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Title:
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ORD Declaring Approx 6.05 Acres of Real Prop Owned by the City (Collectively, the “City Property”) to be Surplus to the Needs of the City; Apv & Auth the Mayor or his Designee & Corp Secretary to Execute a Real Estate Land Exchange Agreemt (“Agreement”) btwn the COJ & Keystone Investments, LLC (“Keystone”), & to Execute all Deeds & Closing Documents Relating thereto, & Otherwise take All Necessary Action to Effectuate the Purposes of the Agreemt, for the Exchange of the City Property, Having an Appraised Value of $18,300.00, in Exchange for Keystone-owned Property of Approx 1.02 acres w/ an Appraised Value of $47,000.00, to Facilitate the Development of a Railroad Track Extension for Keystone which will result in Expanded Job Opportunities & other Economic Benefits for the Community, & Provide Land to Expand City-Owned Wigmore Park; Waving Sec. 122.425 (Disposition by Auction or Sealed Bid), Ord Code; Waiving Sec. 122.421(b) (General Provisions; Delegat...
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Assigned Committees:
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FINANCE, NCSPHS, RULES, TEU
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