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08-18 RESOLUTION NO. 08 - 18 A RESOLUTION OF THE CITY OF CLEARWATER, FLORIDA ("CITY"), FINDING THAT PASCO COUNTY REAL PROPERTY, TAX I.D. NO 32-25-16-0040-00COO-0040, COMPRISING A PART OF THE CLEARWATER GAS SYSTEM ("SYSTEM"), IS NO LONGER NECESSARY, USEFUL AND PROFITABLE IN THE CLEARWATER GAS SYSTEM OPERATION, FINDING THAT IT IS IN THE BEST INTERESTS OF THE SYSTEM THAT SUCH PROPERTY BE DISPOSED OF, DECLARE SAID PROPERTY AS SURPLUS FOR THE PURPOSE OF ADVERTISING FOR BID IN THE MINIMUM AMOUNT OF $650,000 NET, LESS COSTS OF RECORDING CORRECTIVE INSTRUMENTS, IF ANY PER BID NUMBER 34-08; PROVIDING AN EFFECTIVE DATE. WHEREAS, the City Manager has made a written determination that the herein described real property, comprising a part of the System, is no longer necessary, useful or profitable in the operation thereof; and, WHEREAS, Black & Veatch Corporation, Consulting Engineer for the System has made a finding that it is in the best interests of the System that such property be disposed of; and, WHEREAS, the System has obtained through Colliers Arnold Valuation Services, Inc. a current fair market valuation of the City's fee simple interest in said property of $650,000 as of June 5, 2008; and, WHEREAS, Section 5.01 (d)(5) of the City Charter requires that said property be declared surplus and no longer needed for municipal use, and that upon being declared surplus said real property shall be sold to the party submitting the highest competitive bid above the appraised value whose bid meets the terms set by Council; and, WHEREAS, Invitation For Bid No. 34-08 has been prepared to Advertise For Bid on said property in the minimum amouRt of $650,000 net, less costs of recording corrective instruments, if any; and, WHEREAS, the findings of the City Manger and the Consulting Engineer and the valuation determination by Colliers Arnold Valuation Services, Inc. with respect to said property, all having been duly considered; Res. No. 08-18 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CLEARWATER, FLORIDA: Section 1. That Council does hereby approve and concur in the findings of its City Manager that the subject property is no longer necessary, useful or profitable in the operation of the System. Section 2. That Council does hereby approve and concur in the findings of Black & Veatch Corporation, Consulting Engineer, that it is in the best interest of the System that such property be disposed of. Section 3. That Council does hereby declare the subject property as surplus and no longer needed for municipal use, and hereby authorizes it be advertised for bid in accordance with Invitation For Bid 34-08 in accordance with provisions of Section 5.01 (d)(5) of the City Charter. Section 6. This resolution shall take effect immediately upon adoption. PASSED AND ADOPTED this 21st day of August ,2008. .=:L_urL t/ ~ ~nk V. Hibbard Mayor Approved as to form: Attest: ~o~ Assistant City Attorney 2 Res. No. 08-18