91-38 (2)RESOLUTION_ NO. 91 -38
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF
CLEARWATER, FLORIDA, AUTHORIZING THE EXECUTION OF A
CONTRACT FOR SALE AND PURCHASE OF THE "MAAS BROTHERS
PROPERTY WITH ALLIED STORES GENERAL REAL ESTATE
COMPANY; PROVIDING AN EFFECTIVE DATE.
WHEREAS, a contract for the purchase and sale of the property known as the
"Maas Brothers Property" has been prepared, wherein the City of Clearwater has
offered to purchase the property from Allied Stores General Real Estate Company,
successor by merger to Clearmaas Realty Corporation, for $1,900,000.00, and the
offer has been accepted by the seller, subject to approval of the Bankruptcy
Court of the Southern District of Ohio; and
WHEREAS, the contract, a copy of which is on file with the City Clerk, has
been duly considered by the City Commission; now, therefore,
BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF
CLEARWATER, FLORIDA:
Section 1. The contract for the purchase of the property known as the
"Maas Brothers Property" from Allied Stores General Real Estate Company,
successor by merger to Clearmaas Realty Corporation, is hereby approved. The
mayor and city clerk are authorized to execute the contract, and to cause an
executed copy and the deposit to be delivered to Ticor Title Insurance Company
in St. Petersburg, Florida, as provided in the contract.
Section 2. This resolution shall take effect immediately upon adoption.
PASSED AND ADOPTED this 5th day of September, 1991.
Rita Garvey
Mayor- Commissioner
Attest:
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4Cynta E. Gauc .ea�! rk