Title
Approval to sell property on Interchange Drive
Body
SUMMARY: Aviagen, Inc. has submitted an offer to purchase a portion of Tax Map 73, Parcel 30.04 on Interchange Drive. They have offered $25,000 per acre for 15 +/- acres. The letter they submitted is attached. Aviagen, Inc. will be responsible for closing costs and the City for surveying and subdividing. Prior to closing, the sell of the property must be advertised in the newspaper for 30 days.
BUDGET ACCOUNT:
Recommended Action
NECESSARY COUNCIL ACTION: approve the sell of property, advertising the public notice, and closing on the property.