File #: 17-0436    Version: 1 Name: Forbus contract 1.43 acres
Type: Contract Status: Passed
File created: 11/6/2017 In control: City Council
On agenda: 11/14/2017 Final action: 11/14/2017
Title: Approval of contract for the sale of 1.43 acres to Forbus Investments, LLC in Interchange Park
Sponsors: City Attorney
Attachments: 1. Lease Property Interchange Drive Exhibit A

Title

Approval of contract for the sale of 1.43 acres to Forbus Investments, LLC in Interchange Park

 

Body

SUMMARY:

As approved at the October 10th meeting, an advertisement was run in the Crossville Chronicle for the sale of 1.43 acres in Interchange Park to Forbus Investments, LLC.  The 30-day advertising period expires on November 17th.  The City Attorney has prepared a contract for the sale of the property.

 

BUDGET ACCOUNT:

 

Recommended Action

NECESSARY COUNCIL ACTION:  Approve contract for the sale of 1.43 acres to Forbus Investments, LLC, pending expiration of the 30-day advertising period.