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HomeMy WebLinkAboutResolution 4775 Property Purchase of 1804 North Rouse from Montana Department of Transportation (MDT) i i a ttr,H CO.rp��Y COMMISSION RESOLUTION NO. 4775 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN, AUTHORIZING THE CITY MANAGER TO PURCHASE A TRACT OF LAND NECESSARY FOR THE PURPOSE OF EXPANDING THE VEHICLE MAINTENANCE PROPERTY. �I i WHEREAS, the City of Bozeman finds it necessary to acquire certain real property to allow it to utilize such property for purposes of expanding the Vehicle Maintenance property; and WHEREAS, the real property to be acquired is described in Exhibit "A" attached hereto and by this reference incorporated herein; and WHEREAS, the Montana Department of Transportation has offered to sell said real property by submission of a written offer in accordance with Section 60-4-202, Montana Code Annotated; NOW, THEREFORE, BE IT RESOLVED by the City Commission of the City of Bozeman,Montana,that it authorize the City Manager's execution of the Offer Letter for the Purchase of the real property described in Exhibit "A," together with all necessary closing documents, and accept the Deed to transfer ownership of the real property from the Montana Department of Transportation to the City of Bozeman. PASSED AND APPROVED by the City Commission of the City of Bozeman, Montana, at a regular session thereof held on the 30'h day of January, 2017. a A jl P Page I of 3 3 Resolution 4775, Property Purchase of 1804 N.Rouse from MDT for Vehicle Maintenance Property Expansion CARSON TAYLOR Mayor ATTEST: Po , ROBIN CROUG • =' = City Clerk ���•, 1883 •. �� TIN CO.�10 APPROVED AS TO FORM: G SULLIVAN ty Attorney Page 2 of 3 I I i I Resolution 4775, Property Piet-chase of 1804 N. Rouse fr-oin AIDT for [vehicle Maintenance Property Expansion i 4 E Exhibit "A" Legal Description Parcel No. 101 on Montana Department of Transportation Project STPP 86-1(44)0, as shown on the Right-of-Way plan for said project recorded in the office of the County Clerk and Recorder of Gallatin County, Montana. Said parcel being a portion of the property conveyed under Film 95, Page 1605 and is also described as a tract of land within Certificate of Survey recorded under s Film 1, Page 928 situated in U.S. Government Lot 2 (sometimes referred to as the NW%NE'/) of Section 6, Township 2 South, Range 6 East, P.M.M., Gallatin County, Montana. as shown by the shaded area on the plat consisting of 1 sheet attached hereto and made a part hereof, containing an area of 58.425 sq. ft., more or less. 3 I i u J R i } 5 d 4 i } Page 3 of 3 MUM Afvr,*--- Montana Department of Transportation Michael T.Tooley,Director DMRWE1Vr0FTR4NSPWrATM 2701 Prospect Steve Bullock Governor PO Box 201001 Helena MT 59620-1001 ROWTORMMESTR01136 Revised 8/9/2015 December 14, 2016 j Craig Woolard City of Bozeman ' PO Box 1230 Bozeman MT 59771-1230 Subject: STPP 86-1(44)0 Rouse Ave-Bozeman 4805-004-000 Parcel 101 Offer Letter-1804 N. Rouse Ave. Dear Mr. Woolard, The property that the City of Bozeman (City) is interested in acquiring is shaded on the attached plat and is approximately 58,425 square feet in size with a 6,500 square foot service garage. The Montana Department of Transportation (MDT) hired a fee appraiser who determined that the fair market value of the property on November 14, 2016 was $650,000.00. MDT is agreeable to transferring all of its right, title, and interest in the property to the City if they agree to the following: i • pay MDT 100% of the appraised fair market value of the property; and • honor the existing Lease Agreement with Knife River"as is" without any revisions especially regarding the term and the compensation. (See attachment.) MDT is not requiring a survey of the property, but if a survey is needed for recording or other purposes, the City would be required to provide a survey of the property at their sole expense. If the City agrees to these terms, please send MDT the following by February 1, 2017: • this letter signed and dated by the appropriate representative for the City as acceptance of this offer; and • a check for the 10% deposit of the $650,000.00 or$65,000.00 payable to the Montana Department of Transportation. Right of Way Bureau Engineering Division Phone:(406)444-6056 An Equal Opportunity Employer TTY: (800)335 7592 Fax: (406)444-7254 Web Page. www.mdt.mt.gov City of Bozeman Page 2 December 14, 2016 The remaining balance of $585,000 would be due on or before March 2, 2017. Once the property is paid for in full, I will proceed to have a deed prepared to transfer the property to the City. Also, include the last 4 digits of the City's FEIN number below. Because land values are always changing, this offer is only good until February 1, 2017. If I do not receive this signed letter and a check for $65,000 from the City on or before said date, this offer will be rescinded. Sincerely, Catherine Ries Right-of-Way Specialist Real Estate Services Section (406)-444-92 7 2 THIS OFFER IS HEREBY ACCEPTED THIS DAY OF �c vw(,c , 20 J� BY: Ij CITY OF BOZEMAN: X Name: l S xyKU15 x f Title: lT y H ckdAc-, !q e.0 Last 4 digits of the City's FEIN ## (�3 cc: Jeffrey M. Ebert, P.E., District Administrator - Butte Jennifer Nelson, MDT Butte Design Right of Way Bureau Engineering Division Phone:(406)444-6056 An Equal Opportunity Employer TIY: (800)335-7592 Fax: (406)444-7254 Web Page: www.mdt.mt.gov