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HomeMy WebLinkAboutResolution 2705 Authorizing conveyance of real property from City to Smiths: 7-18-88 RESOLUTION NO. 2705 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN, MONTANA, AUTHORIZING THE CITY MANAGER TO EXECUTE A CONVEYANCE OF REAL PROPERTY FROM THE CITY OF BOZEMAN TO ROGER AND ROSALIND SMITH. WHEREAS, the City of Bozeman and Roger and Rosalind Smith entered into an escrow agreement on or about July 11, 1986, under which the City of Bozeman received a warranty deed to Tract 1A-1 of Certificate of Survey No. 1240B for security for the payment of annual assessments for Special Improvement District Nos. 649, 650, and 651: and WHEREAS, under the terms of said escrow agreement the City of Bozeman was to receive ownership to said tract in the event of nonpayment of any assessment: and WHEREAS, the City of Bozeman filed said warranty deed and is the owner of record of said tract due to the nonpayment of an assessment pursuant to the escrow agreement: and WHEREAS, Roger Smith and Rosalind Smith have expressed the desire to the City of Bozeman to amend the boundaries of the foregoing described tract so that a portion could be sold to the Fellowship Baptist Church: and v7HEREAS, a diversity of ownership and the development of land would be beneficial to the City of Bozeman: and WHEREAS, Roger and Rosalind Smith have agreed to replace said property with additional real property. . NOW, THEREFORE, BE IT RESOLVED by the City Commission of the . City of Bozeman, Montana, that the City Manager is hereby authorized to execute any documents necessary to convey the foregoing described property to Roger H. Smith and Rosalind I. Smith so that the transaction between the Smiths and Fellowship Baptist Church can be finalized. Dated this 18th day of July, 1988. . ATTEST: {jjk 0/ ~ . Clerk of the Comm~ssion A:o:r~~ , Bruce E. ecker, City Attorney -