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:
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.
Clerk of the Comm~ssion
A:o:r~~
,
Bruce E. ecker, City Attorney
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