HomeMy WebLinkAbout34566 / 87-251 September 3, 1987 NZ51 RESOLUTION
(LARRIE� LOST LAID OVER WITHDRAWN )
PURPOSE: AUTHORIZE SALE OF INDUSTRIAL LAND
INITIATED BY: LITY ADMINISTRATION
WHEREAS , Chamco, Inc. has nego[iated [he sale of 10.968 acres of
industrial park land in the Nor[h Industrial Park at a purchase price of $J6,776.00
pursuan[ m the provisions of an agreement between the City of Oshkosh and Chamco,
Inc. , and
WHEREAS, to facilitate the sale of said land, the following [erms and
condi[ions need to be met:
(a) Iniiial down payment of $I ,000.00;
(b) Paymen[ of $75,776.00 at closing;
� NOW, THEREFORE, BE IT RESOLVED by the Common Launcil of the Ciiy of
Oshkosh tha[ the sale of 10.968 acres of North Industrial Park land is hereby
approved upon the foregoing terms and conditions and that Che proper Lity oFfi-
cials are directed and authorized to execuie such documents as may be necessary
[o effect the sale of said premises.
SUBNITTLD HY �-----
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