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HomeMy WebLinkAbout31667 / 81-01B. � r �� . � t ,. - ..�e��.e�.�t.e� 23, i981 �' Z_� RESOLUTION PURPOSE: PURCHASE OF LAND FOR SOUTHWEST lNDUSTRIAL PARK ItJIT1ATED BY: CITY ADMINISTRATION WHEREAS, the City of Oshkosh has a need far additionat land in the Southwest fndustrial Park, and WHEnEAS, Robert 8rayion has indicated a wiilingness ta set7 approx- imateiy 4u acres to 6e determined by survey at a purchase price of $6,OOG per a4re, Wi�(1 ilG I7)Oi�OJ uObVfi ofiC� �il� i+dlof�CE: i0 �J.�dC iniires± at 8i �.`_f annum, the City to pay annuatiy interese ano 105; of the principal for the next succeeding 10 years, on a i0-year Land Contract providing that the City wili receive clear title to any iand it wouid se11 prior to the termin- ation of the Lanci Contract upon payment of the $6,OG0 per acre for said land, NOW, iHEiiEFORE, 8E iT RESOLVE�i by ihe Common Gouncil of the City of Gsh- kosh that the proper City officials are hereby authorized and directed to enter into an appropriate Land Contract encompassing the above-described conditions with Robert Brayton. BE IT FURTHER RESOLVED, that money for this purpose is hereby appropriated from Account No. 775-107, Southwest Industriat Park, Land Account. �t'I;r�:ii7"=":D 3X :`�^:,.-�J � �����,�:�I a� � � � � .�, b� � 'C NH N •rl l� N N � 3 u .c; � � C O � O V] � J-� �T 1 � N O v� K1 •rl N � y � � � r-i � O U ,y' m 7-i N N � �U x aw � N v � +� ¢ Pi O• � � � � .� O � E � U C7 O .� i� O � � � � � < o N � � p �U N � ��+ u � +� � •� q U