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Subject: Item 7 of June 7, 2005, being a communication from a representative of F&A Development, LLC, wishing to purchase 1335 West Sixth Street from the City.
Recommendation: City Attorney be authorized and directed to take the necessary steps to sell that portion of the city owned property at 1335 West Sixth Street, Tax ID #07324000, which lies north of the north right-of-way line of Riverview Terrace for the sum of $15,000.00.
Further recommends that revenue received from the sale of this property be placed in Account 101.090.7240, Sale of Fixed Assets.
Further recommends that this item be referred to the City Plan Commission.
Recommendation of City Plan Commission (1-25-06):
That the request by F&A Development, LLC wishing to purchase 1335 West Sixth Street from the Cithy is not in conflict with City plans and programs.
That the communication be received and filed.
Fiscal Note: The City will receive $15,000.00 from the sale of this property.