Title
A RESOLUTION AUTHORIZING THE CITY MANAGER TO ENTER INTO BOTH A PURCHASE AND SALE AGREEMENT WITH THE HUDSON CITY SCHOOL DISTRICT AND RELATED DONATION AGREEMENT WITH AN ANONYMOUS DONOR TO ACQUIRE AND IMPROVE REAL PROPERTY LOCATED AT 34 NORTH OVIATT STREET (PERMANENT TAX PARCEL NO. 32-00118) IN THE CITY OF HUDSON FOR PUBLIC PURPOSES AND ALSO AUTHORIZING THE CITY MANAGER TO ADVERTISE FOR COMPETITIVE BIDS FOR THE PURPOSE OF IMPROVING THE PROPERTY LOCATED AT 34 NORTH OVIATT STREET; AND DECLARING AN EMERGENCY. (as amended 12/18/2018)
Executive Summary: The School District currently owns the land on which the old elementary school once stood. A local benefactor has indicated a desire to move this property into permanent open space with passive recreational upgrades and landscaping improvements. Due to legal restrictions that the School District must comply with when looking at the disposition of property, this donor transaction cannot be made directly from the Schools and the donor. Therefore, both parties have requested the third-party involvement of the City. The proposed outcome of this request is for the School District to transfer ownership of the property to the City, and the City would then become responsible for the property, subject to restrictions set forth by the donor.
Body
Legislative History
None.
Purpose & Explanation
See Executive Summary.
Timing Considerations
This Resolution will be effective upon passage.
Fiscal Impact
Currently Budgeted
X Supplemental Appropriation Required
Appropriation Not Required.
Recommendation
Suggested Action
Staff recommends passage of this Resolution.
Submitted by,
Jane Howington, City Manager