Title
A RESOLUTION AUTHORIZING THE CITY MANAGER TO EXECUTE THE DOCUMENTS NECESSARY TO REMOVE CERTAIN TITLE MATTERS RELATIVE TO THE PROPERTIES LOCATED AT 53 FIRST STREET, 17 WEST STREETSBORO ROAD, AND 36 NORTH MAIN STREET; AND DECLARING AN EMERGENCY.
Brief Description: This Resolution enables the City Manager to execute the documents necessary to remove certain title matters related to properties owned by the Merino family in downtown Hudson to facilitate the sale of said properties to the Margaret Clark Morgan Foundation.
Body
Legislative History
Resolution No. 88-25, Authorizing an exchange of properties for public purpose with Richard Merino, passed April 18, 1988.
Purpose & Explanation
This Resolution enables the City Manager to execute the documents necessary to remove certain title matters related to properties owned by the Merino family in downtown Hudson to facilitate the sale of said properties to the Margaret Clark Morgan Foundation, as requested in attached letter, Exhibit A.
Fiscal Impact
Currently Budgeted (Account #, $)
Supplemental Appropriation Required (Account #, $)
X Appropriation Not Required
Does this legislation require use of an emergency clause?
X Yes, this Resolution will be effective immediately upon passage to facilitate the sale of the Merino properties to the Margaret Clark Morgan Foundation.
No
Recommendation
Suggested Action
Staff recommends passage of this Resolution.
Submitted by,
Jane Howington, City Manager