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Resolution 21-117

THE CITY OF MONTICELLO, IOWA

IN THE NAME AND BY THE AUTHORITY OF THE CITY OF MONTICELLO, IOWA

RESOLUTION 2021-117  

Scheduling a public hearing for November 1, 2021 at 6:00 PM to receive input on proposal for 103 West First Street related to restoring /making improvements

WHEREAS, The City Council previously agreed to accept bids/proposals on City owned property located 103 West First Street, and

WHEREAS, The City has received two bids/proposals related to the property in March 2021 and based thereon held Public Hearing on April 5, 2021 on the proposed sale of the property, and

WHEREAS, The City accepted the initial offer for 103 West First Street parcel, from Creative Concepts Development agreeing to pay City of Monticello, Iowa $1000 for the property located at 103 West First Street contingent on the following conditions by utilizing the Derelict Building Grant of $50,000 and city match for a total of $100,000:

  1. All asbestos material removed and disposed of properly.
  2. The roof is replaced on the north-south portion of the building.

With the plan for the property as follows providing the City applies for a $100,000 Catalyst Grant with matching funds:

  1. Rehabilitate the first floor of the north-south portion of the building into a bar/restaurant.
  2. Construct upper story housing on the second floor of the north-south portion of the building.
  3. Remove the store front on the Cedar Street side and create outdoor seating and entertainment area in the east-west portion of the building.

WHEREAS, Creative Concepts Development subsequent withdrew from the proposed agreement, so the sale cannot be consummated, and

WHEREAS, Matt Kumley proposed to accept the terms and conditions of Creative Concepts as stated above related to the property and based thereon finds that a Public Hearing should be scheduled on the proposed sale of the Property to Matt Kumley, and

WHEREAS, At the Public Hearing, the Council will receive and consider public input related to the potential sale of said property, and the Council will decide whether or not to sell the property, to sell a portion of the property, or to not sell the property at all and the conditions, if any, tied to the Council decision

NOW THEREFORE BE IT RESOLVED by the City of Monticello, through its’ City Council, in session this 18th day of October, 2021 that a Public Hearing on the proposed sale of City owned property located 103 West First Street should be scheduled for the 1st day of November 2021at 6:00 p.m., with notice to be published in the Monticello Express as required by the Iowa Code. The said notice shall be in the form substantially as attached to this resolution.

                                       IN TESTIMONY WHEREOF, I have hereunto subscribed my name and caused the Great Seal for the City of Monticello, Iowa to be affixed.  Done this 18th day of October 2021.

Brian Wolken, Mayor

Attest:

Sally Hinrichsen, City Clerk