The City of Monticello, Iowa
RESOLUTION #2023-121
Approving purchase of land near the Airport and authorizing City Administrator to Close Real Estate Transaction
WHEREAS, The City Council previously authorized the City Administrator to pursue the purchase of the property known as a portion of the Rowland Trust farm in Monticello after discussing the purchase during closed session on 3/20/2023, and
WHEREAS, The City Administrator has negotiated the purchase of said property with the property owner and presents the final purchase price on a per-acre basis to the Council for final approval, and
WHEREAS, The City Council finds that the terms of the purchase agreement are substantially consistent with the terms agreed to by the City Council during the closed session of 3/20/2023 and finds all other provisions agreeable.
NOW, THEREFORE, BE IT RESOLVED that the City Council of Monticello, Iowa does hereby authorize the City Administrator to accept a deed, expend not more than $11,766.35 per surveyed acre plus other necessary closing costs, execute appropriate documents and take all other action necessary to close on the property.
IN TESTIMONY WHEREOF, I have hereunto subscribed my name and caused the Great Seal of the City of Monticello, Iowa to be affixed hereto. Done this 21st day of August, 2023.
David Goedken, Mayor
Attest:
Sally Hinrichsen, City Clerk/Treasurer