Resolution No. 04-96 CITY OF TIGARD,OREGON
RESOLUTION NO.04-Q Lo
A RESOLUTION DECLARING REAL PROPERTY LOCATED AT 14040 SW 117TH AVENUE
AS SURPLUS,SETTING THE MINIMUM ACCEPTABLE TERMS OF ANY FUTURE SALE,
AND AUTHORIZING STAFF TO CARRY OUT THE SALE OF SAID PROPERTY.
WHEREAS,the City,in order to complete the Gaarde Street Phase 2 project(Project),purchased
the real property located at 14040 SW 117 h Avenue(Property);and
WHEREAS, the Project has been completed and the City has delineated the right-of-way needed
from the Property;and
WHEREAS,the remainder of the Property,including the existing house,is no longer needed for the
Project and is available for surplus and sale;and
WHEREAS,the Property has been defined as"standard developed"property according to Tigard
Municipal Code(TMC)Chapter 3.44.015;and
WHEREAS,an appraisal of the Property has determined its market value to be$150,000;and
WHEREAS,TMC Chapter 3.44.015 describes the process to dispose of property such as this.
NOW,THEREFORE,BE IT RESOLVED by the Tigard City Council that:
SECTION 1: The sale of the Property has been determined to be in the public interest.
SECTION 2: The City Manager is authorized to complete the sale of the Property,including,but
not limited,to purchase agreement and deed,with the minimum acceptable bid set at
$150,000.
SECTION 3: This resolution is effective immediately upon passage.
PASSED: This 14th day of December 2004.
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Mayor-Ciky of Tigard
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ATTEST:
City Recorder-City of Tigard
RESOLUTION NO.04 q�Q
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