HomeMy WebLinkAbout184-15 RESOLUTIONOF FAY.ETTF
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113 West Mountain Street
Fayetteville, AR 72701
(479) 575-8323
Resolution: 184-15
File Number: 2015-0454
APPLE SEEDS, INC.:
A RESOLUTION TO AUTHORIZE THE SALE OF APPROXIMATELY 0.75 ACRE OF CITY -OWNED
REAL PROPERTY LOCATED AT 2648 OLD WIRE ROAD TO APPLE SEEDS, INC. FOR THE
AMOUNT OF $200,000.00, AND TO APPROVE A TWENTY (20) YEAR LEASE AGREEMENT WITH
APPLE SEEDS, INC. FOR APPROXIMATELY TWO (2) ACRES ON THE NORTH END OF GULLEY
PARK FOR THE PURPOSE OF OPERATING A TEACHING FARM
WHEREAS, Resolution 165-15 approved a contract with Real Assets, Inc. to represent the City in
selling two tracts of city -owned property near Gulley Park; and
WHEREAS, Apple Seeds, Inc. has made an offer to purchase the tract containing approximately 0.75 acres
with a house and barn, contingent upon City Council approval of a lease agreement for two acres of property
for the purpose of operating a teaching farm, its ability to obtain financing, and its ability to obtain a
conditional use permit for the operation of the teaching farm.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
FAYETTEVILLE, ARKANSAS:
Section 1. That the City Council of the City of Fayetteville, Arkansas hereby determines that the property
located at 2648 Old Wire Road is no longer needed for municipal purposes.
Section 2. That the City Council of the City of Fayetteville, Arkansas hereby authorizes Mayor Jordan to
sell approximately 0.75 acre of city -owned real property located at 2648 Old Wire Road to Apple Seeds, Inc.
for the sum of $200,000.00, contingent upon Apple Seeds, Inc. obtaining financing and a conditional use
permit for the operation of a teaching farm on the property.
Page 1 Printed on 10/7/15
Resolution 184-15
Section 3. That the City Council of the City of Fayetteville, Arkansas hereby approves a twenty (20) year
land lease agreement, a copy of which is attached to this Resolution, with Apple Seeds, Inc. for
approximately two (2) acres of property on the north end of Gulley Park for the purpose of operating a
teaching farm.
PASSED and APPROVED on 10/6/2015
Attest:
Sondra E. Smith, City Clerk Treasurer
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Paye 2 Printed on 10/7/15
City of Fayetteville, Arkansas 113 West Mountain Street
•,,, Fayetteville, AR 72701
— (479) 575-8323
'v Text File
File Number: 2015-0454
Agenda Date: 10/6/2015 Version: 1 Status: Passed
In Control: City Council Meeting File Type: Resolution
Agenda Number: C. 4
APPLE SEEDS, INC.:
A RESOLUTION TO AUTHORIZE THE SALE OF APPROXIMATELY 0.75 ACRE OF
CITY -OWNED REAL PROPERTY LOCATED AT 2648 OLD WIRE ROAD TO APPLE SEEDS,
INC. FOR THE AMOUNT OF $200,000.00, AND TO APPROVE A TWENTY (20) YEAR LEASE
AGREEMENT WITH APPLE SEEDS, INC. FOR APPROXIMATELY TWO (2) ACRES ON THE
NORTH END OF GULLEY PARK FOR THE PURPOSE OF OPERATING A TEACHING FARM
WHEREAS, Resolution 165-15 approved a contract with Real Assets, Inc. to represent the City in
selling two tracts of city -owned property near Gulley Park; and
WHEREAS, Apple Seeds, Inc. has made an offer to purchase the tract containing approximately 0.75
acres with a house and barn, contingent upon City Council approval of a lease agreement for two acres
of property for the purpose of operating a teaching farm, its ability to obtain financing, and its ability to
obtain a conditional use permit for the operation of the teaching farm.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
FAYETTEVILLE, ARKANSAS:
Section 1. That the City Council of the City of Fayetteville, Arkansas hereby determines that the
property located at 2648 Old Wire Road is no longer needed for municipal purposes.
Section 2. That the City Council of the City of Fayetteville, Arkansas hereby authorizes Mayor Jordan
to sell approximately 0.75 acre of city -owned real property located at 2648 Old Wire Road to Apple
Seeds, Inc. for the sum of $200;000.00, contingent upon Apple Seeds, Inc. obtaining financing and a
conditional use permit for the operation of a teaching farm on the property.
Section 3. That the City Council of the City of Fayetteville, Arkansas hereby approves a twenty (20)
year land lease agreement, a copy of which is attached to this Resolution, with Apple Seeds, Inc. for
approximately two (2) acres of property on the north end of Gulley Park for the purpose of operating a
teaching farm.
City of Fayetteville, Arkansas Page 1 Printed on 101712015
Connie Edmonston
Submitted By
9—a 9-1E
City of Fayetteville Staff Review Form
2015-0454
Legistar File ID
10/6/2015
City Council Meeting Date - Agenda Item Only
N/A for Non -Agenda Item
9/25/2015 Parks & Recreation /
Parks & Recreation Department
Submitted Date Division / Department
Action Recommendation:
Approval of Real Estate Contract with Apple Seeds, Inc. to purchase house on 2648 Old Wire Road by Gulley Park in
the amount of $200,000 and approval of two acres Land Lease Agreement in Gulley Park.
Account Number
Project Number
Budgeted Item? NA
Budget Impact:
Current Budget
Funds Obligated
Current Balance
Fund
Project Title
ice— -
Does item have a cost? NA Item Cost
Budget Adjustment Attached? NA Budget Adjustment
Remaining Budget $ -�
V20140710
Previous Ordinance or Resolution # 165-15,157-14
Original Contract Number: Approval Date: �.
Comments: Request for approval of an offer to sell a city -owned house located adjacement to Gulley Park.