HomeMy WebLinkAbout5794 RESOLUTION NO. 5794
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
AUBURN, WASHINGTON, AUTHORIZING THE MAYOR TO
EXECUTE, ON BEHALF OF THE CITY, A PURCHASE AND
SALE AGREEMENT FOR COMMERCIAL PROPERTY
OWNED BY 125 E MAIN, LLC LOCATED AT 125 E MAIN,
AUBURN
WHEREAS, the City of Auburn (the "City") desires to purchase property located at
125 E Main, Street, Auburn (the "Property"), from 125 E Main, LLC; and
WHEREAS, 125 E Main, LLC desires to sell the Property to the City under mutually
negotiated terms.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF AUBURN,
WASHINGTON, RESOLVES as follows:
Section 1. The Mayor is (i) authorized to execute the purchase and sale
agreement attached as Exhibit "A" (the "Agreement"), and any amendments or
addendums to the Agreement, as appropriate, so long as those amendments or
addendums do not increase the price of the Property; and (ii) to execute all necessary
documents on behalf of the City to complete the closing of the purchase transaction to
acquire the Property consistent with the terms and conditions of the Agreement.
Section 2. The Mayor is authorized to implement those administrative
procedures necessary to carry out the directives of this Resolution.
Resolution No. 5794
10/15/2024
Page 1 of 2 Rev. 2024
Section 3. This Resolution will take effect and be in full force on passage and
signatures.
Dated and Signed this 21st day of October, 2024.
CITY OF AUBURN
)ciAN \• CaUhal
NANCY B 1n6US, MAYOR
ATTEST: APPR• . D A TO FO`,'
2S-43.44.v•,....Cah."-40,)466 grAINIPArna-- moo
Shawn Campbell, MMC, City Clerk ason Whalen, City Attorney
Resolution No. 5794
10/15/2024
Page 2 of 2 Rev. 2024
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