Title
A Resolution Requesting Approval to Hire an Appraiser to Establish the Value of a Two Acre Parcel Owned by the City of Foley Located in Summerdale, AL (PPIN 064597)
Summary
Description of Topic: (who, what, where, when, why and how much)
In 1985, the City purchased a two acre parcel located in Summerdale for the sole purpose of constructing a non-directional beacon for the benefit of the Foley Municipal Airport. The beacon was decommissioned by the FAA in June of 2016. The property no longer serves a public purpose to the City so I would like to have it appraised. Through an Ordinance, I am also petitioning the Council to declare this property surplus and approve it for sale at the appraised value.
Budgetary Impact:
Non-Capital Item:
____ Budgeted under account #_______________ (discussion item)
____ Not budgeted, requesting transfer of $__________ from Account #______________ to Account #_____________.**Request to Transfer Departmental Budget Dollars form must be attached**
_X___ Not budgeted requiring increase to account #100-1012-6020 in the amount of $1,635.**Request to Increase Departmental Budget Dollars form must be attached**
Capital - Departmental **Capital Purchase Worksheet form must be attached**
____ Budgeted under account #______________ for $_________ and described in budget as ________________________. Additional amount needed, if any: Increase in budget of $_________ OR, transfer of $________ from Account #____________ to Account #_____________**Request to Increase OR Request toTransfer Departmental Budget Dollars form must be attached**
____ Not Budgeted - account #____________ requires budget increase of $_____________.**Request to Increase Departmental Budget Dollars form must be attached**
Capital Project - **If requesting to start a project, a Capital Project Worksheet form must be attached**
In current year Capital Projects Plan:
_____ Yes, described as __________________________, planned amount $___________, requesting $_________ as total project estimate, including contingencies, under account #_________________
_____ No, requesting $___________ as total project estimate, including contingencies, under account #____________________.
_____ No, requesting an increase of $___________ to an already approved project titled ________________________ that is being tracked under Account No. ___________________.
Body
WHEREAS, the City of Foley owns a two acre parcel identified by PPIN 064597 located in Summerdale, Alabama, and,
WHEREAS, this property was purchased by the City in 1985 for the sole purpose of constructing a non-directional beacon for the benefit of the Foley Municipal Airport, and,
WHEREAS, the beacon was decommissioned by the FAA in June of 2016 so the property no longer serves a purpose for the City, and,
WHEREAS, an appraisal is needed to establish a value in order for the property to be sold once an Ordinance declaring the property as surplus is approved by Council.
NOW THEREFORE BE IT RESOLVED that the City Council of the City of Foley, Alabama, as follows:
SECTION 1: Approves hiring Courtney & Morris Real Estate to appraise the property for the purpose of establishing property value.
SECTION 2: Appropriates $1,635 to account number 100-1012-6020 for the appraisal.
SECTION 3: This Resolution shall become effective immediately upon its adoption as required by law.