Title
A Resolution Amending Resolution 18-1149 Approving The Sale of the Cactus Cafe/Historic Foley Bakery Building
Summary
Description of Topic: (who, what, where, when, why and how much)
On June 18, 2018, Council adopted Resolution 18-1149 Approving The Sale of the Cactus Cafe/Historic Foley Bakery Building. Section 1. of the resolution states that the sale is approved contingent upon receipt of a non-refundable deposit. Council now wishes to remove that contingency so that the deposit will be refundable and the due diligence period for Azalea Fund will be reduced from 180 days to 90 days.
Budgetary Impact:
Non-Capital Item:
____ Budgeted under account #_______________ (discussion item)
____ Not budgeted, requesting transfer of $__________ from Account #______________ to Account #_____________.
____ Not budgeted requiring increase to account #___________ in the amount of $____________.
Capital - Departmental
____ 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 #_______________
____ Not Budgeted - account #____________ requires budget increase of $_____________.
Capital Project - **THE PRE-PROJECT CHECKLIST AND BUDGET CHECKLIST MUST BE ATTACHED TO THIS FILE**
In current year Capital Projects Plan:
_____ Yes, planned amount $___________, requesting $_________ as total project estimate, including contingencies, under account #_________________
_____ No, requesting $___________ as total project estimate, including contingencies, under account #____________________
Body
WHEREAS, on June 18, 2018, Council adopted Resolution 18-1149 Approving The Sale of the Cactus Cafe/Historic Foley Bakery Building, and
WHEREAS, Section 1. of the resolution states that the sale is...
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