File #: 24-0657    Version: 1 Name: Ordinance Approving a First Amendment to IRH Foley, LLC Warranty Deed
Type: Ordinance Status: Adopted
File created: 10/17/2024 In control: City Council
On agenda: 11/4/2024 Final action: 11/4/2024
Title: An Ordinance Approving a First Amendment to IRH Foley, LLC Warranty Deed
Attachments: 1. 22-2035 ORD, 2. Foley to IRH Deed, 3. First Amendment To Use Restrictions

Title

An Ordinance Approving a First Amendment to IRH Foley, LLC Warranty Deed

 

Body

WHEREAS, on August 1, 2022, the Foley City Council adopted Ordinance 22-2035, which declared certain real property no longer needed for municipal purposes and authorized the conveyance of the same to IRH Foley, LLC; and

 

WHEREAS, the City of Foley deeded the real property to IRH Foley, LLC that was recorded on June 12, 2022 by Instrument Number 2073627; and

 

                     WHEREAS, the Deed contains certain "Use Restrictions" in paragraph number 1 of the Deed; and

 

WHEREAS, the City of Foley and IRH Foley, LLC desire to amend the "Use Restrictions" for their mutual benefit; and

 

 

                     NOW THEREFORE, be it ordained by the City Council of the City of Foley as follows:

 

                     SECTION 1: Approves the amendment to the IRH Foley, LLC Warranty Deed as stated in the attached First Amendment to Use Restrictions that shall become a permanent part of the Ordinance.

 

                     SECTION 2: This Ordinance shall take effect immediately after its publication as required by law, and all resolutions, ordinances, orders, or parts thereof in conflict or inconsistent with any provision herein are, to the extent of such conflict or inconsistency, hereby repealed.