Title
(First Reading) An Ordinance Declaring Certain Real Property Surplus and No Longer Needed for Municipal Purposes and Authorizing the Transfer of the Same in Exchange for Other Real Property On Certain Terms and Conditions
Body
WHEREAS, the City of Foley (“City”) owns certain real property identified as PPIN #39815 and 72520, in Foley, Alabama consisting of approximately 5 +/- acres and described as being LOTS 1-12 AND LOTS 13-24, Block F, according to the plat thereof of the Reimer Subdivision of the SW ¼ of NW ¼ Section 21, Township 7 South, Range 4 East, Baldwin County, Alabama, as recorded in Map Book 3, Page 58 (Slide 128B) Probate Records, Baldwin County, Alabama (the “City Property”); and
WHEREAS, Professional Center North, LLC (“PCN”) owns certain real property identified as PPIN #83219 and 18300, in Foley, Alabama described as follows:
COMMENCING AT THE NORTHWEST CORNER OF BLOCK "A" OF REIMER SUBDIVISION, AS RECORDED IN THE OFFICE OF THE JUDGE OF PROBATE, BALDWIN COUNTY, ALABAMA,
ON SLIDE 128-B; THENCE S-89°46'00"-W, A DISTANCE OF 120.00FEET, TO A POINT LOCATED ON THE EAST RIGHT-OF-WAY LINE OF STATE HWY 59 (N. MCKENZIE ST); THENCE RUN
N-00º14'00"-W, A DISTANCE OF 30.00FEET, ALONG SAID EAST RIGHT-OF-WAY LINE, TO A POINT, SAID POINT ALSO BEING THE POINT OF BEGINNING; THENCE RUN N-00º00'00"-E
ALONG SAID EAST RIGHT-OF-WAY LINE A DISTANCE OF 166.42 FEET, TO A POINT; THENCE RUN N-89°54'21"-E, LEAVING SAID EAST RIGHT-OF-WAY LINE, A DISTANCE OF 675.79 FEET,
TO A POINT, THENCE RUN S-00°08'25"-W, A DISTANCE OF 164.73 FEET, TO A POINT; THENCE RUN S-89°46'00"-W, A DISTANCE OF 676.78 FEET TO THE POINT OF BEGINNING.
(the “PCN Property”); and
WHEREAS, the City and PCN each desire to sell and exchange with each other the City Property (less thirty feet along the eastern boundary) and the PCN Property on certain terms, conditions, and understandings; and
WHEREAS, the City has determined that the City property is no longer needed for mun...
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