Title
(First Reading) An Ordinance Declaring Certain Real Property Surplus and No Longer Needed for Municipal Purposes and Authorizing the Sale of the Same
Body
WHEREAS, the City of Foley owns certain real property identified as Lot #6, being a resubdivision of Lot 6 and 2B of the Foley Beach Express Industrial Park Subdivision Unit 7, as recorded on Slide 3041C, Instrument No. 2229157 in the Office of the Judge of Probate of Baldwin County, Alabama;
WHEREAS, Lot 6 is located within the municipal limits of the City of Foley, Alabama and consisting of approximately 5.039 +/- acres;
WHEREAS, LKG Properties, LLC, a Baldwin County based business, desires to consolidated its operations and locate its business, Cox Pools, in the City of;
WHEREAS, the City desires to convey Lot #6 to LKG Properties, LLC, on certain terms, restrictions, and conditions;
NOW THEREFORE, be it ordained by the City Council of the City of Foley as follows:
SECTION 1. That the City Council hereby finds and declares that the following property is no longer needed for municipal purposes and that it is in the best interest of the City of Foley to convey the same to LKG Properties, LLC on the terms, restrictions and conditions as set forth in the Purchase and Sale Agreement attached hereto as Exhibit “A”
Lot #6 of the Resubdivision of Lot 6 and 2B of the Foley Beach Express Industrial Park Unit 7, as recorded on Slide 3041C, Instrument No. 2229157 in the Office of the Judge of Probate of Baldwin County, Alabama.
(the “Subject Property”). The City expressly finds and declares that the consideration expressed in the attached Purchase and Sale Agreement to be paid to the City of Foley by LKG Properties, LLC is good, valuable, sufficient and adequate consideration to the City.
SECTION 2. That, pursuant to Code of Alabama, Section 11-47-20 and applicable law, the Mayor and City Clerk of the City of Foley are hereby authorized and directed to execute, acknowledge, attest and deliver a sta...
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