81-3544 Sell Real Estate1
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RESOLUTION NUMBER 81-3544
(Published in the Salina Journal I—k�W_ / 4— , 1981)
A RESOLUTION DETERMINING THAT IT IS ADVISABLE AND NECESSARY TO OFFER
TO SELL CERTAIN REAL ESTATE TO THE UNITED STATES POSTAL SERVICE AND AUTHORIZING
THE MAYOR TO EXECUTE SUCH DOCUMENTS AS MAY BE NECESSARY.
WHEREAS, by Ordinance Number 80-8786 adopted on the 21st day of April,
1980, the City of Salina, Kansas, authorized the issuance of its Yellow Van Movers,
Inc. Industrial Revenue Bonds, Series 1980, dated April 1, 1980, the aggregate
principal amount of $400,000; and,
WHEREAS, from the proceeds of said industrial revenue bond issue the
City of Salina acquired title to the following described real estate, to wit:
All of Lot Fifty (50) on Fourth Street lying east of UPRR
and all of Lot Fifty -Two (52) on Fourth Street, except UPRR, in
the Original Town (now City of Salina), Saline County, Kansas;
and,
WHEREAS, the said property is subject to a lease in favor of Yellow
Van Movers, Inc. under the terms of which lease the said tenant has the option
to purchase said property at the termination of said lease period; and,
WHEREAS, 'the United States Postal Service has expressed an interest in
obtaining the above described property and other property adjacent thereto for
the purpose rof constructing a United States Postal facility.
NOW THEREFORE, BE IT RESOLVED by the Governing Body.:of the City of
Salina, Kansas:
Sectional. That it is hereby determined to be advisable to offer to
sell to the United States Postal Service the above described property and to
enter into an "Offer to Sell Real Property", a copy of which is attached to this
Resolution.
Section 2. That the Mayor of the City of Salina, Kansas, and the City
Clerk are hereby authorized and directed to execute the "Offer to Sell Real
Property", which is attached hereto.
Section 3. That this Resolution is contingent upon securing the
written approval of Yellow Van Movers, Inc. to the sale of this property and the
further consent of the holders of more than two-thirds of the aggregate principal
amount of the Yellow Van Movers, Inc. Industrial Revenue Bonds, Series 1980,
dated April 1, 1980.
Section 4. This Resolution shall be in full force and effect from
and after its adoption.
Adopted by the Board of Commissioners and signed by the Mayor this
11th day of May, 1981.
(SEAL)'
I ATTEST':
D. L. rrison, City Clerk
d -
'Merle A. Hodges, M. , Mayor