Commission Meeting Agenda Item

Department

Staff Recommended Motion

Summary

Fiscal Impact

Source of Funding

Funding Account

Downloads

Agenda Item

Discussion and Direction on moving forward with enforcing the Contract to Purchase a portion of the Property Owned by Tabitha Taylor at 105 Caroline Avenue.

Department

Public Works, Town Attorney, Town Manager

Staff recommends approval to move forward with enforcing the contract to purchase property owned by Tabitha Taylor at 105 Caroline Avenue.

Summary

An issue with the finalization of closing documents was discussed at the last Town Commission Meeting.  The Town has received the signed contract from the property owner and the Town Attorney has advised that the Town may move forward with enforcing the contract if it wishes to do so. Staff is requesting direction from Town Commission to move forward with enforcing the signed Contract to Purchase and closing on the property.

Fiscal Impact

  • $8,000 for purchase of land.
  • $5,100 for fence to be installed.
  • Legal fees/filing fees to be determined.

Source of Funding

Committed Asset Fund

Funding Account

1901-519-6110

Downloads

Commission Meeting Agenda Item 2022015 (.pdf document)