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CONSENT CASE # __~ <br /> <br /> AUTHORIZATION FOR SALE OF <br />LOTS 1 AND 2, BLOCK 1, GATEWAY NORTH INDUSTRIAL PARK <br /> <br />By: William K. Goodrich, City Attorney <br /> <br />Background: <br /> <br />The City has entered into a TIF Agreement with T & G Land, Inc. whose principal is Tom Sauter. <br />As a part of these transactions, the City is selling an approximate 10 acre lot in the newly platted <br />Gateway North Industrial Park No, 5 to T & G Land, Inc. and granting a six year option on an <br />approximate 8 acre lot in the same plat to T & G Land, Inc. In order to complete this transaction a <br />sale ordinance must be adopted. <br /> <br />Enclosure: <br /> <br />Proposed Ordinance <br /> <br />Recommendation: <br /> <br />Introduce the Ordinance <br /> <br />Council Action: <br /> <br />Motion to introduce Ordinance No. 01-~ which is an ordinance authorizing the sale of Lots 1 <br />and 2, Block 1, Gateway North Industrial Park No. 5. <br /> <br />Review Checklist: <br /> <br />City Administrator <br /> <br />-139- <br /> <br /> <br />