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MAINTENANCE: Mowed 6 times per year—$75 per mow ($900). <br />OWNER & ENCUMBRANCE: This is the former Amoco Oil Station site. The City has marketable title to the parcel and <br />it can be sold, however, it is encumbered by Amoco Oils' several restrictive covenants on <br />the use of property. See attachment for details. Generally, the restrictions prevent the <br />sale of petroleum, prevent excavation, and prevent residential development. <br />DISPOSITION: <br />The city is free and clear to sell this property. The subject property is suitable for a <br />number of uses (that require minor excavation based on the 0&E report). The EDA is <br />currently marketing the property. <br />