Agenda - Council - 04/13/2021 - Laserfiche WebLink

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i. Provide funds to cover those costs for which the City is responsible under this Agreement; ii. File an e-CRV as necessary. d. Closing costs. i. At Closing, the following Donor closing costs and expenses must be paid by the Donor: 1. Donor's portion of the property taxes prorated to the date of Closing. 2. Donor's own attorney's fees. 3. State deed tax. 4. Cost of title commitment. ii. At Closing, the City must pay the following costs and expenses: 1. City's portion of the property taxes prorated to the date of Closing. 2. City's own attorney's fees. 3. Closing fees. 4. Documentary and recording fees for the deed. 5. The cost of the environmental reports requested by the City and the survey, if any. Alternatives: 1. Adoption of Resolution #21-096 Approving Donation Agreement and Acquisition of Outlots C and D, Sweetbay Ridge (As presented); subject to City Attorney review 2. Adoption of Resolution #21-096 Approving Donation Agreement and Acquisition of Outlots C and D, Sweetbay Ridge (with changes); subject to City Attorney review 3. Something else Funding Source: Cost not to exceed $5,000 and could come from the City's Public Improvement Revolving (PIR) Fund, Trail Development Fee Account, a combination of multiple sources or other. Recommendation: Staff recommends adoption of Resolution #21-096 Approving Donation Agreement and Acquisition of Outlots C and D, Sweetbay Ridge(as presented); subject to City Attorney review. Action: Motion to adopt Resolution #21-096 approving Donation Agreement and acquisition of Outlots C and D, Sweetbay Ridge; subject to City Attorney review. Attachments Site Location Map ACTION - Resolution #21-096 ACTION - Donation Agreement - Sweet Bay Ridge Regional Context Map Form Review Inbox Reviewed By Date Tim Gladhill Tim Gladhill 04/08/2021 08:57 AM Kurt Ulrich Kurt Ulrich 04/08/2021 02:26 PM Form Started By: Sean Sullivan Started On: 04/06/2021 11:47 AM Final Approval Date: 04/08/2021