Consent 1.G.
Regular City Council Meeting
- Meeting Date:
- 05/23/2011
- TITLE
- Shiloh Conservation Area Land Warranty Deed Acceptance
- PRESENTED BY:
- David Mumford
- Department:
- Public Works
Presentation:
PROBLEM/ISSUE STATEMENT
At the April 25, 2011 meeting, City Council approved a resolution authorizing the purchase of the land from Yellowstone County for the Shiloh Conservation Area project. The Yellowstone County Board of County Commissioners held a public hearing on April 26, 2011 and formally approved the sale of the land to the City. On May 3, 2011 the Board formally approved the warranty deed language. The Commission Chairman signed and fully executed the warranty deed that transfers this property to the City. Historically in land sales such as this, the City Council has asked to formally accept the warranty deed.
ALTERNATIVES ANALYZED
1. Accept the warranty deed from the Yellowstone County Board of County Commissioners; or,
2. Do not accept the warranty deed.
2. Do not accept the warranty deed.
FINANCIAL IMPACT
Funding for the purchase of this land is from Storm Drain Funds in the amount of $512,797.50.
RECOMMENDATION
Staff recommends that the City Council accept the warranty deed as signed and executed by the Yellowstone County Board of County Commissioners for the purchase of land that will become the Shiloh Conservation Area.