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t <br /> RESOLUTION NO. ''X_J' • -) <br /> RESOLUTION AUTHORIZING AND DIRECTING THE MAYOR <br /> TO GIVE NOTICE OF ELECTION OF PURCHASE PURSUANT TO <br /> ONE CERTAIN OPTION TO PURCHASE REAL ESTATE, AUTHORIZING <br /> AND DIRECTING THE MAYOR TO EXECUTE ONE CERTAIN OFFER TO <br /> PURCHASE REAL ESTATE AND ACCEPTANCE AND AUTHORIZING THE CITY CLERK <br /> TO ATTEST TO HIS SIGNATURE AND AFFIX THE SEAL OF THE CITY OF <br /> CLIVE, IOWA, TO THE SAME <br /> WHEREAS, on the 5th day of December, 1985, the City Council by <br /> Resolution No. r _ J /j 5 authorized and directed the Mayor to execute <br /> • one certain Option to Purchase Real Estate on behalf of the City of <br /> Clive, Iowa, said Option to Purchase Real Estate is attached hereto <br /> as Exhibit "A" and incorporated herein by this reference; and <br /> WHEREAS, pursuant to the terms and conditions of said Option to <br /> Purchase Real Estate, the City of Clive has the option to acquire <br /> the following- described real estate: <br /> Lot 11 in INTERSTATE INVESTMENT SUBDIVISION, an Official <br /> Plat, all now located in and forming a part of the City <br /> of Clive, Polk County, Iowa <br /> (the "Real Estate "); and <br /> WHEREAS, the City Council of the City of Clive, Iowa, is de- <br /> sirous of exercising its option under the Option to Purchase Real <br /> Estate attached hereto. <br /> NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY <br /> OF CLIVE, IOWA: <br /> 1. That the exercise of the City's right to purchase the <br /> above - described Real Estate pursuant to the terms of the Option to <br /> Purchase Real Estate attached hereto is hereby determined to be in <br /> the best interests of the residents of the City of Clive, Iowa. <br /> 2. That the Mayor is hereby authorized and directed to give <br /> the notice of election of purchase under the Option to Purchase Real <br /> Estate pursuant to the terms and conditions of Paragraph 4 thereof. <br /> 3. That the Mayor is further hereby authorized and directed to <br /> execute and deliver the Offer to Buy Real Estate and Acceptance <br /> attached to the Option to Purchase Real Estate as Exhibit "A" on <br /> behalf of the City of Clive, Iowa, and the City Clerk is hereby <br /> authorized and directed to attest to his signature and affix the <br /> seal of the City of Clive, Iowa, to the same. <br /> 4. That the Mayor and City Clerk are further authorized and <br /> directed to take all such actions as may be necessary in order to <br /> pay all monies, receive title to said Real Estate and otherwise <br /> close this transaction pursuant to the terms and conditions of the <br /> • Offer to Buy Real Estate and Acceptance. <br /> PASSED AND APPROVED this , `9 L_ day of i 2 (� <br /> /1-- 1986. <br /> tO <br /> 0. G- e Macdox, Mayo <br /> ATTEST: <br /> 4Ao, 4.Yke <br /> Patrice Hoerster <br /> Acting City Clerk <br />