HomeMy WebLinkAboutINTENT TO SELL - 04-00070 - Profit St & Dividend Dr - Rexburg Business Park - Final Plat (Dev. Workshop)DECLARATION OF INTENT TO SELL CITY OF REXBURG
BUSINESS PARK PROPERTY
Contract with the Development Workshop:
The proposed new Plat for the Rexburg Business Park allows for the conversion of three lots
into two lots and a road relocation. The size of the two lots is 2.79 acres. Council Member
Pugmire moved to establish the price of the land proposed for sale to the Development
Workshop, Inc. at $111,600. (The price for the land was established to cover the City's costs in
that portion of the Business Park. The Council determined that this sale was in the best
interest of the Community for the future growth of the Community). This offer is contingent
upon the Development Workshop's Board of Directors approval of the sales price. Council
Member Young seconded the motion; Discussion: Found in the minutes for City Council on
April 21, 2004. The motion was amended to limit the time period for this offer to three years,
if there is not substantial and recognizable progress in constructing a facility.
The motion carried.
NOTICE OF PUBLIC HEARING
NOTICE IS HEREBY GIVEN, that a Public Hearing will be held before the City Council of
the City of Rexburg, Idaho, Wednesday, June 02"d, 2004, at 7:35 p.m., in the City Council
Chambers of the City Building at 12 North Center, Rexburg, Idaho, regarding the sale of two lots
in the Rexburg Business Park to the Development Workshop, Inc.
The lots are number 10 and 11, in Block 4, of the Rexburg Business Park Phase II, in Rexburg,
Madison County, Idaho.
At such hearing the City Council will hear all persons and all objections and recommendations
relative to such proposed approval. The City Clerk will also accept written comments at City
Hall prior to 4:00 p.m. on June 01, 2004.
This notice is given pursuant to the provisions of Section 67-6509 and 67-6511 Idaho Code, and
all amendments thereof.
DATED this 06`h day of May, 2004.
(SEAL)
Published: May 15'h, 2004
May 296', 2004
CITY OF REXBURG
By—ftkA�J:�, t
Blair D. Kay, City Clerk