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Council authorizes purchase of 1771 Columbia Boulevard for police station
Summary
Council approved Resolution 2088 authorizing the interim city administrator to complete purchase of property at 1771 Columbia Boulevard for use as a police station; staff said the estate set a tentative closing and the city budgeted for the $1.25 million note and estimated closing costs.
The city council approved a resolution July 21 authorizing the interim city administrator to complete a purchase and sign documents for 1771 Columbia Boulevard, a property identified for the police station.
Staff told the council the owner of the property passed away, triggering a clause in the lease that required the city to pay the outstanding note within 180 days. Staff reported the outstanding note is $1,250,000 and provided an estimated closing statement with total estimated closing costs of $1,256,433.12. Staff said the city had budgeted for this expense and that the title company and estate had tentatively set closing for the upcoming Monday. A motion to approve Resolution 2088 and authorize the interim city administrator to execute necessary documents passed unanimously.
