City of Annapolis - File #: O-48-15

• File #: O-48-15
• Version: 1
• Type: Ordinance
• Status: Adopted
• File created: 10/8/2015
• In control: City Council
• On agenda: 12/7/2015
• Final action: 12/7/2015
• Title: Agreement of Purchase and Sale - For the purpose of approving the purchase and sale of property located at 9 St. Mary's Street, Annapolis, Maryland 21401; and matters generally relating to said sale.
• Sponsors: Michael J. Pantelides
• Indexes: Economic Matters Committee, Finance Committee

Date	Ver.	Action By	Action	Result
12/7/2015	1	City Council	adopt on second reader	Pass
12/7/2015	1	City Council	adopt on third reader	Pass
12/1/2015	1	Finance Committee	recommend favorably	Pass
11/17/2015	1	Finance Committee	return without recommendation	Pass
11/16/2015	1	Economic Matters Committee	recommend favorably	Pass
11/3/2015	1	Finance Committee	reconsider	Pass
10/26/2015	1	City Council	declare the public hearing closed
10/12/2015	1	City Council	adopt on first reader	Pass
10/12/2015	1	City Council	refer
10/12/2015	1	City Council	refer

Title
Agreement of Purchase and Sale - For the purpose of approving the purchase and sale of property located at 9 St. Mary's Street, Annapolis, Maryland 21401; and matters generally relating to said sale.
Body

CITY COUNCIL OF THE
City of Annapolis

Ordinance 48-15

Introduced by: Mayor Pantelides

Referred to
Finance Committee
Economic Matters Committee


AN ORDINANCE concerning

Agreement of Purchase and Sale

FOR the purpose of approving the purchase and sale of property located at 9 St. Mary's Street, Annapolis, Maryland 21401; and matters generally relating to said sale.

WHEREAS, the City is the fee simple owner of an improved parcel of land located at 9 St. Mary's Street, Annapolis, Maryland 21401; and

WHERAS, the Buyer wishes to purchase the Property, as defined in the attached Agreement of Purchase and Sale, from the City, and the City wishes to sell the Property to the Buyer, upon the terms and conditions set forth in that Agreement; and

WHEREAS, the City Council voted to approve Business and Miscellaneous Items, ID-279-15 for the sale of the Property to Buyer at a City Council meeting held on July 27, 2015.

WHEREAS, Article III, Section 7 of the Charter of the City of Annapolis requires the passage of an ordinance to authorize the sale; and

NOW, THEREFORE,

SECTION I: BE IT ESTABLISHED AND ORDAINED BY THE ANNAPOLIS CITY COUNCIL that the Agreement of Purchase and Sale, a copy of which is attached hereto and made a part hereof, between O2/LAFAYETTE and the City of Annapolis for the sale of certain municipal property, is hereby approved and authorized.

SECTION II: AND BE IT FURTHER ESTABLISHED AND ORDAINED BY THE ANNAPOLIS CITY COUNCIL that in accordance with Article III, Section 7 of the Charter of the City of Annapolis, the City Council finds that the so sold City-owned property is no longer needed for public use.

SECTION III: AND BE IT FURTHER ESTABLISHED AND ORDAINED BY THE ANNAPO...