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91-33 COHEN PROPERTY PURCHASE CONTIGUOUS WITH SPARGUR LOOP ROAD ENDRESOLUTION NO. 91- 33 A RESOLUTION of the City of Winslow, Washington, authorizing the Mayor to execute escrow instructions and any other documents necessary to close the City's purchase of the Cohen property contiguous to the Spargur Loop Road End; and authorizing the Mayor to execute a Quit Claim Deed and any other necessary documents to transfer the City's interest in the Spargur Loop Road End to the Seattle Yacht Club. WHEREAS, pursuant to Resolution Nos. 91-28, 91-29 and 91-30, all adopted on November 21, 1991, and Ordinance No. 91- 4__2, passed on December 19, 1991, the City provided for (1) the purchase of the Cohen lot as described therein for use as a passive park, (2) the vacation of the Spargur Loop Road End as described therein, (3) the payment by the Seattle Yacht Club of $137,752.00 toward the purchase of the Cohen lot, and (4) the transfer of the City's interest in the Spargur Loop Road End to the Seattle Yacht Club; now, therefore, THE CITY COUNCIL OF THE CITY OF WINSLOW, RESOLVE AS FOLLOWS: WASHINGTON, DOES Section 1. The Mayor is authorized to execute escrow instructions relating to the purchase of the Cohen lot substantially in the form of the attached escrow instructions, together with any other documents necessary to close the City's purchase of the Cohen lot. Section 2. The Mayor is authorized to execute the attached Quit Claim Deed, together with any other documents necessary to transfer to the Seattle Yacht Club the City's interest in the Spargur Loop Road End. Section 3. The Mayor is authorized to execute to the Purchase and Sale Agreement Resolution No. 91-29 substantially in the form of addendum. an addendum approved by the attached PASSED by the City Council this 19th 1991. day of December, APPROVED by the Mayor this 19th day of December, 1991. JFS/[o/cab/3276f 12/17/91 - 1 - ATTEST/AUTHENTICATE: Ralph Eells, City Clerk FILED WITH THE CITY CLERK: December 17, 1991 PASSED BY THE CITY COUNCIL: December 19, 1991 RESOLUTION NO.: 91-33 12/17/91 - 2 -