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File #: 2025-388   
Type: New Business for Consideration or Action Status: Agenda Ready
File created: 4/28/2025 In control: City Council Regular Meeting
On agenda: 5/8/2025 Final action:
Title: Resolution authorizing the Mayor to enter into an Option to Purchase Real Estate Agreement among the City of Huntsville and Joni D. Swaim, Jeri S. Kirkpatrick and Johnnie M. Swaim, for property located along Bob Wade Lane. Resolution No.
Sponsors: Urban Development
Attachments: 1. Swaim Purchase Option Complete.pdf
Date Action ByActionResultAction DetailsMeeting DetailsVideo
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Department:  Urban Development

Subject:                                                                                                                                                Type of Action:   Approval/Action                 

title
Resolution authorizing the Mayor to enter into an Option to Purchase Real Estate Agreement among the City of Huntsville and Joni D. Swaim, Jeri S. Kirkpatrick and Johnnie M. Swaim, for property located along Bob Wade Lane.

 

Resolution No. 

 

 

 

 

 

 

body

Finance Information:

 

Account Number: TBD

City Cost Amount: $20,000 Option Money

Total Cost: $20,000 Option Money

Special Circumstances:

 

Grant Funded: NA

Grant Title - CFDA or granting Agency: NA

Resolution #: NA

 

Location: (list below)

 

Address:  Speedway at Bob Wade Lane

District:  District 1      District 2       District 3       District 4      District 5 

 

Additional Comments:  

 

$20,000.00 option money

$3,268,200.00 purchase price