City of Monroe, LA

ORDINANCE

STATE OF LOUISIANA

CITY OF MONROE                                                                                                                   NO.  12,065     

The following Ordinance was introduced by Mrs.  Ezernack                                who moved for its adoption and was seconded by Mr.  Marshall                   :

AN ORDINANCE DECLARING CERTAIN IMMOVABLE PROPERTY IN MONROE BEARING MUNICIPAL ADDRESS 910 NORTH 9TH ST. AS NO LONGER BEING NEEDED FOR PUBLIC USE AND AUTHORIZING THE SAME TO BE SOLD TO WOLF DEVELOPMENT LLC, PURSUANT TO LOUISIANA REVISED STATUTE 33:4712, AND FURTHER PROVIDING WITH RESPECT THERETO                                                                                                                                     _                               

            WHEREAS, WOLF DEVELOPMENT LLC, represented herein by John A. Howell, Jr., Owner, would like to purchase a certain piece of immovable property bearing municipal address 910 North 9^th St., Monroe, LA, and more fully described in the attached copy of the proposed Cash Deed document, and

            WHEREAS, the proposed purchase price for 910 North 9^th St., Monroe, LA is $126,305.00.  This price consists of the fair market value of $125,000.00 plus the cost of the appraisal and filing fees in the amount of $1,305.00, the appraisal was prepared by Appraisal Consultants, LLC, dated 8/22/20, a copy of the Summary of Just compensation is attached hereto for review, and

            WHEREAS, the City of Monroe deems said proposal to be in the best interest of the City of Monroe.

            THEREFORE, BE IT ORDAINED by the City Council of the City of Monroe, Louisiana, in legal session convened, that the City Council does hereby declare that certain parcel of immovable property bearing municipal address 910 North 9^th St., Monroe, LA and more particularly described in the proposed sale document, a copy of which is attached hereto and made a part hereof, as being no longer needed for public use.

            BE IT FURTHER ORDAINED that Friday Ellis, Mayor, be and is hereby authorized and empowered, on behalf of the City of Monroe, Louisiana, to sell, for cash, to WOLF INVESTMENTS LLC, the above-mentioned immovable property bearing municipal address 910 North 9^th St., Monroe, LA under the terms, conditions and for the consideration set forth in the said sale documents attached hereto.

            BE IT FURTHER ORDAINED that Friday Ellis, Mayor, be and he is hereby authorized and empowered to execute the said sale documents for and on behalf of the City of Monroe, Louisiana.

            BE IT FURTHER ORDAINED that under the provisions of Louisiana Revised Statute 33:4712 that prior to the final adoption hereof, notice of this Ordinance shall be published in the official journal three (3) times within fifteen (15) days, one week apart and that any opposition hereto must be made in writing, filed with the Clerk of the Council within fifteen (15) days of the first publication.

            ORDINANCE INTRODUCED on the  11th       day of May 2021.

            NOTICE PUBLISHED on the  14^th, 21st & 28th     day of  May           , 2021.

            This Ordinance having been submitted in writing, introduced and published, was then submitted to a vote as a whole, the vote thereon being as follows:

AYES:             Harvey, Ezernack, Woods, Marshall & Dawson

NAYS:             None.

ABSENT:        None.

And the Ordinance was declared ADOPTED on the  8th     day of  June              , 2021.

Douglas Harvey                                                      

CHAIRMAN

Carolus S. Riley                                                                                       

CITY CLERK

Oliver Friday Ellis                                                                                    

MAYOR’S APPROVAL

MAYOR’S  VETO