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A resolution of the Salt Lake county council declaring surplus real property and approving the conveyance of the same by quit-claim deed to Equiwest, a Nevada corporation.
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Description: Salt Lake County owns a parcel of real property, Parcel No. 15-16-427-002, located at approximately 2013 West 1700 South, Salt Lake City, Utah, which was struck off to the County after the tax sale in 1988. Equiwest, a Nevada corporation, owns a parcel of land adjacent to a portion of the Property. Buyer has offered to purchase from the County the portion of the Property immediately adjacent to its property for its appraised value, and has paid a fee of $100, which amount shall be credited towards the purchase prices of the Parcel. This offer is in the form of a Tax Sale Property Purchase Agreement attached hereto as Exhibit A. The County has determined that the Parcel is not currently in public use and that the Property has an appraised value of $7,000.00. Proceeds from the sale of the Parcel will be distributed in accordance with Section 59-2-1351.5 of the Utah Code. The best interest of the County and the general public will be served by the sale and conveyance of the Parcel to Buyer for its fair market value. The sale and conveyance will be in compliance with all applicable state statutes and county ordinances.
Requested Action: Consent
Presenter(s): Derrick Sorensen
Time Needed: Consent
Time Sensitive: No
Specific Time(s): No
Requesting Staff Member: Ina Landry, Administrative Services Dept. Assistant
Will You be Providing a PowerPoint: No
Please attach the supporting documentation you plan to provide for the packets. Agenda items must be approved by Wednesday at 11:00 am. While not ideal, if PowerPoint presentations are not yet ready, you can submit them by 10 am the Friday morning prior to the COW meeting. Items without documentation may be withheld from consideration for that COW meeting.