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E'V E R E T T <br /> Project title: Purchase and Sale Agreement for purchase of property at 518 Madison <br /> City Council Agenda Item Cover Sheet <br /> Council Bill# Consideration: Purchase and Sale Agreement <br /> Project: Real Estate Purchase <br /> Agenda dates requested: Partner/Supplier : Jon R. Clark, Seller <br /> 2/5/2020 Location: 518 Madison Street <br /> Briefing <br /> Preceding action: None <br /> Proposed action <br /> Consent <br /> Fund: <br /> Action <br /> Ordinance <br /> Public hearing Fiscal summary statement: <br /> Yes X No The Snohomish County Council approved a grant on July 17, 2019 from the Snohomish <br /> County Conservation Futures Property Tax Fund to the City of Everett Parks Department <br /> Budget amendment: to acquire property to add to the existing Madison Morgan Park. <br /> Yes X No <br /> Project summary statement: <br /> PowerPoint presentation: <br /> Yes X No The planned use of the property at 518 Madison is to be incorporated into the existing <br /> Madison Morgan park for additional open space and trails. The closing date for the sale. <br /> Attachments: has been extended to July 1, 2020. The extended closing date is meant to provide the <br /> 1. Purchase and Sale seller's current tenants a reasonable amount of time to locate a residence and vacate <br /> Agreement the premises. <br /> 2. Aerial Photo of Park <br /> and 518 Madison <br /> Department(s)involved: <br /> Real Property <br /> Contact person: <br /> Darcie Byrd <br /> Phone number: <br /> 425-257-7294 <br /> Email: <br /> dbyrd@everettwa.gov <br /> Initialed by: <br /> Department head <br /> Recommendation (exact action requested of Council): <br /> Administrations Authorize the Mayor to execute Purchase and Sale Agreement for purchase of property <br /> : :...:............R........ at 518 Madison. <br /> Counci sident <br /> 19 <br />