Subject: 19654/Purch.Prop/A&E Lsg/Traffic Control Date: Thu, 4 May 1989 09:49:00 -0500 RESOLUTION NO. 19654 A RESOLUTION AUTHORIZING THE ADMINISTRATOR OF THE DEPARTMENT OF PUBLIC WORKS TO PURCHASE THE PROPERTY AND BUILDING AT 1010 11TH STREET AND THE VACANT LOT AT THE CORNER OF FAIRVIEW AND 11TH STREET FROM A & E LEASING COMPANY FOR A CONSIDERATION OF TWO HUNDRED THIRTY THOUSAND AND NO/100 DOLLARS ($230,000.00), TO BE FUNDED FROM THE TRAFFIC SHOP REPLACEMENT BUILDING FUND IN THE 1992-93 CAPITAL BUDGET. ___________________________ BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CHATTANOOGA, TENNESSEE, That the Administrator of the Department of Public Works be and is hereby authorized to purchase the property and building (Tax Map No. 146I-B-001 and #146I-B-002) and the vacant lot at the corner of Fairview and 11th Street (Tax Map #146I-A-011) from A & E Leasing Company for $230,000.00, to be funded from the Traffic Shop Replacement Building Fund in the 1992-93 Capital Budget. ADOPTED: November 24, 1992 :cjc