Subject: 21061/Surplus-Sale/LkoutValleyIndPark(2Parcels) Date: Fri, 5 Apr 1991 11:30:00 -0500 RESOLUTION NO. 21061 A RESOLUTION DECLARING CERTAIN PROPERTY LOCATED AT THE LOOKOUT VALLEY INDUSTRIAL PARK, MORE PARTICULARLY SHOWN ON THE MAP ATTACHED HERETO, AS SURPLUS AND AUTHORIZING THE SALE OF APPROXIMATELY FOUR ACRES TO DENNIS ROACH FOR FIVE THOUSAND DOLLARS ($5,000.00) PER ACRE AND APPROXIMATELY NINE ACRES TO BOB HELLERSTEDT FOR ONE THOUSAND, FOUR HUNDRED DOLLARS ($1,400.00) PER ACRE. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CHATTANOOGA, TENNESSEE, That certain property located at the Lookout Valley Industrial Park, more particularly shown on the map attached hereto and incorporated herein by reference, be and is hereby declared surplus; and BE IT FURTHER RESOLVED, that there be and is hereby authorized the sale of approximately four acres of said surplus property to Dennis Roach for $5,000.00 per acre and approximately nine acres of said surplus property to Bob Hellerstedt for $1,400.00 per acre. ADOPTED: August 6, 1996 WSPjr:cjc