2024-0331
INTRODUCED BY: MATTHEW JEWELL, PARISH PRESIDENT
(DEPARTMENT OF LEGAL SERVICES)
ORDINANCE NO. ___________
Title
An ordinance to approve and authorize the Parish President to execute an Act of Sale from One Buck Store, LLC, for the purchase of property located at 15110 River Road in Hahnville, in the amount of $735,000.00.
Body
WHEREAS, St. Charles Parish desires to increase departmental housing in and around the St. Charles Parish Courthouse Complex area; and,
WHEREAS, the acquisition of the property at 15110 River Road in Hahnville will provide additional space for the housing of parish departments and other public uses; and,
WHEREAS, One Buck Store, LLC, the owner of the property, initially listed said property for sale at the price of $850,000.00; and,
WHEREAS, an appraisal dated and valued as of July 24, 2024, prepared by Mosaic Property Valuations, valued the property at $780,000.00; and,
WHEREAS, an appraisal dated and valued as of July 29, 2024, prepared by The Value Experts, valued the property at $650,000.00; and,
WHEREAS, after extensive negotiations, the parties have agreed on a purchase and sale price of $735,000.00; and,
WHEREAS, the Parish President has executed a Purchase Agreement regarding the purchase of this property for the sum of $735,000.00, conditioned upon approval of the St. Charles Parish Council.
THE ST. CHARLES PARISH COUNCIL HEREBY ORDAINS:
SECTION I. The St. Charles Parish Council hereby approves the attached agreement to Purchase and Sell Property which property is located at 15110 River Road in Hahnville, Louisiana, in the amount of $735,000.00.
SECTION II. That the Parish President is further hereby authorized to execute an Act of Sale and any and all documents deemed necessary to purchase 15110 River Road, Hahnville, Louisiana.
The foregoing ordinance having been submitted to a vote, the vote thereon was as follows:
And the ordinance was declared adopted this ...
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