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NOTICE OF PUBLIC HEARING ON PR...

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Notice of Public Hearing on Proposal to Convey Real Estate TO WHOM IT MAY CONCERN: YOU ARE HEREBY NOTIFIED that the City Council of the City of Centerville, Iowa will consider a resolution to transfer and convey certain real estate owned by the City of Centerville, Iowa locally known as being located at North 13th Street and Washington Street, legally described as (the "Property"): Lots 1 and 4 in Block 4, Range 4 in the Original Town of Centerville, Appanoose County, Iowa; and Lots 3 and 4 in Block 4, Range 5, Original Town of Centerville, Appanoose County, Iowa. for the sum of $150,000.00 and other valuable consideration to MV Residential Land LLC in order for Buyer to construct a new residential facility on the Property (the "Project") pursuant to the terms of that certain Purchase and Sale Agreement dated December 5, 2014 at a meeting to be held on January 19th, 2015 commencing at 5:30 o’clock p.m. in the Council chambers at City Hall, 312 E. Maple St., Centerville, Iowa. The Property appraised at $200,000.00; however, the City will receive a $50,000.00 tax credit towards the tax abatement for the Project upon the sale of the Property; therefore, the Property is being sold at fair market value; Persons desiring to object to said proposal may appear at said time and place set for hearing or may file written objections with the City Clerk prior thereto. Published by order of the City Council of the City of Centerville, Iowa. CITY OF CENTERVILLE, IOWA By: Patrick Antonen, City Clerk Runs 1x January 14th, 2015

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