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APPROVAL OF LEASE-PURCHASE AGREEMENT - PARKING LOT <br /> KRAFT Stahl explained that this proposal is a Zriai x :w' <br /> Option Agreeimnt for a parcel 04 groun4 to&atee : <br /> adjacent to and south of the Spruce Street <br /> Building. The parcel of ground Owned by Fred • <br /> Kraft consists of approximately 1.3,S1 s.t and <br /> currently is the Site of several smown residentla: <br /> units. The recommendation of staff is to "lease' <br /> purchase" the property, remove the existing <br /> structures and utilize the area tor additional <br /> • <br /> downtown public parking. The parcel will <br /> accommodate approximately 41 additional harking;: <br /> spaces. The selling price of the parcel is • <br /> S1iU,000. The terms of the lease include' a.• <br /> $31,000 payment due December 19, 1911Bo ab: , ► <br /> payment die iS December of 1969, etc, '••,"'-•`4 <br /> subae o.t• annual, pmts .o: SLR s <br /> hats( ;arts is.citcu113 p t -l -• <br /> • t to on the pc opeety Zr s jet .tb t <br /> taking tiro necessary steps to "liver (hit • <br /> free of any encumbrances in exteting <br /> leaser. Demolition of the existing atructurela jc <br /> construction of a "gravel base" parking are$ ' ; <br /> (first phase immprovesu te) will be accomplished b} <br /> force account and involve a minimum of out of <br /> pocket expenses tor materials. <br /> Stahl stated that the City hopes to have <br /> possession of the property about the 9th of <br /> January and road base the lot In early Spring <br /> of 1969. <br /> Mohr moved and Mayor Fauson seconded to approve <br /> the Lease Option Agreement with Kraft. Motion <br /> passed •1.0. <br /> OTHER: <br /> INSTALLATION OF SPRINKLER SYSTEM MD SOO AT MUSEUM <br /> CITE Stahl informed Council that Community Services <br /> staff had installed a sprinkler system and sod At <br /> the museum Site on Main Street. Stahl stated, <br /> "This demonstrates what Larry's crew is capable o <br /> doing in-house. I think they did a real good <br /> job." <br /> CHAMBER REQUEST FOR STREET CLOSURES - OLDE FASHIONED CHRISTMAS <br /> CELEBRATION Stahl stated that Gene Caranci, Executive <br /> Director, Chamber of Commerce, submitted a request <br /> for street closures on Decemmper 9, 1968 for an <br /> "Olde Fashioned Christmas. " There will be a <br /> Parade of Lights beginning at Parkview and Main <br /> and ending at Main and South between b:00 and 9:0( <br /> p.m. <br /> y <br />