HomeMy WebLinkAboutO-1834ORDINANCE N O. 1834
BE IT ORD AINED BY THE GOVERNING BOD Y OF THE CITY OF
FAIRHOPE , ALABAMA , AS FOLLOWS:
SECTION 1. It is hereby es tablished and declared that the following described real
property of the City of Fairhope, Alabama , is not needed for publi c or municipal
purposes during the term of thi s lease, to-wit:
Approximately 16 ,300 square feet of floor space on the main floor thereof,
but excluding approximately 3,500 square feet of basement located at 106 S.
Church Street, Fairhope, Alabama 36532 .
FROM THE POINT OF COMM ENCEMENT AT THE SOUTHWEST
CORNER OF THE INTERSECTION OF SAINT JAMES A VENUE AND
SOUTH CHURCH STREET; RUN N 00 °09'15" W, ALONG THE WEST
RIGHT-OF-WAY LINE OF SOUTH CHURCH STREET ,± 205.2 FEET TO A
POINT , THENCE RUN WEST, LEAVING SAID RIGHT-OF-WAY,± 44.6
FEET TO THE POINT OF BEGINNING (POB); THENCE RUN WEST , ±168.0
FEET TO A POINT ; THENCE RUN SOUTH, ± 50 .0 FEET TO A POINT ;
THENCE RUN EA ST ,± 116.0 FEET TO A POINT ; THENCE RUN SOUTH,±
66.0 FEET TO A POINT ; THENCE RUN WEST, ± 116 .0 FEET TO A POINT ;
THENCE RUN SOUTH, ± 70 .0 FEET TO A POINT ; THENCE RUN EAST, ±
104.0 FEET TO A POINT ; THENCE RUN NORTH, ± 20.00 FEET TO A
POINT ; THENCE RUN EA ST , ± 64.0 FEET TO A POINT; THENCE RUN
NORTH ,± 166 .0 FEET TO THE POINT OF BEGINNING ; CONTAINING
0 .51 ACRES , MORE OR LESS, LYING IN GRANT SECT ION 37,
TOWNSHIP 6 SOUTH , RANGE 2 EAST, BALDWIN COUNTY, ALABAMA.
SECTION 2. The City of Fairhope, Alabama, having received an offer from Baldwin
County Community and Economic D eve lopment Foundation, Inc. to lease that real
property describ ed in Section 1, above, it is hereby declared to be in the best interest of
the public and the City of Fairhope, Alabama, to leas e said real property Baldwin
County Community and Economic Development Foundation, Inc. under the following
terms an d conditions, to-wit:
The le ased property to be used only for the purpo se of carrying on as
a Bu siness Incubator Hub operated by Baldwin County Community
and Economic De ve lopment Foundation, Inc . or other associated
purposes only, and for no other or purpo se without written consent of
the City of Fairhope , for the term of fifteen (15) years for the
minimum yearly rent of $1.0 0 paya bl e as specified in lease .
SECTION 3. Pursuant to th e authority granted by Section 11-47-21 of the Code of
A labama of 1975 , the Mayo r of the City of Fairhope," Alabama, is hereby directed to
execute said lease agreement in the name of the City of Fairhope, Alabama.
SECTION 4 . The sections, p aragraph s, sentences, clauses and phrases of this ordinance
are severable, and if any phrase , clau se , sent ence , paragraph or sec tion of this
ordinance shall be declared unconstitutional by a court of competent jurisdi ction, then
such ruling shall not affect any other paragraphs and sections, since the same would
have been enacted by the municipality council without the incorporation of any such
unconstitutional phrase, clause , sentence, paragraph or section.
Ordinance No. 1834
Page -2-
SECTION 5. This ordinance shall take effect immediately upon its due adoption and
publication as required by law .
ADOPTED THIS 12TH DAY OF MAY , 2025
ATTEST:
~~
City Clerk