LEGISLATIVE RESEARCH CENTER
File #: 18-418    Name:
Type: General Business Status: Passed
File created: 3/29/2018 In control: Broken Arrow City Council
On agenda: 4/3/2018 Final action: 4/3/2018
Title: Consideration, discussion, and possible approval of Resolution No. 1098, a Resolution of the Broken Arrow City Council approving and authorizing a contract for the purchase and sale of real property located at 11406 South 193rd East avenue, in Broken Arrow, Oklahoma, Tulsa County, Oklahoma; and authorizing the city of Broken Arrow's expenditure of the sum of three hundred and sixty-five thousand dollars and zero cents ($365,000.00) with general obligation bonds, to Storybook Properties, Inc., an Oklahoma corporation, to effect such purchase; as well as reasonable and necessary costs, including closing costs and escrow funds; designating representatives of the city of Broken Arrow, Oklahoma, for purposes of granting certain approvals and executing certain instruments as required under and in connection with said contract for sale of real estate; and containing other provisions relating thereto
Attachments: 1. RES 1098 2018 CONTRACT FOR SALE OF REAL ESTATE 11406 S 193rd E Ave Story..pdf, 2. 4-3-2018 Storybook BA Land Contract - Sanders
Broken Arrow City Council
Meeting of: 04-03-2018

To: Mayor and City Council
From: Department of Engineering & Construction
Title:
title
Consideration, discussion, and possible approval of Resolution No. 1098, a Resolution of the Broken Arrow City Council approving and authorizing a contract for the purchase and sale of real property located at 11406 South 193rd East avenue, in Broken Arrow, Oklahoma, Tulsa County, Oklahoma; and authorizing the city of Broken Arrow's expenditure of the sum of three hundred and sixty-five thousand dollars and zero cents ($365,000.00) with general obligation bonds, to Storybook Properties, Inc., an Oklahoma corporation, to effect such purchase; as well as reasonable and necessary costs, including closing costs and escrow funds; designating representatives of the city of Broken Arrow, Oklahoma, for purposes of granting certain approvals and executing certain instruments as required under and in connection with said contract for sale of real estate; and containing other provisions relating thereto
End
Background:
The City of Broken Arrow has a projected population of 112,000 persons, representing a 49.6% increase from 2000 and the City is projected to grow by 7.7% through 2020. The City of Broken Arrow Fire Department is an all hazards department responding to a variety of incidents including fire, emergency medical services, hazards material mitigation and other types of specialized rescue. City population will always have an impact on the value of calls and the type of calls a fire department responds to. From 2002 through the present time there has been an approximately 94.7% increase in call volume for fire, emergency medical services, hazards material mitigation and rescue services. It is projected that the Fire Department's anticipated run volume will increase 22% by the year 2018. The National Fire Protection Association (NFPA) has issued a response time stan...

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