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Purchase of Bent Pine Lots <br />January 22, 2016 <br />Page 2 <br />According to the subdivision by-laws, the sale of real property owned by Bent Pine must be approved <br />by its members at their annual membership meeting coming up in March 2016. Should the Board of <br />County Commissioners approve the purchase agreement, the matter will be placed on the agenda <br />for the Bent Pine owner's annual meeting. Pending approval by Bent Pine, the transaction would <br />close in April. <br />Funding. Funding for this expenditure is available from Optional Sales Tax/Misc ROW — 31521441- <br />066120 <br />Recommendation. Staff recommends the Board approve the Agreement to Purchase and Sell Real <br />Estate with Bent Pine for the lots at a price of $51,000 and authorize the Chairman to execute the <br />Agreement on behalf of the Board <br />Attachments- Aerial photo <br />Agreement to Purchase and Sell Real Estate <br />Copies to: Chris Mora, Public Works Director <br />Brad Rossway, Esq. <br />