City Hall Fayette, Alabama March2 25,2021 The City Council of the City of Fayette held a special meeting at 5:00 o'clock, p.m. on March 25, Upon roll call the following were found to be present: Mayor Rod Northam, Councilmembers Eddy Campbell, Tommy Williams and. Jerry Nichols. Also present were City Clerk Dawn Clapp and City Attorney Dale Lawrence. Councilmembers Virettial L. Whiteside and Aliska Hughes-Monroe were absent. Mayor Rod Northam announced a quorum was present and the meeting was open for the Mayor Northam announced that this was the day and time scheduled for the public hearing concerning the lease with option to purchase between the City and Onyx Digital Farms, LLC. No one 2021, in the Council Chambers oft the City Hall. transaction ofb business. PUBLICHEARING appeared tos speak for or against the City entering into this lease. ORDINANCE202-0 Mayor Northam presented Ordinance 2021-01 to the Council for their consideration. Ordinance AN ORDINANCE RELATING TO' THE LEASE. AND GRANTING OF AN OPTION TO PURCHASE OF CERTAIN PROPERTY OWNED BY THE CITY BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FAYETTE, Section 1: The City Council of the City of Fayette, Alabama (City), does hereby ascertain 1. That the City of Fayette, Alabama owns the property and the building situated thereon known as the old Oxford Industries building located on Ayers Road (5th Avenue NE), Fayette, Alabama 2021-01 isa as follows: ORDINANCENO.: 2021-01 OFFAYETTE, ALABAMA. ALABAMA, as follows: and declare the following facts are true: 35555. 2. That a company now seeks to lease the building and approximately 2.57 acres of land 3. That the property that the Company seeks to lease with an option to purchase is more Part oft the Southwest Quarter oft the Southwest Quarter of Section 5, Township 16 South, Range 12 West, Fayette County, Alabama and being more particularly describeda as BEGIN ata al 1i inch iron pipe at thel Northwest Corner of Lot 7of Wages Subdivision as recorded inl Deed Book 1,at Page 1761 int the Probate Office of Fayette County, Alabama; thence runi inal Northerly direction and along thel East right-of-way of5 5th Avenue NE (Ayers Street) forac distance of 88.08 feett toa! %i inch capped rebar (CA-965-LS); thence leaving said Easti right-of-way with ani interior anglet tot the left of 92 degrees, 43 minutes runi ina al Northeasterly direction and along an existing fence line for a distance of314.76 feet toa) %i inch capped rebar (CA-965-LS); thence with an interior angle tot the left of85 degrees, 25 minutes run ina a Southerly direction and along an existing fence line fora distance of9 90.791 feet to a' %i inch capped rebar (CA-965-LS) int the center ofa 501 foot vacated right-of-way; thence with ani interior angle tot the left of1 179 degrees, 43 minutes run ina a Southerly direction and along said fencel line for a distance of287.05 feett toa! % inch capped rebar int the center ofa25 foot vacated right-of-way; thence with ani interior anglet to the left of8 89 degrees, 51 minutes runi ina a Westerly direction and along the center of said vacated right-of-way for a distance of300.091 feet to aP.K. naili in asphalt ont the: aforementioned East right-of-way of5 5th Avenuel NE (Ayers Street); thence with an interior angle tot the left of92 degrees, 291 minutes runi inal Northerly direction and along said East right-of-way for a distance of2 262.60 feet tot the Point of Beginning, forming an interior closing angle of 179 degrees, 491 minutes. Said Parcel contains 2.57 acres, more upony whichi it desires tol locate its business. particularly described as follows viz: follows: or less. Section 2: The City Council of the City of Fayette, Alabama, does hereby affirm, ascertain and declare that the above-described lands are not needed for public or municipal purposes and that it will bei int the best interest oft the City ofl Fayette, Alabama, and its inhabitants that its interest ins such lands be Section 3: That the Mayor is hereby authorized to execute the lease with an option to purchase ofs said property and any other necessary documents to Onyx Digital Farms, LLC ori its assigns. Section 4: This Ordinance shall become effective from and after the date ofi its adoption. sold. ADOPTEDANDAPPROYED ont this the 25 ofN March, 2021. Mayor ATTEST: City Clerk Councilmember Williams moved the Council give unanimous consent to consider Ordinance 2021-01. Upon the motion being seconded by Councilmember Nichols, the same was unanimously Councilmember Nichols moved the Council adopt Ordinance 2021-01. Upon the motion being There being no further business to come before the Council, upon the motion to adjourn being made by Councilmember Nichols and seconded by Councilmember Williams, it was unanimously approved. approved. seconded by Councilmember Williams, the same was unanimously approved. ADJOURNMENT Mayor Attest: City Clerk