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HomeMy WebLinkAboutCity Council Resolutions (R-05-2586)-09/06/2005 If RESOLUTION R-05-2586 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COLLEYVILLE, TEXAS, AUTHORIZING THE MAYOR TO EXECUTE A REAL ESTATE COMMERCIAL CONTRACT FOR THE PURCHASE OF PROPERTY KNOWN AS 5114 POOL ROAD; PROVIDING A SEVERABILITY CLAUSE AND DECLARING AN EFFECTIVE DATE WHEREAS, the City hereby declares a public purpose in acquiring additional real estate for public purposes, including but not limited to, parks and recreation and senior citizen center uses; and WHEREAS, the City has examined and explored the value of the property at 5114 Pool Road (hereinafter the "Property"), and has determined that the fair market value for that tract is $370,000; and WHEREAS, by the adoption of this Resolution, the City Council determines that the proposed purchase price represents the fair market value of the Property; and WHEREAS, the City hereby determines that the passage of this Resolution is in the best interests of the health, safety, and welfare of the public. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF COLLEYVILLE, TEXAS: Sec. 1. THAT the recitals set forth hereinabove are found to be true and correct and are incorporated herein by reference and adopted by the City. Sec. 2. THAT the City hereby authorizes the Mayor to execute a Commercial Contract for the purchase of the Property for a purchase price not to exceed $370,000, in a form approved by the City Attorney. Sec. 3 THAT it is hereby declared to be the intention of the City, that sections, paragraphs, clauses, and phrases of this Resolution are severable, and if any phrase, clause, sentence or section of this Resolution shall be declared unconstitutional or illegal by the valid judgment or decree of any court of competent jurisdiction, such unconstitutionality or illegality shall not affect any of the remaining phrases, clauses, sentences, paragraphs or sections of this Resolution since the same would have been enacted by the City without the incorporation in this Resolution of any such unconstitutional or illegal phrase, clause, sentence, paragraph or section. Sec. 4 THAT this Resolution shall be in full force and effect from and after the date of its passage. AND IT IS SO RESOLVED. APPROVED BY A VOTE OF 5 AYES ABSTENTIONS ON THIS THE P ~ DAY OF ~~~~ o OF COLLEYVILLE Cynthia Singleton City Secretary, TRMC Jb~YJ David Kelly I Mayor