HomeMy WebLinkAboutCity Council Resolutions (RESOLUTION R-15-3901)-09/01/2015RESOLUTION R-15-3901
A RESOLUTION APPROVING THE ACQUISITION OF REAL PROPERTY,
LOT 16-1-1, VILLAGE AT COLLEYVILLE CONDOS LOCATED AT 89
VERANDA LANE, #110; LOT 25-1-1, VILLAGE AT COLLEYVILLE
CONDOS LOCATED AT 86 MAIN STREET; AND LOTS 15-1-1, 15-2-1,
15-3-1, AND 15-4-1, VILLAGE AT COLLEYVILLE CONDOS LOCATED AT
94 MAIN STREET
WHEREAS, the City hereby declares a public purpose in acquiring additional
real estate for public purposes; and
WHEREAS, the City has examined and explored the value of properties at 89
Veranda Lane, 86 Main Street, and 94 Main Street (hereinafter
the ��Properties"), and has determined that the fair market value
for those tracts is $305,729; and
WHEREAS, by the adoption of this Resolution, the City Council determines
that the proposed purchase price represents the fair market value
of the Properties; and
WHEREAS, the City hereby determines that the passage of this Resolution is
in the best interests of the health, s�fety, and welfare of the
public; and
WHEREAS, ail legal prerequisites for the approval of this Resolution have
been met, including but not limited to the Open Meetings Act.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF COLLEYVILLE, TEXAS:
Sec. 1. THAT all matters stated above are found to be true and correct
and are incorporated herein by reference as if copied in their
entirety.
Sec. 2. THAT the City Council hereby approves the purchase of the
Properties for a purchase price of $305,729, plus closing costs,
and authorizes the city manager to execute all associated
documents as approved by the city attorney. The City Council
declares its intent that the Properties will not be owned, held, or
claimed as a public square or park.
Resolution R-15-3901
Page 2 of 2
Sec. 3. THAT the sources of funding for the properties acquisition are
from the Tax Increment Financing District project plan category of
Village at Colieyville plaza.
AND IT IS SO RESOLVED.
APPROVED BY A VOTE OF � AYES, � NAYS, AND O ABSTENTIONS ON
THIS THE 1ST DAY OF SEPTEMBER 2015.
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Christine Loven
Assistant City Secretary
CITY OF COLLEYVILLE
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David Kell�- �� ��
Mayor