HomeMy WebLinkAboutCity Council Resolutions (R-06-2650)-01/17/2006
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RESOLUTION R-06-2650
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF COLLEYVILLE, TEXAS, AUTHORIZING THE CITY
MANAGER TO EXECUTE A REAL ESTATE PURCHASE
AGREEMENT WITH DAVID STALEY D/B/A CAPITAL
CORP FOR PROPERTY LOCATED ALONG POOL ROAD;
AUTHORIZING THE CITY MANAGER TO PUBLISH
NOTICE OF A PROPOSED EXCHANGE OF REAL
PROPERTY; PROVIDING A SEVERABILITY CLAUSE
AND DECLARING AN EFFECTIVE DATE.
WHEREAS, the City hereby declares a public purpose in acquiring additional real
property for public purposes; and
WHEREAS, the property proposed for purchase, approximately 77,165 square feet of
property located along Pool Road currently owned by David Staley d/b/a/
Capital Corp (the "Property"), is adjacent to City-owned property; and
WHEREAS, the City determines that the proposed purchase price for the Property
($4.80 per square foot) represents the fair market value for the Property;
and
WHEREAS, the City is the owner of approximately 43,589 square feet of property
adjacent to the Property for which it seeks to exchange pursuant to
Chapter 272 of the Texas Local Government Code (the "City Property");
and
WHEREAS, this Resolution is being passed in full accordance with all requirements of
State law, including but not limited to the Open Meeting Act; and
WHEREAS, the City Council determines that the passage of this Resolution is in the
best interest of the public.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
COLLEYVILLE, TEXAS:
Sec. 1.
THAT all matters set forth herewith are found to be true and correct, are
incorporated herein by reference is if copied in their entirety, and are
adopted by the City.
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Sec. 2.
Sec. 3.
Sec. 4.
Sec. 5.
Resolution R-06-2650
Page 2 of 2
THAT the City hereby authorizes the City Manager to execute a Real
Estate Purchase Agreement with David Staley for the acquisition of the
Property in an amount not to exceed $375,000, in a form approved by the
City Attorney.
THAT the City hereby authorizes the City Manager to publish notice of a
proposed exchange of the City Property in accordance with Chapter 272
of the Local Government Code.
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.
THAT this Resolution shall be in full force and effect from and after the
date of its passage.
AND IT IS SO RESOLVED.
PASSED BY A VO~S' -LNAYS AND ~ABSTENTIONS ON THIS
THE Ij'Jl.rJA Y OF 2006.
CITY OF COLLEYVILLE
/6&
Cynthia Singleton, TRMC
City Secretary
David Kelly
Mayor