HomeMy WebLinkAboutCity Council Resolutions (RESOLUTION R-17-4098)-03/07/2017 RESOLUTION R-17-4098
A RESOLUTION APPROVING COUNCIL ACTION
REGARDING EXECUTIVE SESSION ITEMS AT THE REGULAR
CITY COUNCIL MEETING OF
MARCH 7, 2017
WHEREAS, following discussion in Executive Session, and in full
accordance with the requirements of the Open Meetings Act,
the City Council determines that the following action is in the
best interests of the health, safety and welfare of the public.
WHEREAS, the City Council previously approved Resolution R-15-3901
on September 1, 2015, approving the acquisition of real
property for public purposes; and
WHEREAS, the City hereby declares a public purpose in acquiring
additional real property for public purposes; and
WHEREAS, the City has examined and explored the value of properties
on 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 (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 amending and restating R-
15-3901, the City Council reaffirms 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, safety, and
welfare of the public; and
WHEREAS, all 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:
Resolution R-17-4098
Page 2 of 2
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.
Sec. 3. THAT the sources of funding for the acquisition of the Properties
will be from the Tax Increment Financing District project plan
category of Village at Colleyville plaza and/or Parkland Dedication.
Sec. 4. THAT the Mayor is authorized to negotiate and execute a tree
mitigation agreement with the Fort Worth Transportation
Authority for required mitigation along the TexRail right-of-way
within the territorial limits City of Colleyville.
AND IT IS SO RESOLVED.
APPROVED BY A VOTE OF 6 AYES, 0 NAYS, AND 0 ABSTENTIONS ON
THIS THE 7TH DAY OF MARCH 2017.
Mayor Richard Newton {ms s. Mayor Pro Tern Chris Putnam 405e.,..t
Place 1, Tammy Nakamura ` l Place 5, Nancy Coplen
Place 2, Bobby Lindamood N,` Place 6, Mike Taylor
Place 4, Jody Short .
= `:ATTEST: CITY OF COLLEYVILLE
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Amy helle , RMC Richard Newton
City Secretary Mayor