HomeMy WebLinkAboutCity Council Resolutions (Resolution R-18-4330)-12/04/2018RESOLUTION R-18-4330
A RESOLUTION APPROVING COUNCIL ACTION
REGARDING EXECUTIVE SESSION ITEMS AT THE REGULAR
CITY COUNCIL MEETING OF DECEMBER 4, 2018
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.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF COLLEYVILLE, TEXAS:
Sec. 1. THAT the City Council hereby authorizes the City Manager, or his
designee, to register the City to participate as a bidder in the
online auction for the real property commonly known as 4719
Colleyville Boulevard, Colleyville, Texas ("Property"), ending
December 5, 2018, and approves the purchase of the Property for
a maximum purchase price not to exceed the funds currently
available to the City in the Tax Increment Financing District for
the acquisition of real property and/or the promotion of economic
development along the SH26 corridor ("TIF Fund").
Sec. 2. THAT the City Manager, or his designee, is authorized to pay from
the TIF Fund all necessary auction fees and closing costs, and to
execute all documents associated with the auction and acquisition
of the Property, subject to approval by the city attorney.
AND IT IS SO RESOLVED.
APPROVED BY A VOTE OF Z AYES, Q NAYS AND Q ABSTENTIONS ON THIS THE
4T" DAY OF DECEMBER 2018.
Mayor Richard Newton AYF-
Place 1, Tammy Nakamura Aye -
Place 4, George Dodson y_}yf-
Place 6, Callie Rigney Ay-�
ATTEST:,`G�'�
Christine Loven, TRMC
City Secretary
Mayor Pro Tern Bobby Lindamood A
yi-
Place 3, Kathy Wheat
Place 5, Chuck Kelley }�
(f Y OF COLLEYVILLE
Richard Newton
Mayor