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HomeMy WebLinkAboutCity Council Resolutions (R-11-3357)-05/06/2011RESOLUTION R-11-3357 A RESOLUTION AUTHORIZING THE EXPENDITURE OF $290,000 PLUS ASSOCIATED CLOSING COSTS FROM THE COLLEYVILLE TOMORROW FUND FOR THE ACQUISITION OF THE BIDAULT HOUSE PROPERTY LOCATED AT 1416 GLADE ROAD WHEREAS, on April 19, 2011, the City Council approved Resolution R-11-3350 providing for the purchase of the Bidault House property located at 1416 Glade Road, in the amount of $290,000 plus associated closing costs; and WHEREAS, the funding source for the property acquisition will be the Colleyville Tomorrow Fund, as that fund was established for the funding of projects, facilities and improvements. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF COLLEYVILLE, TEXAS: Sec. 1. THAT funding, in the amount of $290,000 plus associated closing costs, is authorized to be expended from the Colleyville Tomorrow Fund for the acquisition of the Bidault House property located at 1416 Glade Road. AND IT IS SO RESOLVED. APPROVED BY A VOTE OF __~~~- AYES, ~ NAYS AND O ABSTENTIONS ON THIS THE ~~ DAY OF 2011. ATTEST• ~~ ~~ C thia Singleton, TRMC, CMC City Secretary CITY OF COLLEYVIL~E ~--~c ~~ David Kelly Mayor