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HomeMy WebLinkAboutCity Council Resolutions (Resolution R-21-4582)-02/02/2021RESOLUTION R-21-4582 A RESOLUTION APPROVING COUNCIL ACTION REGARDING EXECUTIVE SESSION ITEMS AT THE REGULAR CITY COUNCIL MEETING OF FEBRUARY 2, 2021 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; and WHEREAS, the City Council finds that it is in the best interests of the public to acquire the 57,873 square feet of real property described as Lot 1, Block 3, Town Center Colleyville, Phase I (herein the "Property"), and has determined that the fair market value for the Property is $10,894. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF COLLEYVILLE, TEXAS: Sec. 1 THAT the City Council hereby approves the purchase of the Property for a purchase price not -to -exceed $10,894.00, plus all costs associated with closing, including title, inspection, and other professional fees reasonably necessary for closing. Sec. 2. THAT the source of funding for the acquisition of the foregoing Property will be from the TIF; and the city manager, or his designee, is hereby authorized to negotiate and execute all contracts and other documents associated with the acquisition of the Property, subject to review by the city attorney. AND IT IS SO RESOLVED. APPROVED BY A VOTE OF 7 AYES, 0 NAYS ON THIS THE 2"D DAY OF FEBRUARY 2021. Mayor Richard Newton Aye Mayor Pro Tern Bobby Lindamood Aye Place 1, Tammy Nakamura Aye Place 3, Kathy Wheat Aye Place 4, George Dodson Aye Place 5, Chuck Kelley Aye Place 6, Callie Rigney Aye ATTEST: ' Christine Loven, TRMC City Secretary IY OF COLLEYVILLE i Richard Newton Mayor