HomeMy WebLinkAboutCity Council Resolutions (R-00-1705)-08/15/2000
RESOLUTION R-00-1705
A RESOLUTION AUTHORIZING THE PURCHASE OF PROPERTY AT 5100
COLLEYVILLE BOULEVARD
WHEREAS, the City Council has determined that the purchase of the property located
at 5100 Colleyville Boulevard is required for the realignment of Pleasant
Run Road; and
WHEREAS, the property owners have agreed to sell the property for $129,800; and
WHEREAS, the existing tenant of the property has agreed to forego his option for
leasing the property for an additional two years in return for a rent free
lease until December 31,2000; and
WHEREAS, the City Council has determined that these terms are reasonable and in
the best interests of the City of Colleyville.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
COLLEYVILLE, TEXAS:
Sec. 1.
THAT the Colleyville City Council approves the purchase price and lease
terms.
Sec. 2.
THAT the Mayor or City Manager is authorized to execute the necessary
documents.
AND IT IS SO RESOLVED.
Passe~ by a vote Of~ ayes,
15"h.. day of II e; f
o nays, and 0 abstentions on this the
,2000
ATTEST:
CITY OF COLLEYVILLE
Jj~
J an Harris, TRMC, CMC
City Secretary