HomeMy WebLinkAboutCity Council Resolutions (R-22-4777)-10/03/2022RESOLUTION R-22-4777
A RESOLUTION OF THE CITY COUNCIL APPROVING A PURCHASE
AND SALE AGREEMENT FOR THE REAL PROPERTY AND EXISTING
BUILDINGS AND FACILITIES GENERALLY LOCATED AT 5008
ROBERTS ROAD, COLLEYVILLE, TEXAS, CONSISTING OF
APPROXIMATELY 14.957 +/- AREAS LOCATED IN THE GREEN W.
MINTER SURVEY, ABSTRACT NO. 1034, TRACT 8A, LOT 1R1, IN THE
METROPLEX COVENANT CHURCH ADDITION, AN ADDITION TO THE
CITY OF COLLEYVILLE, TARRANT COUNTY, TEXAS; AUTHORIZING
THE CITY MANAGER TO EXECUTE THE AGREEMENT SUBJECT TO
APPROVAL AND ISSUANCE OF CERTIFICATES OF OBLIGATION
NECESSARY TO FUND THE PURCHASE PRICE; AND PROVIDING AN
EFFECTIVE DATE
WHEREAS, the City Council has identified a need to obtain additional real
property and building facilities to provide for additional public
recreation facilities for the community; and
WHEREAS, the City Council finds that it is in the best interests of the public
to purchase the land and buildings addressed as 5008 Roberts
Road, Colleyville, Tarrant County, Texas, consisting of
approximately 14.957 +/- areas located in the Green W. Minter
Survey, Abstract No. 1034, Tract 8A, Lot IR1, in the Metroplex
Covenant Church Addition, an Addition to the City of Colleyville,
Tarrant County, Texas (the "Property") for the purpose of
providing additional public recreation facilities; and
WHEREAS, the City Council intends to issue certificates of obligation should
be issued under and pursuant to the provisions of Subchapter C
of Chapter 271, Texas Local Government Code, as amended, for
the purpose of funding the purchase price and contractual
obligations to be incurred in connection with the purchase and
development of the Property for the purposes stated above
("CO Funding").
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 (defined above) for a purchase price not -to -exceed
$8,500,000, plus all costs associated with closing, including
title, inspection, and other professional fees reasonably
necessary for closing.
Resolution R-22-4777
Page 2 of 2
Sec. 2. THAT the City Council hereby authorizes the City Manager, or
his designee, to negotiate and execute the purchase and sale
agreement for the purchase of the property, subject to approval
and issuance of the CO Funding.
Sec.3. THAT this Resolution shall take effect immediately upon
passage.
AND IT IS SO RESOLVED.
APPROVED BY A VOTE OF 7 AYES, 0 NAYS, ON THIS THE 3RD DAY OF
OCTOBER 2022.
Mayor Bobby Lindamood Aye Mayor Pro Tern Kathy Wheat Aye
Brandi Elder, Place 1 Aye George Bond, Place 2 Aye
George Dodson, Place 4 Aye Chuck Kelley, Place 5 Aye
Callie Rigney, Place 6 Aye
ATTEST:
Christine Loven, TRMC
City Secretary
CITY OF COLLEYVILLE
Bobby Li amood
Mayor
EXHIBIT "A"
LEGAL DESCRIPTION OF THE PROPERTY
BEING all that certain lot, tract, or parcel of land situated in the G. W. Minter Survey
Abstract Number 1034 in the City of Colleyville, Tarrant County, Texas, being a part
of Lot 1R of Metroplex Covenant Church Addition, an addition to the City of
Colleyville, Tarrant County, Texas according to the plat thereof recorded in Cabinet
A, Slide 92, Plat Records, Tarrant County, Texas, and being all that certain Tract I"
and "Tract II" of land conveyed by deed from Churches in Covenant International to
Covenant Church recorded under Document Number D210010222, Deed Records,
Tarrant County, Texas and being more particularly described as follows:
BEGINNING at a capped iron rod marked Pogue found for corner in the south line
of Lot 23, Block 3 of Fox Meadows Addition, an addition to the City of Colleyville,
Tarrant County, Texas according to the plat thereof recorded in Volume 388-202,
Slide 37, Plat Records, Tarrant County, Texas, said point being the northeast corner
of Lot 20 in said Block 3 of said Fox Meadows Addition;
THENCE N 890 00' 30" E, 636.14 feet with the south line of Lots 23 through 30 in
said Block 3 of said Fox Meadows Addition to an iron rod found for corner in the west
line of Roberts Road, a public roadway;
THENCE S 380 01' 36" E, 248.82 feet with said west line of said Roberts Road to an
"X" in concrete for corner;
THENCE along the arc of a curve to the right having a central angle of 370 09' 17",
a radius of 170.00 feet, an arc length of 110.24, whose chord bears S 191 26' 57" E,
108.32 feet with said west line of said Roberts Road to an iron rod found for corner;
THENCE S 000 52' 10" E, 412.53 feet with said west line of said Roberts Road to an
iron rod found for corner;
THENCE S 000 38' 19" E, 619.48 feet with said west line of said Roberts Road to a
capped iron rod marked RPLS 4561 set for corner in the north line of Glade Road, a
public roadway;
THENCE S 890 13' 41" W, 353.95 feet with said north line of said Glade Road to a
capped iron rod marked RPLS 4561 set for corner;
THENCE along the arc of a curve to the right having a central angle of 130 02' 42",
a radius of 106.00 feet, an arc length of 24.13, whose chord bears N 821 46' 26" W,
24.08 feet with said north line of said Glade Road to a capped iron rod marked RPLS
4561 set for corner;
THENCE along the arc of a curve to the left having a central angle of 130 55' 13", a
radius of 106.00 feet, an arc length of 25.75, whose chord bears N 820 25' 05" W,
25.69 feet with said north line of said Glade Road to a capped iron rod marked RPLS
4561 set for corner in the east line of Lot 20, Block 1 of Heritage Glen, an addition to
the City of Colleyville, Tarrant County, Texas according to the plat thereof recorded
in Cabinet B, Slide 2342, Plat Records, Tarrant County, Texas;
THENCE N 000 47' 05" W, 1030.29 feet with the east line of said Block 1 of said
Heritage Glen to a capped iron rod marked RPLS 4561 set for corner, said point
being the northeast corner of Lot 12 in said Block 1 of said Heritage Glen;
THENCE S 890 15' 01" W, 417.00 feet with the north line of Lots 12, 11 and 10 in
said Block 1 of said Heritage Glen to a capped iron rod marked RPLS 4561 set for
corner in the east line of Lot 18 in said Block 3 of said Fox Meadows Addition;
THENCE N 000 49' 22" W, 292.70 feet with the east line of Lots 18, 19 and 20 in
said Block 3 of said Fox Meadows Addition to the PLACE OF BEGINNING and
containing 14.645 acres or 637,936 square feet of land.