HomeMy WebLinkAboutCity Council Resolutions (R-13-3614)-04/02/2013 RESOLUTION R-13-3614
A RESOLUTION RE-AUTHORIZING THE CONVEYANCE OF LOT 42 IN
THE VILLAGE AT COLLEYVILLE AND AUTHORIZE THE MAYOR TO
EXECUTE THE TRANSACTION
WHEREAS, City Council approved Resolution R-00-1745 on December 19,
2000, authorizing the exchange of City owned land Lot 42,
Village at Colleyville for Lot 14, Village at Colleyville, owned by
Village Monticello Partners LTD ("VMP"); and
WHEREAS, VMP, or its successors, have had equitable use of Lot 42 since
at least January 23, 2001; and
WHEREAS, VMP failed to properly record the Deed for the conveyance of
Lot 42; and
WHEREAS, South Quorum Acquisitions, LLC ("SQA") is the successor in
interest to VMP as to Lot 42; and
WHEREAS, SQA has asked the City to reaffirm the conveyance of Lot 42.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF COLLEYVILLE, TEXAS:
Sec. 1. THAT the Mayor is authorized to sign a Quitclaim Deed for Lot 42
subject to and conditioned upon all property taxes for the 2001
tax year and all previous and subsequent years on the property
being paid, including all rollback taxes for Lot 42, as if Lot 42
had been held by VMP or its successor from the 2001 tax year.
Sec. 2. THAT this Resolution shall be effective upon adoption.
AND IT IS SO RESOLVED.
PASSED BY A VOTE OF 7 AYES, 0 NAYS, AND 0
ABSTENTIONS ON THIS THE 2ND DAY OF APRIL 2013.
TTEST: CITY OF COLLEYVILLE
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to III OIL
Amy • elley David Kelly
City Secretary Mayor