HomeMy WebLinkAboutCity Council Resolutions (R-13-3697)-12/17/2013 RESOLUTION R-13-3697
A RESOLUTION APPROVING CITY COUNCIL ACTION
REGARDING EXECUTIVE SESSION ITEMS AT THE REGULAR
CITY COUNCIL MEETING OF
DECEMBER 17, 2013
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 solicited sealed bids for the potential sale of a parcel of
land owned by the City of Colleyville, consisting of 2.5 acres,
located on Lot 13R, Block 8, of the Oak Crest Hills Addition, 313
Oak Valley Drive; and
WHEREAS, the minimum bid requirement was $834,000, an amount which
exceeds the City's appraised value for the parcel; and
WHEREAS, the City opened sealed bids on Monday, December 9, 2013, at
2:00 p.m. and the highest bid for the parcel was in the amount of
$836,460.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF COLLEYVILLE, TEXAS:
Sec. 1. THAT the above findings are found to be true and correct and are
incorporated herein by reference as if copied in their entirety.
Sec. 2. THAT the sale of the parcel on Lot 13R, Block 8, of the Oak Crest
Hills Addition, 313 Oak Valley Drive, in the amount of$836,460, to
Gary Panno Inc., is hereby approved.
Sec. 3. THAT the city manager is authorized to execute all associated
documents for the transaction.
AND IT IS SO RESOLVED.
Resolution R-13-3697
Page 2of2
APPROVED BY A VOTE OF 1 AYES, 0 NAYS AND D
ABSTENTIONS ON THIS THE 17TH DAY OF DECEMBER 2013.
TTEST: CITY OF COLLEYVILLE
S ► YI
Amy 0 elle TRMC Davi Kell
� , d Y
City Secretary Mayor