HomeMy WebLinkAboutCity Council Resolutions (R-26-5157)-06/16/2026RESOLUTION R-26-5157
A RESOLUTION APPROVING A THIRD AMENDMENT TO THE
AGREEMENT OF SALE AND PURCHASE WITH CDC EQUITIES, LLC
WHEREAS, the City of Colleyville owns 3.81 acres of property at 7015
Colleyville Boulevard; and
WHEREAS, The City of Colleyville entered into an agreement of Sale and
Purchase with CDC Equities, LLC, on October 23, 2025, and a
First Amendment to the Agreement on January 8, 2026, and a
Second Amendment on May 22, 2026; and
WHEREAS, the City of Colleyville as Seller, and CDC Equities, LLC, as
Purchaser, desire to enter into a Third Amendment to the
Agreement of Sale and Purchase.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF COLLEYVILLE, TEXAS:
Sec. 1. THAT the City Council approves the Third Amendment to the
Purchase Sale Agreement with CDC Equities, LLC, for the
purchase of the City -owned 3.81 acres at 7015 Colleyville
Boulevard and authorizes the City Manager to execute the
Agreement.
AND IT IS SO RESOLVED.
APPROVED BY A VOTE OF 6 AYES, AND 0 NAYS, ON THIS THE 16TH DAY OF
JUNE 2026.
Mayor Bobby Lindamood Aye Mark Alphonso, Place 2 Aye
Mayor Pro Tern Brandi Elder Aye Ben Graves, Place 4 Aye
Deputy Mayor Pro Tern Scotty Richardson Aye Tim Raine, Place 6 Absent
Kimberly Holt Gunderson, Place 5 Aye
ATTEST:
Christine Loven, TRMC
City Secretary
Mayor
LEYVILLE
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