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HomeMy WebLinkAboutResolution No. 2012-060 CITY OF THE COLONY, TEXAS RESOLUTION NO. 2012- L A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF THE COLONY, TEXAS, AUTHORIZING THE MAYOR TO EXECUTE A REAL ESTATE SALES CONTRACT BY AND BETWEEN THE CITY OF THE COLONY AND DENTON COUNTY FOR THE PURCHASE OF 5.801 ACRES OF PROPERTY LOCATED AT 6301 MAIN STREET AND 6303 MAIN STREET, THE COLONY, TEXAS, THE LOCATION OF THE DENTON COUNTY GOVERNMENT CENTER; PROVIDING AN EFFECTIVE DATE WHEREAS, The Colony City Council desires to enter into a Real Estate Sales Contract with Denton County for the purpose of the City purchasing 5.801 acres of property, located at 6301 Main Street and 6303 Main Street, The Colony, Texas; and, WHEREAS, the City Council has determined it to be in the City's best interest to enter into such sales contract, including a lease back provision for 6301 Main Street not to exceed three (3) years. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF THE COLONY, TEXAS. Section 1. That the City Council of the City of The Colony, Texas hereby authorizes the Mayor to execute a Real Estate Sales Contract with Denton County for the purpose of the City purchasing 5.801 acres of property (current location of the Denton County Government Center), located at 6301 and 6303 Main Street, The Colony, Texas, a copy of which is attached as Exhibit A, under the terms as specified therein. Section 2. That this resolution shall take effect immediately from and after its passage. PASSED AND APPROVED by the City Council of the City of The Colony, Texas, this 17t" day of July, 2012. J e McCour , Mayor City of The Colony Texas ATTEST: /7 Christie Wilson, TRMC, City cretary ~,rrcar~, ; APPROVED AS TO FORM: Jeff Moore, C ty Attorney 1 ~,l Ali