HomeMy WebLinkAboutResolution No. 84-05 CITY OF THE COLONY
RESOLUTION NO.
A RESOLUTION REJECTING ALL BIDS RECEIVED ON A 13.606
ACRE TRACT OF LAND (SUBJECT PROPERTY) AND INSTRUCTING
THE CITY MANAGER TO PROCURE BIDS ON THE SUBJECT PROPERTY
AND TO OBTAIN THE HIGHEST AND BEST BID AVAILABLE AND
BRING SAID BIDS TO THE CITY COUNCIL WITH A WRITTEN RE-
COMMENDATION
WHEREAS, pursuant to and in accordance with Tex. Rev. Civ.
Stat. Ann. art. 5421c-12, the City Council advertised for and
solicited bids for the sale of Subject Property, all as fully
and completely described in the Notice; and
WHEREAS, 2:00 p.m. March 6, 1984, was the day and time
for bids to be received and no bids were received; and
WHEREAS, the City Council, again advertised for bids pursuant
to Tex. Rev. Civ. Stat. Ann. art 5421c-12; and
WHEREAS, two 2) bids were submitted and the City Admin-
istration and City Council have thoroughly reviewed both bids
and concluded that neither of the bids were satisfactory and
acceptable; one being below the market value and the other being
on terms rather than cash; and
WHEREAS, the City needs to sell and convey the Subject
Property for cash at the market value immediately in order to
allow the City to proceed to award a construction contract on
a muchly needed City facility; and
WHEREAS, there is no immediate or future need for Subject
Property; and
WHEREAS, the City Council does find that an urgent public
necessity exists necessitating the sale of Subject Property;
and
WHEREAS, the City Council finds that the City has substantially
complied with the letter, spirit and intent of Tex. Rev. Civ.
Stat. Ann. art. 5421c-12;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF THE COLONY:
Section 1: That all of the matters in the preamble are
found to be true and correct and are hereby incorporated into
the body of this resolution as if copied in their entirety.
Section 2: That both bids for Subject Property received
on the 19th day of March, 1984 are hereby rejected.
Section 3: That the City Manager is instructed and directed
to seek bids (offers) on the sale of Subject Property in accordance
with the following conditions:
A. All bids (offers) be in writing;
B. Bids be obtained from two (2) or more bidders, with
both previous bidders being given an opportunity to
submit bids;
C. All bids shall be reviewed and analyzed by a committee
consisting of the City Manager, Mayor and one appointed
Councilmember and the bids along with a written recom-
mendation shall be submitted for City Council review
at its meeting of April 2, 1984.
Section 4.: That this resolution shall take effect from
and after its passage.
APPROVED AND ACCEPTED this 28th day of March,1984.
ATTEST:
Jan~/Gadd, City Secretary
Cit~/of The Colony, Texas
APPROVED AS TO FORM:
Attorney for City of The Colony