HomeMy WebLinkAboutResolution No. 79-13 RESOLUTION 79-13
WHEREAS, the City Council of the City of The Colony has
determined that it is in the public interest of the City to
abandon certain streets located within the city limits, and
WHEREAS, such streets are owned in fee or used by ease-
ment, and International Business Machines Corporation is, or
will be at the time of such abandonment, the abutting owner of
such streets, and
WHEREAS, an Ordinance passed to effect conveyances, sale
or trade of such streets or rights-of-way will not be for less
than for the fair market value thereof, per an appraisal to be
obtained by the City;
NOW, THEREFORE, BE IT RESOLVED that the three (3) streets
described in a letter dated July 19, 1979 from Robert H. Thomas,
Trustee and Fox and Jacobs, Inc. be abandoned, to-wit:
1. Camey Road or Griffin Road, but only as it extends
easterly from the pipeline of the Lone Star Gas Company to the
Frisco Railroad right-of-way;
2. Fuqua Road, extending from Camey Road to Highway 121;
3. Fourth Army Memorial Road from the northeast corner of
the Bridges Survey, then southerly and easterly to its crossing
of the Frisco Railroad right-of-way.
BE IT FURTHER RESOLVED that the City of The Colony sell,
or exchange for other right-of-way, the right-of-way to such
roads to International Business Machines Corporation, the abut-
ting owner, in accordance with Article 5421c-12 of Vernon's
Annotated Texas Civil Statutes at their present fair market value
as determined by an appraisalt less partial credit for right-of-
way dedicated by IBM for the widening of Paige Road north of
Colony Boulevard, or other right-of'way needed by The Colony.
BE IT FURTHER RESOLVED that the City Attorney is hereby
requested to prepare an Ordinance to carry out the intent of
this Resolution, and to present the same to the City Council
when the necessary prerequisites have been accomplished.
DULY PASSED BY THE CITY COUNCIL OF THE CITY OF THE COLONY
ON THE 20TH DAY OF AUGUST, 1979.
APPROVED:
DULY RECORDED:
ity Secretary
/~OVED AS T~O LEGALITY OF THE FORM:
City Attorney ' "~ -
Page Two - Resolution