HomeMy WebLinkAboutResolution No. 2010-065CITY OF THE COLONY, TEXAS
RESOLUTION NO. 2010-065
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
THE COLONY, TEXAS, AUTHORIZING THE CITY TO
PURCHASE A HOME AND PROPERTY LOCATED AT 4664
FREEMAN DRIVE; AUTHORIZING THE CITY MANAGER TO
EXECUTE NECESSARY DOCUMENTS TO FACILITATE THE
TRANSACTION; PROVIDING AN EFFECTIVE DATE
WHEREAS, due to the impending widening of F.M. 423 (Main Street) by the
Texas Department of Transportation the connector loop roadway between Archer Drive
and Freeman Drive needs to be relocated fifty feet (50') west of its current location; and,
WHEREAS, said relocation of the Archer/Freeman loop roadway will require the
removal of a home located at 4664 Freeman Drive; and
WHEREAS, the City Council has determined it to be in the City's best interest to
authorize the purchase of said home and property so as to facilitate the relocation of the
Archer/Freeman loop; and,
WHEREAS, the City is to be reimbursed by Denton County for all expenses
related to these transactions in the amount of $199,175 (one hundred ninety nine
thousand, one hundred seventy five dollars).
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 purchase of the home and property located at 4664 Freeman Drive in the
amount of $199,175 (one hundred ninety nine thousand, one hundred seventy five
dollars),
Section 2. That the city manager is authorized to execute all documents
necessary to facilitate these transactions.
Section 3. 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 20th day of July, 2010.
G ~
e Mc ou Mayor
City of Th Colony, Texas
ATTEST:
Christie Wilson, TRMiC, City Secretary
APPROVED AS TO FORM:
Jeff Moose; City Attorney
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