HomeMy WebLinkAboutPR 15868: PURCHASE OF LAND - ROSEMONT ADDITIONINTEROFFICE MEMORANDUM
HOUSING AND NEIGHBORHOOD REVITALIZATION
T~~: Sfeve Fitzgibbons, City Manager
From: Mike Mason, Director of Housing & Neighborhood Revitalization
Date: May 25, 2010
Re: P. R. 15868
RECOMMENDATION:
I recommend City Council adopt Proposed Resolution 15868 so that the City Manager and the City Attorney are
hE~rein authorized to take such necessary steps as to purchase the property described as Tract 5-A-1, 5-A- 2, and
5-A-3, 0.4831 acre of land, Replat of Tract 5-A, Block 10, Rosemont Addition, City of Port Arthur (3410 42nd
Street, 3420 42~d Street and 3430 42~d Street).
BACKGROUND:
According to the procedures of this project, the City of Port Arthur Housing & Neighborhood Revitalization
Department intends to purchase the above described property, contingent upon satisfactory completion of the
survey, title search, environmental assessment, HUD's approval, Board approval and City Council approval and
other completed inspections.
BUDGETARYIFISCAL EFFECT:
Funding will be provided by the Housing Programs HOME: Account 108-2141-626.89-00 Project HE0504.
STAFFINGIEMPLOYEE EFFECT:
Housing Administration staff will be responsible for submitting request for payment.
SUMMARY:
I recommend City Council adopt Proposed Resolution 15868 so That the City Manager and the City Attorney are
hE~rein authorized to take such necessary steps as to purchase the property described as Tracts 5-A-1, S-A- 2,
ar~d 5-A-3, 0.4831 acre of land, Replat of Tract 5-A, Block 10, Rosemont Addition, City of Port Arthur (3410 42nd
Si;reet, 3420 42nd Street, 3430 42nd Street).
P. R. 15868
5/25/10 - MM/Housing
RESOLUTION NUMBER
A RESOLUTION AUTHORIZING THE CITY MANAGER AND THE
CITY ATTORNEY TO PURCHASE TRACTS 5-A-1, 5-A-2, AND
5-A-3, 0.4831 ACRE OF LAND, REPEAT OF TRACT 5-A,
BLOCK 10, ROSEMONT ADDITION, CITY OF PORT ARTHUR
(3410 42~ STREET, 3420 42~ STREET ANS 3430 42~
STREET) AND TO EXECUTE THE CLOSING DOCUMENTS
WHEREAS, the City desires to purchase property as described
in Exhibit "A"
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
C".ITY OF PORT ARTHIIR, TEXAS:
Section 1. That the facts and opinions in the preamble are
t:.rue and correct.
Section 2. That the City Manager and the City Attorney are
herein authorized to take such necessary steps as to purchase the
property described as Tracts 5-A-1,, S-A- 2 and 5-A-3, 0.4831 acre
cif land, Re~plat of Tract 5-A, Block 10, Rosemont Addition, City of
Port Arthur (3410 42nd Street, 3420 42nd Street and 3430 42nd Street).
Section 3. That the purchase price for the property shall
k~e delineated in Exhibit "A" .
Section 4. That a copy of the caption of this Resolution
k~e spread upon the Minutes of the (:ity Council.
READ, ADOPTED AND APPROVED on this day of
_ ___ A.D., 2010 at a Meeting of the City Council of
t-he City of Port Arthur, Texas, by the following vote: AYES:
NI;?~YOR
COUNCILMEMBERS
NOES
MAYOR
ATTEST:
CITY SECRETARY
APPROVED FO FORM:
,~
G ~~ ~~ ~ --
TY ATTORNE
APPROVED FOR ADMINISTRATION:
CITY MANAGER
MIKE MASON, DIRECTOR,
HOUSING & NEIGHBORHOOD REVITALIZATION
A;P~OVED FOR AVAILABILITY OF FIINDS:
D RECTOR OF FINANCE
ACCT# 108-2141-626-8900
PROJECT# HE0504
EXHIBIT "A"
Grantors: Donald Simmons
Grantee: City of Port Arthur
P=rice: $4,000 per lot totaling $12,000
Title Insurance: City pays title insurance
Liens: Will be paid by the Grantor
Title: Grantor will need to convey clear title
without any judgments or liens
T<~xes: Prorated as of closing
Other Closing Costs: Pro-rated :between buyer and seller as is
customarily done