HomeMy WebLinkAboutPR 18877: CONTRACT FOR THE PURCHASE OF LAND FOR THE CONSTRUCTION OF AN ELEVATED STORAGE TANK AND PUMP STATION P. R. No. 18877
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RESOLUTION NO.
A RESOLUTION AUTHORIZING THE CITY MANAGER AND
CITY ATTORNEY TO NEGOTIATE A CONTRACT FOR THE
PURCHASE OF LAND FOR THE CONSTRUCTION OF AN
ELEVATED STORAGE TANK AND PUMP STATION, AND TO
ENTER INTO AN ESCROW AGREEMENT IN AN AMOUNT
NOT TO EXCEED $32, 000 . 00 .
WHEREAS, the City now desires to purchase a 2 . 543 acre tract
or parcel of land situated in the B.B.B. & C.R.R. Survey, Abstract
92 , located at the intersection of State Highway 82 and Terminal
Road for the construction of an elevated storage and pump station;
and
WHEREAS, the City has secured an appraisal as to the fair
market value of this property.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF PORT ARTHUR:
Section 1. That the facts and opinions in the preamble are
true and correct .
Section 2 . That the City Manager and the City Attorney are
herein authorized to negotiate a contract for the purchase of a
2 . 543 acre tract or parcel of land situated in the B.B.B. & C.R.R.
Survey, Abstract 92 , located at the intersection of State Highway
82 and Terminal Road for the construction of an elevated storage
and pump station.
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Section 3 . That the City Manager and City Attorney are
further authorized to enter into an Escrow Agreement in the not-to-
exceed amount of $32 , 000 . 00 for the negotiated amount agreed upon
by the parties .
Section 4 . That this purchase is contingent upon funding
being provided to the City pursuant to the terms of Resolution No.
12-287 .
Section 5 . That such funds shall be used only to make
payments as required under the Escrow Agreement .
Section 6 . That a copy of the caption of this Resolution
be spread upon the Minutes of the City Council .
READ, ADOPTED AND APPROVED on this day of
A.D. , 2015 , at a Council Meeting of the City Council of the City
of Port Arthur, Texas, by the following vote : AYES :
Mayor:
Councilmembers :
NOES :
MAYOR
ATTEST:
SHERRI BELLARD, CITY SECRETARY
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APPROVED AS TO FORM:
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VAL TIZENO, CITY/`TTORN Y
APPROVED FOR ADMINISTRATION:
BRIAN MCDOUGAL, CITY MANAGER
APPROVED AS TO THE AVAILABILITY OF FUNDS:
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DEBORAH ECHOLS, DIRECTOR OF FINANCE
ACCOUNT NO. 429-1258-532 . 59-00
PROJECT NO. WSI004
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