2005-048-RES PURCHASE OF CITY OF PARIS PROPERTY 36 AND 40 EAST KAUFMAN ST

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RESOLUTION NO. 2005-048 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, PARIS, TEXAS, AWARDING THE BID AND AUTHORIZING THE EXECUTION OF A CONTRACT OF SALE AND A DEED FOR THE PURCHASE OF CITY OF PARIS PROPERTY BEING A PORTION OF LOT 5, CITY BLOCK 179-A, LOCATED AT 36 AND 40 EAST KAUFMAN STREET; MAKING OTHER FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City Council of the City of Paris did heretofore, on the 8th day of November, 2004, in Resolution No. 2004-194, declare surplus and authorize the sale of a portion of Lot 5, City Block 179-A located at 36 and 40 East Kaufman Street; and, WHEREAS, bids for said property were received until 3:00 p.m., Thursday, March 17, 2005, and the highest bid by a responsible bidder was from Jeffrey Neilson and Katie Neilson in the amount of $20,000.00; and, WHEREAS, the form of the Contract of Sale and the Special Warranty Deed to Jeffrey Neilson and Katie Neilson for the conveyance of lot, attached hereto as Exhibit A, should, in all things, be approved, and the Mayor, Curtis Fendley, should be authorized to execute the same upon the date of closing, which shall occur no sooner than thirty (30) days from the date of passage of this resolution in accordance with Section 145 of the Charter of the City of Paris; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, PARIS, TEXAS: Section 1. That the fmdings set out in the preamble to this resolution are hereby in all things approved. Section 2. That the bid of Jeffrey Neilson and Katie Neilson in the amount of$20,000.00 for a portion of Lot 5, City Block 179-A, be, and the same is hereby, accepted and let. Section 3. That the Mayor be, and he is hereby, authorized and directed to execute, on behalf of the City of Paris, a Contract of Sale and a Special Warranty Deed to Jeffrey Neilson and Katie Neilson, under the terms and conditions and in the form shown in Exhibit A, attached hereto, upon the date of closing, which shall occur no sooner than thirty-one (31) days from the date of passage of this resolution in accordance with Section 145 of the Charter of the City of Paris. Section 4. That this resolution shall be effective from and after its date of passage.