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RESOLUTION NO. _mo-oo8 <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, TEXAS <br />ACCEPTING THE DONATION OF CERTAIN PROPERTY LOCATED AT CITY <br />BLOCK 120, LOT 6, OTHERWISE KNOWN AS 301 BONHAM ST., PARIS, <br />TEXAS, AND APPROVING THE RELEASE OF A DANGEROUS STRUCTURE <br />ABATEMENT LIEN ON SAID PROPERTY; MAKING OTHER FINDINGS AND <br />PROVISIONS RELATED TO THE SUBJECT; AND DECLARING AN EFFECTIVE <br />DATE. <br />WHEREAS, the City of Paris is in receipt of an offer of donation of property from Jack <br />M. Hoskins and Laura L. Hoskins as owners of City Block 120, Lot 6, located at 301 Bonham <br />Street, which is near Paris' downtown Plaza area; and <br />WHEREAS, the structure on said property collapsed in January of 2012, and the City <br />expended $49,396.80 of City funds completing demolition of the structure and disposing of <br />debris; and <br />WHEREAS, on March 20, 2012, the City filed a Dangerous Structure Abatement Lien, <br />recorded as document 095340-2012 in the Lamar County Clerk's Office, in the amount of <br />$49,396.80 plus interest in the amount of 10% per annum related to said demolition and <br />disposal costs; and <br />WHEREAS, the owners of said property have offered to donate the property to the <br />City in exchange for the release of said Lien; and <br />WHEREAS, the property being a vacant lot near the Plaza downtown, the City <br />desires to own said property to be utilized as public parking in connection with its <br />downtown revitalization efforts; and <br />WHEREAS, the City Council finds that it is in the best interest of the residents of Paris <br />and the merchants in the downtown area to acquire property in the downtown area to <br />provide public parking, and thus finds a public purpose in releasing said lien in order to <br />acquire said property; <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />PARIS, TEXAS, THAT: <br />Section 1. The findings set out in the preamble to this resolution are hereby in all <br />things approved. <br />Section 2. That the donation of Jack M. Hoskins and Laura L. Hoskins of City Block <br />120, Lot 6, located at 301 Bonham Street, Paris, Texas by General Warranty Deed in the form <br />attached hereto as Exhill,,,�, be, and the same is hereby, in all things accepted. <br />Section 3. That in consideration of said donation, the City Council hereby releases <br />