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<br />RESOLUTION NO. 94-025 <br /> <br />WHEREAS, the City Council of the City of Paris did heretofore in Resolution No. 93- <br />110, passed on October 28, 1993, accept the bid presented in the form of an Earnest Money <br />Contract - Commercial Unimproved Property from Bobby Smallwood and Glenn Townes, dated <br />June 30, 1993, and authorize preparation of a deed for Lot 6, City Block 276, being 4.14 acres, <br />more or less; and, <br /> <br />WHEREAS, Bobby Smallwood and Glenn Townes are no longer desirous of continuing <br />with said Contract and have requested the City Council of the City of Paris to approve the <br />execution of an assignment of the Earnest Money Contract - Commercial Unimproved Property <br />to Terry Kilgore and wife, Linda Kilgore; and, <br /> <br />WHEREAS, it has been brought to the attention of the City Council that Lot 6, City <br />Block 276, and Lot 2, City Block 322, have heretofore been used as a trash dumps and burn <br />sites, and that the marketability of said lots is in question and could be improved by the <br />procurement of class 1 and 2 environmental assessments, as needed; and, <br /> <br />WHEREAS, the City Council desires to continue to contract for the sale of said <br />property; NOW, THEREFORE, <br /> <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, that it <br />does hereby accept the Assignment and Amendment to Earnest Money Contract - Commercial <br />Unimproved Property from Bobby Smallwood and Glenn Townes to Terry Kilgore and wife, <br />Linda Kilgore. <br /> <br />BE IT FURTHER RESOLVED, that the Mayor of the City of Paris, George Fisher, <br />be, and he is hereby, authorized and directed to execute on behalf of the City of Paris the <br />Assignment and Amendment to Earnest Money Contract - Commercial Unimproved Property <br />in the form of Exhibit A attached hereto. <br /> <br />BE IT FURTHER RESOLVED, that the City Attorney, T. K. Haynes, be, and he is <br />hereby, authorized to procure a class 1 and 2 environmental assessment on Lot 6, City Block <br />276, and Lot 2, City Block 322, as needed. <br /> <br />PASSED AND ADOPTED this 24th day of March, 1994. <br /> <br /> <br />ATTEST: <br /> <br />~,,~~,~~ <br /> <br /> <br />"iff ......4-~ "" ~...__~__kn........ ("'1~." "'/"\...1, <br />