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CITY COUNCIL AGENDA ITEM BRIEFING SHEET Submittal Date: Originating Department: Presented By: Agenda Item No.: 2-29-2008 29 Council Date: Finance Gene Anderson 3-10-2008 RECOMMENDED MOTION: Move to approve a resolution declaring the 12'x24' frame building as salvage property and accepting the bid from Kenneth Marshall to acquire the salvage property and to enter into a monthly lease of the real property located at 1227 N. Main Street in Paris, Texas. POLICY ISSUE(S~: Council approval of lease document. BACKGROUND: This properry is part of Lots 6& 7 City Block 251A being numbered 1227 N. Main Street. The City acquired this property originally for ROW purposes. TxDot had plans to make N. Main and 1St Street NE one way streets beginning approximately at 12t" Street NE to downtown Paris. This project was delayed, but the City retains ownership of this property for that future purpose. The City has rented this property in the past for use as a used car lot, but it has not been rented for a number of years. This property was put up for bid by invitarion to lease city property advertised in the Paris News on February 10, 2008 and February 17, 2008. The only bid received for this property was from Mr. Kenneth Marshall. Mr. Marshall proposes to purchase the 12 ft. X 24 ft. frame storage type building for $100 and to rent the property for $50 per month on a month to month basis. There are two structures on the property. One is a dilapidated builcling full of used tires. As part of his bid, the bidder offers to tear down this structure and dispose of the material including the used tires in a legally acceptable manner. The second structure is a frame storage rype building that is also dilapidated due to the entire floor being rotted out and various other code violarions, The bidder proposes to purchase this building for $100. He intends to replace the flooring and make use of it on this site. The bidder will be providing appropriate insurance for the City's protection. He also agrees to maintain the lot i.e. mowing the grass when needed. BOARD~COMMISSION RECOMMENDATION: N/A EXHIBITS: Copy of bid and copy of lease agreement. ACTION: BUDGET INFO: ❑ Financial Report ❑ Minute Order Expense $N/A ❑ Department Report ~ Resolution Budgeted Amt. $N/A ❑ Presentation ❑ Ordinance YTD Actual $N/A ❑ Public Hearing ❑ Other Acct. Name N/A Acct. Number N/A FisC~. NoTES: City of Paris Revised 2/04/08