2002-060-RES AUTHORIZE CITY STAFF TO NEGOTIATE EARNEST MONEY CONTRACT FOR PURCHASE OF SITE FOR NEW POLICE AND MUNICIPAL COURTS BUILDING

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RESOLUTION NO. 2002-060 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, PARIS, TEXAS, AUTHORIZING CITY STAFF TO NEGOTIATE AN EARNEST MONEY CONTRACT FOR THE PURCHASE OF A SITE FORA NEW POLICE AND MUNICIPAL COURTS BUILDING; MAKING OTHER FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; AND DECLARING AN EFFECTIVE DATE. WHEREAS, City Council, at its January 14, 2002, meeting authorized City staffto pursue. further negotiations regarding all properties currently under consideration for possible si ting of a new police/municipal courts building; and, WHEREAS, as a consequence of said authorization, letters were forwarded by the City Legal Department to the owners and/or agents for thirteen (13) potential sites for the new building; and, WHEREAS, as a result of said solicitations and inquiries, a review of responses to said solicitatiom;, input from the City's architect regarding said project, and comment and review by City staff, including the City Manager, City Attorney, and the Police Chief, the City Council has determined the best possible site for said building; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, PARIS, TEXAS: Section 1. That the findings set out in the preamble to this resolution are hereby in all things approved. Section 2. That the City Council does hereby authorize the City Manager, City Attorney, and Police Chiefto enter into negotiations for a formal earnest money contract for the purchase of that property located at Collegiate Drive and Clarksville Street, known as the "DARCO" property and owned by Rodgers and Wade Corporation, with a negotiated purchase price of $1,275,000.00, subject to the necessary rights, reservations, terms, and conditions associated with the purchase of said property, including the obligation for conveyance by fee simple warranty deed accompanied by appropriate title work and insurance guaranteeing clear title thereof. Section 3. That upon successful negotiation of a contract that appears to be in the best interests of the City, said contract will be returned to City Council for formal approval. Section 4. That this resolution shall be effective from and after its date of passage.