Laserfiche WebLink
~ • • <br />RESOLUTIQN NC>. 623 . <br />VyHEREAS, The City of Paris owns and possesses certain lands dnd <br />premises embracing 216 acres, more or less, being a part of the City of <br />Paris property known as the Legion Airport properties; andp <br />WHEREAS, said 216 acres of land is not at the present time and will <br />not at any time in the foreseeable future be needed and required by the <br />City of Paris for any municipal purpose; and, <br />VVHEREAS, such acreage is producing ansubstantial revenue for the <br />City of Paris and being owned by said City produces no taxable income for <br />the City or any other taxing unit; and, <br />WHEREAS, it is the considered judgment and opinion of the City <br />Council that a long term lease, or a long term lease with option to pur- <br />chase, or the outright sale of said 216 acres of land is to the best :in- <br />terest of the City of Paris and its citizens, provided a satisfactory and <br />reasonable proposal therefor is obtained; NOW, THEREFORE, <br />BE IT RESOLVED BY THE CITY COUNCIL OF TI-E CITY OF PARISs <br />1. That the City Manager be, and he is hereby, instructed to <br />advertise for sealed bids for (a) a lease for any term of years not to <br />exceed ten,(b) a lease for any term of years not to exceed ten with option <br />of lessee to purchase the leased property at any time during the leasE? <br />term, or (c) the sale of the property owned by the City of Paris embrzicing <br />approximately 216 acres, being a part of what is commonly known as Legion <br />Field, fronting on F. M. Highway No. 79, located North West of the Cit:y of <br />Paris in Lamar County, Texas, being more particularly described as followss <br />Beginning at a point in the W. B. Line of 19th N. W. Street, <br />which point is 500 feet North of the intersection of the <br />North Boundary Line of Henderson Street with the E. B. Line <br />of 19th N. W. Street, being the most Easterly South East <br />corner of said City of Paris Legion Airport properties; <br />Thence North with the W. B. Line of said 19th N. W. Street <br />950 feet to the North Easterly N. E. corner of said Legion <br />Airport properties; Thence West with the North Boundary <br />t _ _ L _ _ S -3 r _ - - A 2 - - - - - - - - .i. ' _ _ ~ r _ _ i - - - <br />