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DRAFT
<br />J:Wttorney~isa~esolntionsACiJRRENT~Otitt Bltlg- Approve Earnest Money Cnt.wptl
<br />ApN 5, 2002
<br />RESOLUTION NO.
<br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS,
<br />PARIS, TEXAS, APPROVINGAND AUTHORIZING THE EXECUTION OF
<br />A REAL ESTATE PURCHASE AGREEMENT FOR THE PURCHASE OF
<br />A SITE FOR A NEW POLICE AND MUNICIPAL COURTS BUILDING;
<br />MAHING OTHER FINDINGS AND PROVISIONS RELATED TO THE
<br />SUBJECT; AND DECLARING AN EFFECTIVE DATE.
<br />WHEREAS, City Council, at its January 14, 2002, meeting, authorized City staffto pursue
<br />further negotiations regarding all properties currently under consideration for possible siting of a new
<br />police and municipal courts building; and,
<br />WHEREAS, as a consequence of said authorization, letters were forwarded by the City Legal
<br />Deparhnent to the owners and/or agents for thirteen (13) potential sites for the new building; and,
<br />WHEREAS, as a result of said solicitations and inquiries, a review of responses to said
<br />solicitations, input from the City's architect regarding said project, and comment and review by City
<br />staff, including the City Manager, City Attorney, and the Police Chief, the City Council, at its March
<br />11, 2002, meeting, determined the best possible site for said building; and,
<br />WHEREAS, the City Council did heretofore, on the llth day of March, 2002, in Resolution No.
<br />2002-060, authorize the City Manager, City Attorney, and Police Chief to enter into negotiations for a
<br />fortnal earnestmoney contractfar the purchase of thatproperty located at Collegiate Drive and Clarksville
<br />Street, known as the "UARCO" property and owned by Rodgers and W ade Corporation, with a negotiated
<br />purchase price of $1,275,000.00, subject to the necessary rights, reservations, terms, and conditions
<br />associated with the purchase of said property, including the obligation for conveyance by fee simple
<br />warranty deed accompanied by appropriate title wark and insurance guaranteeing clear title thereof; and,
<br />WHEREAS, the City Manager should be authorized to execute a Real Estate Purchase
<br />Agreement in a fortn acceptable to the City Manager and the City Attorney; NOW, THEREFORE,
<br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, PARIS,
<br />TEXAS:
<br />Section 1. That the findings set out in the preamble to this resolution are hereby in all things
<br />approved.
<br />Section 2. That the City Manager is hereby authorized to execute, on behalf of the City of Paris,
<br />a Real Estate Purchase Agreement with Leggett & Platt, Incorporated, a Missouri corporation, far the
<br />purchase of that property located at Collegiate Drive and Clarksville Street, known as the "UARCO"
<br />property, under the tertns and conditions and in a fortn acceptable to the City Manager and the City
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