DRAFT
<br />J:Wttorney~isa~esolntionsACiJRRENT~D-UARCO Purchase ContractRes.wptl
<br />May 10, 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 />AN EARNEST MONEY CONTRACT FOR THE PURCHASE OF A SITE
<br />FOR A NEW LAW ENFORCEMENT CENTER; MAHING OTHER
<br />FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; AND
<br />DECLARING AN EFFECTIVE DATE.
<br />WHEREAS, the City Council, at its January 14, 2002, meeting, authorized City staff to
<br />pursue further negotiations regarding all properties currently under consideration for possible siting
<br />of a new police/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 has
<br />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 earnest money contract far the purchas e of that property 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 Council did heretofore, on the 8th day of April, 2002, in Resolution No.
<br />2002-068, authorize the City Manager to execute a Real Estate Purchase Agreement with Leggett & Platt,
<br />Incorporated, a Missouri corporation, far the purchase of said property, under the terms and conditions
<br />and in a fortn acceptable to the City Manager and the City Attorney; and,
<br />WHEREAS, since approval of said Resolution No. 2002-068, the City Manager, City Attorney,
<br />and Police Chief have been in negotiations with attorneys for Leggett & Platt, Incorporated, far the tertns
<br />of a Real Estate Purchase Agreement, and said negotiations are now complete and it is appropriate that
<br />said Agreement be executed; NOW, THEREFORE,
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