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1432 RES CITY COUNCIL IN RES NO 1408 AUTHORIZED MAYOR TO EXECUTE PURCHASE OPTION CONTRACTRFSOLUTION NO. 1432 LJHEREAS, the City Council of the City of Paris, Paris, Texas, heretofore, in Resolution No. 1408, authorized the Mayor of the City of Paris to execute a purchase option contract, giving the City of Paris the right to purchase a tract, to be used as a park, consisting of 5.146 acres, lying adjacent to the North Boundary Line of Johnson Street, owned by Robert H. McDougal, on or before October 1, 1971, at a price of $6,000.00; and, WHEREAS, said property, and the parks project connected therewith, has been preliminarily approved by HUD; and, WHEREAS, it is right and proper for the City of Paris to exercise its option to purchase said 5.146 acre tract from Robert H. McDougal; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS? PARIS, TEXAS, That the Mayor, James W. Farris, be, and he is hereby authorized to exercise the City of Paris' option to purchase, for $6,000.00, a 5.146 acre tract of land, fronting on the North Side of Johnson Street, owned by Robert H. McDougal, and upon said option, the Director of Finance, H. C. Greene, is hereby authorized to pay to Robert H. McDougal, $6,000.00. Passed and adopted this 12th day of July, 1971. s W. Farris, Mayor ATTEST: H. C. G eene, City Clerk APP D FORM: ~ T. . Haynes, ity Attorney