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HomeMy WebLinkAbout04-26-12-2h - Resolution - 04/26/2012 RESOLUTION NO.0 - 12 2k A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COLLEGE STATION, TEXAS, APPROVING A REAL ESTATE CONTRACT FOR THE SALE OF 4214 CRIPPLE CREEK. WHEREAS, the City of College Station, Texas, solicited competitive bids for the sale of land under Section 272.001(a) of the Texas Local Government Code; and WHEREAS, the selection of Rex Robinson is being recommended as the qualified bidder meeting all requirements; now, therefore, BE IT RESOLVED by the City Council of the City of College Station, Texas: PART 1: That the City Council hereby finds that Rex Robinson is the highest qualified bidder meeting all requirements of Bid # 12 -053. PART 2: That the City Council hereby approves the real estate contract with Rex Robinson for $149,900 for the sale of the property and improvements located at 4214 Cripple Creek. PART 3: The City Council hereby approves $29,980.00 in down payment assistance to Rex Robinson to facilitate the purchase, as budgeted in the City of College Station Community Development FY 2012 Budget. PART 4: That the proceeds from the sale of this Project shall be budgeted for future HOME Investment Partnership (HOME) Grant — eligible activities by the Planning and Development Services Department. PART 5: That this resolution shall take effect immediately from and after its passage. ADOPTED this 2L/z- day of 434 X , A.D. 2012. ATTEST: APPROVED: City Secretaty Mayor Q APP' OVED: 1 / City Attorney L