HomeMy WebLinkAbout06-23-11-2k - Resolution - 06/23/2011RESDLUTIGN N4. p~-~3-11-Zk
A RESQLUTION 4F THE CITY CUUNCIL GF THE CITY OF COLLEGE STATIGN,
TEXAS, APPROVING A REAL ESTATE CUNTRACT FOR THE SALE 4F 1124
CARULINA STREET
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 Daniel Hitchcock is being recommended as the qualified bidder
meeting all requirements; now, therefore,
BE IT RESGLVED by the City Council of the City of College Station, Texas;
PART 1: That the City Council hereby finds that Daniel Hitchcock is the highest qualified bidder meeting all requirements of Bid # I l -$9.
PART 2: That the City Council hereby approves the real estate contract with Daniel
Hitchcock for $103,500,00 for the sale of the property and improvements
located at 1124 Carolina St.
PART 3 : That the City Council hereby approves $10,000 in down payment
assistance to Daniel Hitchcock to facilitate the purchase, as budgeted in
the City of College Station Community Development FY 2011 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
Economic and Community Development Department.
PART 5: That this resolution shall take effect immediately from and after its
passage.
ADAPTED this 2~ day of June , A.D. 2011.
ATTEST: APPRQVED;
City Secretary Mayor
APPROVED:
City Attorney