HomeMy WebLinkAbout2015-R-04 - Purchase 1197 South West LoopRESOLUTION NO.2015-04
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF STEPHENVILLE, TEXAS, APPROVING THE
PURCHASE OF REAL PROPERTY LOCATED AT 1197 SOUTH LOOP WEST, STEPHENVILLE, TEXAS, BY THE
ERATH COUNTY APPRAISAL DISTRICT AS REQUIRED BY TEXAS TAX CODE 0.051(b); FINDING SUCH
ACTION IS TAKEN WITHIN THE TIME REQUIRED BY TEXAS TAX CODE §6.051(b); ORDERING A COPY OF
THIS RESOLUTION BE PROVIDED TO THE CHIEF APPRAISER; AND PROVIDING AN EFFECTIVE DATE
WHEREAS, the Board of Directors ("the Board") and the Chief Appraiser of the Erath County
Appraisal District ("the District") have evaluated the District's existing central offices and, based on the
current and anticipated growth in the District's operations, the age and condition of the existing offices,
and the potential cost of expansion and renovation of the current offices to meet the current and future
needs of the District, the Board has determined that relocation to a newer, larger facility is more cost
effective and in the best interest of the District and the taxing units it supports; and
WHEREAS, the property located at 1197 South Loop West, Stephenville, Texas, presently owned
by AgTexas Farm Credit Services ("the Property"), is available for sale and has been determined by the
Board to be suitable for the future needs of the District as it provides services to all of the taxing entities
in Erath County; and
WHEREAS, the Board has approved a Purchase and Sale Agreement ("the Agreement") for the
Property, closing on which is subject to the approval of three -fourths of the taxing units within the
District as required by Texas Tax Code §6.051(b); and
WHEREAS, on or about the 1" day of April, 2015, the Chief Appraiser of the District delivered
written notice of the District's proposal to purchase the Property and a copy of the Agreement to the
Mayor, the presiding officer of this City Council, and has requested on behalf of the District that the City
of Stephenville approve the District's purchase of the Property in accordance with Texas Tax Code
§6.051(b); and
WHEREAS, the City Council of the City of Stephenville, Texas, finds the proposal by the District
to purchase the Property is in the public interest of the residents of the City.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF STEPHENVILLE, TEXAS:
1. The purchase of the Property by the District as set forth in the Agreement, a true and correct
copy of which has been provided to this City Council, is hereby approved in accordance with
Texas Tax Code §6.051(b).
2. The action taken pursuant to this resolution is found to have been taken on or before the 30th
day that the Chief Appraiser of the District provided notice and a copy of the Agreement to the
Mayor.
3. The City Secretary is hereby authorized and directed to deliver a true and correct copy of this
Resolution to the Chief Appraiser of the District not later than the tenth (loth) day after the date
of approval of this Resolution.
Resolution Approving Purchase of Property —Page 1
4. This Resolution shall be effective immediately upon approval.
5. It is hereby officially found and determined the meeting at which this resolution was passed was
open to the public as required by law.
PASSED AND APPROVED this the 7th day of April, 2015.
Jer K. Idon II, Mayor
ATTEST:
Cindy L. S ord, City Se
Reviewed by Patrick C. idges, City Administrator
r ! Approved as to form and legality by
Randy Thomas, City Attorney
Resolution Approving Purchase of Property —Page 2