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<br />RESOLUTION NO. 2007- I~ <br /> <br />A RESOLUTION AUTHORIZING THE CITY ATTORNEY TO OBTAIN AN APPRAISAL <br />OF THAT CERTAIN 5.98 ACRE TRACT OF LAND, OWNED BY THE CITY OF LA <br />PORTE, AND SITUATED IN THE CITY OF MORGAN'S POINT, TEXAS, TO <br />PREPARE FOR RECEIVING BIDS FOR THE SALE OF SAID REAL PROPERTY BY <br />THE CITY OF LA PORTE, SUBJECT TO THE EXISTING LEASE ON SAID <br />PROPERTY, FINDING COMPLIANCE WITH THE OPEN MEETINGS LAW, AND <br />PROVIDING AN EFFECTIVE DATE HEREOF. <br /> <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LA PORTE: <br /> <br />Section 1. The City of La Porte is the owner of that certain <br /> <br />tract or parcel of land, comprised of 5.98 acres, more or less, and <br /> <br />being situated in the city of Morgan's Point, Texas. Said tract of <br /> <br />land is more particularly described on Exhibit "A" attached hereto, <br /> <br />and incorporated by reference herein. <br /> <br />Said tract of land is <br /> <br />currently leased to James J. Flanagan Shipping Corporation, a Texas <br /> <br />business corporation, for a term which will expire on December 31, <br /> <br />2011. <br /> <br />Section 2. <br /> <br />The City Council of the City of La Porte has <br /> <br />determined that it is in the best interest of the city of La Porte <br />to obtain an appraisal on said real property; prepare bid <br />specifications for the sale of said property; and to receive bids <br />for the sale of said property, subject to said lease. <br />section 3. The city Council officially finds, determines, <br /> <br />recites, and declares that a sufficient written notice of the date, <br /> <br />hour, place and subject of this meeting of the City Council was <br />posted at a place convenient to the public at the City Hall of the <br />city for the time required by law preceding this meeting, as <br />required by the Open Meetings Law, Chapter 551, Texas Government <br />Code; and that this meeting has been open to the public as required <br />by law at all times during which this resolution and the subject <br />matter thereof has been discussed, considered and formally acted <br /> <br />upon. <br /> <br />The City Council further ratifies, approves and confirms <br /> <br />such written notice and the contents and posting thereof. <br />