O-2023-3960 - Laserfiche WebLink

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ORDINANCE 2023-3960 AN ORDINANCE OF THE CITY OF THE LA PORTE, TEXAS, APPROVING THE PURCHASE OF A PARCEL OF LAND LOCATED ON SOUTH VIRGINIA STREET AND LEGALLY DESCRIBED AS LOTS 189 19 AND 20, IN BLOCK 198, TOWN OF LA PORTE; AUTHORIZING THE CITY MANAGER TO EXECUTE AN EARNEST MONEY CONTRACT AND ALL OTHER DOCUMENTS NECESSARY TO ACCOMPLISH THE ACQUISITION OF SAID PROPERTY; FINDING COMPLIANCE WITH THE OPEN MEETINGS ACT; AND PROVIDING AN EFFECTIVE DATE HEREOF. WHEREAS, Frank Isidro Romero owns a parcel of land on South Virginia Street and legally described as Lots 18, 19, and 20, in Block 198, Town of LaPorte, an addition in Harris County, Texas, according the map or plat thereof recorded in Volume 8, Page 16, of the Map Records of Harris County, Texas, (the "Property" herein); and WHEREAS, the City of La Porte desires to enter into an Earnest Money Real Estate Sales Contract for the purchase of the Property pursuant to the terms and conditions as set forth in the said Earnest Money Real Estate Sale Contract, which is attached hereto as Exhibit A. and incorporated herein at length for all purposes; and WHEREAS, the purchase of the Property is conditioned upon those terms and conditions as provided in the Sales Contract attached hereto; and WHEREAS, this City Council has determined that the cash consideration as provided in the said Sales Contract is the fair market value of Property being purchased by the City of La Porte, Texas; and WHEREAS, the City of La Porte, Texas, will use and develop the property in a manner that primarily promotes public purposes of the City of La Porte, Texas. NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LA PORTE, TEXAS: Section 1. That the facts and recitations set forth in the preamble of this ordinance are true and correct. Section 2. That the City Council of the City of LaPorte, Texas, does hereby approve the Earnest Money Real Estate Sales Contract between Frank Isidro Romero as Seller and the City of La Porte, Texas, as Buyer on those terms and conditions as expressed therein and attached hereto as Exhibit "A". Section 3. That the City Manager of the City of LaPorte, Texas, is hereby authorized and directed to execute on behalf of the City of La Porte, Texas, the Earnest Money Real Estate Sales Contract, and is further authorized and directed to execute all other documents and to take all other actions reasonably necessary or convenient to accomplish the acquisition of the Property.