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HomeMy WebLinkAboutResolution 19294 _ - A Resolution. • IiE$OI,U.IOI~ 1~0.~ AUTHORIZING THE ADVERTISEMENT FOR SALE OF A 2.437 ACRE TRACT OF LAND NEAR DALLAS FORT WORTH INTERNATIONAL AIRPORT. WHEREAS, the City of Dallas and City of Fort Worth are owners o£ a tract of land containing approximately 2.437 acres, more particularly described in Exhibit A, attached hereto, located near Dallas/Fort Worth International Airport ("D/FW Airport")- within the city limits of Irving, Texas, which tract is no longer needed for municipal use; and WHEREAS, the Purvis and York Companies of Fort Worth have contacted the D/FW Airport staff and expressed an interest in acquiring a 2.437 acre parcel of D/FW Airport land in exchange for, an adjacent 2.437 parcel owned by Purvis and York; and WHEREAS, Such an exchange would square up the boundaries of both the D/FW Airport property and the Purvis and York property and would make both more usable; and WHEREAS, the City Council has previously authorized the sale or exchange of the 2.437 acre parcel and has been requested to re-affirm such authorization; and WHEREAS, the D/FW Airport staff also request that, if the parcel is sold for cash, the proceeds be deposited in the capital improvement fund of the Airport, or, if the parcel is exchanged, the land which is received be designated for use of the D/FW Airport Board, and WHEREAS,. by Resolution Number 87-238 on October 6, 1988, the D/FW Airport Board recommended the property be declared surplus; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS: CITY OF FORT WORTH ~f ( ~ '_ .'.- ' _ • I A Resolution ~~ SECTION 1. That the tract of real property owned by the City of Dallas and the City of Fort Worth, containing approximately 2.437 acres located near D/FW Airport within the city limits of Irving, Texas, is declared unneeded by the City Council and should be advertised for sale by sealed bids at the indicated minimum price of $957,000.00. SECTION 2. That said property shall be conveyed subject to the reservation of an avigation easement for free and unobstructed passage of all aircraft with an elevation to be determined by D/FW Airport Board, Engineering Division. SECTION 3. That the advertisement of this property shall state that: _. a) 'the City of Dallas and the City of Fort Worth each reserves the right to reject any and all bids; b) this property shall be subject to the reservation of an •avigation easement and all easements and other instruments of record; c) the conveyance shall be by special warranty deed; and d) this property will be sold in "as is" condition, and it is the bidder's responsibility to determine that the property can be utilized for its intended purposes and to determine access to the property. SECTION 4. That the Property Management Administrator is authorized to advertise said property for sale or exchange. SECTION 5. That the City Council hereby reaffirms its previous authorization to sell or exchange said parcel. SECTION 6. That if said parcel is sold for cash, the net proceeds shall be deposited in the capital improvement fund of the Airport, or if the parcel is exchanged, the land which is received shall be designated for use of the DFW Airport Board. SECTION 7 . That this resolution shall take effect immediately from and after its passage, and it is accordingly so resolved. /~'~..3 ADOPTED this ~~ day of 19~-2:' A~~o~~En CITY Cvi.INC~L 'l nf"l n~. ~ f~ JUL ~U 1993 +~ ~,, .,~ CITY OF FORT WORTIi