HomeMy WebLinkAboutResolution 726 RE S LIMON FINE NO. _ ZZ ..,
A Resoluti0
WHEREAS , on the 7th day of April , 1979 , the voters of the City
of Fort Worth approved the sale of 4. 567 acres of land out of the
George Shields Survey, Abstract No . 1402 and situated in the 2500
Block of Parkview Drive; and
WHEREAS , pursuant to such determination and in accordance with
the provisions of Article 5421c-12 , Revised Civil Statutes of Texas ,
said property was advertised for sale to the general public giving
its description, location and the procedures under which sealed bids
to purchase the property might be submitted through notice published
in newspapers of general circulation in Tarrant County and elsewhere
during and subsequent to January of 1980 and April 1980 ; and
WHEREAS , no proposals were received after the notice of sale in
January of 1980 , but two (2) proposals to purchase said property were
received by the City after the second advertisement and were subse-
quently opened on June 5, 1980; and
WHEREAS , the proposal submitted by Dal-Worth Developers , Inc .
is the most favorable to the City of Fort Worth; and
WHEREAS, after extensive evaluation of the responsive proposals
tendered, the proposal of Dal-Worth Developers , Inc. appears clearly
to be the highest and best bid proposal submitted and received for
the purchase of the premises ; and
WHEREAS, the value of said property exceeds twenty-five thousand
dollars ($25 ,000 ..00) and it is both necessary under Section 5 of
Chapter XXII of the Charter of the City of Fort Worth and in any event
desirable that the City Council make known at the earliest practicable
date its intention to enter into a contract to sell the property to the
bidder submitting the highest and best bid proposal under a plan most
advantageous to the City; NOW, THEREFORE,
BE IT RESOLVED BY THE CITY COUNCIL OF
THE CITY OF FORT WORTH:
SECTION 1 .
That it is the intent of the City Council to sell 4 .567 acres of
land out of the .George Shields Survey, Abstract No . 1402 and situated
in the 2500 Block of Parkview Drive to the bidder that has submitted
the highest and best bid proposal thereon, i. e. , Dal-Worth Developers ,
Inc. for the sum of $801, 723 .00 , with the conditions that the site
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CITY OF FORT 1lIE�FTS
plan and concept for construction be subject to approval of the City
Council, and any resale of all or part of the land must be subject
to the approval of the City Council .
SECTION 2.
That all bid proposals other than the one submitted by Dal-Worth
Developers , Inc. for the purchase of 4. 567 acres of land out of the
George Shields Survey, Abstract No. 1402 and situated in the 2500
Block of Parkview Drive are hereby rejected.
SECTION 3 .
That the City Manager is hereby authorized and directed to
negotiate, upon the most favorable terms to the City which may be
achieved, including specific land use development , a contract
covering the sale of the 4. 567 acres of land out of the George
Shields Survey, Abstract No . 1402 and situated in the 2500 Block of
Parkview Drive with Dal-Worth Developers , Inc . , and present the same
to the City Council at the earliest practicable date for consideration.
SECTION 4.
The the City Secretary is directed to publish the caption and
Section 1 of this Resolution in the official newspaper of the City
once a week for four (4) consecutive weeks .
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