HomeMy WebLinkAboutResolution 572 OPT
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�.. WHEREAS, on April 4, 1978 (M&C G-3777) , the City Council of the
City of Fort Worth determined that positive efforts should be made
to sell the property of the City known as the Greater Southwest
International Airport site; 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 May of 1978; and
WHEREAS, three (3) proposals to purchase the said property were
received by the City and subsequently opened on July 13, 1978,
only two (2) of which were found responsive to the notice published
and bid specifications distributed to all interested persons; and
�- WHEREAS, after extensive evaluation of the responsive proposals
tendered, the proposal of Dal-Mac Development Company, Inc. under
one or a combination of alternative plans for purchase of said
property appears clearly to be the highest and best bid proposal
for the purchase of the premises submitted and received; 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 one or a
combination of alternative plans as may be 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 the property
of the City of Fort Worth known as the Greater Southwest International
Airport site to the bidder that has submitted the highest and best
bid proposal thereon, i.e. the Dal-Mac Development Company, Inc.
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CITY OF FORT WORTH
SECTION 2.
That all bid proposals other than the one submitted by
Dal-Mac Development Company, Inc. for the purchase of the property
of the City of Fort Worth known as the Greater Southwest International
Airport site 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, under one or a combination of alternative plans submitted
for a contract covering the sale of the property known as the
Greater Southwest International Airport site, with Dal-Mac Develop-
ment Company, Inc . , and present the same to the City Council at the
earliest practicable date for consideration.
SECTION 4.
That 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 .
O
MY OF FORT WORTH