HomeMy WebLinkAboutResolution Fort Worth Housing Finance Corporation (FWHFC) FWHFC-2015-11. RESOLUTION AUTH1, . OF 5101 PINSONTO MAURO
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WHEREAS, the Fort Worth Housing Finance Corporation (the "Corporation") seeks ts
foster the development of quality, accessible, affordable housing and promote homeownershi-
and neighborhood revitalization throughout the City of Fort Worth ("City");
WHEREAS,
WHER]EAS, Mauro Casas, Jr. has expressed an interest in purchasing 5101 Pinson Street
for single family residential housing development; and
WHEREAS, the Board desires to approve the sale of 5101 Pinson Street to Mauro Casas,
Jr.
0 N so I a 1 1. 1 1 N 0] lIM-10V N1
THAT the Board approves the sale of an undeveloped single family lot commonly known
as 5101 Pinson Street (the "Property") to Mauro Casas, Jr. for a negotiated price plus the
payment of all common and customary sellers closing costs.
2. THAT the Board approves the execution and delivery of the sale and purchase agreement
for the sale of the Property, the execution and delivery of the deed, and the execution and
delivery of the closing statement and any other related documents necessary to complete
the sale of the Property.
3. THAT Jesus Chapa, General Manager of the Corporation, or the Assistant General
Manager, or their duly elected or appointed successors, are authorized to execute and
deliver the sale and purchase agreement for the sale of the Property, execute and deliver
the deed and execute the closing statement for and on behalf of the Corporation along
with any related documents necessary to sell the Property.
4. THAT this Resolution takes effect on the date of its adoption.
Adopted August 4, 2015.
FORT WX I1II HOI SI ',,,FINANCE CORPORATION
Salvador I spino, Presi ent