R568RESOLUTION NO. 568
A RESOLUTION APPROVING THE SALE OF CERTAIN REAL
PROPERTY DESCRIBED AS LOT 1, BLOCK 2, BLOXOM PARK
ADDITION, KENNEDALE, TEXAS; ALSO KNOWN AS 7224 BLOXOM
PARK ROAD, KENNEDALE, TEXAS.
WHEREAS, the Kennedale Economic Development Corporation ("KEDC") is the
owner of a certain tract of real property described as Lot 1, Block 2, Bloxom Park
Addition, Kennedale, Texas, more commonly known as 7224 Bloxom Park Road,
Kennedale, Texas ("Property"); and
WHEREAS, the KEDC was presented an offer made by Ciro Jesus Leal and
Marlen Hernandez to purchase the Property for the sum of $75,000.00; and
WHEREAS, the Board of Directors of the KEDC has determined that the project
(as that term is defined in Title 12, Subtitle C1 of the Texas Local Government Code) for
which the Property was required is no longer viable and desires to sell the Property for
fair market value; and
WHEREAS, the City Council desires to approve the sale of the Property.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF KENNEDALE, TEXAS, THAT:
SECTION 1.
The sale and conveyance of the Property to Ciro Jesus Leal and Marten
Hernandez is approved.
SECTION 2.
The Executive Director of the KEDC is authorized to negotiate, finalize, and
execute all documents in order to complete the conveyance of the Property, including,
but not limited to: (i) a contract of sale; (ii) a deed conveying the Property; and (iii) any
matters reasonably requested by the title company.
PASSED AND APPROVED THIS 18TH DAY OF FEBRUARY, 2020.
APPROVED:
MA
ATTEST:
CITY SECRETARY, LESLIE E. GALLOWA
OR, BRIAN JO NSON
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R568 CITY OF KENNEDALE, TX 2020