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Res 064-99 7/6/1999RESOLUTION NO.- RESOLUTION ACCEPTING BID ON CITY PROPERTY AT 2005 BUCHANAN AND AUTHORIZING THE CITY MANAGER TO EXECUTE THE DEED; DETERMINING THAT THE MEETING AT WHICH THIS RESOLUTION WAS PASSED WAS OPEN TO THE PUBLIC AS REQUIRED BY LAW. WHEREAS, the City of Wichita Falls purchased the house at 2005 Buchanan Street for the Urban Homestead Program; and WHEREAS, the Floral Heights Assembly of God Church has expressed interest in acquiring the property as they have already purchased all except three houses in Block 105 of Floral Heights Addition; and WHEREAS, the property at 2005 Buchanan has now been advertised for sale by sealed bids in accordance with Chapter 272 of the Texas Local Government Code. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: SECTION 1. The following parcel of real property owned by the City of Wichita Falls is declared as excess and has been advertised for sale to the general public by sealed bids: 2005 Buchanan Street, Wichita Falls Lot 14, Block 105, Floral Heights Addition SECTION 2. The only bid received for the above described property was from the Floral Heights Assembly of God Church, Inc., 2014 Kemp Blvd., Wichita Falls in the amount of $18,500.00 cash, which was the minimum bid set by the City. SECTION 3. The bid on the property is hereby accepted, and the City Manager is hereby authorized to execute the special warranty deed to convey title. SECTION 4. It is hereby officially found and determined that the meeting at which this resolution was passed was open to the public as required by law. PASSED AND APPROVED this the 6th day of July, 1999. ATTEST: City Clerk MAYOR/ v