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Res 043-2002 4/16/2002RESOLUTION NO. RESOLUTION AWARDING THE SEALED BID FOR EXCESS CITY - OWNED PROPERTY LOCATED 4304 ALPINE AND CONSISTING OF A 1.893 ACRE TRACT IN THE CHEROKEE COUNTY SCHOOL SUBDIVISION, BLOCK 4, RE -PLAT TWIN OAKS PARK AND AUTHORIZING EXECUTION OF THE DEED TO CONVEY TITLE; FINDING AND DETERMINING THAT THE MEETING AT WHICH THIS RESOLUTION WAS PASSED WAS OPEN TO THE PUBLIC AS REQUIRED BY LAW. WHEREAS, one parcel of excess City -owned property has been advertised for sale to the general public; and WHEREAS, sealed bids were opened on August 21, 2001 which were submitted by the parties interested in purchasing said property; and WHEREAS, the successful bidder did demonstrate a proposed use for the property that will have a positive economic impact on the City as requested in the bid packet and did meet the minimum bid requirement. 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 located in Wichita Falls, Wichita County, Texas has been identified as excess and has been advertised for sale to the public by sealed bid. 4304 Alpine, Wichita Falls, Texas 76302 also known as: Block 4, Re -plat Twin Oaks Park, Cherokee County School SECTION 2. The highest bid received for the above - described parcel was as follows: EMD Inc. SECTION 3. 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 16th day of April, 2002. MAYOR ATTEST: _ City Clerk