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RE 12-08-87.1 A RESOLUTION OF THE CITY OF COPPELL, TEXAS RESOLUTION NO. 120887.1 A RESOLUTION OF THE CITY OF COPPELL, TEXAS, AUTHORIZING THE MAYOR OF THE CITY OF COPPELL TO EXECUTE ALL CLOSING DOCUMENTS RELATING TO THE ACQUISITION OF 33.0647 ACRES OF LAND IN THE 3AMES PARRISH SURVEY, ABSTRACT NO. 1135, CITY OF COPPELL, DALLAS COUNTY, TEXAS, FROM W.T. TROTH AND S.C. PARSONS; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City Council of the City of Coppell has reviewed the proposal of W.T. Troth and S.C. Parsons to sell to the City a 1.85-acre tract of land for a total sales price of Thirteen Thousand Eight Hundred Sixty-Two and 38/]00 Dollars ($13,862.38) and the gift to the City of an additional 31.2147 acres; and WHEREAS, the City Council of the City of Coppell is of the opinion that said property will be a benefit to the park system of the City and wishes to accept such proposal. NOW, THEREFORE, be it resolved by the City Council of the City of Coppell, Texas: SECTION ]. That the Mayor of the City of Coppell, Texas, is hereby authorized to execute all closing documents relating to the acquisition of approximately 33.0647 acres of land lying in the 3ames Parrish Survey, Abstract No. 1135, City of Coppell, Dallas County, Texas, from W.T. Troth and S.C. Parsons, said total tract being acquired as follows: A. A 1.85-acre tract of land to be purchased by the City for the sum of Thirteen Thousand Eight Hundred Sixty-Two and 38/100 Dollars ($13,862.38) and the remaining 31.2147 acres being donated to the City as a gift from said grantors. SECTION 2. That closing costs to be paid by the City are hereby approved in the sum of Two Thousand Eight Hundred Fifty-One and 85/100 Dollars ($2,851.85) which includes the cost of title insurance policy. SECTION 3. This resolution shall become effective immediately upon its adoption as the law in such cases provides. DULY RESOLVED by the City Council of the City of Coppell, Texas, on this the ~ day of ~~(.~ , 1987. APPROVED: ATTEST: APPROVED AS TO FORM: