RE 2017-0110.3
RESOLUTION NO. 2017-0110.3
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
COPPELL, TEXAS, APPROVING THE TERMS AND
CONDITIONS OF A PURCHASE AND SALES AGREEMENT BY
AND BETWEEN THE CITY OF COPPELL, TEXAS AND
BILLINGSLEY PIN OAKS, PARTNERS, LTD, A TEXAS LIMITED
PARTHERSHIP; AUTHORIZING THE CITY MANAGER TO
EXECUTE SUCH AGREEMENT, WHICH IS ATTACHED
HERETO AS EXHIBIT A, FOLLOWING REVIEW BY THE CITY
ATTORNEY; AND, AUTHORIZING THE MAYOR TO EXECUTE
ANY DOCUMENTS OF CONVEYANCE IN CONFORMITY TO
SAID AGREEMENT; REPEALING RESOLUTION 2016-0927.1
AND OTHER PRIOR RESOLUTIONS IN CONFLICT; PROVIDING
A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE
DATE.
WHEREAS,
the City has entered into a contract with Billingsley Pin Oaks, Partners Ltd.,
a Texas limited partnership; and
WHEREAS,
the City Council find it is in the best interest of the City of Coppell and its
citizens to approve said contract.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF COPPELL, TEXAS THAT:
SECTION 1.
The City Council hereby approves the terms and conditions of Purchase and
Sales Agreement by and between the City of Coppell and Billingsley Pin Oaks, Partners Ltd, which
is attached hereto and incorporated herein by reference as Exhibit A and hereby authorizes the City
Manager to execute said agreement and, authorize the Mayor to execute documents of conveyance,
after approval by City Attorney.
SECTION 2.
That Resolution 2016-0927.1 and any other prior resolution of the City
Council in conflict with the provisions contained in this Resolution are hereby repealed and
revoked.
SECTION 3.
Should any part of this resolution be held to be invalid for any reason, the
remainder shall not be affected thereby, and such remaining portions are hereby declared to be
severable.
SECTION 4.
This resolution shall take effect immediately from and after its passage, and
it is duly resolved.
\[Signature page to follow\]
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DULY PASSED and approved by the City Council of the City of Coppell, Texas, on this
the 10l`day of , 2017.
APPR 9 VED:
:earl1%/,
Karen Selbo unt, Mayor
ATT T:
C Istel Pettinos, City Secretary
APPROVED AS TO FORM:
Robert E. Hager, City Attorney
(REH/gd)
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Exhibit A
Representation Agreement
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