RE 2020-0128.3 LOI CISD RESOLUTION NO.4:420.?0-OI .3
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COPPELL,
TEXAS, APPROVING THE EXTENSION OF THE LETTER OF INTENT
FOR 120 DAYS BY AND BETWEEN THE CITY OF COPPELL AND THE
COPPELL INDEPENDENT SCHOOL DISTRICT FOR THE PURCHASE
OF REAL PROPERTY; AUTHORIZING THE CITY MANAGER TO
EXECUTE ANY APPROVING DOCUMENTS; AND PROVIDING AN
EFFECTIVE DATE.
WHEREAS, the City entered into a Letter of Intent with the Coppell Independent
School District (CISD)on October 14, 2019 (hereinafter "Letter of Intent") to purchase real
property; and
WHEREAS,the Letter of Intent provided for the Agreement to be executed on or before
one hundred twenty (120) days from and after execution; and
WHEREAS, the Parties have not finalized the contract pending issues with the City of
Dallas; and
WHEREAS, the issues between the City of Dallas and City of Coppell have not been
completed; and
WHEREAS, the Parties desire to extent the Letter of Intent for additional one hundred
twenty(120)days.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF COPPELL,TEXAS THAT:
SECTION 1. The City Council hereby approves the City Manager to execute an
extension of Letter of Intent by and between the City and the Coppell Independent School
District for an additional 120 days; and the City Manager is authorized to execute any approving
documents.
SECTION 2. This resolution shall take effect immediately from and after its passage,
and it is duly resolved.
411.ULY PASSED and approved by the City Council of the City of Coppell, Texas, on this
the o ay of , 2020.
APP 'OV 'D: / •
A .. h 1i4
K. -n Selbo Hunt, May r
ST:
•
'stel Pettinos, City Secretary
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APPRO 1RM:
Robert E. Hager, C'FAttorney
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