HomeMy WebLinkAboutR79-178I CITY OF PLAINVIEW i
I
RFSOLUIION NO. R79-178
O0 O70
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PLAINVIEW,
TEXAS AUTHORIZING THE MAYOR TO ENTER INTO A CONTRACT OF
SALE WITH THE MBPXL CORPORATION.
WHEREAS, the City of Plainview owns a building adjacent to.the
present facilities of the MBPXL Corporation; and
WHEREAS, the City Council of the City of Plainview, Texas desires
to sale this property and to take the proceeds from this sell and establish
a separate fund to be used only for industrial development purposes in
this community; and
WHEREAS, by previous action this Council has declared this property
to be surplus and has properly advertised this property for sale in
accordance with Texas State Law, and the City of Plainview Code, and did
receive bids on F~iday, November 9th; and
WHEREAS, the MBPXL Corporation submitted a bid in the amount of
$215,000 along with an earnest money check in the amount of 10% of the
bid:
NOW, THEREFORE BE IT RESOLVED BY the Mayor and City Council
of the City of .Plainview, Texas that the bid as submitted by the
MBPXL Corporation is the highest and best bid for the purchase of
this property and the Mayor is authorized to execute a sales contract
on this 13th day of November, 1979, between the City of Plainview, Texas
and MBPX~ ~-6-rporatio~ f--O-f ~-h-e sale of this property to ~ consummated on
or before June 1, 1980.
PASSED AND APPROVED this the 13th day of November, 1979.
ATTEST: