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CC Resolution No. 1260 2436 RESOLUTION NO. 1260 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS APPROVING IN THEORY THE ACCEPTANCE OF PROPERTY LOCATED NEAR GOOSE CREEK AND THE INTERSECTION OF STATE HIGHWAY LOOP 201 AND STATE HIGHWAY SPUR 330 IN EXCHANGE FOR THE AD VALOREM TAXES AND OTHER CONSIDERATION DUE AND OWING TO THE CITY; AND PROVIDING FOR AN EFFECTIVE DATE THEREOF. WHEREAS, the landowners/taxpayers of the property below- described have proposed a transaction involving the transfer to the C__ty of Baytown (the "City" ) , the County of Harris and the Goose Creek Consolidated Independent School District, collectively referred to as the "taxing authorities, " of several parcels of land out of an approximately one hundred seven (107) acre tract of land near the intersection of State Highway Loop 201 and State Highway Spur 330 and Goose Creek; and WHEREAS, as proposed, the taxpayers/landowners will convey an adequate amount of land, equal in value to the taxes due to each of the taxing authorities; and WHEREAS, all of the one hundred seven (107) acres of land has been valued by an appraiser previously approved by the taxing authorities; and WHEREAS, such appraisal revealed that the tract of land has a value in excess of the taxes due; and WHEREAS, an environmental assessment report, conducted on the property, disclosed that the City will be required to remove various drums and to abandon a six inch (611 ) diameter water well from the property to be given to the City; and WHEREAS, the landowners/taxpayers have agreed to give to the C=_ty extra land worth five thousand dollars ($5, 000) to help defray the costs of abandoning the above-referenced well; and WHEREAS, the closing cost to date, such as the environmental assessment and the appraisal, have been paid for, either by the landowners/taxpayers or through the proceeds from the sale of dirt which Council previously authorized in April 1994 ; and WHEREAS, Council' s approval is now requested in order to move the land/tax transaction forward to a closing date, at which time, all taxes due to each taxing authority will be paid out of the 2437 purchase price, an amount equal to the taxes due for each taxing authority; and WHEREAS, the net effect of the transaction will be an exchange of deeds to each of the taxing authorities for a certificate evidencing taxes paid to the taxpayer/landowners; and WHEREAS, the City desires to acquire such property through the manner proposed and plans to develop the same as a park adjacent to Goose Creek, as a continuation of the Goose Creek Stream Hike and Bike Trail and as a proposed animal shelter site; NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS : Section 1 : That the City Council of the City of Baytown approves in theory the acceptance of property located near Goose Creek and the intersection of State Highway Loop 201 and State Highway Spur 330 in exchange for the ad valorem taxes due and owing to the City. Section 2 : This Resolution shall take effect immediately from and after its passage by the City Council of the City of Baytown. INTRODUCED, READ and PASSED by the affirmative vote of the City Council of the City of Baytown this 14th day of September, 1995 . PETE C. ALFARO, Mayor A"TEST: E--LEEN P. HALL, City Clerk APPROVED AS TO FORM: ,f&ACIO RAMIREZ, S City Attorney C b:tIh9/res-busch 2