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HomeMy WebLinkAboutCDCRes2011.04.02ANNA COMMUNITY DEVELOPMENT CORPORATION RESOLUTION NO. apll"nkt- (C.) A RESOLUTION OF THE ANNA COMMUNITY DEVELOPMENT CORPORATION APPROVING THE SALE OF LAND TO THE TEXAS DEPARTMENT OF TRANSPORTATION AND AUTHORIZING THE CDC PRESIDENT TO EXECUTE A DEED FOR SAME WHEREAS, The Texas Department of Transportation ("TxDOT') plans to widen and reconstruct FM 455 from U.S. 75 to S.H. 5; and WHEREAS, In order to complete the project, TxDOT needs to acquire certain property jointly owned by the City of Anna, Texas and the Anna Community Development Corporation Described in EXHIBIT 1; and WHEREAS, TxDOT has offered to purchase the property described in EXHIBIT 1 $1,000; and WHEREAS, TxDOT owns the property abutting the properties described in EXHIBIT 1 in fee simple; and WHEREAS, the Anna Community Development Corporation ("CDC") finds that the property described in Exhibit 1 has been used prior to the FM 455 widening and reconstruction project as a park; and WHEREAS, the CDC finds that TxDOT has the authority of eminent domain and that the paramount public use of the property in question is realized by TxDOT's acquisition of the property for the FM 455 widening and reconstruction project; NOW THEREFORE, BE IT RESOLVED BY THE ANNA COMMUNITY DEVELOPMENT CORPORATION THAT: Section 1. Recitals Incorporated The recitals set forth above are incorporated herein for all purposes as if set forth in full. Section 2. Approval of Sale and Authority to Execute Deeds The CDC hereby approves the sale of the property described in EXHIBIT 1 attached hereto and incorporated herein for all purposes, and authorizes the CDC President to execute the deed transferring ownership of same to TxDOT subject to review and approval by the City Attorney of the deed. PASSED AND APPROVED by the Anna Community Development Corporation on this 14t' day of April, 2011. APPROVED: ATTEST: r CDC President, Sandra 41gado /dD'C' Secretary, Sherilyn (,%M_frK Of CDC OF ANNA, TEXAS RESOLUTION NO.aOt1 Oy•0 a (COO PAGE 1 OF 1