HomeMy WebLinkAboutResolution - 3543 - Authorize Lubbock Central Appraisal District To Purchase Real Property - 02_14_1991Resolution No. 3543
February 14, 1991
Item # 17
DGV:dw
RESOLUTION
WHEREAS, Section 6.051 of the Texas Property Tax Code provides for the
purchase of real property by a central appraisal district, subject to the
approval of 3/4th's of the governing bodies of those taxing units entitled
to vote on the appointment of board members, and
WHEREAS, this governing body agrees that the negotiating position of
the Lubbock Central Appraisal District when attempting to acquire real
property is significantly impaired if exact prospective locations are
divulged; and
WHEREAS, in the interest of governmental efficiency, the City Council
of the City of Lubbock desires to authorize the Lubbock Central Appraisal
District to purchase real property located within 700 linear feet of the
existing Lubbock Central Appraisal District property; NOW THEREFORE:
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK:
THAT the Lubbock Central Appraisal District is hereby authorized to
purchase real property located within 700 linear feet of the existing
Lubbock Central Appraisal District property for an amount such that the City
of Lubbock's allocated portion of the cost will not exceed $100,000 and the
disbursement of the City's portion would be made over a period of not less
than two (2) years.
Passed by the City Council this 14th day of February , 1991.
c
B. C. Mc INN, MAYOR
e
y
APPROVED AS TO CONTENT:
o ert Massengale, As istant City
Manager/Financial Services
APPROVED AS TO FORM:
Uo.n,ala b. vanalver, rirSL HSS1S
City Attorney