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HomeMy WebLinkAboutRES 82-127 R E S 0 L U ^1 I O N WHEREAS, bids were received for the purchase of three parcels of land as follows : Parcel 1 : 2.32 acres known as Block 8, McFaddin Heights Addition in the James Drake and Wm. McFaddin Surveys Phelan Investments : $67,500.00 Crenshaw Corporation: 40, 423.68 Parcel 2 : 0.41 acre being the northwest section of what is known as Block 7, McFaddin Heights Addition in the James Drake Survey Sam 0. Smith and Thad Heartfield $27,500. 00 Phelan Investments 28,500. 00 M. R. Bullington 18,181. 01 Parcel 3 : 0. 52 acre being the northeast section of what is known as Block 7, McFaddin Heights Addition in the James Drake Survey Phelan Investments $31,500. 00 M. R. Bullington 39,826. 01 and, WHEREAS, Phelan Investments submitted the highest bids for parcels 1 and 2 in the amounts of $67,500.00 and $28,500. 00, respectively, and M. R. Bullington submitted the highest bid for parcel 3 in the amount of $39,826. 01 ; and, WHEREAS, the City Council is of the opinion that the bids submitted by Phelan Investments and M. R. Bullington are the highest and best bids and should be accepted; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: THAT the bids of Phelan Investments in the amounts of $67,500. 00 for parcel 1 and $28,500. 00 for parcel 2, and the bid of M. R. Bullington in the amount of $39, 826.01 for parcel 3 are hereby accepted by the City of Beaumont, and the City Manager is hereby authorized to accept payment for same and execute instruments, as specified, transferring title. , -�� �a 7 �! G -�.z 7�b�99 PASSED BY THE CITY COUNCIL of the City of Beaumont this the day of Mayor - 2 -