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HomeMy WebLinkAboutRES 94-346 RESOLUTION NO. WHEREAS, an agreement has been negotiated for the acquisition of land for improvements to the Liberty-Laurel Corridor from Eleventh Street to Phelan Boulevard; and, WHEREAS, Conn Development Corporation wishes to exchange the right-of- way out of Parcel 124 and 125 as part consideration for the purchase of Parcel 126 on the Liberty-Laurel III Project; and, NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: THAT the purchase of the following land for improvements to the Liberty-Laurel Corridor from Eleventh Street to Phelan Boulevard be, and the same is hereby, approved: Parcel 126: Being 0.0818 area tract out of the Noah Tevis Survey (205 North 11th Street) Appraised Value: $34,917.00 (Partial Taking) Less Improvements: 0.00 Total Value: $34,917.00 Owner: Conn Development Corporation BE IT FURTHER RESOLVED that the City Manager be and he is hereby authorized to execute a deed conveying the remaining property not required for the right-of-way out of Parcel 124 and 125 to Conn Development Corporation in exchange for the 0.0818 acre tract out of the Noah Tevis Survey, Parcel 126. PASSED BY THE CITY COUNCIL of the City of Beaumont this the / day of _,� , 1994. - Mayor -