HomeMy WebLinkAboutR2004-035A RESOLUTION OF THE CITY OF DENTON, TEXAS, APPROVING THE ACQUISITION
OF REAL PROPERTY BY THE DENTON CENTRAL APPRAISAL DISTRICT
COMMONLY KNOWN AS 3901 MORSE STREET, DENTON, TEXAS 76208; AND
PROVIDING AN EFFECTIVE DATE.
WHEREAS, Section 6.051, TEX. TAX CODE (the "Code") authorizes the Board of
Directors of an appraisal district to purchase real property and improvements as necessary to
establish and operate the appraisal office; and
WHEREAS, the Board of Directors of the Denton Central Appraisal District ("District")
have delivered a copy of their resolution to the City of Denton ("City") setting forth the District's
proposal to purchase real property situated in Denton County, Texas, known as 3901 Morse
Street, Denton, Texas 76208 (the "Property"), a copy of which is attached hereto and made a part
hereof as Exhibit "A"; and
WHEREAS, the Board of Directors of the District have also delivered to the City
information showing the costs of available alternatives to purchase the Property, a copy which is
attached hereto and made a part hereof as Exhibit "B"; and
WHEREAS, the Code requires that an appraisal district's purchase of such real property
and improvements be approved by three-fourths of the taxing units entitled to vote on the
appointment of board members; and
WHEREAS, the Code authorizes the following action; NOW, THEREFORE,
THE COUNCIL OF THE CITY OF DENTON HEREBY RESOLVES:
SECTION 1. The District's proposal to acquire the Property is hereby approved
SECTION 2. This Resolution shall become effective immediately upon its passage and
approval.
PASSED AND APPROVED this the ~2~L)~/~ day of ~~ ,2004.
EULINE BROCK, MAYOR
ATTEST:
JENNIFER WALTERS, CITY SECRETARY
Exhibit A
STATE OF TEXAS §
COUNTY OF DENTON §
RESOLUTION OF THE DE,Ny. ON CENTRAL APPRAISAL DISTRICT
WItEREAS, § 6.051, TEX. TAX CODE authorizes the Board of Directors of an appraisal
district to purchase or lease real property and construct or renovate a building or other
improvements as necessary to establish and operate ttie appraisal office.
WHEREAS, the Board of Directors of the Denton Central Appraisal District desires to
purchase real property situated in Denton County, Texas, at 3901 Morse Street the purposes of
operating its appraisal office thereon.
WHEREAS, the referenced provisions of the Texas Property Tax Code authorize the
following action:
NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Denton
Central Appraisal DisU-ict
RESOLVED, that the Denton Central Appraisal District is authorized to purchase the real
property and improvements located 3901 Morse Street, Denton County, Texas 76201. The
offering price on the properly is $ 865~000.
RESOLVED, that the Board of Directors of the Denton Central Appraisal District shall
notify the presiding officer of each taxing unit entitled to vote on the approval of the proposal
by delivering a copy of the board's resolution together with infomaatlon showing the costs of
other available alternatives to the proposal.
RESOLVED, that tiffs Resolution is for purposes of obtalrdng the required approval of each
taxing unit entitled to vote on thc approval of tile proposal and that the passage of this
resolution does not constitute acceptance of any bids submitted by my entities in anticipation
of ~l~e purchase of the propert~ and construction o£impro¥cments thereon.
RE$OLVI~D, that Chairman of the Bo/rd of Directors of the Denton Central Appraisal
District is hereby attthorized to execute any necessary documents, agreements, or contracts to
carry out the terms and eollditions oftlfis Resolution.
ssm ~?~OWD, ~]) ,~r, ov~r~o t~s ~/~d,y o~ ~ ,
2004.
ATTEST:
CHAIRMAN OF THE BOARD OF ])IR. ECTORS
Denton Central Appraisal D/strict
Exhibit B
ALTERNATIVES TO PURCHASE
Denton CAD is proposing to purchase 3901 Morse Street, Denton, Texas 76208. This site is improved with
a 15,000 + square foot building and is in the vicirfity of the Denton CAD facility at 3911 Morse St.
Alternative 1 - Moving out of 3911 Morse Street to a larger building
No other properties were reviewed. Continuing at the currm~t address and the central location of the
property 'were the primary reasons.
Alternative 2 - Purchase of land and construction of similar size
building as 3901 Morse in immediate area of 3911 Morse
Cost estimates are from an appraisal made on 3901 Morse Street
Cost Estimates
15,8 ~ 0 SF building $948,600
Other site improvemenB$138,500
Similar size land $158,500
Total $1,245,600