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Resolution 2006-13 RESOLUTION NO. 2006-13(R) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WYLIE, TEXAS, HEREBY AUTHORIZING THE BOARD OF DIRECTORS OF THE CENTRAL APPRAISAL DISTRICT OF COLLIN COUNTY TO ESTABLISH AN APPRAISAL OFFICE, BY LAND PURCHASE AND CONSTRUCTION, TO BE LOCATED AT THE NORTHEAST CORNER OF ELDORADO PARKWAY AND COLLEGE STREET, MCKINNEY, TEXAS IN AN AMOUNT NOT TO EXCEED $6, 650,000. WHEREAS, 6.051(a) of the Texas Property Tax Code authorizes the Board of Directors to establish an appraisal office, by purchase, lease of construction of improvements as necessary; and WHEREAS, The Board of Directors of the Central Appraisal District of Collin County passed a resolution on April 5, 2006, awarding a contract to Cornerstone Development in the amount not to exceed $6,650,000, for the purchase of 8.22 acres with a new, to be constructed office building, located at the northeast comer of Eldorado Pkwy and College St., McKinney. The Board of Directors resolution, in accordance with 6.051(b) of the Texas Property Tax Code, made the contract award subject to approval by three fourths of the voting taxing units within the appraisal district; and WHEREAS, The Board of Directors resolution, in accordance with 6.051 (b) of the Texas Property Tax Code, made the contract award to Cornerstone Development subject to approval by three fourths of the voting taxing units within the appraisal district. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WYLIE, TEXAS: SECTION 1: That the City Council of the City of Wylie, Texas APPROVES the real estate transaction requested by the Board of Directors of Central Appraisal District of Collin County as passed in their resolution dated April 5, 2006. Resolution 2006-l3(R) CCCAD-Building Construction I DULY PASSED AND APPROVED this 9th day of May, 2006. ,,"""""" JOHN'4L "" 0 F '"~ 11111 " _\ YV I~ 'I' ,'~", ........ r / ~ ~ .", ... ... ~ "" '" '- , g. .. ...... ~ ~ ~ r \. .. .. \ . - ~ .. '-..J. e..~ . .... ~~ [ S' E' AL ~ ~ -. .. .- ;~.~.:~ ~ . .- . .", e. ."'::: H, CIty Secre~ ~.............., ~ .f '/111 YL IE It..'/-.'?-,,''' III ' ", 111/1111\\\\ ATTEST TO: Resolution 2006-l3(R) CCCAD-Building Construction 2