Title
Resolution - A Resolution Authorizing the City Manager to Execute Documents Regarding the Sale or Purchase of Real Property
Requested Action
Approve a resolution designating the City Manager as a signatory of the City of Mansfield regarding real property transactions.
Recommendation
Staff recommends the approval of the Resolution.
Description/History
The Resolution is in the best interest of the City, allowing the City Manager to execute closing documents related to the exchange of real property.
Justification
From time to time the City participates in the exchange of real property. During the closing process at various title companies, Entity Documents are required designating an authorized signatory. This resolution will provide the appropriate documentation authorizing the City Manager to sign closing documents related to the sale or purchase of property.
Funding Source
N/A
Prepared By
Matt Jones, Assistant City Manager