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12-53 - RORIGINAL TOWN OF PROSPER, TEXAS RESOLUTION NO. A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS, AUTHORIZING THE MAYOR OF THE TOWN OF PROSPER, TEXAS, OR HIS DESIGNEE, TO EXECUTE THE REAL ESTATE PURCHASE CONTRACT, BY AND BETWEEN THE TOWN OF PROSPER, TEXAS AND SEXTON FARMS, LTD., A TEXAS LIMITED PARTNERSHIP, AND TO TAKE ALL ACTIONS NECESSARY TO EFFECTUATE THE SAME, INCLUDING WITHOUT LIMITATION, THE EXECUTION OF ANY AND ALL OTHER DOCUMENTS RELATED THERETO; AND PROVIDING AN EFFECTIVE DATE. NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS: SECTION 1. The Mayor of the Town of Prosper, Texas, or his designee, is hereby authorized to execute the Real Estate Purchase Contract, by and between the Town of Prosper, Texas and Sexton Farms, Ltd., a Texas limited partnership, a copy of which is attached hereto as Exhibit "A" and incorporated herein for all purposes, and to take all actions necessary to effectuate the same, including without limitation, the execution of any and all other documents related thereto. SECTION 2. This Resolution is effective immediately upon its passage. DULY PASSED AND APPROVED BY THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS on this _4o:t'day of Jam, 2012. RAY SMIIJH, Mayor ATTEST TO: Amy Piuk a, lown Secretary OF PLO°''`® t e •O• � % e s, i• i �' • • • • • a esabl' �®1��� Sexton Real Estate Purchase Contract 6122W Pagel of 33