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05-73 - R TOWN OF PROSPER, TEXAS RESOLUTION NO. 05-73 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS, HEREBY AUTHORIZING THE MAYOR OF THE TOWN OF PROSPER, TEXAS, TO EXECUTE ALL DOCUMENTS NECESSARY TO EXCHANGE THE TOWN'S PROPERTY, BEING LOT 4 OF THE HICKORY CREEK ADDITION IN PROSPER, TEXAS, AND $190,000 FOR THE BUILDING AND REAL PROPERTY AT 121 W. BROADWAY IN PROSPER, TEXAS. 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, is hereby authorized to execute, on behalf of the Town Council of the Town of Prosper, Texas, all documents necessary to exchange the Town's property, being Lot 4 of the Hickory Creek Addition in Prosper, Texas, and $190,000 for the building and real property at 121 W. Broadway in Prosper, Texas. SECTION 2: This Resolution shall take effect immediately upon its passage. RESOLVED THIS THE 13th day of September, 2005. C ar es Niswanger, r ATTEST TO: S anae Denning own Sec