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Agenda Item Action Request Apex Town Council CONSENT AGENDA No. 17 Meeting Date: 06/03/2014 Requestor: Bruce A. Bradford, Town Manager Presenter(s): Henry C. Fordham, Jr., Town Attorney Item Description
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How to fill out resolution authorizing sale and

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How to Fill Out Resolution Authorizing Sale and:

01
Start by gathering all necessary information and documents related to the sale, including the details of the property or asset being sold, the agreed-upon price, and any relevant contracts or agreements.
02
Begin the resolution by clearly stating the purpose and intent of the document, which is to authorize the sale of the mentioned property or asset. Use concise and specific language to avoid any ambiguity.
03
Include the names and positions of the individuals or entities involved in the resolution. This typically includes the names of the company or organization approving the sale, as well as the names of any individuals with the authority to sign and execute the resolution.
04
Specify the date and location where the resolution is being passed. This helps establish the validity and timeline of the resolution.
05
Clearly outline the details of the sale, including the property or asset being sold, its current ownership, the agreed-upon price, and any terms or conditions associated with the sale.
06
Include any necessary authorizations or consents required for the sale. For example, if the property is owned jointly, ensure that all owners are named and have provided their consent to the sale.
07
If applicable, include any additional provisions, such as escrow instructions or closing instructions, that may be required for the completion of the sale.

Who Needs Resolution Authorizing Sale and:

01
Companies or organizations that are planning to sell property, assets, or shares often require a resolution authorizing the sale. This is to ensure that the sale has been properly approved and authorized by the relevant parties within the company.
02
Individuals or entities seeking to purchase property or assets may also require a resolution authorizing the sale. This provides them with the assurance that the sale has been approved by the appropriate authorities and is valid.
03
Additionally, banks, financial institutions, or lenders that are providing financing for the sale may request a resolution authorizing the sale. This is to protect their interests and ensure that the sale has been properly authorized.
In summary, filling out a resolution authorizing sale and involves gathering relevant information, clearly stating the purpose and intent, including necessary authorizations and details of the sale, and specifying the involved parties. Companies, individuals, and financial institutions may all require a resolution authorizing the sale to ensure proper authorization and validity.
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Resolution authorizing sale is a formal document that gives the authorization or approval to sell a particular asset.
The Board of Directors or shareholders of a company are required to file resolution authorizing sale.
Resolution authorizing sale can be filled out by including details such as the asset being sold, the reason for the sale, and the authorization signature.
The purpose of resolution authorizing sale is to provide formal approval for the sale of an asset and ensure that the sale is conducted in a legally compliant manner.
The resolution authorizing sale must include details of the asset being sold, the reason for the sale, the parties involved, and the authorization signature.
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