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Authorizing Purchase Of Property
It is resolved that:
1. Authorization. That [name], the President of the corporation (Corporation), is authorized to buy land from [name], residing at [address] (Owner), for Corporation.
2. Property. This land is located at [address] in [city, county, state]. The land is described as follows: [description].
3. Consideration. The purchase price for this land is to be ........ dollars ($........).