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<br /> 81 <br /> RESOLUTION 1985-5R <br /> A RESOLUTION OF THE CITY COUNCIL OF THE <br /> CITY OF SAN MARCOS, TEXAS, APPROVING THE <br /> TERMS AND CONDITIONS OF A PROPOSED <br /> CORNERSTONE TRUST AGREEMENT BETWEEN <br /> INDIFREE INVESTMENTS, INC., TRUSTEE, AND <br /> SAID CITY, TRUSTOR, OF THE ORIGINAL <br /> CORNERSTONE REMOVED FROM THE "OLD FIRE <br /> HOUSE AND CITY HALL" ON GUADALUPE STREET <br /> IN SAID CITY; AUTHORIZING THE MAYOR TO <br /> EXECUTE SAID AGREEMENT ON BEHALF OF SAID <br /> CITY; DIRECTING THE CITY MANAGER TO MAKE <br /> SAID CORNERSTONE AVAILABLE TO THE TRUSTEE <br /> UPON THE EXECUTION OF SAID AGREEMENT BY <br /> ALL PARTIES; AND DECLARING AN EFFECTIVE <br /> DATE. <br /> WHEREAS, Indifree Investments, Inc. has purchased that <br /> certain real property with improvements located on Guadalupe <br /> Street in San Marcos, Hays County, Texas, known as the "Old <br /> Fire House and City Hall"¡ and, <br /> WHEREAS, in the course of rehabilitating and remodeling <br /> said building, Indifree Investments, Inc. desires to acquire <br /> the original cornerstone removed therefrom by said City upon <br /> its vacation of said building¡ and, <br /> WHEREAS, the City Council of said City feel s the <br /> restoration of said cornerstone of said building is <br /> appropriate in conjunction with the rehabilitation of said <br /> building and property¡ now, therefore, <br /> BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN <br /> MARCOS, TEXAS: <br /> PART 1. That the terms and conditions of that <br /> proposed Cornerstone Trust agreement between Indifree <br /> Investments, Inc., Trustee, and the City of San Marcos, <br /> Trustor, a copy of which is attached hereto and incorporated <br /> herein for. all purposes, for the granting, in trust, of the <br /> original cornerstone removed from the "Old Fire House and <br /> City Hall" on Guadalupe Street in said City, are hereby in <br /> all things approved. <br /> PART 2. That the Mayor, Emmie Craddock, be, and she <br /> is hereby, authorized to execute said agreement on behalf of <br /> said City. <br /> PART 3. That the City Manager, A. C. Gonzalez, be, <br /> and he is hereby, directed to make said cornerstone <br /> available to the Trustee upon the execution of said <br /> agreement by all parties. <br /> PART 4. That this Resolution shall be in full force <br /> and effect from and after its passage. <br /> ADOPTED this 28 day of January , 1985. <br /> L &. <br /> Emmie Craddock <br /> Mayor <br /> Attest: <br /> of lMJi ~ÆI! Øf& ~(UJJ <br /> Janis K. Womack <br /> City Secretary <br />