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<br /> 28 <br /> ORDINANCE 1984-40 <br /> AN ORDINANCE OF THE CITY COUNCIL OF THE CITY <br /> OF SAN MARCOS, TEXAS, APPROVING THE PRICE AND <br /> CONDITIONS OF THE SALE BY THE CITY OF SAN <br /> MARCOS, TEXAS, OF PART OF FARM LOT ELEVEN <br /> (11), OUT OF THE J.M. VERAMENDI LEAGUE NO. <br /> ONE (1) IN HAYS COUNTY, TEXAS TO LEE SWIFT; <br /> AUTHORIZING THE MAYOR TO EXECUTE A WARRANTY <br /> DEED TO LEE SWIFT AND DECLARING AN EMERGENCY. <br /> WHEREAS, the City of San Marcos, Texas, advertised for <br />bids for the sale of part of Farm Lot Eleven (11) out of the <br />J.M. Veramendi League No. One ( 1) in Hays County, Texas <br />also known as Urban Renewal Parcels Nos. 23A-5A, 5B, and 5C, <br />in the San Marcos Record, a local newspaper with a general <br />circulation in the County of Hays, State of Texas, on <br />September 11, 1983 and September 13, 1983; and <br /> WHEREAS, pursuant to said advertisement a bid was <br />submitted by Lee Swift for said described property in the <br />amount of twelve thousand dollars ($12,000.00); and, <br /> WHEREAS, said bid met the minimum disposition price set <br />for said property by the Urban Renewal Board of Commissioners <br />of the City of San Marcos, Texas on June 1, 1982; and, <br /> WHEREAS, said Board accepted the bid as the highest and <br />best responsible bid for said property on March 7, 1984; and, <br /> WHEREAS, said Board recommends the approval of said <br />purchase price and the approval of the terms and conditions <br />for said sale, as contained in the bid document; now, <br />therefore, <br /> BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SAN <br />MARCOS, TEXAS: <br /> SECTION 1. That the terms and conditions of the sale by <br />the City of San Marcos, Texas, of part of Farm Lot El even <br />(11) out of the J.M. Veramendi League No. One (1) in Hays <br />County, Texas, which said portion of said Farm Lot is more <br />particularly described by metes and bounds as follows, <br />to-wit: <br /> TRACT A: <br /> 10,656 square feet of land, a part of Farm Lot <br /> No. 11, out of the J.M. Veramendi League No. One <br /> ( 1), in Hays County, Texas described by metes and <br /> bounds as follows, to-wit: <br /> BEGINNING, at an iron stake on the northeast line <br /> of Mitchell Avenue as of record in Volume 46, <br /> Page 448 of the Hays County Deed Records and at <br /> the most southern corner of a tract of land <br /> conveyed by I.B. Strader, Jr., et. al., to Marvin <br /> Merriweather by deed of date March 18, 1946, and <br /> of record in Volume 134, Page 226 of the Hays <br /> County Deed Records, and the most western corner <br /> of a tract of land conveyed by S.B. Barber, <br /> Administrator, to George Smith by deed of date of <br /> February 3, 1942, and of record in Volume 129, <br /> Pages 113-116 of the Hays County Deed Records, <br /> and a one-half undivided interest of the <br /> identical tract of land was conveyed by George <br /> Smith to James Smith by deed of date February 6, <br /> 1942, and of record in Volume 129, Pages 112-113, <br /> of the Hays County Deed Records, <br />