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<br /> 16 <br /> ORDINANCE 1984-57 <br /> AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF <br /> SAN MARCOS, TEXAS, APPROVING THE PRICE AND CON- <br /> DITIONS OF THE SALE BY THE CITY OF SAN MARCOS, <br /> TEXAS, OF LOTS NINE ( 9) AND TEN (10) IN BLOCK <br /> TWENTY-SIX (26), VICTORY GARDENS, SECTION TWO <br /> (2), A SUBDIVISION LOCATED IN SAID CITY, TO <br /> BILL BOYD; AUTHORIZING THE MAYOR TO EXECUTE A <br /> WARRANTY DEED TO BILL BOYD AND DECLARING AN <br /> EFFECTIVE DATE. <br /> WHEREAS, the City of San Marcos, Texas, advertised for bids <br />for the sale of Lots Nine ( 9) and Ten (10) in Block Twenty-six <br />(26), Victory Gardens, Section Two (2), a subdivision in the City <br />of San Marcos, Hays County, Texas, according to the map or plat <br />thereof, recorded in Volume 130, Pages 48-52 of the Deed Records <br />of Hays County, Texas, also known as Urban Renewal Parcel No. 40R-4 <br />in the San Marcos Record, a local newspaper with a general circulation <br />in the County of Hays, State of Texas, on March 25, 1984 and March <br />27, 1984; and, <br /> WHEREAS, pursuant to said advertisement a bid was submitted <br />by Bill Boyd for said described property in the amount of five <br />thousand one hundred dollars ($5,100.00); and, <br /> WHEREAS, said bid met the minimum disposition price set for <br />said property by the Urban Renewal Board of Commissioners of the <br />City of San Marcos, Texas on September 8, 1983; and, <br /> WHEREAS, said Board accepted the bid as the highest and best <br />responsible bid for said property on April 4, 1984; and, <br /> WHEREAS, said Board recommends the approval of said purchase <br />price and the approval of the terms and conditions for said sale, <br />as contained in the bid document; now, therefore, <br /> BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS: <br /> SECTION 1. That the terms and conditions of the sale by the <br />City of San Marcos, Texas, of Lots Nine (9) and Ten (10) in Block <br />Twenty-Six (26), Victory Gardens Section Two (2), a subdivision <br />in the City of San Marcos, Hays County, Texas, according to the map <br />or plat thereof, recorded in Volume 130, Pages 48-52 of the Deed <br />Records of Hays County, Texas, also known as Urban Renewal Parcel <br />No. 40R-4, to Bill Boyd are hereby approved. <br /> SECTION 2. That the consideration of five thousand one <br />hundred dollars ($5,100.00) for said property be, and the same is <br />hereby, approved. <br /> SECTION 3. That the purchaser is hereby placed on notice that <br />the subject property is subject to assessment under the provisions <br />of Article 1105b, Texas Revised civil Statutes. <br /> SECTION 4. That the Mayor of the City of San Marcos, Texas, <br />Emmie Craddock, be, and is hereby, authorized to execute a warranty <br />deed to Bill Boyd from the City of San Marcos for said property. <br /> SECTION 5. That this Ordinance shall be in effect ten days <br />from and after its passage and after its publication in a newspaper <br />of general circulation in the area. <br />