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Res 2014-112/Approving a contract with Jackson Chapel United Methodist Church for the City to purchase approximately 3.001 acres of land at 1400 Wonder World Drive near the intersection of State Highway 123 at a price of $522,894.00 for the location of a
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Res 2014-112/Approving a contract with Jackson Chapel United Methodist Church for the City to purchase approximately 3.001 acres of land at 1400 Wonder World Drive near the intersection of State Highway 123 at a price of $522,894.00 for the location of a
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1/22/2015 4:01:24 PM
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8/26/2014 9:55:32 AM
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City Clerk - Document
Resolutions
City Clerk - Type
Approving
Number
2014-112
Date
8/19/2014
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Real Estate Sales Contract <br />This contract to buy and sell real property is between Seller and Buyer as identified below <br />and is effective on the date ("Effective Date ") of the last of the signatures by Seller and Buyer as <br />parties to this contract and by Title Company to acknowledge receipt of the Earnest Money. <br />Buyer must deliver the Earnest Money to Title Company and obtain Title Company's signature <br />before the Earnest Money Deadline provided in section A.]. for this contract to be effective. <br />Seller: Jackson Chapel United Methodist Church <br />Address: P.O. Box 109, San Marcos, TX 78667 <br />Phone: 512.749.9575 <br />E -mail: <br />Buyer: City of San Marcos <br />Address: 6' )0 E. Hopkins St. San Marcos, TX 78666 <br />Phone: 512.393.8130 <br />E -mail: saguirre@sanmarcostx.gov <br />Property: Lot ]A, Jackson Chapel Addition, comprised of approximately 3.001 acres of <br />land, more or less and addressed as 1400 Wonder World Drive, San Marcos, Hays <br />County, Texas 78666, together with any improvements. <br />Title Company: Independence Title Co. <br />Address: 113 North Guadalupe Street, San Marcos, TX 78666 <br />Phone: 512.392.1 271 <br />Purchase Price: $522,894.00 <br />Earnest Money: $1,000.00 <br />Buyer's Liquidated Damages: $1,000.00 <br />Seller's Additional Liquidated Damages: $1,000.00 <br />County for Performance: Hays County, Texas <br />A. Deadlines and Other Dates <br />
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