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Res 2014-113/Approving a contract with Aurelius, Ltd., a Texas Limited Partnership, for the City to purchase approximately 6.97 acres of land, being part of Farm Lots 25 and 26 out of the Original Town of San Marcos and located along Cm Allen Parkway at
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Res 2014-113/Approving a contract with Aurelius, Ltd., a Texas Limited Partnership, for the City to purchase approximately 6.97 acres of land, being part of Farm Lots 25 and 26 out of the Original Town of San Marcos and located along Cm Allen Parkway at
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1/22/2015 3:49:49 PM
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8/26/2014 9:58:01 AM
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Resolutions
City Clerk - Type
Approving
Number
2014-113
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 <br />below and is effective on the date ( "Effective Date ") of the last of the signatures by Seller and <br />Buyer as parties to this contract and by Title Company to acknowledge receipt of the Earnest <br />Money. Buyer must deliver the Earnest Money to Title Company and obtain Title Company's <br />signature before the Earnest Money Deadline provided in section A. 1. for this contract to be <br />effective. <br />Seller: Aurelius, Ltd., a Texas limited partnership <br />Address: 103 West Laurel Lane, San Marcos, Hays County, TX 78666 <br />Phone: 512.557.0204 <br />E -mail: jnmeeks @gmail.com <br />Buyer: City of San Marcos <br />Address: 630 E. Hopkins St. San Marcos, TX 78666 <br />Phone: 512.393.8130 <br />E -mail: saguirre @sanmarcostx.gov <br />Property: 6.97 acres of land, more or less, being part of Farm Lot 25 and 26 of the Original <br />Town of San Marcos, Hays County, Texas, as more fully described in Exhibit A <br />( "Land "), together with any improvements. <br />Title Company: Corridor Title Co. <br />Address: 133 West San Antonio Street, San Marcos, TX 78666 <br />Phone: 512.392.8910 <br />Fax: 512.392.8913 <br />Purchase Price: $1,000,000.00 <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 />
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