Laserfiche WebLink
RESOLUTION NO. 2018-57R <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br />MARCOS, TEXAS APPROVING AN AGREEMENT OF SALE WITH THE <br />TRUST FOR PUBLIC LAND FOR THE CITY TO PURCHASE <br />APPROXIMATELY 151 ACRES OF LAND FOR THE THIRD AND FINAL <br />ACQUISITION OUT OF THE WILDENTHAL TRACT AT A COST TO THE <br />CITY OF $2,265,368, SUBJECT TO THE AWARD TO THE CITY OF <br />FEDERAL GRANT FUNDS FROM THE TEXAS PARKS AND WILDLIFE <br />DEPARTMENT FOR SUCH PURCHASE; AUTHORIZING THE <br />EXTENSION OF ANY FEDERAL GRANT RESTRICTIONS TO THE <br />ABUTTING APPROXIMATELY 52 ACRES ACQUIRED IN PHASE TWO; <br />AUTHORIZING THE CITY MANAGER TO EXECUTE SAID AGREEMENT <br />AND RELATED CLOSING DOCUMENTS ON BEHALF OF THE CITY; <br />AND DECLARING AN EFFECTIVE DATE. <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS: <br />PART 1. The attached Agreement of Sale between the Trust for Public Land and the <br />City of San Marcos (the "Agreement") is hereby approved. <br />PART 2. The City Manager is authorized to execute the Agreement and all related <br />closing documents on behalf of the City. <br />PART 3. The grant restrictions associated with the award of grant funds from the <br />United States Department of the Interior, through the Texas Parks and Wildlife Department, for the <br />purchase of the property subject to the Agreement may be applied to the abutting approximately 52 <br />acres of land acquired through the Phase Two acquisition out of the Wildenthal Tract. <br />PART 4. This Resolution shall be in full force and effect immediately from and after <br />its passage. <br />ADOPTED on April 17, 2018. <br />Jo bo.wd,, <br />Mayor <br />Attest: <br />tL' <br />Case <br />