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Ord 2020-032/annexing into the City approximately 9.61 acres of land, generally located in the 400 Block of Centerpoint Road
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Ord 2020-032/annexing into the City approximately 9.61 acres of land, generally located in the 400 Block of Centerpoint Road
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6/16/2020 10:30:45 AM
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6/16/2020 10:17:28 AM
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City Clerk
City Clerk - Document
Ordinances
City Clerk - Type
Annexing
Number
2020-32
Date
6/2/2020
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SECTION 6. If any word, phrase, clause, sentence, or paragraph of this ordinance is held <br />to be unconstitutional or invalid by a court of competent jurisdiction, the other provisions of this <br />ordinance will continue in force if they can be given effect without the invalid portion. <br />SECTION 7. All ordinances and resolutions or parts of ordinances or resolutions in <br />conflict with this ordinance are repealed. <br />SECTION 8. This ordinance shall not be effective unless and until the date (the "Effective <br />Date") that all of the following conditions (the "Conditions") have been satisfied: (i) this ordinance <br />is finally passed, approved and adopted on second reading, and (ii) Outlet West Investors, Ltd. has <br />conveyed fee title to the Property to CBTX Capital, LLC, or its permitted assigns, pursuant to that <br />certain Commercial Contract — Unimproved Property between Outlet West Investors, Ltd. and <br />CBTX Capital, LLC with an effective date of November 22, 2019, as such contract may be <br />amended. In the event that all the Conditions have not been fully satisfied by April 2, 2021, then <br />this ordinance shall be null and void and of no further force or effect. <br />PASSED AND APPROVED on first reading on May 19, 2020. <br />PASSED, APPROVED AND ADOPTED on second reading on June 2, 2020. <br />04. <br />Interim'C'rt-v Clerk <br />k56y'l-, <br />"ane h s o 1n <br />Mayor <br />Approved: <br />Mic a e I iCosentino <br />City Attorney <br />
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