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RESOLUTION NO. 2020-223R <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br />MARCOS, TEXAS APPROVING A REAL ESTATE SALES CONTRACT <br />WITH PATRICIA R. MURPHY AND MARY O. BLACK FOR THE CITY TO <br />PURCHASE LOT 1, BLOCK 12 OF THE ORIGINAL TOWN OF SAN <br />MARCOS, LOCATED AT 152 SOUTH GUADALUPE STREET, FOR A PRICE <br />OF $824,000, PLUS ANY ASSOCIATED CLOSING COSTS; APPROVING <br />THE EXECUTION OF SAID CONTRACT BY THE CITY MANAGER, OR <br />HIS DESIGNEE, ON BEHALF OF THE CITY; AUTHORIZING THE CITY <br />MANAGER, OR HIS DESIGNEE, TO EXECUTE ANY RELATED CLOSING <br />DOCUMENTS ON BEHALF OF THE CITY; AND DECLARING AN <br />EFFECTIVE DATE. <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS: <br />PART 1. The attached Real Estate Sales Contract, as amended (the "Contract") is <br />approved. <br />PART 2. The execution of the Contract by the City Manager, or his designee, is <br />approved and the City Manager, or his designee is authorized to execute all related closing documents <br />on behalf of the City. <br />PART 3. This resolution shall be in full force and effect immediately from and after its <br />passage. <br />ADOPTED on October 20, 2020. <br />A <br />5 ne Hughson <br />Mayor <br />Attest: <br />V <br />aminy K: Eok <br />Interim City Clerk <br />