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Res 2021-138/approving an agreement with the Icon Properties Ltd. providing for the City to purchase an approximately 2,992 square foot portion of land out of 1102, 1104 & 1106 Academy Street for a price of $80,000.00, together with associated closing cos
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Res 2021-138/approving an agreement with the Icon Properties Ltd. providing for the City to purchase an approximately 2,992 square foot portion of land out of 1102, 1104 & 1106 Academy Street for a price of $80,000.00, together with associated closing cos
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8/25/2021 10:23:09 AM
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8/25/2021 10:21:09 AM
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City Clerk - Document
Resolutions
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Agreement
Number
2021-138
Date
8/3/2021
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RESOLUTION NO. 2021-138R <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br />MARCOS, TEXAS APPROVING AN AGREEMENT WITH ICON <br />PROPERTIES LTD. PROVIDING FOR THE CITY TO PURCHASE AN <br />APPROXIMATELY 2,992 SQUARE FOOT PORTION OF LAND OUT OF <br />1102, 1104 AND 1106 ACADEMY STREET FOR A PRICE OF $80,000.00, <br />TOGETHER WITH ASSOCIATED CLOSING COSTS, IN CONNECTION <br />WITH THE SESSOM/ACADEMY DRAINAGE AND INFRASTRUCTURE <br />IMPROVEMENTS PROJECT; AUTHORIZING THE CITY MANAGER, <br />OR HIS DESIGNEE, TO EXECUTE SAID AGREEMENT; AND <br />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 Purchase Agreement is hereby approved. <br />PART 2. The City Manager, or his designee, is hereby authorized to sign said <br />agreement on behalf of the City. <br />PART 3. This resolution shall become effective immediately from and after its <br />passage. <br />ADOPTED on August 3, 2021. <br />Ck <br />Vane Hughson <br />Mayor <br />Attest: <br />Tammy K. ook <br />'interim City City Clerk <br />
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