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Res 2022-202R Approving a contract with 111 MLK Developement , LLC for the approximately 1.03 acres of Land at 111 East Martin Luther King Drive and its intersection with LBJ
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Res 2022-202R Approving a contract with 111 MLK Developement , LLC for the approximately 1.03 acres of Land at 111 East Martin Luther King Drive and its intersection with LBJ
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10/12/2022 10:28:59 AM
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i <br /> VERITAS TITLE <br /> EARNEST MONEY RECEIPT <br /> GF#: 22006974 <br /> PURCHASER: CITY OF SAN MARCOS <br /> SELLER: 111 MLK DEVELOPMENT,LLC <br /> PROPERTY: 111 EAST MARTIN LUTHER KING DR, SAN MARCOS, TEXAS <br /> Veritas Title Partners, L.P., Escrow Agent, hereby acknowledges receipt of $49,900.00 in the <br /> form of a wire representing Earnest Money, under the foregoing contract to be held by it in <br /> escrow (the "Contract'). Escrow agent is not a party to the Contract, does not assume and shall <br /> not be under any liability for the performance or non-performance of any party to the Contract, <br /> and may at its option require written receipt, release and/or authorization of all parties to the <br /> Contract before paying the Earnest Money deposit to any party. Escrow Agent shall not be liable <br /> for any interest or other charge on the Earnest Money deposit and shall be under no duty to <br /> invest or re-invest funds held by it at any time unless otherwise agreed in writing. <br /> VERITAS TITLE PARTNERS, L.P. <br /> (ESCROW AGENT) <br /> Date: July 1,2022 <br /> BY: DLavv&Mvwwnu <br /> Diane Murphy <br /> VERITAS TITLE PARTNERS, L.P. <br /> 4200 Westheimer Rd, Suite 150 Houston, Texas 77027 TEL (713) 482-2800 FAX (713) 482-2840 <br />
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