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RESOLUTION 2008-93R <br />• A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF <br />SAN MARCOS, TEXAS, APPROVING THE SALE OF A TRACT <br />OF PROPERTY LOCATED AT 1001 GRAVEL STREET BY <br />SMCISD, TRUSTEE TO J.W. CONCEPTS, INC.; AND <br />DECLARING AN EFFECTIVE DATE. <br />RECITALS: <br />1. The San Marcos Consolidated Independent School District ("SMCISD"), as trustee for all <br />local taxing units, is the owner of the tract of property at 1001 Gravel Street (the "Property")through <br />a sheriff s sale of the Property for unpaid taxes. <br />2. SMCISD has received an offer of $4,000 for the Property from Mr. Jonathan Winkleman, <br />president of J.W. Concepts, Inc., which is less than the amount of taxes owed on the Property, and <br />less than the appraised value of the Property according to the Hays County Appraisal District. <br />3. The SMCISD Board of Trustees has approved the sale of the Property for this bid, and the <br />Hays County Tax Assessor-Collector has forwarded the bid to the City Council for consideration. <br />4. City approval of the bid is necessary for the sale since the bid is for less than the amount <br />of taxes owed on the property. <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS: <br />PART 1. The sale of the Property by SMCISD, Trustee to J.W. Concepts, Inc. for $4,000 is <br />approved. <br />• PART 2. The Mayor, Susan Narvaiz, is authorized to execute a deed for this sale on behalf <br />of the City of San Marcos. <br />PART 3. This Resolution shall be in full force and effect from and after its passage. <br />Susan Nar a <br />Mayor <br />Attest: <br />l~~/w~-- <br />Sherry Mas rn <br />City Clerk <br />ADOPTED on the 1 S` day of July 2008. ~ ^ /L <br />cil II~~,,E~•~, <br />v iz <br />u <br />