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05081967 Regular Meeting
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05081967 Regular Meeting
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City Clerk
City Clerk - Document
Minutes
City Clerk - Type
Regular Meeting
Date
5/8/1967
Volume Book
34
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<br />I <br /> <br />I <br /> <br />I <br /> <br />RES 0 L UTI 0 N <br /> <br />A RESOLUTION AUTHORIZING THE EXCHANGE OF TRACTS OF LAND BY <br />AND BETWEEN THE CITY OF SAN MARCOS ON THE ONE HAND AND THE SAN <br />MARCOS BAPTIST ACADEMY ON THE OTHER, SUCH EXCHANGE TO INVOLVE <br />NO ADDITIONAL CONSIDERATION OTHER THAN SUCH TRACTS THEMSELVES, TO <br />BE CONSUMMATED AT THE EARLIEST PRACTICABLE DATE AND TO BE SUBJECT <br />TO RESERVATION IN CITY OF SAN MARCOS OF USE OF AND ACCESS TO <br />WATER RESERVOIR. <br /> <br />I. <br />BE IT RESOLVED by the City Council of the City of San Marcos <br />that the City of San Marcos exchange with the San Marcos Baptist <br />Academy the two (2) tracts of land owned by the City of San Marcos, <br />herein called "FIRST TRACT" and "SECOND TRACT", for the tract of <br />land, herein called "THIRD TRACT", owned by the San Marcos Baptist <br />Academy; that such exchange shall be of land for land, that is, <br />of two tracts for the other tract, and neither party shall pay to <br />the other any money or other valuable consideration; that such <br />exchange shall be consummated at the earliest practicable date; <br />that the City of San Marcos shall reserve in the deed from it <br />covering FIRST TRACT and SECOND TRACT full rights of use and access <br />to the water reservoir presently located upon the said FIRST TRACT <br /> <br /> <br />for a period of five (5) years from the date of such exchange, or <br /> <br /> <br />until the completion by the City of San Marcos of a water reservoir <br /> <br /> <br />upon said THIRD TRACT, whichever event first occurs. <br /> <br /> <br />II. <br /> <br /> <br />BE IT FURTHER RESOLVED that Ellis Serur, Mayor of the City <br /> <br /> <br />of San Marcos, a municipal corporation, be, and he is hereby autho- <br /> <br /> <br />rized and directed to execute, acknowledge and deliver the deed of <br /> <br /> <br />conveyance to the San Marcos Baptist Academy of the said FIRST TRACT <br /> <br /> <br />and SECOND TRACT, and to accept delivery from the San Marcos <br />
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