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<br />ORDINANCE NO. 1977 - 39'
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<br />AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
<br />SAN MARCOS, TEXAS, APPROVING THE PRICE AND TERMS
<br />OF THE SALE BY THE CITY OF SAN MARCOS, TEXAS, OF
<br />PARCEL NO. 17D-S, BEING MORE PARTICU~ARLY IDESCRIBED
<br />ON EXHIBIT "A" ATTACHED HERETO, LOCATED WITHIN THE
<br />TEX. A-6, NEIGHBORHOOD DEVELOPMENT PROGRAM;AREA,
<br />TO ISAAC R. MENDEZ AND WIFE, MARY MENDEZ, AUTHORIZING
<br />THE MAYOR TO EXECUTE THE DEED, AND DECLARING AN
<br />EMERGENCY.
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<br />WHEREAS, the City of San Marcos, Texas advertised for bids for the
<br />sale of that certain real property known as Parcfll No. l7D-S and
<br />described more fully on Exhibit "A" attached hereto, located within
<br />the Tex. A-6, Neighborhood Development Program area, in the San Marcos
<br />Record, a local newspaper with a general circulation within tne>------
<br />County of Hays, State of Texas; and
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<br />WHEREAS, pursuant to said advertisement, a bid was submitted by
<br />Isaac R. Mendez and wife, for said Parcel No. 17D-S'; and
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<br />WHEREAS, the said bid met the minimum disposition price set upon
<br />said property by the Board of Commissioners of the jUrban Renewal
<br />Agency of the City of San Mareos, Texas; and
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<br />WHEREAS, the said Board accepted the bid as the highest and best
<br />responsible bid for said property by a Resolution duly passed on
<br />October 5, 1976, after the bid opening of October 51, 1976; and
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<br />WHEREAS, said Resolution also approved the terms and conditions for
<br />the sale of the said property and recommended thecapproval of said
<br />purchase price and the approval of therterms and conditions for the
<br />sale, as contained in the bid documents, by the City Council of the
<br />City of San Marcos, Texas; and
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<br />WHEREAS, the aforementioned bid and proposed use set forth in said
<br />bid and the sales terms and conditions pertinent thereto conform
<br />to the Redevelopment Plan for the Tex. A-6, Neighborhood Development
<br />Program, and conformtto the plan for the development of the City as
<br />a whole; now, there fore,
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<br />BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS:
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<br />Section 1. That the terms and conditions of the sale by the City of
<br />San Marcos, Texas of Parcel No. 17D-5 within the Tex. A-6, Neighborhood I
<br />Development Program area, and more fully described on Exhibit "A"
<br />attached hereto, to Isaac R. Mendez and wife, Mary Mendez, are hereby
<br />approved.
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<br />Section 2. That the consideration for the sale for said property
<br />being $2,300.00 for 7,812 square feet is hereby approved.
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<br />Section 3. That the sale by the City of San Marcos is made subject
<br />to restrictmons of the Redevelopment Plan for the Tex. A-6, Neighbor-
<br />hood Development Program, as approved and amended; said plan is on
<br />file and is available for inspection in the Office of the Director
<br />of Community Development of the City of San Marcos.
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<br />Section 4. That the conditions of the disposition documents, including
<br />the Deed and Contract of Sale for Private Redevelopment, are on file
<br />and are available for inspection in the Office of the Director of
<br />Community Development of the City of San Marcos,
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<br />Section 5. The purchaser is hlneby placed on notice that the subj ect
<br />property is subject to assessment under the provisions of Article
<br />1105b of the Revised Civil Statutes of the State of Texas.
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