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<br />I <br /> <br />I <br /> <br />I <br /> <br />ORDINANCE NO. 1977 -517 <br /> <br />AN ORDINANCE OF '!BE CITY COUNCIL OF '!BE CIty OF <br />SAN MARCOS, TEXAS, APPROVING '!BE PRICE AND <br />CONDITIONS OF '!BE SAlE BY '!BE CITY OF SAN MARCOS, <br />TEXAS, OF LOT 65 OF '!BE RIVERSIDE ADDITION, ALSO <br />KNOWN AS URBAN RENEWAL PARCEL NO. l'+D-13, LOCATED <br />WITHIN '!BE TEX. A-6, NEIGHBORHOOD REDEVELOPMENT <br />PROGRAM AREA, TO BALTAZAR AND ROSA SAENZ; AUTHORIZ- <br />ING '!BE MAYOR TO EXECUTE A WARRANTY DEED TO BALTAZAR <br />AND ROSA SAENZ; AND DEClARING AN EMERGENCY. <br /> <br />WHEREAS, the City of San Marcos, Texas, advertised for bids for the sale <br />of that certain real property known as Let 65 of the Riverside Addition, <br />also known as Urban Renewal Parcel No. 14D-13, located within the Tex. <br />A-6, Neighborhood Development Program area, in the San Marcos Record, a <br />local newspaper with a general circulation in the County of Hays, Stat'e <br />of Texas; and <br /> <br />WHEREAS, pursuant to said advertisement a bid was submitted by Baltazar <br />and Rosa Saenz for said Let 65 of the Riverside Addition; and <br /> <br />WHEREAS, the said bid met the minimum disposition price set upon said <br />property by the Board of Corrmissioners of the Urban Renewal Agency of <br />the City of San Marcos, Texas; and <br /> <br />WHEREAS, the said Board accepted the bid as the highest and best responsible <br />bid for said property by a motion duly passed on November 1, 1977, after <br />the bid opening of November 1, 1977; and <br /> <br />WHEREAS, said motion also approved the teTIJ1S and conditions for the sale <br />of the said property and recorrmended the approval of said purchase pri.ce <br />and the approval of the terms and conditions for the sale, as contained in <br />the bid documents, by the City Council of the City of San Marcos, Texas; and <br /> <br />WHEREAS, the aforementioned bid and proposed use set forth in said bid and <br />the sales teTIJ1S and conditions pertinent thereto conform to the Redevelopment <br />Plan for the development of the City as a whole; now, therefore, <br /> <br />BE IT ORDAINED BY '!BE CITY COUNCIL OF '!BE CITY OF SAN MARCOS, TEXAS: <br /> <br />Section 1. That the terms and conditions of the sale by the City of <br />San Marcos, Texas, of Let 65 of the Riverside Addition, also known as <br />Urban Renewal Parcel No. 14 D-13, to Baltazar and Rosa Saenz, are hereby <br />approved. ' <br /> <br />Section 2. That the consideration for the sale for said property being <br />$3,125.00 for 7,812.50 square feet is hereby approv~d. <br /> <br />Section 3. That the sale by the City of San Marcos is made subj ect to <br />restrictions of the Redevelopment Plan for the Tex. A-6, Neighborhood <br />Development Program, as approved and amended, said plan in on file and <br />is available for inspection in the Office of the Director of Corrrnunity <br />Development of the City of San Marcos. <br /> <br />Section 4. That the conditions of the disposition documents, including <br />the Deed and Contract for Sale for Private Redevelopment, are on file <br />and are available for inspection in the Office of the Director of <br />Corrmunity Development of the City of San Marcos. <br /> <br />Sect ion 5. That the purchaser is hereby placed on notice that the SU)j ect <br />property is subject to assessment under the provisions of Article 1l05b <br />of the Revised Civil Statutes of the State of Texas. <br /> <br />Section 6. That the Mayor of the City of San Marcos, Texas, is hereby <br />authorized to execute a warranty deed to Baltazar and Rosa Saenz from <br />the City of San Marcos, for all that real property known as Let 65 of <br />the Riverside Addition, also known as Urban Renewal Parcel No. 14D-13, <br />located within the Tex. A-6, Neighborhood Development Program. <br /> <br />Section 7. That the importance of this Ordinance creates an emergency <br />and an imperative purpose necessary that the provisions of the Charter <br />requiring all ordinances be read at three separate meetings and that no <br />ordinance shall become effective until the expiration of 10 days <br />following the date of its final passage, be suspended, and this provision <br />