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<br />ORDINANCE NO. 1976 - l7
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<br />AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS,
<br />APPROVING THE PRICE AND CONDITIONS OF THE SALE BY THE URBAN RENEWAL
<br />AGENCY OF THE CITY OF SAN MARCOS, TEXAS, OF PARCEL NO. 16D-3 (SEE
<br />. LEGAL READING), LOCATED WITHIN THE JUAN VERAMENDI PROJECT, N. D. P.
<br />TEX. A-6, TO IRENE NOAH; AND DECLARING AN EMERGENCY.
<br />
<br />WHEREAS, the Urban Renewal Agency of the City of San Marcos, Texas, advertisE,d for
<br />bids for the sale of certain property available for disposition within its J1;,an
<br />Veramendi Urban Renewal Project, N.D.P.Tex. A-6, in the San Marcos Record, a local
<br />newspaper with a general circulation within the City of San Marcos, Hays County,
<br />Texas; and
<br />
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<br />WHEREAS, pursuant to said advertisement there was a bid submitted by Irene Noah
<br />for all of Parcel No. 16D-3 within said project; and
<br />
<br />WHEREAS, the said bid met the minimum disposition price set upon said property by
<br />the Agency; and
<br />
<br />WHEREAS, said bid was accepted by the Board of Commissioners of the Urban Renewal
<br />Agency of the City of San Marcos, Texas, after the bid opening of May 4, 1976, and
<br />by a Resolution duly passed on May 4, 1976, and whereas said Resolution authorizes
<br />sale of Irene Noah, and recommended the acceptance and approval of the terms and
<br />conditions of the sale to the City Council; and
<br />
<br />WHEREAS, the aforementioned bid and propsoed use set forth in said bid and its terms
<br />and conditions conform to the Redevelopment Plan for the Juan Veramendi Project,
<br />N.D.P., Tex. A-6, and conform to the plan for the development of the City as a
<br />whole; now, therefore,
<br />
<br />BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS:
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<br />PART 1. That the price and conditions of the sale by the Urban Renewal Agency of
<br />the City of San Marcos, Texas, of all of Parcel No. 16D-3 within the Juan Veramendi
<br />Project, N.D.P., Tex. A-6, to Irene Noah, are hereby approved in accordance with
<br />Section 11 of Article 1269L-3, Vernon's Annotated Civil Statutes of Texas.
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<br />PART 2. That the property to be sold as authorized in paragraph 1 above is more
<br />particularly described by a legal. description attached_I and marked as Exhibit "A"
<br />of this Ordinance.
<br />
<br />PART 3. That the consideration for said sale being $1,825.00 for 6,009 square feet
<br />is also hereby approved.
<br />
<br />PART 4. That the sale by the Urban Renewal Agency is made subject to the restrictior
<br />of the Redevelopment Plan for the Juan Veramendi Project, N.D.P., Tex. A-6,. as appro"
<br />and amended and on file in the Office of the Director of Community Development.
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<br />PART 5. That the purchaser is hereby placed on notice that the subject property is
<br />subject to assessment under the provisions of Article 1105b of the Revised Civil
<br />Statutes of Texas, now and as hereafter amended.
<br />
<br />PART 6. That the conditions of the disposition documents, including the deed and
<br />contract for sale of land for private redevelopment, a copy of which is on file in
<br />the Office of the Director of Community Development.
<br />
<br />PART 7. That the importance of this Ordinance creates an emergency and an imperativ.
<br />purpose necessary that the provisions of the Charter requiring that all ordinances bl
<br />read at three separate meetings and that no ordinance shall become effective until t.
<br />expiration of 10 days following the date of its final passage be suspended, and this,
<br />Ordinance shall take effect and be in force from and after its adoption and publica-
<br />tion in a newspaper of general circulation in the City.
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<br />PASSED, APPROVED AND ADOPTED this 10th day of May, 1976.
<br />
<br />/~~ ~nl
<br />
<br />Mayor
<br />
<br />A'ITEST:
<br />
<br />~~
<br />
<br />Ci ty Secretary
<br />
<br />:J;~
<br />
<br />Tom Akins
<br />Ciyt Attorney
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