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<br />ORDINANCE NO. 1976 - 35
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<br />139
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<br />AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS
<br />APPROVING THE PRICE AND TERMS OF THE SALE BY THE CITY OF SAN MARCOS,
<br />TEXAS OF PARCEL NO. 15D-3 AND PARCEL NO. 15D-4, DESCRIBED FURTHER ON
<br />EXHIBIT "A" ATTACHED HERETO, LOCATED WITHIN THE TEX. A-6, NEIGHBORHOOD
<br />DEVELOPMENT PROGRAM AREA, TO JEFFREY H. KESTER, AUTHORIZING THE MAYOR
<br />TO EXECUTE A WARRANTY DEED TO JEFFREY H. KESTER, AND DECLARING AN
<br />EMERGENCY.
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<br />WHEREAS, the City of San Marcos, Texas advterised for bids for the sale of that
<br />certain real property known as Parcel No. 15D-3 and Parcel No. .l5D-4, and described
<br />more fully on Exhibit "A" attached hereto, located within the Tex. A-6, Neighborhood
<br />Development Program area, in the San Marcos Record, a local ne~spaper with a
<br />general circulation within the County of Hays, State of Texas; and
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<br />WHEREAS, pursuant to said advertisement, a bid was submitted by Jeffrey H. Kester
<br />for said Parcel No. 15D-3 and Parcel No. 15D-4; and
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<br />WHEREAS, the said bid met the minimum disposition price set upon said propertJ' by
<br />the Board of Commissioners of the Urban Renewal Agency of the City of San Marcos,
<br />Texas; and
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<br />WHEREAS, the said Board accepted the bid as the highest and best responsible bid
<br />for said property by a Resolution duly passed on November 9, 1976, after the bid
<br />opening of November 9, 1976; and
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<br />WHEREAS, said Resolution also approved the terms and conditions for the sale of
<br />the said property and recommended the approval of said purchase price and the approval
<br />of the terms and conditions for the sale, as contained in the bid documents, 'by
<br />the City Council of the City of San Marcos, Texas; and
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<br />WHEREAS, the aforementioned bid and proposed use set forth in said bid and the sales
<br />terms and conditions pertinent thereto conform to the Redevelopment Plan for the
<br />Tex. A-6, Neighborhood Development Program, and conform to the plan for the develop-
<br />ment of the City as a whole; now, therefore,
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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 San Marcos,
<br />Texas of parcel No. 15D-3 and Parcel No. 15D-4 within the Tex. A-6, Neighborhood
<br />Development Program area, and more fully described on Exhibit "A" attached hereto,
<br />to Jeffrey H. Kester are hereby approved.
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<br />Section 2. That the consideration for the sale for said property being $3,100.00
<br />for 10,652 square feet is hereby approved.
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<br />Section 3. That the sale by the City of San Marcos is made subject to restrictions
<br />of the Redevelopment Plan for the Tex. A-6, Neighborhood Development Program" as
<br />approved and amended; said plan is on file and is available for inspection in the
<br />Office of the Director of Community Development of the City of San Mancos.
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<br />Section 4. That the conditions of the disposition documents, including the Deed
<br />and Contract of Sale for Private Redevelopment, are on file and are available for
<br />inspection in the Office of the Director of Community Development of the CitJ' of
<br />San Marcos.
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<br />Section 5. The purchaseriishher!'lpyppllaced on notice that the subject property is
<br />subject to assessment under the provisions of Article 1105b of the Revised Civil
<br />Statutes of the State of Texas.
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<br />Section 6. That the Mayor of the City of San Marcos is hereby authorized to execute
<br />a warranty deed to Jeffrey H. Kester, from the City of San Marcos, for all that real
<br />property known as Parcel No. 15D-3 and Parcel No. 15D44, located within the 'rex. A-6,
<br />Neighborhood Development Program, and described more fully on Exhibit "A" attached
<br />hereto.
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