<br />ORDINANCE NO. 1976 - 37
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<br />AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF SAN MARCOS,
<br />TEXAS APPROVING THE PRICE AND TERMS AND CONDITIONS OF THE
<br />SALE BY THE CITY OF SAN MARCOS, TEXAS OF PARCEL NO. l3D-9,
<br />DESCRIBED FURTHER ON EXHIBIT "A" ATTACHED HERETO., LOCATED
<br />WITHIN THE TEX. A-6, NEIGHBORHOOD DEVELOPMENT PROGRAM AREA,
<br />TO MICHAEL SAUCEDO, AUTHORIZING THE MAYOR TO EXECUTE A
<br />WARRANTY DEED TO MICHAEL SAUCEDO, AND DECLARING AN EMERGENCY.
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<br />WHEREAS, the City of San Marcos, Texas advertised for bids for the sale of that
<br />certain real property known as Parcel No. 13D-9, and described more fully on
<br />Exhibit "A" attached hereto, located within the Tex. A-6, Neighborhood Develop-
<br />ment Program area, in the San Marcos Record, a local newspaper with a'general
<br />circulation within the County of Hays, State of Texas; and,
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<br />WHEREAS, pursuant to said advertisement, a bid was submitted bt Michael Sauceuo
<br />for said Parcel No. 13D-9; and
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<br />WHEREAS, the said bid met the minimum disposition price set up~n said property
<br />by the Board of Connnissioners of the Urban Renewal Agency of the City of San
<br />Marcos, Texas; and
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<br />WHEREAS, the said Board accepted the bid as the highest and b:st.responsible
<br />bid for said property by a Resolution duly passed on December 7, 1976, after
<br />the bid opening of December 7, 1976; and
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<br />WHEREAS, said Resolution also approved the terms and conditions for the 'sale
<br />of the said property and recommended the approval of said purchase price and
<br />the approval of the terms and conditions for the sale, as contained in the bid
<br />documents, by 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
<br />sales terms and conditions pertinent thereto conform to the Redevelopment Pl;~
<br />for the Tex. A-6, Neighborhood Development Program, and conform to the Plan for
<br />the development 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 13D-9, within the Tex. A-6, Neighborhood Development PrograJI, area,
<br />and more fully described on Exhibit "A" attached hereto, to Michael Saucedo
<br />are hereby approved.
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<br />Section 2. That the consideration for the sale for $2,694.00 for 9, 000 s~uare feet
<br />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, N.d:ghborhood Development Program, as
<br />approved and amended; said Plan is on file and is available for inspection in
<br />the Office of the Director of Community Development of the City of San Marcos.
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<br />Section 4. That the conditions of the disposition documents, including the
<br />Deed and Contract of Sale for Private Redevelopment, are on file and are avail-
<br />able for inspection in the Office of the Director of Community Development of the
<br />City of San Marcos.
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<br />Section 5. That the purchaser is hereby placed on notice that the subject
<br />property is subject to assessment under the provisions of Article 1105b of the
<br />Revised Civil 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
<br />execute a warranty deed to Michael Saucedo, from the City of San Marcos, for all
<br />that real property known as Parcel No. 13D-9, located within the Tex. A-6,
<br />Neighbobhood Development Program, and described more fully on Exhibit "A"
<br />attached hereto.
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