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<br />152
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<br />ORDINANCE NO. 1975 - 5
<br />
<br />AN ORDINANCE APPROVING THE PRICES AND CONDITIONS OF THE
<br />SALE BY THE URBAN RENEWAL AGENCY OF THE CITY OF SAN MARCOS,
<br />TEXAS, OF PARCEL 13D",4A, 13D-4B, 13D-5,13D-7A, 13D-7B AND
<br />13D-8A (SEE LEGAL READING), LOCATED WITHIN THE JUAN VERA-
<br />MENDI, PROJECT NDP, TEX. A-6, TO REYNALDO GARZ4L TONY
<br />GONZALES, RAMON ORTUNIO SOLE PROPRIETORS.
<br />
<br />I
<br />
<br />WHEREAS, the Urban Renewal Agency of the City of San Marcos, Texas,
<br />advertised for bids for the sale of certain property available for dispo-
<br />sition within its Juan Veramendi Urban Renewal Project NDP, Tex. A-6, in
<br />the San Marcos Record, a local newspaper with a general circulation within
<br />the City of San Marcos, Hays County, Texas; and,
<br />
<br />WHEREAS, pursuant to said advertisement there was a bid submitted by Reynaldo
<br />Garza, Tony Gonzales and Ramon Ortunio for all of Parcels 13D-4A, l3D-4B,
<br />13D-5, 13D-7A, 13D-7B and 13D-8A within said project: and,
<br />
<br />WHEREAS, the said bids met the minimum disposition prices set upon said
<br />properties by the Agency; and,
<br />
<br />WHEREAS, said bids were accepted by the Board of Commissioners of the Urban
<br />Renewal Agency of the City of San Marcos, Texas, after the bid opening of
<br />November 4, 1974, and whereas said Resolution duly passed on November 4, 1974,
<br />and whereas said Resolution authorizes sale to Reynaldo Garza, Tony Gonzales
<br />and Ramon Ortunio and recommended the acceptance and approval of the terms
<br />and conditions of the sale to the City Council; and,
<br />
<br />WHEREAS, the aforementioned bids and proposed use set forth in said bids and
<br />its terms and conditions conform to the Redevelopment Plan for the Juan
<br />Veramendi Project, NDP, Tex. A-6, and conform to the plan for the development
<br />of the City as a whole:
<br />
<br />II
<br />
<br />NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS,
<br />TEXAS, THAT:
<br />
<br />1. The prices and conditions of the sales of the Urban Renewal Agency of the
<br />City of San Marcos, Texas, of Parcel #13D-4A, 13D-4B, l3D-5, 13D-7A, 13D-7B
<br />and 13D-8A within the Juan Veramendi Project, NDP, Tex. A-6, to Reynaldo Garza,
<br />Tony Gonzales and Ramon Ortunio are hereby approved in accordance with Section
<br />11, of Article 12691-3, Vernon's Annotated Civil Statutes of Texas.
<br />
<br />2. The properties to be sold as authorized in paragraph 1 above are more
<br />particularly described by field notes attached hereto and marked as
<br />Exhibit "A" through Exhibit "F" of this Ordinance.
<br />
<br />3. The consideration for said sale being a total amount of $4,825.00 is
<br />also hereby approved.
<br />
<br />4. The sale by the Urban Renewal Agency is made subject to the restriction
<br />of the Redevelopment Plan for the Juan Veramendi Project NDP, Tex. A~6, as
<br />approved and amended and on file in the office of the City Clerk.
<br />
<br />5. The condition of the disposition document, including the Deed and Contract
<br />for Sale of Land for Private Redevelopment, a copy of which is on file in the
<br />office of the City Clerk.
<br />
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<br />6. This Ordinance shall become effective on the 11th day following the date of
<br />due legal process and publication in a newspaper of general circulation in the area.
<br />
<br />PASSED AND APPROVED on first reading December 16, 1974.
<br />
<br />PASSED AND APPROVED on second reading January 13, 1975.
<br />
<br />PASSED, APPROVED AND ADOPTED January 27, 1975.
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