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<br />121 <br /> <br />ORDINANCE NO. 1975 - 44 <br /> <br />AN ORDINANCE APPROVING THE PRICE AND CONDITIONS OF THE <br />SALE BY THE URBAN RENEWAL AGENCY OF THE CITY OF SAN MARCOS, <br />TEXAS, OF PARCEL NO. 13D-6 (SEE LEGAL READING), LOCATED <br />WITHIN THE JUAN 'VER.A.MENDI PROJECT, N. D. P ., TEX. A-6, <br />TO AL LOPEZ, SOLE PROPRIETOR; AND DECLARING AN EMERGENCY. <br /> <br />I <br /> <br />WHEREAS, the Urban Renewal Agency of the City of San Marcos, Texas, advertised <br />for bids for the sale of certain property available for disposition within its <br />Juan Veramendi Urban Renewal Project, N.D.P., Tex, A-6, in the San Marcos Record, <br />a local newspaper with a general circulation within the City of San Marcos, <br />Hays County, Texas; and, <br /> <br />WHEREAS, pursuant to said advertisement there was a bid submitted by Al Lopez for <br />all of Parcel No, 13D-6 within said project; and, <br /> <br />WHEREAS, the said bid met the minimum disposition price set upon said property <br />by 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 August 4, 1975, <br />and by a Resolution duly passed on August 4, 1975; and, <br /> <br />WHEREAS, said Resolution authorizes sale to Al Lopez and recommends the acceptance <br />and approval of the terms and conditions of the sale to the City Council; and, <br /> <br />WHEREAS, the aforementioned bid and proposed use set forth in said bid and its <br />terms and conditions conform to the Redevelopment Plan for the Juan Veramendi <br />Project, N .D,P., Tex. A-6, and conform to the plan for the development of the City <br />as a whole; now, therefore, <br /> <br />BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXA.S, THAT: <br /> <br />I <br /> <br />l. The price and conditions of the sale of the Urban Renewal Agency of the City <br />of San Marcos, Texas, of Parcel No, 13D-6 within the Juan Veramendi Project, <br />N.D.P., Tex. A-6, to Al Lopez is hereby approved in accordance with Section II <br />of Article l269l-3, Vernon's Annotated Civil Statutes of Texas. <br /> <br />2. The property to be sold as authorized in paragraph 1 above is more particularly <br />described by field notes attached hereto and marked as Exhibit "A" of this <br />Ordinance. <br /> <br />3. The consideration for said sale being a total amount of $1,900.00 is also <br />hereby approved. <br /> <br />4. The sale by the Urban Renewal Agency is made subject to the restriction of <br />the Redevelopment Plan for the Juan Veramendi Project, N.D.P., Tex. A-6, <br />as approved and amended and on file in the office of the City Secretary. <br /> <br />5. The condition of the disposition documents, 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 Secretary. <br /> <br />6. The importance of this Ordinance creates an emergency and an imperative purpose <br />necessary that the provision of the Charter requiring that all Ordinances be read <br />at three separate meetings and that no Ordinance shall become effective until <br />the expiration of 10 days following the date of its final passage, be suspended, <br />and this provision is hereby suspended, and this Ordinance shall take effect and <br />be in force f~om and after its adoption, and publication in a newspaper of general <br />circulation within the City. <br /> <br />I <br /> <br />PASSED, <br /> <br />APPROVED AND ADOPTED. ~ s 22nd day of September, <br /> <br />~~ ~~~ <br /> <br />; Emmie Craddock <br />Mayor <br /> <br />1975. <br />