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<br />117 <br /> <br />RESOLUTION 2000--1-___,J3-R <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF <br />SAN MARCOS, TEXAS, APPROVING THE TERMS AND <br />CONDITIONS OF A PROPERTY EXCHANGE AGREEMENT <br />BETWEEN THE CITY, LEGEND COMMUNITIES, INC., AND <br />THE MILTON DANIEL BUIE PROPERTIES PARTNERSHIP <br />RELATED TO THE REALIGNMENT OF A PORTION OF <br />BISHOP STREET; AUTHORIZING THE CITY MANAGER TO <br />EXECUTE THE AGREEMENT ON BEHALF OF THE CITY AND <br />DECLARING AN EFFECTIVE DATE. <br /> <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS: <br /> <br />PART 1. The attached Property Exchange Agreement between the City of San Marcos, <br />Legend Communities, Inc., and the Milton Daniel Buie Properties Partnership related to the <br />realignment of a portion of Bishop Street is approved. <br /> <br />P ART 2. The City Manager, Larry D. Gilley, is authorized to execute the agreement on behalf <br />of the City. <br /> <br />PART 3. This Resolution is in full force and effect immediately from and after its adoption. <br /> <br />ADOPTED on June 26 <br /> <br />,2000. <br /> <br />I~~~~' <br /> <br />Mayor <br /> <br />Atte~t: <br />(' ,.l <br /> <br /> <br />( I' <br />Jatiis K. Womack <br />City Clerk <br />