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<br />175. <br /> <br />RESOLUTION 2000- 150 R <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF <br />SAN MARCOS, TEXAS, APPROVING THE SALE OF A TRACT <br />OF PROPERTY LOCATED AT 1532 HOPKINS STREET BY <br />SMCISD, TRUSTEE TO MICHAEL B. CLARK; AND <br />DECLARING AN EFFECTIVE DATE. <br /> <br />RECITALS: <br /> <br />1. The San Marcos Consolidated Independent School District ("SMCISD"), as trustee for <br />all local taxing units, is the owner of the tract of property at 1532 Hopkins Street (the "Property") <br />through a sheriffs sale of the Property for unpaid taxes. <br /> <br />2. SMCISD has received an offer of $4,500 for the Property from Mr. Michael B. Clark, <br />which is less than the amount of taxes owed on the Property, and less than the appraised value of the <br />Property according to the Hays County Appraisal District. <br /> <br />3. The SMCISD Board of Trustees has approved the sale of the Property for this bid, and the <br />Hays County Tax Assessor-Collector has forwarded the bid to the City Council for consideration. <br /> <br />4. City approval ofthe bid is necessary for the sale since the bid is for less than the amount <br />of taxes owed on the property. <br /> <br />BE ITRESOL VED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS: <br /> <br />PART 1. The sale of the Property by SMCISD, Trustee to Michael B. Clark for $4,500 is <br />approved. <br /> <br />PART 2. The Mayor, David Chiu, is authorized to execute a deed for this sale on behalf of <br />the City of San Marcos. <br /> <br />PART 3. This Resolution shall be in full force and effect from and after its passage. <br /> <br />ADOPTEDon August 14, 2000. <br /> <br />~~,C& - <br /> <br />Mayor <br /> <br />Att~st: <br />> :1.( J// <br />H.,.} , I (,<,..:j" <br />,/:/ c.. lJ' '; <br />Janis K. Womack <br />City Clerk <br /> <br />