Laserfiche WebLink
<br />I <br /> <br />I <br /> <br />I <br /> <br />RESOLUTION NO. 2006 - 145 R <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br />MARCOS, TEXAS APPROVING A CONTRACT WITH BMC REAL <br />ESTATE, INC. FOR THE CITY'S ACQUISITION OF A TRACT OF <br />PROPERTY IN THE RIVER RIDGE DEVELOPMENT; AND <br />DECLARING AN EFFECTIVE DATE. <br /> <br />RECITALS: <br /> <br />1. City voters on November 8, 2005 approved a proposition for the issuance of general <br />obligation bonds for the construction of a new fire station. <br /> <br />2. The City Manager executed the attached contract (the "Purchase Contract") with BMC <br />Real Estate, Inc. for the purchase of Lot 18 of the River Ridge Subdivision (the "Property") for the <br />sum of$295,764, to serve as the site for the new fire station, subject to approval by the City Council <br />no later than September 5, 2006. <br /> <br />3. The City Council wishes to approve the Purchase Contract. <br /> <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS: <br /> <br />P ART 1. The attached contract with BMC Real Estate, Inc. for the purchase of the <br />Property for the sum of $295,764, to serve as the site for the new fire station is approved. <br /> <br />PART 2. The City Manager, Dan O'Leary, is authorized to execute the attached contract <br />and other documents related to the City's acquisition ofthe Property. <br /> <br />P ART 3. <br /> <br />This Resolution shall be in full force and effect from and after its passage. <br /> <br />ADOPTED on September 5. 2006. <br /> <br />~~ <br /> <br />Mayor <br /> <br />~~:~-(l~..'. 'cJ''''~LCC') i <br />__iY '. t- <br />Shelle / oodwi ,- <br />Interim City C erk <br />