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<br /> 78 <br /> RESOLUTION 1998- 56 R <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br /> MARCOS, TEXAS, APPROVING THE SALE OF A 61.23 ACRE <br /> TRACT OF PROPERTY LOCATED ADJACENT TO THE HAYS <br /> COUNTY CIVIC CENTER BY HAYS COUNTY, TRUSTEE TO <br /> CORRIDOR VILLAGE COMPANY, L.L.C.; AND DECLARING AN <br /> EFFECTIVE DATE. <br /> RECITALS: <br /> 1. Hays County, as trustee for all local taxing units, is the owner of the 61.23 <br /> acre tract of property described on the attached Exhibit A (the Property), located adjacent <br /> to the Hays County Civic Center, through a sheriff's sale of the Property for unpaid taxes. <br /> 2. Hays County has received an offer of $211,000 for the Property from Corridor <br /> Village Company, L.L.C., which is less than the amount of taxes owed on the Property, and <br /> less than the appraised value of the Property according to the Hays County Appraisal <br /> District. <br /> BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br /> TEXAS: <br /> PART 1. The sale of the Property by Hays County, Trustee to Corridor Village <br /> Company for $211 ,000 is approved. <br /> PART 2. The Mayor, Billy G. Moore, is authorized to execute a deed for this sale <br /> on behalf of the City of San Marcos. <br /> PART 3. This Resolution shall be in full force and effect from and after its passage. <br /> ADOPTED this 16th day of March ,1998. <br /> ß~~. ~ <br /> Billy G. Moore <br /> Mayor <br /> 7J1: ,.. ~ /. ~ V <br /> 1:~ [1¡ , ¡)J~ <br /> J is K. Womack <br /> City Secretary <br />