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<br /> 226 <br /> RESOLUTION 1998 - 220R <br /> A RESOLUTION OF THE CITY COUNCIL OF <br /> THE CITY OF SAN MARCOS, TEXAS <br /> RESCINDING THE SALE OF ALL OF A <br /> PORTION OF LOT 8, BLOCK 8, D.S. COMBS <br /> ADDITION TO EMILY McKNIGHT; AND <br /> DECLARING AN EFFECTIVE DATE. <br /> RECITALS: <br /> 1. On June 22, 1998 the City Council approved the sale of a portion of Lot 8, Block 8, <br /> D.S, Combs Addition, located in the 300 block of Shady Lane to Emily McKnight. <br /> 2. The City staff has learned that the property is unbuildable due to encroachments <br /> from neighboring lots. <br /> 3. The City received $2,500.00 from Emily McKnight for the property, and the parties <br /> have agreed to rescind the sale so the City can refund the $2,500.00 purchase price to <br /> Emily McKnight. <br /> BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br /> TEXAS: <br /> PART 1. The rescission of the sale of the parcel of real property described <br /> above and the refund of $2,500.00 purchase price to Emily McKnight is approved. <br /> PART 2. This Resolution shall be in full force and effect from and after its <br /> passage. <br /> ADOPTED this 23rd day of November 1998. <br /> ~~o~ <br /> Mayor <br /> ?i:þ1Il~{,WJf/ <br /> J is K. Womack <br /> City Secretary <br />