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<br />I <br /> <br />I <br /> <br />I <br /> <br />RESOLUTION 20(l7- 92 R <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br />MARCOS, TEXAS AUTHORIZING THE PURCHASE OF TWO PARCELS <br />OF LAND FOR RIGHT-OF-WAY TOTALING 12.8933 ACRES, MORE OR <br />LESS, IN CONNECTION WITH THE WONDER WORLD DRIVE <br />EXTENSION PROJECT; AUTHORIZING THE CITY MANAGER TO <br />EXECUTE ALL NECESSARY DOCUMENTS IN CONNECTION WITH THE <br />PURCHASE; AND DECLARING AN EFFECTIVE DATE. <br /> <br />RECITALS: <br /> <br />1. Pursuant to the Wonder World Drive Extension Pass-Through Toll Agreement <br />between the City of San Marcos, Texas and the Texas Department of Transportation, <br />the City is responsible for acquiring the right of way for the project. <br /> <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS: <br /> <br />PART 1. The following purchases of right-of-way in connection with the Wonder <br />World Drive Extension Project are hereby approved: <br /> <br />A. Parcel Number 14, 3.9543 acres, more or less, as depicted on the <br />attached property description for Parcel 14, owned by Gerald I. Green, M.D.; <br /> <br />B. Parcel Number 14A, 8.939 acres, more or less, as depicted on the <br />attached property description for Parcel 14A, owned by Gerald I. Green; <br /> <br />the two parcels being purchased for the total price of $2,258,228.90, including all <br />closing costs. <br /> <br />Part 2. The City Manager, Dan O'Leary, is authorized to execute all necessary <br />documents in connection with the right-of-way purchase described above on behalf of <br />the City. <br /> <br />Part 3. This Resolution is in full force and effect from and after its passage. <br /> <br />ADOPTED on the 15th day of May 2007. <br /> <br /> <br />~!h <br /> <br />Mayor <br />