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<br /> 12 <br /> RESOLUTION 1996- 5 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; AND <br /> DECLARING AN 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, located adjacent to the Hays <br />County Civic Center; through a sheriff's sale of the property for unpaid taxes. <br />2. Hays County has received a revised offer of $125,000 for this property, which <br />is less than the amount of taxes owed on the property, and is less than the appraised value <br />of the property according to the Hays County Appraisal District. <br />3, This offer is acceptable to the City if the purchaser will agree to dedicate <br />right-of-way across the property for a street to connect Wonder World Drive and Clovis <br />Barker Drive in a configuration acceptable to the Director of Planning and Development <br /> < <br />Services. <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS: <br />PART 1. That the sale of this property by Hays County, Trustee to Central Texas <br />Residential Mortgage, J'v. for $125,000 is approved subject to the purchaser's agreement <br />to the condition described in Recital 3 above. <br />PART 2. That the Mayor, Kathy M, Morris; is authorized to execute a deed for this <br />sale on behalf of the City of San Marcos, <br />PART 3. That this Resolution shall be in full force and effect from and after its <br />passage. <br />ADOPTED this 8th day of January ,1996, <br /> i r; 'ì { <br /> "?tL/ftt 'I'! I,~ <br /> " \L~~ I v;\, ,11'Lu~ <br /> \Kathy M. MorrÎs ' <br /> \ <br /> Mayor ' <br />Attest~if! ~~ <br />~, Womack <br />City Secretary <br />