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<br /> 162 <br /> RESOLUTION 1990- 41R <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br /> MARCOS, TEXAS, APPROVING THE TERMS AND CONDITIONS OF <br /> THE PURCHASE BY THE CITY OF APPROXIMATELY 8.8 ACRES OF <br /> PROPERTY FROM THE NATURE CONSERVANCY PURSUANT TO A <br /> GRANT FROM THE TEXAS PARKS & WILDLIFE DEPARTMENT; AND <br /> DECLARING AN EFFECTIVE DATE. <br /> WHEREAS, the City has received the approval of the Texas Parks & <br /> Wildlife Department for acquisition of approximately 8.8 acres of <br /> property along the San Marcos River from the Nature Conservancy <br /> pursuant to a grant for the San Marcos Parks & Wildlife Habitat <br /> project; and, <br /> WHEREAS, the State grant portion of funding for this project has <br /> been approved in the amount of $431,466; and, <br /> WHEREAS, the purchase of this property for parkland purposes by <br /> the City will enhance the City's establishment of a continuous <br /> parkland area along the San Marcos River within the City. <br /> NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br /> SAN MARCOS, TEXAS: <br /> PART 1. That the purchase by the City of approximately 8.8 acres <br /> of property along the San Marcos River as depicted on the attached <br /> Exhibit "A" from the Nature Conservancy for the sum of $686,200 is <br /> hereby approved, pursuant to the approval by the Texas Parks & <br /> Wildlife Department approved grant to the City in the amount of <br /> $431,466. <br /> PART 2. That as additional consideration for this purchase, the <br /> City Council hereby agrees to process the pending application by the <br /> Nature Conservancy for abandonment of an undeveloped portion of David <br /> Street within the City as depicted on the attached Exhibit "B" and to <br /> waive any payment of fees or appraised value in connection with the <br /> conveyance of the abandoned portion of street to the Nature <br /> Conservancy; provided that the abandonment shall be subject to approval <br /> by the Planning Commission of the City. <br /> PART 3. That the City Manager, Larry D. Gilley, is hereby <br /> authorized to execute all documents necessary to conclude the purchase <br /> of property described in Part 1. <br /> PART 4. That this Resolution shall be in full force and effect <br /> from and after its passage. <br /> ADOPTED this 23rd day of APr~\A1~ <br /> KATH M. ORRIS <br /> A~:st: . MAYOR <br /> ~j ) <br /> ~, ) ,. ;>(1/ t:'t-v . <br /> C û/n",,~. ¿)I{tr,,~},,~//(.) <br /> . I <br /> J nlS K. Womack <br /> City Secretary <br />