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<br />I <br /> <br />I <br /> <br />I <br /> <br />RESOLUTION 2007- 176 R <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br />MARCOS, TEXAS AUTHORIZING THE PURCHASE OF A PARCEL OF <br />LAND FOR RIGHT-OF-WAY TOTALING 4.82 ACRES, MORE OR LESS, <br />IN CONNECTION WITH THE WONDER WORLD DRIVE EXTENSION <br />PROJECT; AUTHORIZING THE CITY MANAGER TO EXECUTE ALL <br />NECESSARY DOCUMENTS IN CONNECTION WITH THE PURCHASE; <br />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 purchase of right-of-way in connection with the Wonder <br />World Drive Extension Project is hereby approved: <br /> <br />A. Parcel Number 15, 4.82 acres, more or less, as depicted on the attached <br />property description for Parcel 15, owned by C & G Development, Inc., the parcel being <br />purchased for the total price of $ 89,260.00, including all 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 2nd day of October 2007. <br /> <br />~N~~ <br /> <br />Mayor Z U <br /> <br /> <br /><: <br /> <br />J) <br />