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<br />ORDINANCE NO. 1978-3
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<br />AN ORDINANCE OF TIJE CITY COUNCIL OF TIJE CITY OF SAN MARCOS,
<br />TEXAS, APPROVING TIJE PRICE AND CONDITIONS OF TIJE SALE BY
<br />TIJE CITY OF SAN MARCOS, TEXAS, OF 1DT 31 OF TIJE RIVERSIDE
<br />ADDITION, ALSO KNOWN AS URBAN RENEWAL PARCEL NO. 17 -D-4 ,
<br />LOCATED WITHIN TIJE TEX. A-6, NEIGHBORHOOD DEVELOFMENT PROGRAM
<br />AREA, TO JESSE C. SAUCEDO; AUTHORIZmG TIJE W\.YOR TO EXECUTE
<br />A WARRANTY DEED TO JESSE C. SAUCEDO; AND DEClARING AN D1ERGENCY.
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<br />WHEREAS, the City of San Marcos, Texas, advertised for bids for the sale of that
<br />certain real property mown as Lot 31 of the Riverside Addition, also mown as
<br />Urban Renewal Parcel No. l7-D-4, located within the Tex. A-6, Neighborhood Developnent I
<br />Program area, in the San Marcos Record, a local newspaper with a general circulation
<br />in the COlU1ty of Hays, State of ffiexas; and,
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<br />WHEREAS, pursuant to said advertisement a bid was sul:rnitted by Jesse C. Saucedo
<br />for said Lot 31 of the Riverside Addition; and,
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<br />WHEREAS, the said bid met the minimum disposition price set upon said property
<br />by the Board af Carrmissioners of the Urban Renewal Agency of the City of San
<br />Marcos, Texas; and,
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<br />WHEREAS, the said Board accepted the bid as the highest and best responsible bid
<br />for said property by a motion duly passed on November 8, 1977, after. the bid opening
<br />of November 8, 1977; and,
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<br />WHEREAS, the said motion also approved the terms and conditions for the sale of the
<br />said property and recommended the approval of said purchase price and the approval
<br />of the terms and conditions for the sale, as contained in the bid documents, by the
<br />City Council of the City of San Marcos, Texas; and,
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<br />WHEREAS, the aforementioned bid and proposed use set forth in said bid and the sales
<br />terms and conditions pertinent thereto conform to the Redevelopnent Plan for the
<br />developnent of the City as a whole; now, therefore,
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<br />BE IT ORDAINED BY TIJE CITY COUNCIL OF TIJE CITY OF SAN MARCOS, TEXAS:
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<br />Section 1. That the terms and conditions of the sale by the City of San Marcos,
<br />Texas, of Lot 31 of the Riverside Addition, also mown as Urban Renewal Parcel
<br />No. 17-D-4, to Jesse e. Saucedo are hereby approved.
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<br />Section 2. That the consideration for the sale for said p=perty being $3,.~80.00
<br />for 7,812 square feet is hereby approved.
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<br />Section 3. That the sale by the City of San Marcos is lII3.de subject to restrictions
<br />of the Redevelopnent Plan for the Tex. A-6, Neighborhood Developnent Program, as
<br />approved and amended, said plan is on file arid is available for inspection in the
<br />Office of the Director of Community Development of the City of San Marcos.
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<br />Section 4. That the conditions of the disposition document, including the Deed
<br />and Contract for Sale for Private Redevelopnent, are on file and are available for
<br />inspection in the Office of the Director of, Community Developnent of the City of
<br />San Marcos.
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<br />Section 5. That the purchaser is hereby placed on notice that the subject property
<br />is subject iOO assessment under the provisions of Article 1l05b of the Revised Civil
<br />Statutes of the State of Texas.
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<br />Section 6. That the Mayor of the City of San Marcos, Texas, is hereby authorized
<br />to execute a warranty deed to Jesse C. Saucedo from theC6:i3lY of San Marcos, for all
<br />that real property known as Lot 31 of the Riverside Addition, also known a:3 Urban
<br />Renewal Parcel No. 17-D-4, located within the Tex. A-6, Neighborhood Developnent
<br />Program.
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<br />Section 7. That the importance of this Ordinance creates an emergency and an
<br />imperative purpose necessary that the provisions of the Charter requiring all
<br />ordinances be read at three separate meetings and that no ordinance shall become
<br />effective until the expiration of 10 days following the date of its final passage,
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