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<br />
<br />ORDINANCE NO. 1976-7
<br />
<br />AN ORDINANCE APPROVING THE PRICE AND CONDITIONS OF
<br />THE SALE BY THE URBAN RENEWAL AGENCY OF THE CITY OF
<br />SAN MARCOS, TEXAS, OF PARCEL NO. 6-1 (SEE LEGAL
<br />READING), LOCATED WITHIN THE JUAN VERAMENDI, PROJECT
<br />N.D.P., TEX. A-6, TO LEO P. CLOUD, JR. AND SON,
<br />PARTNERSHIP, AND DECLARING AN EMERGENCY.
<br />
<br />I
<br />
<br />WHEREAS, the Urban Renewal Agency of the City of San Marcos, Texas, advertised
<br />for bids for the sale of certain property available for disposition within its
<br />Juan Veramendi Urban Renewal Project N.D.P., Tex. A-6, in the San Marcos Record,
<br />a local newspaper with a general circulation within the City of San Marcos,
<br />Hays County, Texas; and,
<br />
<br />WHEREAS, pursuant to said advertisement there was a bid submitted by Leo P.
<br />Cloud and Son for Parcel No. 6-1 within said project; and,
<br />
<br />WHEREAS, the said bid met the minimum disposition price set upon said property
<br />by the Agency; and,
<br />
<br />WHEREAS, the said bid was accepted by the Board of Commissioners of the Urban
<br />Renewal Agency of the City of San Marcos, Texas, after the bid opening of
<br />January 5, 1976, and whereas said resolution authrizes sale to Leo P. Cloud
<br />and Son, and recommended the acceptance and approval of the terms and conditions
<br />of the sale to the City Council; and,
<br />
<br />WHEREAS, the forementioned bid and proposed use set forth in said bid and its
<br />terms and conditions conform to the Redevelopment Plan for the Juan Veramendi
<br />Project, N.D.P., Tex. A-6, and conform to the plan for the development of the
<br />City as a whole.
<br />
<br />NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS:
<br />
<br />I
<br />
<br />1. The price and conditions of the sale bj the Urban Renewal'Agency of the City
<br />of San Marcos, Texas, of Parcel No. 6-1 within the Juan Veramendi Project, N.D.P.,
<br />Tex. A-6, to Leo P. Cloud and Son, are hereby approved in accordance with
<br />Section 11, of Article 12691-3, Vernon's Annotated Civil Statutes of Texas.
<br />
<br />2. The property to be sold as authorized in paragraph 1 above is more particularly
<br />described by field notes attached hereto and marked as Exhibit "A" of this
<br />Ordinance.
<br />
<br />3. The consideration for said sale being $8,253.00 for 22,925 square feet is also
<br />hereby approved.
<br />
<br />4. The sale by the Urban Renewal Agency is made subject to the restriction of the
<br />Redevelopment Plan for the Juan Veramendi Project N.D.P., Tex. A-6, as approved
<br />and amended and on file in the office of the City Secretary.
<br />
<br />5. The condition of the disposition documents, including the Deed and Contract
<br />for Sale of Land for Private Redevelopment, a copy of which is on file in the
<br />office of the City Secretary.
<br />
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<br />
<br />6. The importance of this Ordinance creates an emergency and an imperative
<br />purpose necessary that the provisions of the Charter requiring that all ordinances
<br />be read at three separate meetings and that no ordinance shall become effective
<br />until the expiration of 10 days following the date of its final passage, be
<br />suspended, and this provision is hereby suspended, and this Ordinance shall take
<br />effect and be in force from and after its adoption, and publication in a newspaper
<br />of general publication within the Ci~~
<br />
<br />
<br />~P:~SS:: AP~P"'V," ~ '""""'" ''''" "~'~
<br />
<br />/ Emmie Craddock
<br />; Mayor
<br />oriss Hambrlck
<br />City Secretary
<br />
<br />APPROVED:
<br />
<br />~(ff1H- L
<br />TOll) Aktn~
<br />Cit~ Attorney
<br />
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