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<br />205 <br /> <br />ORDINANCE 1976-9 <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. 13D-2 (SEE LEGAL <br />READING), LOCATED WITlITN THE JUAN VERAMENDI PROJECT, <br />N.D.P., TEX. A-G, TO JOSE S. CRUZ, AND DECLARING AN <br />EMERGENCY. <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 />I <br /> <br />WHEREAS, pursuant to said advertisement there was a bid submitted by Jose S. Cruz <br />for all of Parcel No. 13D-2 within said project; and <br /> <br />WHEREAS, the said bid met the minimum disposition price set upon said property by <br />the Agency; andc <br /> <br />WHEREAS, said bid was accepted by the Board of Commissioners of the Urban Renewal <br />Agency of the City of San Marcos, Texas, after the bid opening of February 2, 1976, <br />and by a Resolution duly passed on February 2, 1976; and <br /> <br />WHEREAS, said Resolution authorizes sale to Jose S. Cruz and recommends tbe acceptance <br />and approval of the terms and conditions of the sale to the City Council; and <br /> <br />WHEREAS, the aforementioned bid and proposed use set forth in said bid and its terms <br />and conditions conform to the Redevelopment Plan for the Juan Veramendi Project, <br />N.D.P., Tex. A-6, and conform to the plan for the development of the City as a <br />whole; now, therefore, <br /> <br />BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS: <br /> <br />I <br /> <br />1. That the price and conditions of the sale by the Urban Renewal Agency of the <br />City of San Marcos, Texas, of Parcel No. 13D-2 within the Juan Veramendi Project, <br />N.D.P. Tex. A-6, to Jose S. Cruz be, and is hereby, approved in accordance <br />with Section 11 of Article 12691-3,. Vernon's Annotated Civil Statutes of Texas. <br /> <br />2. That the property sold as authorized in paragraph 1 above is more particularly <br />described by field notes attached hereto and marked as Exhibit "An of this <br />Ordinance. <br /> <br />3. That the consideration for said sale shall be a total amount of $2,600.00 and <br />said amount is also hereby approved. <br /> <br />4. That the sale by the Urban Renewal Agency is made subject to the restriction of <br />the Redevelopment Plan for the Juan Veramendi Project, N.D.P., Tex. A-6, as <br />approved and amended and on file in the office of the Director of Community <br />Development. <br /> <br />5. That the condition of the disposition documents, including the Deed and Contract <br />for Sale of Land for Private Redevelopment is on file in the office of the <br />Director of Community Development. <br /> <br />6. That the importance of this Ordinance creates an emergency and an imperative <br />purpose necessary that the provision 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 ten (io) days following the date of its final passage, <br />be suspended, and this provision is hereby suspended, and this Ordinance shall <br />take effect and be in force from and after its adoption, and publication in a <br />newspaper of general publication within the City. <br /> <br />I <br /> <br />PASSED, APPROVED AND ADOPTED this <br /> <br />9th :~ February, 1976. <br /> <br />~~ ~h-k <br /> <br />i Emmie Craddock <br />Mayor <br /> <br />l::dJ~ <br /> <br />Doriss Hambrick <br />Ci ty Secretary <br /> <br />~OVED~;f , <br />TO~U-tMJ <br /> <br />City Attorney <br />