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<br />112. <br /> <br />RESOLUTION 1999- <br /> <br />23R <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF <br />THE CITY OF SAN MARCOS, TEXAS <br />APPROVING THE EXCHANGE OF CITY <br />PROPERTY BEING A 5.44 ACRE PORTION OF <br />THE MUNICIPAL AIRPORT SUBDIVISION FOR <br />A20.95 ACRE TRACT IN THE T.J. CHAMBERS <br />LEAGUE BELONGING TO CAL TEX <br />HOLDINGS, INC.; AUTHORIZING THE CITY <br />MANAGER TO EXECUTE A DEED; AND <br />DECLARING AN EFFECTIVE DATE. <br /> <br />RECITALS: <br /> <br />1. The City is the owner of a 5.44 acre tract located in the Municipal Airport <br />Subdivision, as described in the deed attached to this resolution. <br /> <br />2. A staff analysis has been made that has determined that there is no present or <br />anticipated future need for the City to retain this property. <br /> <br />3. The City has complied with the requirements of Section 272.001 (b)(1) ofthe Texas <br />Local Government Code regarding the exchange of surplus real property by sealed bidding <br />and the high bidder for the exchange of this tract of property is Caltex Holdings, Inc. <br /> <br />4. The City Council determines that provisions A(2) throuah A(6) contained in Caltex <br />Holdinas, Inc. Bid Memorandum are outside the scope of the terms and conditions of the <br />exchange and are not a part of the real property exchanae approved or authorized by this <br />Resolution. <br /> <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS: <br /> <br />PART 1. The exchange of the parcel of real property described in Recital 1 <br />above for a 20.95 acre tract located in the T.J. Chambers League belonging to Caltex <br />Holdings, Inc. is approved. <br /> <br />PART 2. The City Manager, Larry D. Gilley, is authorized to execute the <br />attached Special Warranty Deed conveying to Caltex Holdings, Inc., the property <br />described above. <br /> <br />PART 3. <br />passage. <br /> <br />This Resolution shall be in full force and effect from and after its <br /> <br />ADOPTED this 25th day of January 1999. <br /> <br />D~ ~~ ~ <br /> <br />Billy G. Moore <br />Mayor <br /> <br />Att~t~lJI~ <br /> <br />~ K Womack <br />City Secretary <br />