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ORDINANCE NO. 73-U-24 . '. AN ORDINANCE '# '73- U - J-tf APPROVING THE PRICE AND CONDITIONS OF THE SALE BY THE URBAN RENEWAL AGENCY OF THE CITY OF SCHERTZ OF PROPOSED PARCEL 3-2, LOCATED WITlUN THE BUFFALO VlILLEY NORTH URBAN RENEWAL PROJECT, TEX. R-112, TO E. H. NORDMEYER FOR THE SUM OF $225.00 FOR 4,524 ::QUARE FEET. WHEREAS, the Urban Renewal Agency of the City of Schertz advertised for bide for the sale of certain property available for disposition within its Buffalo Valley North Project Tex. R-112, in the Valley News and the Weekly Herald, all newspapers with a general circulation within the City of Schertz, Guadalupe County, Texas; and WHEREAS, pursuant to said advertisements, there was a bid submitted by E. H. Nordmeyer for a parcel of property described as Urban Renewal Disposition Parcel 3-2 within said Project; and WHEREAS, said bid of $225.00 for 4,524 square feet was within the minimum disposition price set upon said parcel by the Agency; and WHEREAS, said bid was accepted by the Board of Commissioners of the Urban Renewal Agency after the bid opening of October 10, 1973, by a Resolution duly passed on November 12, 1973, and whereas said Resolution authorized sale to the said E. H. Nordmeyer and recommended the acceptance and approval of the terms and conditions of the sale to the City Council; and WHEREAS, the aforementioned bid and proposed use set forth in said bid and its terms and conditions conform to the Redevelopment Plan for Buffalo Valley North Project Tex. R-112, and conform to the plan for the development of the City as a whole; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCI1 OF THE CITY OF SCHERTZ: 1. The price and conditions of the sale by the Urban Renewal Agency of the City of Schertz of proposed Parcel 3-2, within its Buffalo Valley North Project Tex. R-112, to E. H. Nordmeyer are hereby approved in accordance with Section 11 of Article 12691-3, Vernon's Annotated Civil Statutes of Texas. 2. The property to be sold as authorized in Paragraph 1 above is more particularly described by field notes attached hereto and marked as Exhibit "A" of this Ordinance. 3. The consideration for said sale being $225.00 for 4,524 square feet, is also hereby approved. 4. The sale by the Urban Renewal Agency is made subject to the restric- tions of the Redevelopment Plan for Buffalo Valley North Project Tex. R-112 as approved and amended and is on file in the Office of the Executive Director. 5. The Conditions of the disposition documents, including the deed and Contract for Sale of Land for Private Redevelopment, a copy of which is on file in the Office of the Executive Director, together with this Ordinance, are hereby approved. 6. The City Secretary is hereby directed to furnish copies of this Ordinance to the Executive Director of the Urban Renewal Agency. PASSI!:D AND APPROVED this j)CJ'f'~~V , 1973. -1 day of ~'-L ". /'.-/' . {.; /l./< .' :A '. (. 3d ,'-t:,,-, Mayor ATTEST: l~~~ k~-<- ; /'"' City Secretary ~~ AS TO E'-OIj.M' . ';; I. '\ -:) -A-.c~\1-,i " ./L,.--~ I {~~~/ v City Attorney . " Urban Renewal Agency City of Schertz SCHEDULE A Description of Property All that certain parcel of parcels of land located in the Aviation Heights Addition, City of Schertz, County of Guadalupe, State of Texas, more par- ticularly described as follows: Parcel 3-2 Lots 39 and 40 Block 25 A FtE:~CC:~:r:rIO;~ AGGEPTD1G THE HIGHE.S~' AND BEST a3.sroNSIl'lLE BID ~'o.t( ':~l$ ?'"J:~~;~,~R OI' lG..:. (I:? .PARCEL NO. 3-2, lOCATED :.lI'lmN r~I:: TI::..BJI.l'T 3.;S:'!Srj'll1. P.:i.(~l':SJ'l:~ BUF'JALC VALlEY NORTH PH.C>- JEC~ 1'2.7.. R~112 CCNlllSTlHG OF A TOTA!. OF 4,524 SQUAP..E """,,,e, ",,,",:'7"':> ,O'Jn' 'l;' $ 22~ 00 A~c""""nTG THrn' TE'"J.''' ....,,\.;I.W_ ........... __w "oJ....;., LI__ ~. .... U~,4,. 1 .u,;.I :M:.~~ ~ji; CC!!DITICl13 ?OR '7rlE PI: CHASE OE SAln PROPEaTY AS sz: :7o;.~TH Iii TIlE :BIll ;)()ClJEB:NTS SUBl'ITTED; EST.A."l'..JSHIN\l A !'::ti'f.L'V!JM DISPC5ITIC}, PiUGE OF PARC1!:L NO. 3~2; AND AU'!HOi,Um>lG T'rlE Ar..E~'CY ;:;l-L4.IRMAN TO EXECUTE A. WARRANty 17it~n ,AND A GONTIUCT FOR i',AiID DISPCSITICU AFTER CON- CilliT.ElIC:a: 1:: SA:D ;3ALE ClY THE CITY OJ SCHERTZ .AIlD 'IRS rk~?N~'l}~EH~ (.,;.? I:JJSIaC AATi 'iJRDAN Dm"El.DPMm1T; NJr: Lr:.~1'L,G :m:: AGB,~CY' S EXECUTIVE llIREC'IDR roroP:,iARD TIlE ffiOFO~'ED SAI,E PRICE Rill COlIDITIo.'iS 'l'lJERliX}J)' FOE ~.~.I-'pnC11~ :BY lrHE G!1.! COU!tGIL O? ':':'HE CITY OF SCHBR'I1.. W1ll!:P~. the Urban :'Celllnfal JIf\'ltlc;;y 0:' the City 0:: Schertz offered for sale the i'ollo17'..nt described property located within Urban Renewal Projec'~. Buffalo Valley lJorth Project Tex. R~112; Parcel 3-2. square feet. 4.524; and :rl!EaEAS. public advertisf.Ailnt of such proposed sale was placed ill the Valley New and the Weekly Herald. all newspapers nth a general circulation in Schertz, Guadalupe County, Texas. on September 19, 1913 and October 3. 1973, and WHiREAS, after a bid period of not 1888 than twenty-one dals. bids were opened at 2:00 P. Z;;. on October 10, 1973, by the Executive Direotor of the Urban Renewal Age."1cy; and WHEREAS , Parcel 3-2,; and WH:IIfiE.AS, the bid of ~ta. 1'1WIll 78154 t,1 ve Dinctor,; and only one (1) bidCa) was/_ sul:mdtted on all of' E. H. NordmeYm'. 4~ Aviation Avenue is recOllllllended for approval by the "hIImE.AS, it ia the opinion of the Board, attar considering the terms. cond1t.1one and proposed purchase price set 1'orth in add bid, that it is acceptable and the highest and lliOst responsible bid for said propety; !,OVi.TIiU'.B1cORE. BE IT RESOLVED BY THE OOllRll OF OOMMISSIONmS OF mE uruw; RENEWAL AGEli::Y OF THE CITY Qi<' SCHERTZ I 1. The attached bid of E. H. Norctne~ 81gned by h511l~ 1f' 1n the S\UlI of 2.00 for the pur of ell ()f Paroel 3~2 loeatee. within Buf'talo Valley orth Projeot Tex. R~112 is hereby accepted. 2. The terma and conditiOlllJ for the purchase 01' the property described 1n the paragraph above as submitted by said purcl11miW are hereby approved. 3. The JIlin1IIIwa disposition price tor said property ia hereby established at $ 225.00 for 4,524 square feet. 4. It ia understood that the purchase price lIlIt 1'orth 1n the attached bid IIlU8t be paid in cllllh subject to the tams and conditiolUl of the attached bid. 5. It is a findi.."l6 of this Agency that said bid is the higheeta'ld beet re8pOMible bid tor the purchase o.r all oJ:' Parcel 3-2. 6. The Agency's CheirlWl 11 bereby" au.t.l:loriMd to e.1IIOUte a contract for 1And ti8posit.ion with and a Warrant.y .Deed to E. H. Nordlr..r~ Sebert.. f......... pursuant to the terIrII ef' ~ bid doCWll8l1ta after concurrence in said sale tw' the C1t.f of SchuttI and the IlepllZ'1;merrt. 0 f Housing and Urben De.,.J.;,pIllent. 1. The Executive Direci;or 18 au.t.l:lorize<i to place the Agency's Mal upon and attes~ the signature ot t.be Chainaan on the Deed _t.ioned in paragrepb next aoo.,. and fOr""'ard 1Ia:i.4 dIIed to Stewart T1tle CoIip"'V' tor cloaUlg. 8. The Ex:ocut.ive D:l.relltor 1llI directed to forward this Apnq"s act.ion for the sale or this parcel to the lIUCC8Ul'ul b1dder and to the CUy CouncU of the C1ty of Schertz for approval of thf; terl1lS and conditions or t.h1s proposed sakl as pro.."ided oJ law. 9. PASSED A::n l,,/1'1w"-,'ZD 't.his j:L..Q, da;r of November. 1913. $J/~ --Ch.a:i.rman AmsTl /'1'/ / v '[it /Z-r; /' l. ,;;L' " (_/ I 1/' /"/.:./ -,1'- (~L l , ?- ,-,.. Becntal7 ieBolution No. 0:::<00; ,