ORDINANCE NO. 260
,
-.,
AN ORDJl\IANCE #260
APPROVING THE PRICE AND CONDITIONS OF THE SALE BY THE
URBAN RENEWAL AGENCY OF THE CITY OF SCHERTZ OF PROPOSED
PARCEL 55-21E, LOCATED WITHIN THE BUFFALO VALLEY NORTH
URBAN RENEWAL PROJECT, TEX. R-112, TO KUNZ!mJDDLESTON
Jl\ITERESTS FOR THE SUM OF $6,500.00, FOR 8,964.53 SQUARE
FEET.
WHEREAS, the Urban Renewal Agency of the City of Schertz advertised for
bids 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
Kunz/Huddleston Interests for a parcel of property described as Urban Renewal
Disposition Parcel 55-21E, within said Project; and
WHEREAS, said bid of $6,500.00 for 8,964.53 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 April 25, 1972, by a Resolution
duly passed on May 8, 1972, and whereas said Resolution authorized sale to
the said Kunz/Huddleston Interests 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 pla;.'l for the development
of the City as a whole;
NOW, THEREFORE, BE IT ORMINED BY THE CITY COUNCIL 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 55-21E, within its Buffalo Valley North
Project Tex. R-112, to Kunz/Huddleston Interests are hereby approved in accor-
dance with Section 11 of Article 1269L-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 II of this Ordinance.
3. The consideration for said sale being $6,500.00 for 8,964.53 square
feet, is also hereby approved.
4. The sale by the Urban Renewal Agency is made subject to the restrictions
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.
PJUCEL 5,-21 - EAST
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PIBLD NO'l"ES FOR A 'l'NIC'l' OIl LAIIJ) OOT 011 '1'BE G. MlU.PAZ lOllY1ft' JIG.
67 AlIJ) OUT OF '1tiE WILLIE IftT.r.zllT TRACT, PART OF 'NBICH IS RECoaDBJ)
IN vor~OME 199, PAGE :l51 .MID PART IN WLOMl!: 236, PAGE 478 011 S'lIII
DEEIl RECORDS OF GtaDlU.UPB C:OOIt'1'lC, TEXAS.
BEGINlltING at an iron pin set. on the ntIW eouth line of Main Stre.t, eaid point. a1
being the pr.eent northwest corner of the Felix Joniet.r; Tract .e reoor4*l in
Vol\ime 236, pa.e 429 of the Deed Reoorlb of Gtla4all1pe County, Texas,
o
'tBBICB. with the _.t line of the hlix JOnie" '!'ract, II 30 09'.,. GisUDCe
of 134. S9 ft. to an iron pin e.t fOl; the ~et corner of tala "act., ..1d
point being on the north line of the G. B. " S. A. a.llroad,
TIl1UIClh with th.. north line of the G.. B. " $. A. a.ilroad, ..~ S'ldW, . 4i.-
tanGe of 68.13 ft. w an iron pin ..t fear the lIOtRbweat eO,l;ne~ of. t:hia "act,
said point beinq on the propoee4 ..at lin. Of P.......lpb Aven~e,
'j'Jmwr.&. with the propoead ...t line of hQlSolpb Avenue, . 300 00' -. . dletllnot
of 116.04 ft. to .n tron pin ..t at the point of ourvat~e of a curve to tbe
right,
'1'.l:lBEB. with .aid ourve, wboe. rMiua ia 15.00 ft., . distance of 23.5' ft. W
aa, iron pin eet at; the point of tIlD9-y Oft the nM/ soui:h line of Main .u..t,
o
~E. with the new south line of .Main .trea., . 60 00'., a dietImC. of
52.69 ft. to the point of beginniDlJ aDd' conU1n1R9 8,964.53 equar. f~ of lan4,
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(-,(.d~":-. - ~,.(-~ ,~"yf.:' --,----;:;:,(
.Ar-....... A. Araada
...,ista~ hblie aurveyor
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AAA,ks
EXHIBIT "A"