ORDINANCE NO. 73-U-12
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llN ORDINllNCE # 73 - U - J :J..
APPROVING THE HUCE llND CONDITIONS OF THE S.ALE BY THE
URBllN RENEWAL .IlGENCY OF THE CITY OF SCHERTZ OF PROFDSED
PARCEL 52-2, LOCATED WITHIN THE BUFFALO V1lLLEY NORTH
URBMfRENEWAL PROJECT, TEX. R-1l2, 'TIJ TRl CITY ENTER=.
PRISES FOR THE SUM OF $1,375.00, FOR 1l,070.18 ~UARE
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-1l2, 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 Tri City Enterprises for a parcel of property described as Urban Re-
newal Disposition Parcel 52-2, within said Project; and
WHEREAS, said bid of $1,375.00 for 11,070.18 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 June 6, 1973, by a
Resolution duly passed on June 11, 1973, and whereas said Resolution
authorized sale to the said Tri City Enterprises 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 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 52-2, within its
Buffalo Valley North Project Tex. R-1l2, to Tri City Enterprises
are hereby approved in accordance with Section 11 of Article 12691-3,
Vernon I 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 $1,375.00 for 1l,070.18
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 1and 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.
PASSED AND APPROVED this
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, 1973.
Mayor
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City Secretary
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/ City Attorney
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ATTEST:
PARCEL 52-2
M:arch 27, 1972
FIELD NOTES FOR A TRACT OF LAND OUT OF THE G. MALPAZ
SURVEY NO. 67, AS RECORDED IN VOLUME 392, PAGE 631
OF THE DEED RECORDS OF GUADALUPE COUNTY, TEXAS.
BEGINNING at an iron pin set on the new north Right-of-Way line of Main Street,
said point also being the present southwest corner of the Willie E. Ebert Tract,
as recorded in Volume 191, Page 501 of the Deed Records of Guadalupe County,
Texas;
THENCE:
distance
o
S 60 00' W, along the new north Right-of-Way line of Main Street, a
of 95.00 feet to an iron pin set for the southwest corner of this tract;
THENCE:
recorded
distance
N 300 19'
in Volume
of 116.60
W, along the east line of the Mrs. Dora Rhodes Tract as
211, Page 360, Deed records of Guadalupe County, Texas, a
feet to an iron pin set for the northwest corner of this tract:
THENCE: N 600 00' E, a distance of 95.00 feet to an iron pin set for the north-
east corner of this tract:
THENCE: S 300 19' E, along the west line of the above mentioned Willie Ebert
Tract, a distance of 116.53 ft. to the point of beginning and containing 11,070.18
square feet of land.
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A'rmando A. Aranda
Registered Public
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Surveyor
AAA:ks
Exhibit "A"