74-U-13
I
AN ORDINANCE No. 74-U-13
APPROVING THE PRICE AND CONDITIONS OF THE SALE BY
THE URBAN RENEWAL AGENCY OF THE CITY OF SCHERTZ OF
PROPOSED PARCEL 55-21W, LOCATED WITHIN THE BUFFALO
VJ\LLEY NORTH URBAN RENEWAL PROJECT, TEX. R-112, TO
TOYE FOX FOR THE SUM OF $6,975.00 FOR 9,958.31
SQUARE FEET.
WHERE.AS, 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 advertisement, there was a bid submitted by
Toye Fox for a parcel of property described as Urban Renewal Disposition
Parcel No. 55-21W, within said Project; and
WHEREAS, said bid of $6,975.00 for 9,958.31 square feet was within the
minimwn 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 March 15, 1974, by a Resolution
duly passed on March 18,1974, and whereas said Resolution authorized sale to
the said Toye Fox and recommended 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 No. 55-21W, within its Buffalo Valley
North Project Tex. R-112, to Toye Fox 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 $6,975.00 for 9,958.31 square
feet, is also hereby approved.
4. The sale by the Urban Renewal Agency is made subject to the restrictions
of the Redevelopment Plan for Buffalo Valley North Project Tex. R-112 as approved
and amended and is on file in the Office of the Executive Director.
5. The conditions of the disposition documents, including the Deed and
Contract for Sale of Land for Private Redevelopment, a copy of which is on file
in the Office of the Executive Director, together with this Ordinance, are here-
by approved.
6. The City Secretary is hereby directed to furnish copies of this Or-
dinance to the Executive Director of the Urban Renewal Agency.
PASSED AND APPROVED this
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, 1974.
Mayor
ATTEST:
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City Secretary
APPROVED AS TOYOR,M:
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PARCEl. 55-21 - ...~
July 6, 19'71
PRDJ8CT ~S R-112
BUPl'ALO VALLEY RORTfl
FIEJ..D gOTES FOf< A TRACT OF LAND OUT OJ! 'mE G. Mll.Ll?A.Z SURVEY NO.
67 AND OUT OF 1m WILLIE HIt.L&RT TRN:'T. PART OF WHICH IS RJiX:'ORDlW
IN VOLUME 19~. PAG;;; 251 AND PART IN VOLUME 236, PAGE 478 01" THE
DEED RiX:OUDS OF GtP.DlU.UPE COOlIlTY. Tl!DCAS.
BootNNING at an irOn pin .et on the new south line of Main Street and the pr....nt
east line of ~.. Ella Eber~~Trac~. a. recorded in Volume 194, Page 497 of the
Deed r$Cords of blaadalupe County, Texa.,
THE:'CBI witll the new north line of Main Stre.t, . 600 00' E. ill di.t&nce of 54.54
ft. to an iron pin set at the point of curvature of ill curve to the iiqht,
THEOCEI with ..1d curvEt, who.e racU.1I8 is 15.00 ft., . cUsunce of 23.S6 ft. to
an icon pin set at the point of tanqeA!l'Y along the proposed west li....e of Randolph
A'''lilnue,
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TBElIeJh with the pa;opoeed _.~ line of lJ.-"lph Avenue, S 30 00' E. . diat.aace
ot 111.e6 ft. to an iron pin set for the 80Qtheaet corner of thi. tract, said
point be!!19 a1o!19 the north line of the G. B. (. S. A. Railroad,
TBlDICEI with the north 1i1\8 of the Q. B. .. to. A. Railroad, S 620 59' W, a di.t-
&nee of eO.97 ft. to an iron pin "~ for tbe .000th"e.~ corner of this tract. oid
point lUlIO being the 1IOII1:h...~ eocner of tile above .entioned _.. Ella Bbert
Tract,
T_l!:1 with the _st 1i_ of the Mrs. .11. Ebert Tract, iii 290 23' W. . 4i.stancle
of 122.65 ft. to the poin~ of belJinnilll9 aDd conta1oiDill 9. 9S8. 31 sq. ft. of land.
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