ORDINANCE NO. 73-U-22
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.AN ORDINANCE # 7 S ~ U - 1- ;L.
APPROVING THE PRICE .AND CONDITIONS OF THE SALE BY THE
URBAN B.ENEliAL AGENCY OF THE CITY OF SCHERTZ OF PROPOSED
PARCEL 53-6, LOCATED WITHIN THE BUFFALO VALLEY NORTH
URB.AN RENE.WAL PROJECT, TEX. R-1l2, TO SCHERTZ STATE BANK
FOR THE SUM OF $13,000.00 FOR 14,160 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-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
Schertz State Bank for a parcel of property described as Urban Renewal
Disposition Parcel 53-6, within said Project; and
WHEREAS, said bid of $13,000.00 for 14,160 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 September 26, 1973, by a Resolution
duly passed on October 10, 1973, and whereas said Resolution authorized sale
to the said Schertz State Bank 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-1l2, 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 53-6, within its Buffalo Valley North
Project Tex. R-112, to Schertz State Bank are hereby approved in accordance
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
partiC1uarly described by field notes attached hereto and marked as Exhibit
"A" of this Ordinance.
3. The consideration for said sale being $13,000.00 for 14,160 square
feet, is also hereby approved.
4. The sale by the Urban Renewal Agency is made subject to the restric-
tions of the Redevelopment Plan for Buffalo Valley North Project, Tex. R-1l2
as approved and amended and is on file in the Office of the Executive Director.
5. The conditions of the disposition documents, including the deed and
Contract for Sale of Land for Private Redevelopment, a copy of which is on
file in the Office of the Executive Director, together with this Ordinance,
are hereby approved.
6. The City Secretary is hereby directed to furnish copies of this
Ordinance to the Executive Director of the Urban Renewal Agency.
PASSED AND APPROVED this :IS- day of (Jr-ti-.12---V , 1973.
I~/ (! c2L/~u'
Mayor
ATTEST:
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.4 City Secretary
~'9 TO FORM: /'
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v~ty A1;1;orney
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MIIrch "'L !977
FULD NO'J'l'S JPOl't A 0 _:n IICRE 'l'RAC'l' 01' 1J'.l\ID OUT OF 'Zit,t
MRS. OIU\ [;. SilMLIN()Ea TRACT Awn flEIM'i PART 'ie' TliL G.
JIU.PAZ 8UR;VA'Y hOe i> 7 AS RIlCOODE:D U,iOLUMiG 29;), IU\t,c""
6~-{i'1 Of' TRS OESD lU!ICORDS OF cUUlt\t.lJPE: COUN'1'1l. Tl::XA~.
aaGIDlt<<1 .t .n iron pin .Iilt at the na-.. ,?.::-tfl Rlqht-of."'e) Lne Qf *1:'1 3t:l'..,t,
.aW polnt ''fling l) 600 0(" W, tiO.O ft. trO/ll tn. int;$ra_t.l.on of tLe _at Ri'llht-
of-Wa)' LlM of kendo'pb A. anue with the n_ north RJqJlt-of-W.}' . ina of MIllo
Str_t, fOr U.. point 01 '-~innia" of this t.:ac:t,
ftIIsa;&l
di.tanc.
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of 100.0 ft.
.1Gn9' the n_ l10rth iliqht-of-l,.ay 'i_ of Main ,i;t;r..t.. .
to an iron pin ..tior thtl aouth_at CO~:lG' of thia t.ract,
o
'l'H1D1CE. N 30 00' w, aloQ9 th" e..t --in" of the l30hbiQ L. 8F11it:n TrllCt ..
r~rded in VOl..... 403. Page )29 ot the aelt'(1 f',,"eo,ds of Guada t tl~ COi.1oty, Texa.,
a diaUnce of 141.6 ft. to an iroll pin aot f~~ the !'\Qzthwe!!lt: cor"", of thi.
tract t
'1'HJDiICJh ~l ;;00 00' .e. 1.00.0 ft. to an i H>n pi n .etfo~. th"" .'1Qrth...t CCX".:: of
tJli. trllC~, a.1~ point "".1$9' at tl", _at ,i ".e of t.lle Mre. .E1 ~ a Ebert Tract ..
~oX"4ed in Vol_ 30. P~. 98 of tb.. C1e.'-ld roa-co!d. of Guada upo County, ~xa.,
T~Jh
.iataDC!.
land.
3 300 00' E, .' C,'on<;! the _.t l. iae of .aid M~... I!P.. r~b$l't T/:act, .
of 141.6 ft. to th.. poi!'lt of ..4g'::\nin<; aM cOrltaidn~ 0.33 ac~e. of
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~LI;'!l.<lO - A-. A~~;- - . ,-:;,.=:,~=-
Rlt9iat.H.J4 PUbhc $...::=.,.,ry.:>!
AM Ilt.
Exhibit "A"
A RESOLUTION
ACCEPl'ING mE HIGHEST AND BEST RESPONSIBLE mD FOR
THE PllRCHASE OF ALL OF PARCEL NO. 53...6. LOCA~
WI'lHIN THE URBAN REtmNAL HlOJJ!X)T. BOFFALO VALLEY
N<R'l'H PROJECT TEX. R-112 CONSISl'ING OF A TOTAL OF
14.160 SQUARE FEET FOR THE SUM OF $ 13,000.00
ACCEPl'ING THE 'llmMS AND CONDITIONS F<R THE PURCHASE
OF SAID ffiOP:tiRTY AS SET FORTH IN THE BID lXlCtlHENTS
SUBMITTED; ESTABLISiING A MINIMllN DISPOSITION PRICE
OF PARCEL NO. 53-6; AND AUTHCRIZING THE AGENCY
CliAIRMAlI TO IUECUTE A WARRANTY DEED AND A CONTRACT
FOR LAND DISPOSITION AFTER CONCURRENCE IN SAID SALE
BY THE CITY OF SCH1!RTZ AND THE IlEPAR'lMENT OF HOUSING
AND UR1IAN DEVELCPMENT; AND DIRECTING THE AGENCY'S
EXECUTIVE DIIUO::TOR TO FORWARD mE mOPOSED SALE
PRICE AND CONDITIONS THERliXlF FOR APPROVAL BY THE
CITY COUNCIL OF THE CITY OF SCHERTZ.
WHEREAS. the Urban ReMval Agenoyof the Cityof' Schertz offered for
sale the follcndng described property looated within Urban Renewal Projeot,
Buffalo Valley North Project Tex. R-112; Parcel 53-6. square feet. 14.160;
and
WHEREAS. pu.blic advertisement of such proposed sale Wall placed in the
Valley News and the Weekly Herald. all ne1ftIPape1's with a general circulation
in Schertz. Guadalvpe County. Texas. on September 5. 1973 and September 1;:. 1573;
and
WEIl1!:AS. after a bid period of not less than twentyr-one (21) days. bids
were opened at 2:00 P. M. on September 26. 1973. b,y the Executive Director of
the Urban Renewal lIg8Iloy'; and
\rlHiREAS. only one (1)
No. 53-6,; and
bid(iJ) was/wN: submitted on all of Parcel
WHEREAS. the bid of
Bxecutiw Director; and
Schertz State Bank, Scherh, Texas
i. recOllllllltnded for approval b,y the
WHmlEAS. it is the opinion of the Board, after considering the terms, con-
ditions and proposed purchase price set forth in said bid, that it is accept-
able and the highest and IIlOst responsible bid for said property;
NCM, mEREFCBE. BE IT RESOLVED BY THE BOARD ClJ.7 CONMISSIONERS 01" THE URBAN
RENEWAL AGENCY OF THE CITY OF SCHERTZ:
1 . The attached bid of Schertz State Bank
s1pd by Weldon Willbanks
in the Bum of $ 13.()Q(1.00 for the purchase of all of Parcal No. 53-6.
located within Buffalo Valley North Project Tex. &-112 is hereby" accepted.
2. The terms and conditions for the purchase of the property described
in the perag1'aph above ae sublll1tted b,y said purchaser _ hereby approved.
'3, The min:I.mwn d18position price for said property is hereb,y established
at $ 13.000.00 for 14.160 square feet.
4. It is understood that the purchase price set forth in the attached
bid 1lIU8t be paid in cash subject to the terms and conditions of the attached
bid.
5. It is a finding of this Agency that said bid is the highest and
best responsible bid for the purchase of all of Parcel No. 53-6.
6. The A8ency's Cha1r!rlan is hereby authorized to execute a contx'act
for land d18position with and a Warranty Deed to Schertz St.ate Bank.
,~h~M'.ry:. TA',~~:e.tt pursuant to the terms of the bid
doCUlll8I1ts after concurrence in said sale by the City of Schertz and the
Department of Housing and Urban DeveloplDfJllt.
7. The Executive Director is authorized to place the Agency's seal
upon and attest the signature of the Cha:iDJan on the Deed IIl8ntioned in
paragraph next above and forward said deed to 5'tewa1't Title Company for
ciliaB1ng .
8. The Executive Director is directed to forward this Agency's action
for the we of this parcel to the successful bidder and to the City
C<~\\ncll of the City of Schertz for approval of' the terms and conditions of
this proposed sale as providliel by law.
9. PASSED AND APHWVED this
9tn
day of October, 1973.
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IlJIJ1L/ !~- _
Chai:.'"I!Ia."l.
ATTEST:
~/
a/ ~$.-'L,
Secretary
Resolution No.
200