Loading...
15-R-52 - EDC & Good Shepherd Catholic Church House and Land PurchaseRESOLUTION NO. 15 -R -52 A RESOLUTION BY THE CITY COUNCIL OF THE CITY OF SCHERTZ, TEXAS AUTHORIZING A PURCHASE CONTRACT OF IMPROVED REAL PROPERTY BETWEEN THE CITY OF SCHERTZ ECONOMIC DEVELOPMENT CORPORATION (SEDC) AND THE GOOD SHEPHERD CATHOLIC CHURCH, AND OTHER MATTERS IN CONNECTION THEREWITH WHEREAS, the Archdiocese of San Antonio through Rev. Gustavo Garcia - Siller, Archbishop of San Antonio has agreed to sell to the SEDC approximately 0.541 acre tract out of the G. Malpaz Original Survey No. 67, Abstract 221, Schertz, Guadalupe County, Texas, being the same property with GEO ID #2G0221- 0000 - 09900 -0 -00 (the "Property ") for TWO HUNDRED FIFTEEN THOUSAND AND NO /100 DOLLARS ($215,000); and WHEREAS on June 24, 2015, the SEDC board held a public meeting wherein on recommendation of City Staff voted unanimously to approve the form of this Resolution and recommend its passage by City Council; and WHEREAS, the City Council has determined that it is in the best interest of the City to authorize the purchase of the Property by the SEDC. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SCHERTZ, TEXAS: Section 1. The recitals contained in the preamble hereof are hereby found to be true, and such recitals are hereby made a part of this Resolution for all purposes and are adopted as a part of the judgment and findings of the City Council. Section 2. The City Council hereby authorizes the SEDC President to execute and deliver a purchase of the Improved Property Contract, in substantially the same form, as set forth on Exhibit "A "; provided such contract is first fully executed on behalf of Seller. Section 3. Upon Seller's production of a survey of the property satisfactory to the title insurance company and a commitment for title insurance issued by the title insurance company approved by the City Attorney, City Council hereby authorizes the SEDC President to close on the purchase of the Property, accept the Special Warranty Deed, in substantially the same form as shown in Exhibit "A ", and execute such other closing documents reasonably required by the title insurance company or seller. Section 4. All resolutions, or parts thereof, which are in conflict or inconsistent with any provision of this Resolution are hereby repealed to the extent of such conflict, and the provisions of this Resolution shall be and remain controlling as to the matters resolved herein. Section 5. This Resolution shall be construed and enforced in accordance with the laws of the State of Texas and the United States of America. Section 6. If any provision of this Resolution or the application thereof to any person or circumstance shall be held to be invalid, the remainder of this Resolution and the application of such provision to other persons and circumstances shall nevertheless be valid, and the City Council hereby declares that this Resolution would have been enacted without such invalid provision. Section 7. It is officially found, determined, and declared that the meeting at which this Resolution is adopted was open to the public and public notice of the time, place, and subject matter of the public business to be considered at such meeting, including this Resolution, was given, all as required by Chapter 551, Texas Government Code, as amended. Section 8. This Resolution shall be in force and effect from and after its final passage, and it is so resolved. PASSED AND ADOPTED, this 7th day of July, 2015. CITY OF SCHERTZ, TEXAS ATTEST: Brenda Dennis City Secretary (CITY SEAL) 50234811.1 EXHIBIT A IMPROVED PROPERTY CONTRACT 50234811.1 A -1