ORDINANCE NO. 84
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ORDINANCE NO. ~~
AN ORDINANCE RELINQUISHING AND RESCINDING ANY AND
ALL RIGHTS OF CITY OF SCHERTZ, TEXAS, IN OR TO
OPTION AGREEMENT GRANTED BY SCHERTZ WATER WORKS,
INC., ON NOVEMBER 19, 1962; CONTAINING OTHER PRO-
VISIONS RELATING TO SAID OPTION AGREEMENT ; AND
PROVIDING THAT THIS ORDINANCE SHALL BE IN FULL
FORCE AND EFFECT FROM AND AFTER ITS ADOPTlON
THE STATE OF TEXAS ~
COUNTY OF GUADALUPE ~
The City Council of the City of Schertz, Texas, convened
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session at .L';{/1'~1~ih-J-;~~-~,.t;! /./...~.I_ ,
day of ~~ ,1963, with the following members
on the ,., r-
present, to-wit:
Dr. Roy W. Richard
Mayor
Ralph R.. Ikels
Alderman
Elgin Beck
Alderman
George P. Bolton
Alderman
W. E. Ebert
Alderman
R. R. Cosby
Alderman
G. W. Pickrell
City Secretary
and the following member(s) absent, to-wit: ~
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when the following, among other business, was transacted, to-wit:
The Mayor introduced an ordinance which was read in full.
Alderman t:"sJv
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made a motion that the ordinance be adopted as
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read. Alderman ) ;f-'~/.s
seconded the motion for adoption of said
ordinance.
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The motion, carrying with it the adoption of the ordinance,
prevailed by the following vote:
AYES: Aldermen Ikels, Beck, Bolton, Ebert,
Cosby, and Mayor Richard.
NOES: None.
The Mayor thereupon announced that the motion had duly and
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lawfullyicarried, and that the ordinance had been duly and lawfully
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adopted. T~e ordinance thus adopted follows:
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AN ORDINANCE .RELINQUISHING AND RESCINDING ANY AND
ALL RIGHTS OF CITY OF SCHERTZ, TEXAS, IN OR TO
OPTIONAGREEMENT GRANTED BY SCHERTZ WATER WORKS,
INC.,ON NOVEMBER 19, 1962; CONTAINING OTHER PRO-
VISIONS RELATING TO SAID OPTION AGREEMENT; AND
PROVIDING THAT THIS ORDINANCE SHALL BE IN FULL
FORCE AND EFFECT FROM AND AFTER ITS ADOPTION
WHEREAS, on the 19th day of November, 1962, Schertz Water
Works, Inc., a Texas Corporation (hereinafter sometimes called
"Corporation"), by proper option agreement granted to the City of
Schertz, Texas, a municipal corporation organized and existing under
the laws of the State of Texas (hereinafter sometimes called "Schertz "),
a conditional option, upon the terms and conditions set forth in said
option agreement, to purchase certain properties described in said op-
tion agreement (situated in Guadalupe and Bexar Counties, Texas); and
WHEREAS, Schertz is purchasing from Corporation less than
all of the properties described in said option agreement; and
WHEREAS, Schertz wishes to relinquish and rescind any and
all of its rights in or to said option agreement, and to ratify and
confirm the cancellation and revocation of such option agreement by
Corporation; Therefore
BE IT ORDAINED BY THE' CITY COUNCIL OF THE CITY OF SCHERTZ,
TEXAS:
Section 1:
That the City of Schertz, Texas, does hereby affirmatively
and officially relinquish and rescind any and all rights of said City
in and to that certain option agreement, dated November 19, 1962,
from Schertz Water Works, Inc., to said City of Schertz, and does
hereby affirmatively and officially ratify and confirm the cancella-
tion and revocation of such option agreement by said Schertz Water
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Works, Inc.
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Section 2:
That this ordinance shall be in full force and effect from
and after its adoption.
PASSED AND APPROVED this ~ day of
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, 1963.
Texas
ATTEST:
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Ci ty Secre tary
(SEAL)
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