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HomeMy WebLinkAbout10306 ORD - 06/16/1971VMP:6/11/71 1 2 TEXAS: AN ORDINANCE APPROPRIATING OUT OF NO. 220 STREET BOND FUND THE SUM OF $609.50, OF WHICH AMOUNT $350 IS FOR ACQUISI- TION OF PARCELS 3, 4, AND 5 AND $259.50 IS FOR RELATED EXPENSES APPLICABLE TO PROJECT NO.220 -67 -92.4 N.I.P. HILLCREST AREA; AUTHORIZING AND DIRECTING THE CITY MANAGER TO EXECUTE REAL ESTATE SALES CONTRACTS FOR AND ON BEHALF OF THE CITY OF CORPUS CHRISTI, WITH THE OWNERS, FRANK C. YOUNG, ET UX ARDALIA T. YOUNG; AND DECLARING AN EMERGENCY. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, SECTION 1. THERE IS HEREBY APPROPRIATED OUT OF N0. 220 STREET BOND FUND THE SUM OF $609.501 OF WHICH AMOUNT $350 IS FOR ACQUISITION OF PARCELS 3, 4, AND 5 AND $259.50 IS FOR RELATED EXPENSES APPLICABLE TO PROJECT N0. 220 -67 -92.4 N.I.P. HILLCREST AREA, SAID PARCELS BEING DESCRIBED AS FOLLOWS: PARCEL NO. 3 BEING A TRACT OF LAND OUT OF LOT 4, BLOCK �zz SUNSET PLACE, AS SHOWN BY MAP OF RECORD IN VOLUME 4, PAGE 25, MAP RECORDS, NUECES COUNTY, TEXAS, SAID TRACT OF LAND BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: BEGINNING AT THE MOST NORTHERLY CORNER OF SAID LOT 4, SAID POINT BEING IN THE SOUTHWEST RIGHT -OF -WAY LINE OF WEST BROADWAY FOR THE MOST NORTHERLY AND BEGINNING CORNER OF THE TRACT HEREIN DESCRIBED; THENCE S. 69° OBI 4O° E., WITH THE NORTHEAST BOUNDARY LINE OF SAID LOT 4, A DISTANCE OF 50.64 FEET TO THE MOST EASTERLY CORNER OF SAID LOT 4, FOR THE MOST EASTERLY CORNER OF THE TRACT HEREIN DESCRIBED; THENCE S. 29' 441 10" W., WITH THE SOUTHEAST BOUNDARY LINE OF SAID LOT 4, A DISTANCE OF 3.65 FEET TO A POINT FOR THE MOST SOUTHERLY CORNER OF THE TRACT HEREIN DESCRIBED; p THENCE N. 68' 34'.W., A DISTANCE OF 50.57 FEET TO A POINT IN THE NORTHWEST BOUNDARY LINE OF SAID LOT 4, FOR THE MOST WESTERLY CORNER OF THE TRACT HEREIN DESCRIBED; THENCE N. 29° 451 30" E., WITH THE NORTHWEST BOUNDARY LINE OF SAID LOT 3, A DISTANCE OF 3.14 FEET TO THE POINT OF BEGINNING. CONTAINING 171.6 SQUARE FEET OF LAND MORE OR LESS. 10306 0 PARCEL NO. 4 BEING A TRACT OF LAND OUT OF LOT 5, BLOCK 1, SUNSET PLACE, AS SHOWN BY MAP OF RECORD IN VOLUME 4, PAGE 25, MAP RECORDS NUECES COUNTY, TEXAS, SAID TRACT OF LAND BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: BEGINNING AT THE MOST NORTHERLY CORNER OF SAID LOT 5, SAID POINT BEING IN THE SOUTHWEST RIGHT -OF -WAY LINE OF WEST BROADWAY FOR THE MOST NORTHERLY AND BEGINNING CORNER OF THE TRACT HEREIN DESCRIBED; THENCE S. 69' 08' 4011 E., WITH THE NORTHEAST BOUNDARY LINE OF SAID LOT 5, A DISTANCE OF 50.64 FEET TO THE MOST EASTERLY CORNER OF SAID LOT 5 AND FOR THE MOST EASTERLY CORNER OF THE TRACT HEREIN; THENCE S. 29' 43' W., WITH THE SOUTHEAST BOUNDARY LINE OF SAID LOT 5, A DISTANCE OF 4.17 FEET TO A POINT FOR THE MOST SOUTHE'R'LY CORNER OF THE TRACT HEREIN DESCRIBED; THENCE N. 68' 34' W., A DISTANCE OF 50.57 FEET TO A POINT IN THE NORTHWEST BOUNDARY LINE OF SAID LOT 5, FOR THE MOST WESTERLY CORNER OF THE TRACT HEREIN DESCRIBED; THENCE N. 29' 44' 10" E,, WITH THE NORTHWEST BOUNDARY LINE OF SAID LOT 5, A DISTANCE OF 3.65 FEET TO THE POINT OF BEGINNING. CONTAINING 197.9 SQUARE FEET OF LAND MORE OR LESS. PARCEL NO. 5 BEING A TRACT OF LAND OUT OF LOT 6, BLOCK 1, SUNSET PLACE AS SHOWN BY MAP OF RECORD IN VOLUME 4, PAGE 25, MAP RECORDS, NUECES COUNTY, TEXAS, SAID TRACT OF LAND BEING MORE PAR- TICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: BEGINNING AT THE MOST NORTHERLY CORNER OF SAID LOT 6, SAID POINT BEING IN THE SOUTHWEST RIGHT -OF -WAY LINE OF WEST BROADWAY, FOR THE MOST NORTHERLY AND BEGINNING CORNER OF THE TRACT HEREIN DESCRIBED; THENCE S. 69' 08' 401f., WITH THE NORTHEAST BOUNDARY OF SAID LOT 6, A DISTANCE OF 50.64 FEET TO THE MOST EASTERLY CORNER OF SAID LOT 6, FOR THE MOST EASTERLY CORNER OF THE TRACT HEREIN DESCRIBED; THENCE S. 29' 41' 55" W., WITH THE SOUTHEAST BOUNDARY OF SAID LOT 6, A DISTANCE OF 4.68 FEET TO A POINT FOR THE MOST SOUTHERLY CORNER OF THE TRACT HEREIN DESCRIBED; THENCE N. 68' 34' W,, A DISTANCE OF 50.56 FEET TO A POINT IN THE NORTHWEST BOUNDARY OF SAID LOT 6, FOR THE MOST WESTERLY CORNER OF THE TRACT HEREIN DESCRIBED; THENCE N. 29' 43' E., WITH THE NORTHWEST BOUNDARY OF SAID LOT 6, A DISTANCE OF 4.17 FEET TO THE POINT OF BEGINNING. CONTAINING 221.4 SQUARE FEET OF LAND MORE OR LESS. -2- SECTION 2. THAT THE CITY MANAGER BE, AND HE IS HEREBY AUTHORIZED, FOR AND ON BEHALF OF THE CITY OF CORPUS CHRISTI, TO EXECUTE REAL ESTATE SALES CONTRACTS WITH THE OWNERS, FRANK C. YOUNG, ET UX ARDALIA T. YOUNG, COPIES OF SAID REAL ESTATE SALES CONTRACTS MARKED EXHIBIT "A", °B ", ANDS "Cn BEING ATTACHED HERETO AND MADE A PART HEREOF. SECTION 3. THE NECESSITY TO APPROPRIATE THE SUM HEREINABOVE DESCRIBED AND THE ACQUISITION OF THE AFORESAID PARCELS CREATES A PUBLIC EMERGENCY AND AN IMPERATIVE PUBLIC NECESSITY REQUIRING THE SUSPENSION OF THE CHARTER RULE THAT NO ORDINANCE OR RESOLUTION SHALL BE PASSED FINALLY ON THE DATE OF ITS INTRODUCTION BUT THAT SUCH ORDINANCE OR RESOLUTION SHALL BE READ AT THREE SEVERAL MEETINGS OF THE CITY COUNCIL, AND THE MAYOR HAVING DECLARED SUCH EMERGENCY AND NECESSITY TO EXIST, AND HAVING REQUESTED THE SUSPENSION OF THE CHARTER RULE AND THAT THIS ORDINANCE BE PASSED FINALLY ON THE DATE OF ITS INTRODUCTION AND TAKE EFFECT AND BE IN FULL FORCE AND EFFECT I FROM AND AFTER ITS PASSAGE, IT IS ACCORDINGLY SO ORDAINED, THIS THE /UI/ p DAY OF JUNE, 1971. ATTEST: CITY SE RE AR ' MAYOR THE CITY OF CORPUS HRISTI, TEXAS APPROVED: 45 —�%' DAY OF JUNE, 71: C7 ATTORN Y t Parcel No r PIT 2 - Form 14 REAL ESTATE SALES CONTRACT THE STATE OF TEXAS COUNTY OF NUECES This memorandum of agreement made and entered into by and between Frank C. Young et ux Ardalia T. Young hereinafter called Sellers, of the County of Nueces , State of Texas, and the City of Corpus Christi, hereinafter called Buyer, of the County of Nueces, State of Texas, W I T N E S S E T H: 1. The Sellers, for the consideration and upon the terms hereinafter set out, hereby agree to sell and convey unto Buyer, and Buyer agrees to buy the following described property situated in Nueces County, Texas, to -wit: Being a tract of land out of Lot 11, Block 1, Sun-cot Place, as shown by Map of record in Volume 4, Page 25, Map Records, Nueces County, Texas, said tract of land being more particularly described by metes and bounds as follows: Beginning at the most northerly corner of said Lot 4, said point being in the Southwest right of way line of West Broadway for the most northerly and beginning corner of the tract herein described; Thence S. 690 08' 40" E., with the northeast boundary line of said Lot 4, a distance of 50.64 feet to'the most easterly corner of said Lot 4, for the most easterly corner of the tract herein described; Thence S. 290 44' 10" W., with the southeast boundary line of said Lot 4, a distance of 3.65 feet to a point for the most southerly corner of the tract herein described; 0 Thence N. 68 34' W., a distance of 50.57 feet to a point in the northwest boundary line of said Lot 4, for the most westerly corner of the tract herein described; Thence N. 29 45' 30" E., with the northwest boundary line of said Lot 3, a distance of 3.14 feet to the point of beginning. Containing 171.8 square feet of land more or less. - 1 - XH /8 /T f1 PW 2 - Form 14a 2. The purchase price is $119,00 3. The Sellers shall provide at the expense of Buyer, a Title Insurance Policy, without exceptions to said title being made in said title policy, which policy shall wholly insure and indemnify the Buyer against any title defects or adverse claims thereto. Said Title Insurance Policy shall be issued through a reliable Title Insurance Company and shall be delivered to the Buyer on the date of the closing of this deal. 4. Upon the securing of the Title Insurance-Policy provided for herein to be prepared by purchaser, Sellers agree to deliver a good and sufficient General Warranty Deed drawn in accordance with the provisions of this contract, properly conveying said property to said Buyer, and Buyer agrees thereupon to make the cash payment. 5. All taxes to be paid by Sellers up to and including the year 1970 6. Due to the very negligible amount of Taxes duc the City for 1971 and // wy the greater cost of calculating and collecting the same, payment of such taxes remitted,. -& fV:q:- sub'ect to approval of this contract by the City Council. wr 6 - bltukr -remit tars �r�ac+es r�nksr�a- ir+tarestr- ti- ar�yc,� -to--- �3e tPPratc'(P-13�_fweell- 4911 -the- y&axL 19 'fib---- to- 4a_k6- of- 6los�xigr- .except..as..may.1 - herA;n ..ather zizapmvidad. 7. Buyer has this day deposited with the Title Insurance Company or Title Guaranty Company the sum of Dollars as earnest money hereunder to be applied on the cash payment above set out when deal is closed, at which time the balance of cash consideration shall also be paid. Should the Buyer fail to consumate this contract as herein specified for any reason, except title defects, the Sellers shall be entitled to receive said cash deposit as liquidated damages for the breach of this contract, or may at their option, enforce specific performance hereof. When the executed deed and any other necessary executed papers and the balance of the cash payment are in possession of the Title Insurance Company or Title Guaranty Company said title company will close the deal in accordance - 2 - I . PW 2 - Form l4e with its usual and customary procedure. In the event Sellers rail 'to tender a decd conveying said property in accordance with the terms of the contract within the time provided herein the Buyer may enfcrce performance of this contract by inaction for specific performance thereof. 8. The Buyer agrees to accept title subject to all outstanding restrictiv covenants and use restrictions, if any, of record, and all city zoning and regulatory ordinances, if any, applicable to said property. 9. vi ••oa•4•• o •o4a a •o• N•aaoN• n• ek' or• eesrso '••va'ss'rao{'•••••••••••••• ••••••••• ••• ••••• 1•••••••i {0l` Y•• @�E•0 ' @YhN •a0•a'0'•OG! •s D'•o'Y•• 0•'•d0•• Y•OD • D•SD •ooea�o •aee •e •4ea•e•'D, ••••lSYO•!e• l004.Oee'•• 7� D'l`'O' •DDd `e'0' `a •a1Y'Ya•' •YO'•♦ ODOOIY ►♦ • @•P••• • •• Y•`OD•••i0•••• *!• !4••iY•a0'•aa ••'••••NOY'Yi Y• '•Oi •L•'•• 'Y•'••0.O• O••a•O••••• i)rye {a {••• "etl•i•• ♦ !•it• a f • ?'!•a• • N `•� eC0 PLOY. •'OCY {D• OW'f•'tiY "•Oi 0a 0a'YD ?H•0•'• 1i0• 'S• <• e0p {9 D•tl0• 1'{D4••• ?• e•e DY• 0 ♦a 009 @O.O "eOC••'l`'! 'D' ON9 °• {�4••'QOD9'Q`De DDB• CO•••• •!'1 • . .. e• 0•.•• PYVPS4 ••Ua4!!••9ryY0a'•OG'N'••aCP'e'• !�l`'a {YbP'•P•'•{Y•' 2aiQ•'! {`• •Oa0 a•••Qa• 10. It is understood by all parties here�o that this deal is to be closed through the Title insurance Company or Title Guaranty Companyon or before sixty (6o) days from this date. .R•.•: '•DYe•'e•)a9 •T lPCPa•••P•tl_ OY• OOl !!e•@ !O.4'0 'Y•DUODla {'• {rN'a'O 'a'QQQ ?1• QD'0'D•OD'0•D ODOiDS :01Y 0 r a)••0 0•tl'@0.444 4Q• 0• 8• aaeD• atl•@ O' 0u•!' D• a ' #•4•e•eY "' @'!aZ °)'! {°3'Y'a'•)b 0'Q• D•0 �'a•'D'7i0 Y•O a0 i e•o•aY•aa: n 11. 12. By Sellers execution hereof, Sellers acknowledged that they have read this agreement and they acknowledged that they understand that this agreement is not binding on Buyer until properly authorized by the City Council and executed by the City Manager of the City of Corpus Christi, Texas. It is further understood however, that Buyer must execute this agreement within 30 days from the date of Sellers execution or this agreement shall be null and void and none of the provisions hereinabove set out will bind either party. -3 • PW 2 - Form 14d EXECUTED in triplicate, either copy of which shall constitute an original, on this the day of ✓ U r N. 19�• ATTEST: Frank C. Young � J"7 Ardalia T. Young City Secretary SELLERS CITY OF CORPUS•CHRISTI, TEXAS APPROVED AS TO AL FORM THIS BY: DAY OF ,19Z• City Manager BUYER Cit Attor ey Form .111••e 7.'111: STA'T'E OF TEXAS Co'JNTY 01' 14UECLS BEFORE 112, T%e -undersigned authority, on this day personally appeared R. l;arvin Townsend, City manager of the City of Corpus Christi, Texas, known to me to be the person whose name is subscribed to the foregoing instrument and acknowledged to me that he executed the same for the purposes and consideration therein expressed, and in the capacity therein stated and as the Act and Deed of said City. GIVEN UNDER 1dY IIA14D AND SEAL OF OFFICE, This' day of ' a•9 ' Notary Puol.ic in ana for Nueces County, Texas T1M'STATE OF TEXAS COUNTY OF NUECES BEFORE ME, The undersigned authority, on this day personally appeared known to me to be the person whose name is subscribed to the foregoing instrument, and ack_nowledged,to me that he executed the same for the purposes and consideration therein expressed. GIVEN UNDER MY HAND AND SEAL OF OFFICE, This the day of Notary Public in and for Nueces County, Texas WE STATE OF TEXAS CCJNTY OF NUECES BEFORE bE, The undersigned authority, on this day personally appeared Frank C. Young and Ardalia T. Young , his wife, both known to me to be the persons whose names are subscribed to the foregoing instritmer_t, and acknowledged to me that they each executed the same for the purposes and consideration therein expressed, and the said Ardalia T. Young wife of the said Frank C. Young , having been examined by me privily ap_d apart from her husband, acknowledged such Instrument to be her act and deed, and declared that she had willingly :signed the same for the purposes and consideration therein expressed, and that she did not wish to retract it. iil!• GIVEN UNDER MY 1iAND AND SEAL OF OFFICE, The day of 1Jot :m;v.l4rir 1r_ iu mud fut' PJtUici:❑ CoiulL,y, '1'�3n :: Parcel T PW 2 - Form 14 REAL ESTATE SALES CONTRACT THE STATE OF TEXAS COUNTY OF NUECES This memorandum of agreement made and entered into by and between Frank C. Young and Ardalia T. Young hereinafter called Sellers, of the County of Nueces , State of Texas, and the City of Corpus Christi, hereinafter called Buyer, of the County of Nueces, State of Texas, W I T N E S S E T H: 1. The Sellers, for the consideration and upon the terms hereinafter set out, hereby agree to sell and convey unto Buyer, and Buyer agrees to buy the following described property situated in Nueces County, Texas, to -wit: Being a tract of land out of Lot 5, Block 1, Sunset Place,.as shown by map of record in volume 4, page 25, Map Records, Nueces County, Texas, said tract of land being more particularly described by metes and bounds as follows: Beginning at the most northerly corner of said Lot 5, said point being in the Southwest right -of -way line of West Broadway for the most northerly and beginning corner of the tract herein described; Thence S. 69 0 08;' 40" E., with the northeast 'boundary line of said Lot 5, a distance of 50.64 feet to the most easterly corner of said Lot 5 and for the most easterly corner of the tract herein; Thence S. 29 0 43' W., with the Southeast boundary line of said Lot 5, a distance of 4.17 feet to a point for the most Southerly corner of the tract herein described; Thence N. 680 34' W., a distance of 50.57 feet to a point in the northwest boundary line of said Lot 5, for the most westerly corner of the tract herein described; Thence N. 290 44, 10" E., with the northwest boundary line of said Lot 5, a distance of 3.65 feet to the point of beginning. Containing 197.9 square feet of land more or less. - 1 - x f I I B I 1 7 13 71 1'h _ - Form lain. 2. `-ic purchase price is $100_W 3. The Sellers shall provide•at the expense of Buyer, a Title Insurance Policy, without exceptions to said title being made in said title policy, which policy shall wholly insure and indemnify the Buyer against any title defects or adverse claims thereto. Said Title Insurance Policy shall be issued through a reliable Title Insurance Company and shall be delivered to the Buyer on the date of the closing of this deal. 11. Upon the securing of the Title Insurance Policy provided for herein to be prepared by purchaser, Sellers agree to deliver a good and sufficient General _warranty Deed draun in accordance with the provisions of this contract, properly conveying said property to said Buyer, and Buyer agrees thereupon to make the cash payment. A- 5• All taxes to be paid by Sellers up to and including the year 19 70 6 _`5_ 71 6. Due to the very negligable amount of Taxes due the City for 1971 and the greater cost of calculating and collecting the same, payment of such taxes is remitted, W011 v,.q- subject to approval of this contract by the City Council. ���a,q_ -- z93.�- euy.��rt• �a.�:es•; - i�supar�eeg- rex#�s;- e!�d- 3.�ife�es#', -34=x; ���,o- k�e�ctEd-•bc:�.�re�c.Yr�l9re• Duyer�i�- Sellers- fer -che- yeas°- 3<}-7� - -- tcr-�a;i�o#= -rlroe'i-n� -, ex.as- aiay- .bc•.har�.-in- �atl��iss• -pxou id a �i. 7. Buyershas this day deposited with the Title Insurance Company or Title Guaranty Company the sum of Dollars as earnest money hereunder to be applied on the cash payment above set out when deal is closed, at which time the balance of cash consideration shall also be paid. Should the Buyer fail to consumate this contract as herein specified for any reason, except title defects, the Sellers shall be entitled to receive said cash deposit as liquidated damages for the breach of this contract, or may at their option, enforce specific performance hereof. when the executed deed and any other necessary executed papers and the balance of.the cash payment are in possession of the Title Insurance Company or Title Guaranty Company said title company will close the deal in accordance MW I - Form 14c ' with its usual. and customary procedure. In the event Sellers fail to tender a deed conveying said property in accordance with the terms of the contract within the time provided herein Ghe Buyer may enforce performance of'this contract by inaction for specific performance thereof. 8. The Buyer agrees to accept title subject to all outstanding restrictive covenants and use restrictions, if any, of record, and all city zoning and regulatory ordinances, if any, applicable to said property. 9• '9 "E�I9 ! 909 PON!! 10. It is understood by all parties hereto that this deal is to be closed through the Title Insurance Company or Title Guaranty Company on or before sixty (60) days from this date. 11. 12. By Sellers execution.hereof, Sellers aclowledged that they have read this agreement and they acknowledged that they understand that this agreement is not binding on Buyer until properly authorized by the City Council and executed by the City Manager of the City of Corpus Christi, Texas. It is further understood however, that Buyer must execute this agreement within 30 days from the date of Sellers execution or this agreement shall be null and void and none of the provisions hereinabove set out will bind either party. - 3 - P[J 2 - Form 14d EXECUTED in triplicate, either copy of which shall constitute an original, on this the day of , 19 G� e, ATTEST: Frank C. Young Ardalia T. Yours City Secretary SELS j U/ CITY OF CORPUS CHRISTI, TEXAS APPROVED AS TO LEGAL FORM THIS DAY OF ,197-1—• BY: City Manager r BUYER City Attorney Form 1h -c TM STATE OF TEXAS COUNTY OF NUECES BEFORE DT, The undersigned authority, on this day personally appeared R: Marvin Townscnd, City m=ugcr of the City of Corpus Christi, Texas, known to me to be the person whose name is subscribed to the foregoing instrument and acknowledged to me that he executed the same for the purposes and consideration therein expressed, and in the capacity therein stated and as the Act and Deed of said City. GIVEN UIMER 1,1Y ITAI4D AND SEAL OF OFFICE, This day of Notary Public in ana ror Nueces Co rty, Texas THE STATE OF TEXAS COUNTY OF NUECES BEFORE iM. The undersigned authority, on this day personally appeared . Imozn to me to be the person whose name is subscribed to the foregoing instrument, and acl•newledged to me that he executed the same for the purposes and consideration therein expressed. GIVEN UNDER MY HAND AND SEAL OP OFFICE, This the day of �9 Notary Public in and for Nueces County, Texas THE STATE OF TEXAS COUNTY OP NUECES BEFORE PIE, The undersigned authority, on this day personally appeared Frank C. Young and Ardalia T. Young , his wife, both known to me to be the persons whose r_ames are subscribed to the foregoing Instrument, 'and acknowledged to me that they each executed the same for the purposes and consideration therein expressed, and the said Ardalia T. Young , wife of the said Frank C. Young v having been examined by me privily and apart from her husband, acknowledged such instrument to be her act and deed, and declared that she had willingly signed the same for the purposes and consideration therein expressed, and that she did not wish, to retract it. GIVEN UNDER I4Y HAND AND SEAL of OFFICE, The day of Ufa e" 19 ]dotrkry 14i J11 sud I'uc ( :011111.Y, '1'cxu:: i fParcel i PW 2 - Form 14 REAL ESTATE SALES CONTRACT THE STATE OF TEXAS COUNTY OF NUECES This memorandum of agreement made and entered into by and between Frank C. Young and Axaalia T. Young hereinafter called Sellers, of the County of Nueces , State of Texas, and the City of Corpus Christi, hereinafter called Buyer, of the County of Nueces, State of Texas, W I T N E S S E T H: 1. The Sellers, for the consideration and upon the terms hereinafter set out, hereby agree to sell and convey unto Buyer, and Buyer agrees to buy the following described property situated in Nueces County, Texas, to -wit: Being a tract of land out of Lot 6, Block 1, Sunset Place as shown by map of record in Volume 4, Page 25, Map Records Nueces'County, Texas, said tract of land being more particularly described by metes and bounds as follows: Beginning at the most northerly corner of said Lot 6, said point being in the Southwest right -of -way line of West Broadway, for the most northerly and beginning corner of the tract herein described; Thence S. 69 0 08' 4o" E., with the northeast boundary of said Lot 6, a distance of 50.64 feet to the most easterly corner of said Lot 6, for the most Easterly corner of the tract herein described; Thence S._290 41' 55' W., with the Southeast boundary of said Lot 6, a distance of 4.68 feet to a point for the most Southerly corner of the tract herein described; Thence N. 680 34' W., a distance of 50.56 feet to a point in the Northwest boundary of said Lot 6, for the most westerly corner of the tract herein described; Thence N. 29 43' E., with the Northwest boundary of said Lot 6, a distance of 4.17 to the point of beginning. Containing 221.4 square feet of land more or less. - 1 - P-XH/G/T "CD" a Pi4 2 - Form .l4a 2. The purchase price is $125-02 3. The Sellers shall provide at the expense of Payer, a Title Insurance Policy, without exceptions to said title being made in said title policy, which policy shall wholly insure and indemnify the Buyer against any title defects or adverse claims thereto. Said Title Insurance Policy shall be issued through a reliable Title Insurance Company and shall be delivered to the Buyer on the date of the closing of this deal. !E. Upon the securing of the Title Insurance Policy provided for herein to be prepared by purchaser, Sellers agree to deliver a good and sufficient General -'Warranty Deed ararm in accordance with the provisions of this contract, properly conveying said property to said Buyer, and Buyer agrees thereupon to make the cash payment. 5. All taxes to be paid by Sellers up to and including the year 1970 6. Due to the very r_egligable amount of Taxes due the City for 1971 end the greater cost of calculating and collecting the same, payment of such taxes remitted, ';rte ,oio- subject to approval of'this contract by the City Council. /OsLL . --.�-1 car -r at- taxes,- ipswr- anse7- 2•en4gs- and - -if- -any-)- -a-r-,- i be- �roratoc� l�etweeir Buyer mpck- Sep�ens - €e�- eke- 3�ea> -3n - �3- - -4E>- e -o-f- elosir ; except- as- Rky-bL- -hsiic-iii - o-thepwi -ae -previ de dr - 7. Buyer has this day deposited with the Title Insurance Company or Title Guaranty Company the sum of -Dollars as earnest money hereunder to be applied on the cash payment above set out when deal is closed, at which time the balance of cash consideration shall also be paid. Should the Buyer fail to consumate this contract as herein specified for any reason, except title defects, the Sellers shall, be entitled to receive said cash deposit as liquidated damages for the breach of this contract, or may at their option, enforce specific performance hereof. When the executed deed and any other necessary executed papers and the balance of the cash payment are in possession of the Title Insurance Company or Title Guaranty Company said title company will close the deal in accordance - 2 - I.. __ - Form l)tc with its usual and customary procedure. In the even L Sellers fail to tender a deed conveying said property in accordance with the terms of' the contract within the time provided herein the Buyer may enforce performance of'this contract by inaction for specific performance thereof.. 8. The Buyer agrees to accept title subject to all.outstanding restrictive covenants and use restrictions, if any, of record, and all city zoning and regulatory ordinances, if any, applicable to said property. 9• . 0,1... .... .0.114' J @C O tlF01llJQ%r0 G1 •A'O /IVIQ'Y'00 ! OOSi00�S�OViOD�1�0 rO00i0 Y •1 O•Y(Vt J 0011001 '• 001911lYlOF @/ ! 110.. •OVOR09C+ @010 @NOVlVO'VNl1!'JO�i JJ ;Ot �YQtl'SSRlQl1 •YrlJll J•• !F! • /olloo o la! ael• oo/ o /e o •e rYee'lc••eleeeJrolc•rral rls•a ells• .O... �lO!!l �iloore f •U Y9A O A 0l Ol@!00lA O VOA! " @0 @00'N1UNOe �'!L•!V'!•'l •OO•yl a' 1'JF'O'A'!71'tl0 �J!!O0lMOJOl9 90Y0lO!! O!!O'O ! /! F1 +4 @! R IHH K•N♦ AIO'UtlONlhhlO' �OQYS'J' l'aA•'Qy1QHaHf10 •! aF'l 4'• '•al'9!F•l0! •ogle PlY'A' •e0'l• .4lea I/ A!' R!! �e'l••P'!l`Oelet'i'l•7U!•Y•04'L O'a!O•Lbl� de• !•OrabJ• OSf !!!k Iq JI'ONO! !!' 10OY014•!0'V011H @tH40!g.V .1@4 � •A }OF!•100`O'Y'eK�7'! �O'O !10'60Q')'QOSO'!O 0!'tl0 0!' 'V'••! /• ��•'4100 '460• %!O@l AOtlO 01'•lQAO 'M l01R•A /@ AO'e!•/ �O' @NIQ'!PY'OVO'b'800 Y'O't4 ?3Q'J N'Ya0'latll':i !O'a aac n: •.1�!• • ••. by all parties hereto that thi� deal is to be closed through the Title Insurance Company or Title Guaranty Company on or before sixty (6o) days from this date. :YpJiIO:Di1'iP *LBt g16J5�sO�i,�S1ArNOU(tU lO.QOF /Ol -0'!lO C�•V!l001)R'AI'+ Y'e•. @Utl!!e•!'!I�DI� t.•£11.0!'i•a)a009A110 •D:•00: O.OP------ -" ----1J iR.�i i1U <i1NAY�lPkV V.00li '.!% ►(••!' l••S !'l 12. By Sellers execut-ion.hereof, Sellers acknowledged that they have read this agreement and they aelulowledged that they understand that this agreement is not binding on Buyer until properly authorized by the City Council and executed by the City Manager of the City of Corpus Christi, Texas. It is further understood however, that Buyer must execute this agreement within 30 days from the date of Sellers execution or this agreement shall be null and void and none of the provisions hereinabove set out will bind either party. - 3 - PW 2 - Form 14d EXECUTED in triplicate, either copy of which shall constitute an original, on this the day of 19 ATTEST: Frank C,,../ Young Ardalia T. Young City Secretary SELLERS APPROVED AS TO LEGAL FORM THIS DAY OF , r City ttorney CITY OF CORPUS CHRISTI, TEXAS BY: City Manager BUYER » Form 111-•e • THE STATE OF TEXAS COUNTY OF I ixus BEFORE DT, The widersigned authority, on this day personally appeared R: Marvin Townsend, City Manager of the City of Corpus Christi, Texas, known to me to be the person whose name is subscribed to the foregoing instrument and acknowledged to me that he executed the same for the purposes and ponsideration therein expressed, and in the capacity therein stated and as the Act and Deed of said City. GIVEN UNDER 14Y HM AND SEAL OF OFFICE, This day of Notary Public in and for Nueces Courty, Texas TIM STATE OF TEXAS COUNTY OP NUECBS BEFORE 14E, The undersigned authority, on this day personally appeared - known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that he executed the same for the purposes and consideration therein expressed. GIVEN UNDER I•fY 1901D AND SEAL OF OFFICE, This the day of 19 Notary Public in and for Nueces County, Texas TIIE STATE OF TEXAS . . COUNTY OF NUECES BEFORE ME, The undersigned authority, on this day personally appeared Frank C. Young and Ardalia T. Young his wife, both known to me to be the persons whose names are subscribed to the foregoing instrimert,"and acknowledged to me that they 'each executed the same for the purposes and consideration therein expressed, and the said Ardalia T. Young , wife of the said Frank C. Young , having been examined by me privily and apart from her husband, acknowledged such instrument to be her act and deed, and declared that she had willingly signed the same for the purposes and consideration therein expressed, and that she did not wish to retract it. IVEN UNDER I•fY HAND AND SEAL of OFFICE, The I--,- �� day of N�tnry IUb.L1.c in Hutt 1'ur Wu� :Ci::o L'aunL,y, 'I'cxa ^, CITY OF CORPUS CHRISTI, TEXAS CERTIFICATION OF FUNDS (City Charter Article IV Section 21) OBI, fu .1030 6 l�E Vu.uE 9 /g 71 I certify to the City Council that $ 60g.50 , the amount required _ for the contract, agreement, obligation or expenditures contemplated in the above and foregoing ordinance is in the Treasury of the City of Corpus Christi to the credit of; Fluid No. and Name Street Bond 220- N.I.P.- HillcreEt Area (H.U.D. Grant) Project No. 220 -67 -92.4 Project Name N.I.P. Hillcrest Area (H.U.D. Grant) from which it is proposed to be drawn, and such money is not appropriated for any other purpose. n FIN 2 -55 Revised 7 -31 -69 Gj P CORPUS CHRISTI, TEXAS 1(G Ftt l DAY O/F /iCL- --+LC -J TO THE MEMBERS OF THE CITY COUNCIL CORPUS CHRISTI, TEXAS FOR THE REASONS SET FORTH IN THE EMERGENCY CLAUSE OF THE FOREGOING ORDINANCE, A PUBLIC EMERGENCY AND IMPERATIVE NECESSITY EXIST FOR THE SUSPEN- SION OF THE CHARTER RULE OR REQUIREMENT THAT NO ORDINANCE OR RESOLUTION SHALL BE PASSED FINALLY ON THE DATE IT IS INTRODUCED, AND THAT SUCH ORDINANCE OR RESOLUTION SHALL BE READ AT THREE MEETINGS OF THE CITY COUNCIL; I, THEREFORE, REQUEST THAT YOU SUSPEND SAID CHARTER RULE OR REQUIREMENT AND PASS THIS ORDI- NANCE FINALLY ON THE DATE IT IS INTRODUCED OR AT THE PRESENT MEETING OF THE 1, CITY COUNCIL. RESPECTFULLY MAYOR [ THE CITY OF CORPUS /CHRISTI, TEXAS THE CHARTER RULE WAS SUSPENDED BY THE FOLLOWING VOTE: RONNIE SIZEMORE CHARLES A. BONNIWELL ROBERTO BOSQUEZ L CJ REV. HAROLD T. BRANCH THOMAS V. GONZALES GABE LOZANO, SR. J:' HOWARD STARK C THE ABOVE ORDINANCE WAS PASSED BY THE FOLLOW�I 'NG VOTE: RONNIE SIZEMORE CHARLES A. BONNIWELL ROBERTO BOSQUEZ REV. HAROLD T. BRANCH THOMAS V. GONZALES GABE LOZANO, SR. J. HOWARD STARK