HomeMy WebLinkAbout031965 ORD - 12/17/2019 Ordinance approving the sale of City's partial interest in the lot of approximately
0.1993 acres at or near 926 St. Bernard, Corpus Christi, Texas for $7,500.00 to
Strategic Investment Solutions, LLC
Whereas, the City acquired a gas pipeline from South Shore Pipeline in 2008 (the Pipeline
Acquisition);
Whereas,as part of the Pipeline Acquisition,the City acquired a partial interest in the vacant lot known
as 926 St. Bernard by Quitclaim Deed from South Shore Pipeline in 2008;
Whereas, title records indicate that the co-owners of the lot are the City of Corpus Christi, Strategic
Investment Solutions, LLC and Mighty Oak Energy, LLC;
Whereas, Strategic Investment Solutions desires to purchase the City's interest in the lot and the City
Gas department has no need or use for the property other than to retain the utility easement;
Whereas, as provided by Texas Local Government Code Section 272.001 (k), the notice and bidding
requirements for sale of property under Texas Local Government Code Section 272.001 (a) do not
apply to a sale of land by a municipality operating a municipality owed electric or gas utility if the land
is held or managed by the municipally owned utility provided that the governing body of the municipally
owned utility shall adopt a resolution stating the conditions and circumstances for the sale or exchange
and the public purpose that will be achieved by the sale or exchange;
Now, therefore, be it ordained by the City Council of the City of Corpus Christi, Texas:
SECTION 1. The statements made in the recital paragraphs of this ordinance are true and correct and
incorporated into this ordinance.
SECTION 2. That the following sale of City's interest is hereby approved: 926 St. Bernard, Corpus
Christi, Texas, with legal description of Lot 7, Block 6, Highland Oaks Unit Two, Corpus Christi,
Nueces County, Texas, to Strategic Investments Solutions, LLC. for$7,500. The City will retain the
utility easement at the property.
SECTION 3. That the sale of the City's partial interest in the lot as provided for herein meets the
public purpose of efficient management in the operation of the gas system.
SECTION 4. That the City Manager and Assistant City Manager is authorized to execute any and all
documents necessary to complete the real estate sales transactions including but not limited to all
closing documents.
That the foregoing ordinance was read for the first time and passed to its second reading on this
the day of {t(94-.b 2019, by the following vote:
Joe McComb -e Michael Hunter ////f, e_
Roland Barrera fZ Ben Molina Ati e--
Rudy
-rRudy Garza f& Everett Roy 141 <
Paulette M. Guajardo , / Greg Smith .2--
Gil
LGil Hernandez
031965 SCANNED
That th foregoing ordinance was read for the second time and passed finally on this the /Z _._
day of 2019, by the following vote:
Joe McComb Michael Hunter
Roland Barrera ~� Ben Molina A-7<-
Rudy Garza' Everett Roy
Paulette M. GuajardoGreg Smith
Gil Hernandez 177,-
PASSED AND APPROVED on this the J i& day of D-eifyri4 , 2019.
ATTEST:
r 4 •
Reb-cca Huerta J.- M% Comb
City Secretary ayor
031965