HomeMy WebLinkAbout01773 ORD - 01/26/1945AN ORDINANCE
AUTHORIZING AND DL'LECTINa THE 2AAYOR P.i]D CITY
CONTROLLER OF TEE CITY OF CORPUS CERTSTI TO
--E,CUTF, FOR AND ON BEHALF OF T3G CITY OF COP. -
PUS CHRISTI A CONTRACT FOR THE PURCHASE: OF
3.915 ACR:S MORE OR LESS, BEING A PART OF E.
VILLAREAL GRMT IMMIN AS RINCOIT DEL OSO AND
A PART OF W.S. HARNEY TRACT OUT OF SAID GRUT
AND OUT OF SHE PORTIOII THEREOF K[10-07N AS THE
1,7ATIS MTD WILLARD TRACT AND BEING THE SME
PROPERTY DEEDED TO C. 1.4. RTCFj,RDSOIJ SY
THOSMSOIv, .RECORDED TN THE DIED OF RECORDS IN
IT=ES COUITTY, TEZ4S, VOLUITv 219, PACE 282,
PROVIDING TIM r-VDS FROM THIGH TI^, SA,..,,,. SMMJL
BE PAIL; ATTD DECLARING AN L?"ERGEITCY
BE IT ORDAINED BY THE CITY COUiiCIL OF THE CITY OF
CORPUS CHRISTI, TF.YMt
Section 1. That the Mayor and City Controller of the
City of Carpus Christi, Texas, be, and they are hereby, authorized
and directed to execute for and on behalf of the City of Corpus
Christi a contract for the purchase From C. V. Richardson, of the
County of faeces, of the following described land:
Part of E. +illareal Grant Imo:m as Rincon
del 0so and a part of 77. S. Ramey tract
out of said grant and out of the portion
thereof known as the Lewis and Tdillard Tract
and being the same property deeded to .^,
Richardson by F. M. Thomasor_, recorded in
the deed of records in K-ces County, Texas,
Volume 219, Page 282, containing, more or
less, 3.915 acres.
a copy of which said contract is attached hereto and reads as
followst
111�3
qZeal Estate Sales Contract =_
` (Providing for Title Insurance) --
TUE STATE OF TEXAS
.COUNTY OF NIECES 11
This memorandum of agreement made and entered into by and between RiOtl�:.rd8cxi
hereinafter called Seller, jDf the County'of
MUCOQ3 _ state of Texas, and OIty Of OcrPU3 u; ri.ati tY
hereinafter called Purchaser, of the County of ": "Ra683 , State of Texas, WITNESSETH:
1. The Seller, for the consideration and upon the terms hereinafter set out, hereby sells and agrees
to convey unto purchaser the following described property situated in NAMOOs county,
Texas, tq -wit;
;;rt o "il ra_il Gr ct fi iCffi a s ncoti dal ^so and a
yxrt of - ,r2ear treat Uut Ut said �,rGat and out the
ktirtiou t -uraof }mom &s the Lewis xad ';Allard- Traot aad baattl'
tit-; prcrmirty lseded t Ulaaar,14)" bT- t Mk -i ztxi,
zGeorded in the dbod ;: r000rds in nuiaos3 C „on , , v -xns, —n, 1U ai
Ulu. a a WL, aanidia3sl,' -, or iaaa, 31.:ii5 sorea.
2. The purchase price is "-j� ” par ` }dm B&w
which the Purchaser agrees to pay Seller, as follows:
e` tJ , ,7 1100 :X;e.- rt, r crs 13
cash to be paid when deed to said land is executed and delivered to Purchaser, as hereinafter set out, and
the balance of said consideration to be evidenced as follows:
(a) Indebtedness to be assumed:
+ffie
(b) Notes to be executed:
time
the payment of all of which is to be secured by vendor's lien and by deed of trust containing the usual
covenants and agreements.
3. Seller " ' to furnish Purchaser s policy oP title irisarance to be issued by the Guaranty TiUnd Trust Com-
pf- isfdeal ond inoY stee a deed io xreco d aPendins elu a of dml, the oepiniov of tLe i c the arTitle and Trust Company showing tle to sid p party good m the Seller, the aid policy upon csing of deal and filing of deed, sheIl be ed sufficient for closing, sand pohcy thereafter d ni herewith, The opp i.e. of the examining attorneys Guaranty Title
and Trust Company on said title shall be deemed conclusive as to tha status thereof.
4. - In case any objections to title are raised in 'd ophdon, then the Seller shall have a reasonable time in which to
e Y 1C
said objections and show good title, and eecure.the final approval of said title by said Gusrunty Title and Trust Com-
p.ny'a attorneys. In the event of failure so to cure such Wade, than the earnest money hereinafter reesipted for shall
be returned to Purchaser upon. the cancellation sus return of this contract, or Psu,4, r may enforce specific perform-
ance hereof. _
I. Seller agraen upon npPro -1 of said title isnunnce by mid Guaranty Title and Tract Comymy'e nttorneya, and
agreement to Lsaue title poRcy s abeve set out, to deliver a good amI ufSciant general warranty deed drnwn In aecord-
Eh the Provieiana of this contract, preparl id pmperty to said Purchaser nd PmchAaet ageeea tbeFe-
upon m make 4he cash Payment and execat¢ the noEA(n) and dead of trmt herein provi�ad for.
6. AR taxes to include the year'$ •hall be paid by Seller; taxes for the current year, and current rents, in-
anrance and interact, if nny, shell be prorated to date of closing. -'
7. Purchaser has this day deposited with the Guaranty Title and Trust Company the sum of y�
liars m earnest money hereunder to be ApPplied on the mah p yment
hove set oat when deal is losed, at which time the Inlance o£ Fash mm:deration hall also be 9boWd the Pur-
chaser fail to cousummate this contract as herein specified for any reason, except title defects, Seller shall be entitled to
receive said cash depo it m liquidated damages for Vied of this c ntract, of he may at his ption enforce pedflc
performance hereai. Should he elect to accept mid earnest money as liquidated damages, then he shall pay therefrom
any commission due the real estate agent (R any) making this mle, not to exc¢ad, however, 60% of each money.
S. This deal shall be dosed on or before th l5t°J do, of - alJrk1, re 194. v
and possession is to be give, tAj)2-U 3aQ31n,, °If e43"1a
9. The Seller agrees to lm it.L Tanta -'Ate- i4A ' -i ,.-a "y
M
the Real Estate Agent making this Is the usml 5% mmm:ssson.
.35 GA_"2`i(ed 'sf3 USER ✓r:dttit V1 ,at tic�._" C�.t�' Of v48 7� �'fu'fsti b ^.°.' -F11
s v 1^- tr -.:ct to uf ' =-��3 aont„r 3 t.;ivin
t_t eos39 Yrjrtttlgr 11 - :_ u €i -,n t'��_ tiA^a.Lr u_* aurae rZeL ct
H110va�G ,e;cr �o7P =�.
EAEC ED is triplicate, either copy of which shall oomth to an original, on this the Ya�
CODS' IG1lsD; , A. D. 194r--
BY:
APPROVED AS TC LEGAL gpii�q Yy ontro ler •�
BY Seller
ATTEST: Ac ing 17 oney '177' ',ilvtl.
BY. „;
..�..��.� :'. CS'.: ..T`J. "" • .. '�.a Purchaser
The Guaranty Title and Trost Company hereby acknowledges receipt of the earacat money sat out in Paragraph 7
her and agrees to sxscute this tract for both parties hereto.
GUARANTY TITLE AND TRUST COMPANY
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Section 2. That the sum to be paid to the said C. 7W.
Richardson under the foregoing contract shall be paid from the
funds noxv on hand which are the proceeds of the certain bond issue
:mown as Civilian Defense Eaergency Bends, Series 191;2, which said
funds were authorized to be spend for the purpose of erecting an
"Emergency Disaster Center" by an election duly held on December 2,
1914, in the City of Corpus Christi, Texas.
Section 3. The fact that the City of Corpus Christi has
inadequate facilities for hospitalization and inadequate facilities
for oaring for the equipment of the local crganizatien of the Texas
Defense Guard, and the further fact that the lard described above
is to -ca used as a site for an emargency disaster center and will
meet tae present lack of facilities, and that it is essential to
the protection and safety of the inhabitants of the City of Corpus
Christi that such facilities be provided, create a public enargeucy
and imperative public necessity requir nL the suspension of the
Charter rule that no Ordinance or Resolution shall be passed finally
on t---x date it s introduced eud that such Ordinance or Res,_lu +-.ion
shall be read at th-ce several meotig. of the City Council, and
the Lleyor, ir •.^ruing, having declared that such public emergency a.d
iaoarative necessity exist, and having requested that such Charter
mle be suspended and that this Ordinance be passed finally on the
date of its introduction, and take effect and be in full force end
effect from and after its passage, IT IS, _kCCORDINGLY, SO ORD,UELM.
PASSM AM, .1PPROM this z� day of January, A. D., 1945.
MWOR, Oi y of orpus uhristr, Texas
ATTEST-.
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kraROP^P. AS TO UG-t1 iOpI.';
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