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Home My WebLink About02338 ORD - 08/03/1948A y.. AB ORDINANCE ' JD,.g3.3� AUTHORIZING AND DIRECTING THE CITY MANAGER TO ENTER INTO A CONTRACT WITH GUARANTY TITLE AND TRUST COMPANY, TRUSTEE, FOR AND ON BEHALF OF THE CITY FOR THE PURCHASE OF LOTS 7 AND 9 IN BLOCK 1091 LOTS 1, 3, 5. 7, 9 AND 11 IN BLOCK 110, LOTS 1, 3. 5, 7, 9 AND 11 IN BLOCK 111, HBO= -= ADDITION TO TEE CITY OF CORPUS CHRISTI, NOROES COUNTY, TEAS, AND PROPERTY OWNED BY THE M. E. POPE ESTATE IN BLOCS 99, 100, 101, 102, 103, 104, 105, 107, 112, 11 1711, 115 AND BLOM 381, 382, 390. 391, 4D9, 41D, 411, 414, and 415, ALL IN BROOKLYN ADDITION TO THE CITY OF CORPUS CHRISTI, TEAS, SAID LAND TO BE PURCHASED Fes. RIGHT -OF -MAY PURPOSES FOR U. S. HIGHWAY NO. 181 IN THE CITY OF CORPUS CHRISTI; AND DECLARING AN E➢EsSENOY. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEM: SECTION 1. That the City Alaaager of the City of Corpus Christi, Texas, is hereby authorized and directed to execute Contracts for and on behalf of the City with Guaranty Title and Trust Company, Trustee, for the purchase of the following described property, to -wit: Late 7 and 9 in Block 109; Lot. 1, 3, 5, 7, 9 and 11 in Block 110; Lots 1, 3, 5, 7, 9 end 11 in Block 111, Brooklyn Addition to the City of Corpus Christi, Nueoes County, Texas, and property owned by the W. E. Pope Estate in Blocks 99t 100, 101, 102, 103 104, 105, 107 112, 11 ,, 17y, 11�_1and Blocks 381, 3M, 390, 391, 409, 410, 411, 41<+, and 415, all in Brooklyn Addition to the City of Corpus Christi, Texas, said land purchased to be used for Bight -of -May purposes for a portion of U. S. Higbway No. 181 located within the corporate limits of the City of Corpus Christi, copies of said Contracts are attached hereto and made a part of this Ordinance for all intents and purpose.. �a `3 'Real Estate Sales Contract (Prooidingfor Titleln8urance) THE STATE OF TEXAS COUNTY OF NUECES This memorandum of agreement merle and entered into by and between bus *r�n_ty 7ttIR and Trust Company. Trustee _, hereinafter caller Merof the County of Nueces State of Texas, and City of Gornue Christi hereinafter called Pmrchae =r, of the County of Vim , State of Texas, WiT.NESSETH: 1. The Seller, for the consideration and upon the terms hereinafter set out. hereby sells and agrees to convey onto purchaser the following described property situated in I:ueoe s County, Texas, tc -wit: Lots 7 and 9 in Block 109; Lots 1, 3, 5, 7, 9 and 11 in Block 110; Lots 1, 3. 5. 7. 9 and 11 in iiloak 111, Brooklyn Addition to the City of corpus Cbristi, Swaaea County, Texas � i%3.200a00 ) 2. The purchase price is Three Thousand Two Hundred and no /100 Dollars, which the Purchaser agrees to pay Seller, as follows: Three, Thousand Two Hundred and no /loo (`3 ^OO OO) nollera cash to be paid when deed to said land is executed and delivered to Purchaser, as hereinafter act out, and the balance of said consideration to be evidenced as follows: (a) Indebtedness to be assumed: Pion (b) Notes to be executed: None 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. 4MUMMiNgEM ner tc Cornish Porchaeer a policy of title ivemnnm to ha ieo aed Lry the Gmranty TFt1 and Trost Com- eras, in the vsoai and costs Yorm, which ponry nhail bo leaned Lnmediately`apon the closing l g�{�� of PmeBaoo,+e da¢d Yor raori� ding clonia8 oP deal, the opinio of the •wm ttbrneye Yor ty TIt1e and 'feast Company a7,owing title tq said. prapertp goo3 in Cho Qallar. end fye GomPpaaan greamen onccyy won cloning o4 deal end Yntng oY deed, ehan be deemed nnfncIeffi for cloning. and dml ehan ha closed d pony therraYter lanced is aesordanee herewith. The opinion of the esambdng attorneys for Gnffienty Title Company oa said title shell 6e deemed coadnaive as to the status theeeo4. 4. In ease any objectons to title ere raised in said opinion, then the Seller shall have a reasonable time in which to sure said objections and show good tf tle. and seasrs the final approval of said title by said Guaranty Title sad Trust Cos• ray' w Porch � u1m, of car to soah defects, then the earnest monay:heroinafkm• rocafpted for ebalt hereof. upon the macallatioa sad return of this mates mot, ar R• -* may enforce epectYic p-f-- 5. Seller agrees upon approval of said tWe ins— by salt Guaranty Title and Trost Comps a attorneys, and agesencthe ""Issue title po77�icyv es above set out, to deliver a good and sa4ltdeat ganaml warranty dm( daa is accard. provldon of Lble a4eet, Properly said Property to said 2meheemy and Purchaem agrees thera- apun to make the cash payte. sad eaeeate the note(e) and deed of frost heraln provided Por. a. All taxes to include the year —j"7 °Lan ha paid by seller; taaeo for the emorent year. and Conant rents, I.- smanee and interest, if ary, shall be prorated to data closing. 7. Parebssor bas this day deposited with the Guaraffiy Title and Trost Company the s® of TMne., as earnest money tormentor to be apyiced on the cash payment Should above eat out when deal to closed, at wbieL tim. tba baLmca oP cash conefderatioa. shall also be aa��, chaear Pall to cone ®mate this eontraet u Lerch sPwi9ed Por any xeaeoq except title detects, eellmtled to perPOrmenee a oghogk Nd L�eldeast�to eccapt said earnest � as lisonl =m or Le mayy at Lie op A mbeaca etlW W �ntdated damages. tL® Le 9 peg tLercf —any eommieefona doe the real estate agent (t{ ate) making this sale, not to sassed, howavmy 60 % sf eveL moray. S. This deal shall be closed on a before the let Any Of SeptepUr 1941 and possession is to be gi eo —upwi Closing of deal 9. rho Sauer agrees to pay9uareant;q Titls and Trust Go. the Heal Eamte Agent making t6fe sale tLe mnal B% mmmiealoa EXECUTED in telplicate, either, copy of which shaII —that. an original, on this cu. 25th des 0 A. D. ynaA GUARANTY TIt7d,W, ACID TRUST CO.. TRUSTEE BY - senar msident CITY t's T'ha Gaaraaty Txtta ana xrme �iaa6°atbiexpeba�y ka:mP aaa ageea w exeaam tbla tract U a +n o W� GUARANTY TITLE AND TRUST COMPANY a � m U EEE-�� REAL FL74TE SALES CONT1,ACT TRE; S'l4TF: OF TEXAS � COUNTY OF RUECLS � This memorandum of agreement made and entered into by and betzeon Guaranty Title and Trust Cocpany, Trustee, hereinafter Called .`teller, of the Cowcty of JwUcees, :hate of Texas, an,-: City of Corpus Christi hereinafter called Purchaser, of the County of Kueces, State of Texas. Y'ITI.L•;':3:.TH: 1. The Seller, for the consideration and upon the terms hereinafter set out, hereby sells and agrees to convey unto purcaaser the following, described property situated in i:ueees County, Texas, to -wit: The following lots situated in i,rooklyn Addition, to the City of Corpus Christi, 1:ueees County, Texas: BLOCg 99 Lot 5 -- Inside ;.1,00U.QG 7 " 9 ~ " 1,000.(10 " 11 -- Corner 1,100.00 ,�LOCF: lOO Lot 1 -- Corner b °.1,000.00 3 -- Inside 900.00 " 5 -- " 900.00- 9 -- " 900.00- " 11 -- Corner 1,000.00-- - BLOCK lul Avenue E Lots 1 -- Corner 700.00 " 3 -- Inside 600.00 5 -- " 600.00- ^ 7 -- ° 000.00 — » 9 -- ^ 600.00 — 11 ~ Corner 700.00 BLOCt 102 Avenue E Lots 1 — Corner 4 700.00 — " 3 -- Inside 600.E 5 -- " 600.00 " 7 -- " 600.00 " 9 -- " 600.00 — " 11 -- Corner 700,00 a _2.. BLOCK 103 Avenue F Lots 2 -- Corner 0 400.00 ° 4 Inside 6 a 30000- ° 6 -. ° 300.00 ° 10 e ° 300.80 %( n 12 -- Corner 400.00 3C BLOCK 104 Avenue E Lots 1 -- Corner 4 600.00 ° 3 -- Inside 500.00 ° 5 -- ° 500.00 ° 7 a ° 0 500.00 ° 9 -- ° 500.00 ° 11 -- Corner 600.00 BLOCK 104 Avenue F Lots 2 -- Corner 400.00 maid® 330000.00, 300.00; " 10 -- ° 300.00 ' ° 12 A Corner 400.80 y:, BLOCK 105 Avenue E Lots 1 -- Corner 600.00 ° 3 -- Inside 500.00 ° 5 -- ° 500.00 ° 7 -- ° 500.00 BLOCK 107 AWT _is_ Corner 0 300.00- * 3 -- Inside 200.00 - 5 .- ° 200.00 - 7 -- ° 200.D — ° 9 -- ° 200.00-- ° 11 -- Corner 300.00 — BLOCG 112 9eAile 8 Lots 1 -- Corner 1 300.00 ° 3 -- inside 200.00 a 5) -- ° 200.00 ° 7 -- 2W.00 ° 9 -- ° 200.00 ° 11 -- Corner 300.00 BLOCK 113 Ae Lots 7 - Inside $ 200.00 ° S - Inside 20.00 11 w Corner 300.00 BLOCK 113 ue F Lots 2 - Corner 250.00 4 - Inside 150.00 ° - 150.00 150.00 " 1C -- ° 150.00 ° 12 w Corner 250.00 bLOCH 114 Avenue F Lots 2 -- Corner x50.0 ° 4 -- inside 150.00 " 6 -- ° 150.00 ° 8 -- ° 150.00 ° 10 -- " 150.00 " 12 - Corner 250.00 HLOvt 114 APQ:9A � Lots 1 -- Corner 4 31;0.00 ° 3 -- Inside 200.00 " 5 - 200.00 " 7 -- 200.00 9 200.00 " li -- Corner 300.00 BI.UCI. 115 _ Avenue E Lots 1 w Corner 1; 300,00 ° 3 - Inside 200.00 ° 5 w u 20. jO " 7 -- ° 200.00 ° 9 - ° 200.00 ° 11 -- Corner 300.0 dLOCit 115 Avenue P Lots 2 -- corner b 250.00 ° 4 - Inside 154.0 150.00 ° lU -- ° 150.00 ° 12 Corner 250.00 alm Mach 381 Lots 1 -- Corner a 3 -- inside 300•00 5 w ^ 200.00 w 7 w 200.00 9 -- Corner 200.00 200'00 300.00 BLOCK 382 lUD-Ue Lots 2 e Corner 4 -_ InBEde 400.00 6 _- 300.00 s -_ w 300.00 ^ 10 -_ n 300.00 12 -- CcTaeT 300.00 400.00 BL06R 390 A4ea+ue a Lots 2 -_ Corner ^ 300.00 4 -- Inside R G w rr 200.0o '8 w ^ 200.00 ^ 10 w ^ 200.00 ^ 12 -- Corner 200.00 '300.00 BLock 390 v6 LL" Lots 1 -- Gorner ^ 3 - Inside 300.oU $ w w 200.00 ^ 7 w 200.00 " 9 w 0 200.00 ^ 11 -- Corner 200.00 300.00 BLOCK 391 AoeDne E Lois 1 ..- Corner inside A S s 200.00 7 -., a 200.00 9 w w 200.00 11 _Corner 200.00 300.00 BLOCK 40g Lots 1 -- Corner ° 3 -- Inside 6 300.00 ^ g 200.00 7 ._ 4 200.00 9 w 200.00 w 11 Corner 200.00 300.00 aLM 410 Avenue E Lots 2 -- Corner 300.00 Inside 200.00 (� 200.00 @ -► 't 300.00 " 10 - ^ 200.00 ° 12 -- Corner 300.00 BLQC, 410 rvuw D Lots 1 -- Corner 300.00 n 3 -- Inside 200.00 n 1 200.00 7 __ n 200.00 9 a 200.00 " 11 - Corner 300.0 9LOCY. 411 Avenuen Lots 2 -- Corner 400.00 " 4 -- inside 300.00 n 5 -- ^ 3").00 @ -► 't 300.00 " 12 -- Corner 400.00 6LUCY. 414 Avenue D Lots 2 940.00 ° 4 800.OG n 6 800.00 8 {,N'ractioral.! 300.00 10 a la (Fractional Part) EOO.00 BLOCL 415 4verue Lots 2 -- Corner 4 - Inside a b It n a M 9 " 10 - (Fractii y 500.00 40fl.OD 400.00 700.00 aral) -- Corner 9W.00 SLisCa 415 Avenue H Lots 1 -- Corner 800.00 3 -_ luside 700.00 e 5 _._ n 700.00 7 -- ° 700.00 e 9 al- franctional part of 11 1100.00 2. The purchase price is Fifty Nine Thousand Four Hundred and no /100 ($59,400.00) Dollars, which the Purchaser agrees to pay seller, as follows: Fifty bias Thousand Four Hundred and no /lO0 _(_$39_400.00) Dollars cash to be paid when deed to said land is executed and delivered to Purchaser. 3. seller agrees to furnish Purchaser a policy of title insurance to be issued by the Guaranty Title and Trust Company of Corpus Christi, Texas, in the usual and customary form, which policy shall be issued immediately upon the closing of this deal, and filing of Purchaser's deed for record. Pending eloein;^ of deal, the opinion of the examining attorneys for the Guaranty Title and Trust Company showing title to said property good in the :Seller, and the Company's agreement to issue said policy upon closing of deal and filing of deed, shall be deemed sufficient for closing, and aeal shall be closed thereon, and policy thereafter issued in accordance herewith. The opinion of the examining attorneys for Guaranty Title and Trust t;ompany on said title shall be deemed conclusive as to the status therco£. 4. In case my objections to title are raised in said opinion, then the seller shall have a re.asorable time in which to cure said objections and show ,good title, anu se.cu a the final a, proval of said title by amid Guaranty Title and Trust Company's attorneys. In the event of failure to cure such defects, then this contract shall be considered null and void ar.a of no force and effect. 5. Seller agrees upon approval of said title insurance by said Guaranty Title and Trust Company's attorneys, and agreement to issue title policy as above set out, to deliver a rood and sufficient general warranty deed drawn in accordance with the provision of this contract, properly conveying said property to said Purchaser, and Purchaser agrees thereupon to make the cash payment herein provided for. 1. -7— 6. All tales to include the year 1947 shall be pai& by salleri tames for the current year, and current rents, insurance, and interest, if any, shall be prorated to date of closing. 7. Tt is the understanding of seller that the openings or crossings contemplated in Causeway are to be located at Foggs and Siegler Streets, being a distance of thirteen (131 blocks between these two (2) oPeninhs. Seller, therefore, stipulates that an additional opening, be made at Javis :)treet to allow more egress and ingreas to eellerls property, 8. .feller also stipulates that this contract is ruade subject to free access being provided at hull Otmet during construction of the Causeway, so that the regular conduct of business may be maintained by lessees of .taller who are engaged in commercial businesses in that vicinity, 9. This deal shall be closed on or before the first (let) day of September. 1948 and possession is to be given upo:. closing of deal. EXECM D in triplicate, either cony of which shall conatitute an original, ou this the 25th day of May, A. D. 1948. ATTEST: Seers :,rq CUARAATY TITIZ AND TRUST CC., TRvsTE6 Paroa ent CITY " CORPUS CHRISTI, TEXAS BY SECTION 2. The purchase price for the land above described in Section 1, and the costs incideab to the purchase of same are to'be paid from Street Improvement Bonds 1948 Construction Fund. SECTION 3• The necessity for providing sufficient Hight -of- Way for U. S. Highway No. 181 within the corporate limits of the City of Corpus Christi in order to provide batten traffic facilities for the oitizens of the City creates a public emergenoy and public imperative necessity requiring the suspension of the Charter rule 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 several meet- ings of the City Council, and the Mayor having deolared that suoh public emergency and imperative necessity wrist, and having requested that such Charter rule be suspended, and that this ordinance be passed finally on the date of its introduction and take effect and be in full force and effect from and after its passage, IT IS ACCORDINGLY SO CHDAnTED. PASSED AND APPROVED this `i day of August, A. D. 191{.8, ATTEST: City Of Corpus Christi, Texas Corpus Christi, Texas August �, 191 TO THE DMERS OF THE CITY COUHCn Corpus Christi, Texas Gentlemen, For the reasons set forth in the emergency clause of the foregoing ordinance, a public emergency and imperative necessity exist for the suspension 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 Councils I, therefore, hereby request that You suspend said Charter rule or requirement and pass this ordinance finally on the date it is introduced, or at the present meeting of the City Council. Respectfully, City of Corpus Christi, Texas The Charter rule was suspended by the following votes Wesley E. Seale George R. Clark, Jr. John A. Ferris R. R. Henry Joe T. Dawson The above ordinance was passed the following votes Wesley E. Seale George R. Clark, Jr. John A. Ferris R. R. Henry Joe T. Dawson a33S