HomeMy WebLinkAbout02397 ORD - 10/26/1948♦ If
An ORDIIIAITCE
Au1H03IZL'7,G LM DIRECTIi;G TBE CITY
121' - ER,, TO P; aT3, A CONTRACT FOR
AIL Oli BB3ALF OF TM, CITY ".iI ^iH DR.
C. B. COLLIIIS AI'ID WIFE, BFT.TT'R 17.
COLLIHS, FOR THE ESCZNXGE OF PROP -
ERTY II,' BROOrLYN ADDITION TO THE
CITY OF CORPUS CBMSTI I1: ORDER TO
ACQUIRE RIGHT -OF -my ?0P, U. S. HICH.-
MY 1TO. 181, 1ROV2DI1m FOR THE PA?-
NMT OF REITTAL BY CITY i21LE MUM
ON SAID PROPE ti TY AP.E HEIG 1:073D,
SAID RMITAL TO BE HART OF THE COII-
SID3,%TTION, FOR SUCH ELMZME; A-D
DECLA:e= AR �:'�_s^.RGEiiCY.
BE IT 03DAII-ILD BY 1= CITY OCui?CIL OF TLI CITY OF CORPUS
CIiP.ISTI, Tm- L3.
SECTICE 1. That the City L"anager of the City of Corp.. Ohristi
is hereby authorized and directed to execute for and on behalf of the
City a contraot with Dr. C. B. Collins and wife, Bello 'I Collins, for
tine exchange o£ property between said parties in order to scours ri_ht-
o£-way for a. S. rlii6lumy 1:o. 101, a cog-: of said oontraot being etteoiwd
hereto and made a fart of this ordin:sice for ell yertjnent piirposes.
9'391
Real Estate Sales Contract
(Pra tiding for Title Insurance)
THE STATE OF TEXAS
COUNTY OF NUECF.S
This memorandum of agreement made and entered into by and between car. -0. 16 OOMM
hereiaafta aped Sella, of the County of
ROW State of Texas, and 20 fit= of OaTP� dlnieti, Taub
hereinafter called Purchaser, of the County of ROM State of Texas, WITNESSETH:
1. The Seller. for the consideration and upon the mane hereinafter net out, hereby sells and agrees
to convey auto purchaser the following described property situated in 1Veae66 County,
Texas, to-wit:
Lots nine (9) and MOM (21), ]dark 103, Brooklyn Addition to the
city of Corpus Ohristi, Tease.
W Ca= 1
a
Parahass plies 11 to be refessented by an eaobange of lets 8 and 11, Mack 208) BrooWn
Addition to tke MV. of 0mrpas Olsiedl ftoh are to be deeded to tbB Seller by tip
Purchaser by speata]. WarrantLy Deefl., The Purchaser farther agrees at bis oar eaense to
move and set up all houses acv bated on late 9 and 21. »k 203 to lots 9 and by
Mack 10P. and agrees to build the grade of lute 2.f and >k to that of the center of
HighW U. B. 1f.. The Parebaser farther agvaea to dnplioste the danpravesente now on
lets 9 and 11, each an roaodablow, curb, trees, ahrubs, 81dsniks to each doer, center
drive 30 feet in vidth end 85 feet to leagth aurae AUM of 6 imbas mod aboUs' and a
fe>xm alaroea book of lots on the tote herein moahanged. Purchem to to aotiiy Seller
in milting Amn Parehaset is reel9,n to move add houses, and um receipt of sooh notice,
outer is to cause ail hi.new Wkiah are to be moved to he vacated and made available to
the Paahmar Sat awing. It 3e farther agreed that the city will pair the aellaa' the
am of p?1, W per month, vidah is the preanat net mont98y rental of hansen to be moved
by Virtu* of Old oostraot. The parr of ties for iitieh said rental pgmenb is to be
meds to to bogie at t 1sy tim rate. Seller asleee available for moving the said houses and
ran until the Salley is notified tr the Pdrobamor tthet 91 houses are eompleted and
ready for oeoapsnoy'an the lots whioAb°the'Spasl�lm idn Qet in thin e'xc°h�a'n�ge.
✓ ./
•y'„„0 + u�a 4- I I ~fin' od 3 Qrer51`�'e rte• ' __7
the payment of all of which is to be secared by vendor's lien and by deed of trust containing the usual
covenants and agreements.
3 Seller agrees to furaiab Purchaser a policy of tide instanre to be iseoed by the Gaaranty Title and Tract Company of
Carpus Chdiai. Terms, ia de canal and reactionary form. hid shall be issued immediately upon the daring of drier deal.
d films of Potab —'. dead for taotd. Purdue d-mg of deal, tL opiviov of r6e esavtiving attomeye for tba Gneranty Tide end
FDeal endfianSS�f d enroll be Oaid fm�]adag. rod' dale one Via. and policy 'Odom ftar°°°f
tdmm hetewl[L. TM of the eaammmg 'anomie fat Gmmary Title and Tmet Company on said dde a be denied
cmdmlve ere m die amtm tlxtaoE.
4. Ica ass any objections to tide are mined in said opinica, than the Seger shall have a resm mble time in which m core
said objections and show good tide, and amura U. final approval of aid tide by said Gmmary Tide d Trost Company's
aaotneys. f. de event of fail.. to .. inch defecm, cben the eamea money hereinake xecdp.d for shall be returned to Purchase[
t the cancellation and rem. of this contract. or Porda� may enforce specific performance hemf.
5. Salter &— upon ppcoval of said tide f as by said Guaranty Tide and Trust Company's attorney& and ague-
meat to •a— title Policy as above set sat. to deliver a good and sufficient general wazranty dad drawn in adrotdaace with the
provision of this contract. yycopaly conveying aid propertp to said Pardhacen and Parchaaer agrees dureapoa to make the
cab payment and exavce the noce (a) s�addad of trues herein provided for.
6. At[ taxes, an include the year�aba+ tt be paid by seller: rases for the rnrmnt year. and merest teats, faeressa
and iarerat• if say shell be prorated ro date of eladog.
7. Purchaser has this day depamted with rbe Guaranty Tide and Trap Company the sues of
TMtlam a. earaat money fe—da m be applied on the cash payment above set oat when
deaf is dosed, at which time the balance of cub conaidemtioa shall also be paid. Should the Purchaser Earl to comommaa thin
contract ae harem s(la.W for my [¢aeon. except tide defaces Seller cult be emitted to receive tads deposit a liquidated damages
for the breach of this contract, or he may t hie option, enforce specific performance hereof. Shedd he elect to accept said emaest
money a ]igaidaced damages, lu dull firat pa9 tlmefrom a reasonable in to said title company for its services ' action
lw ,h sot m eared. is cosy event, the amov t that would have been owing an the title company had the deal bees doavd, and
entity laved. From the —led. he shall pay any mmmiaffion due the reel ass. agent (if any) nuking this sale, aot m ascend.
50 r. SOq of such remainder.
S. This drat alvtl bs dosed ore or before th» .ray of 194 —
and po ®on is m be gf
9. The Seller agrees w y
the Rent Hasa Agent mailing this ale the send 4q mmmisavu.
IDC13 HD a eripli,ste, dtber ropy of which ebell rwsemm coo on iaal. ore rhia the lay of
A. D. 194_ /�, / //��
ATTVATt y ", Ak // � orT
1)3 �� ✓.
'�Zre >, "t', .. . P�'7ia.A4 Parelrasa f;ia�s' r :1i4%E}S
Fib �._�
rearm s e Company hereby acknowledges receipt of the amat money set out in Paragraph 7 based
and agrees to eaecaa [hie tract for both parties bovto.
GUARANTY T= AND TRUST COMPANY
N w
O
Ey
C
A N
H
F
�
U
in
too
SECTION 2. That the City tanager is *hereby authorized to pay
to the said Dr. C. B. Collins ti.. — of T— Hundred said Fift.en Dollars
($215.00) per month which is the present net monthly rental of houses to
be 3oved by virtue of said contract, for the period set forth in said
contract, said rearial payments being a part of the consideration far
the ri„ht- of -a+ey to be obtained under the contract horainabove mentio_ed,
said money to be paid out of Street Improvement Bond 1946 land.
S -,CT1GN 3, Me necessi , for _roc-,rin ri_ht- of -wad' within
tine city- hits in order to pro.e.d -�7ith the buildiai� of u, a. 3i•im:sy
o. 151 creates a public — ;.hey and _: ubli. imporati— noaossi y re-
cuiring the suspension of the Charter rule that no ordinance or resolu-
,ion shall be passed f inally on the date it is introduced and that such
ordinance ar resolution shell be read at three several inetinL:s of the
'it, cZ C-11, ar_d th. 1:e.ycr Kevin„ d.alared that suoh publio onsr;cacy
and i:.aeretivo accessi y exist, and 2.vin rocuested Lila'.: such Charter
role be suspended, and that tl_s ordinance be passed finally on the r.ete
of its introduatian end take otfoct and be in full torah and .ff.et from
and after its passer., IT IS ACCORDIT?GLY SQ 03DA1 -1,1D.
'18SM ;a J :_rrF,Cf:;➢ thisgdav of October, » D. IGL;L
iAi OR
City of Cortus Christi, Texas
ATTEST.
or.' e
^P,ROVED sS TO LRGAi, _O_kLi:
Corpus Christi, Texas
October —:'Ii, 19L6
TO %D3 "IM MS OF TEE CITY C07ITCIL
Corpus Christi, Texas
Gentlemen:
For the reasons set forth in the a ergenoy olause of the
foregoing ordinenoe, a publlo s erCenoy and imnsretive necessity exist
for the suspension of the Charter rule or requirement that no ordinance
or resolution shall be passed finally oii the date it is introduced, and
that such ordinmoo or resolution shall be read at tree �ortin;;s of
the Ci • Council; ?, therefore, hereby request that you suspend said
Charter rule or regairenent and pass this ordinance finally on the date
It is ir_trodnoed, or ott the present ;:feetin;; of tine Ci , Co +.mci1.
= ,espsat£ully�, . t�,a
2 Z4,
U"
City a£ Corr C',irieti_, To::as
'.'ho C'.lort— rule rras suspcndod by the £oll=i.0 vote:
.esley 3. -Scale
George R. Clark, Jr.
John A. ^orris
Joe ?.
Dawson r/
The above ordinance l,as _,assed by e follorrlx:;; Coto:
.—ley E. .acals
aeorge °. Clark-, Jr.
John A. Ferris
R. R. Henry
Jos T. Dawson
a39-�