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HomeMy WebLinkAbout18698 ORD - 02/19/1985. 01.024.01 AN ORDINANCE AUTHORIZING THE EXECUTION OF THE DOCUMENTS NECESSARY FOR THE ACQUISITION OF PARCEL 12 IN CONNECTION WITH THE POLICE STATION EXPANSION PROJECT; APPROPRIATING 11,692, AND DECLARING AN EMERGENCY. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS SECTION 1 That the City Manager be authorized to execute the documents necessary for the acquisition of Parcel 12 i connection with the Police Station Expansion Project, a substantial copy of which is attached hereto and made a part hereof, marked Exhibit "A." SECTION 2 That there is hereby appropriated 91,692 out of the Police Building Fund SECTION 3 That upon written request of the Mayor or five Council members, copy attached, to find and declare an emergency due to the need to take mmediate action to preserve and protect public property by expediting the purchase of land ns ssary for the abovement1oned Police Station Expansion Project, such findingof an emergency is made and declared requiring suspension of the Charter rule as to consideration and voting upon ordinances o solutions at three regular meetings so that this ordinance is passed and shall take effect upon first reading as an emergency measure this the 19th day of February, 1985 ATTEST. g Ci tycr r APPROVED: 19 OAY OF FEBRUARY, 1985 J. BRUCE , CITY ATTORNEY :tv rney e 6- 18696 0 HE CI 'F CORPUS CHRISTI, TEXAS Police Station Expansion Parcel 12 REAL ESTATE SALES CONTRACT THE STATE OF TEXAS 1 COUNTY OF NUECES This memorandum of agreement made and entered into by and between Independent Administr:::r%f=tate of Sedal. Barnes, heretnafter called Selter(a), of the County ofgleberg, State of Texaa, and the City of Corpus Christi, hereinafter catled Buyer, of the County of Nueces, State of Texas, WITNESSET H. 1. The Seller(s), for the consideration and upon the terms here- inafter set out, hereby agree(s) to sell and convey unto Buyer, and Buyer agrees to buy the following described property ettuated tn Nueces ...Y. Texas, to-vit: Lot eix (6), Block two (2), Hidalgo Addition to the City of corpus Christi, Nueces County, Texas, as shown by the map or plat thereof, recorded in Tolaume 3, Page 47, Hap Records, Nueces County, Texas. 2 Page 2 of 4 2. The purchase price is One thousand Five hundred Dollars and (81,500.00). 3. Dhe Seller(s) ehall provide at the expenee 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 adveree claims thereto. Said title In- surance policy ellen be issued through a reliable title insurance company and shall be delivered to the Buyer on the date of the closing of this transaction. 4. Upon the securing of the title insurance policy provided for herein, Seller(s) agree(s) to deliver at the expense of Buyer a good and sufficient general warranty deed drawn in accordance with the pro- visions of this contract, properly conveying said property to said Buyer, and Buyer agrees thereupon to make the caeh payment. 5. All taxes to be paid by Seller(s) up to and including the year 6. All current taxes, if any, are 1» )» prorated between the Buyer and the Seller(s) for the year 1984 to date of closing, except as may be herein otherwise provided. 7. Buyer has this day deposited with the title insurance company or title guaranty company the sum of $100 00 es earnest money hereunder to be applied on the cash payment above set out when the transaction 13»1»»»d, at which time the balance of cash consideration shall (Ago be paid. Should the Buyer fail to consummate this contract as herein specified for any reason, except title defects, the Seller(s) shall be entitled to receive aaid cash deposit as liquidated damages for the breach of this contract, or may et their option, enforce specific per- formance hereof. When the executed deed end any other necessary exe- cuted 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 transaction in accordance with 81,u»»»1 and customary 'leal Estate Sales Contract" Police Station Exp. 8 parcel 12 (Fugate) procedure. In the event Seller(s) fail(e) to tender a deed conveying eaid property in accordance with the terms of the contract within the time provided herein, the Bayer may enforce performance of this contract by an action for specific performance thereof. 0. 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. It 1s understood by all parties hereto that this transaction is to be closed through the title insurance company or title guaranty company on or before ninety (90) days from this date. Possession to be given to Buyer upon execution of 'Warranty Deed.. by geller(e). 10. By Beller(0) execution hereof, Beller(s) acknowledge(s) that he (ehe) (they) have reed this agreement and understand that this a- greement 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 sixty (60) days from the date of Seller(s) execution or this agreement shall be null and void and none of the provisions hereinabove set out will bind either party. sal estate Sales Contract" Police Station Exp. 1 parcel 12 (Fugate) EXECUTED in triplicate, either copy of which ahatl constitute an original, on this day of 198 CITY OP CORPUS CHRISTI, TEXAS Sam R te Edward A.Martin dependent Administrator of the City Sedalia Barnes Estate SELLER ATTEST. ll C. Read City Secretary APPROVED: BUYER /7M DAY or (P14S l� J. BRUCE AYCOCK, CITY ATTORNEY BY F, James K. Wntos, P.E. Assistant City Manager 198(1. TIIE STATE OF TEXAS 1 COUNTY OF RUMS 1 Has instrument was acknowledged before me on 198 by Edward A. Martin as City Manager of the City of Corpus Christi, Texan. Notary Public in and for the State of Texas (NOTE. Please print, type. p ation date of m y below) 111E STATE of TEXAS 1 COUNTY OP KLEMM [ ,,(/' This instrument was acknowledged before me on CZde /,97-4 198/ by Sem R, ...gate, independent Administrator of the Sedalia Barnes Estate. eiLdat /422.1 Notal( Public in and for the Statxas e (80Te• Please prine Name expirfltlon date of no ary below "Real Estate Sales Contract" Police Station Exp. Parcel 0 0 Page 4 oof 4