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HomeMy WebLinkAbout19239 ORD - 03/25/1986AN ORDINANCE AUTHORIZING THE CONVEYANCE BY GENERAL WARRANTY DEED TO HIALCO-OIC HOUSING ASSISTANCE, INC., LOT 5, AND PORTIONS OF LOTS 6, 7, AND 8, BLOCK 57, BLUFF SUBDIVISION; AND DECLARING AN EMERGENCY. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. That the City Manager is hereby authorized to convey by general warranty deed to Hialco-OIC Housing Assistance, Inc., Lot 5 and portions of Lots 6, 7, and 8, Block 57, Bluff Subdivision, in the City of Corpus Christi, Nueces County, Texas, for a cash consideration of $18,500, all as more fully set forth in the general warranty deed, a substantial copy of which is attached hereto and made a part hereof, marked Exhibit "A". SECTION 2. That upon written request of the Mayor or five Council members, copy attached, to find and declare an emergency due to the need of conveying the abovementioned general warranty deed at the earliest practicable date, such finding of an emergency is made and declared requiring suspension of the Charter rule as to consideration and voting upon ordinances or resolutions at three regular meetings so that this ordinance is passed and shall take effect upon first reading as an emergency measure this the 25th day of March, 1986. ATTEST: City Secretary APPROVED2.1 DAY OF MARCH, 1986 City A torney 05P.124.01 MAYO THE CY OF CORPUS CHRISTI, TEXAS 19239 MICROFILMED THE STATE OF TEXAS § COUNTY OF NUECES § WARRANTY DEED KNOW ALL MEN BY THESE PRESENTS: That the City of Corpus Christi, a municipal corporation, acting by and through its, duly authorized officer, of the County of Nueces and State of Texas for and in consideration of the sum of Eighteen Thousand Five Hundred Dollars and No Cents ($18,500.00) DOLLARS and other valuable consideration to the undersigned paid by the grantee herein named, the receipt of which is hereby acknowledged, have GRANTED, SOLD AND CONVEYED, and by these presents do GRANT, SELL AND CONVEY unto HIALCO-OIC HOUSING ASSISTANCE, INC. of the County of Nueces and State of Texas, subject to the reservations and exceptions hereinafter made and with the restrictions and upon the covenants below stated; all of the following described real property in Nueces County, Texas, to -wit: Lot Five (5), and portions of Lots Six (6), Seven (7) and Eight (8), Block Fifty -Seven (57), BLUFF SUBDIVISION, an addition to the City of Corpus Christi, Nueces County, Texas, according to map or plat recorded in Volume A, Page 3, Map Records, Nueces County, Texas. TO HAVE AND TO HOLD the above described premises, together with all and singular the rights and appurtenances thereto in anywise unto the said grantee, its successors and assigns forever; and it belonging, hereby bind itself, its successors and assigns to WARRANT AND FOREVER DEFEND all and singular the said premises unto the said grantee, its successors and assigns, against every person whomsoever lawfully claiming or to claim the same or any part thereof. The further covenant, consideration and condition is that the following restrictions shall in all things be observed, followed and complied with: That the land described herein shall be developed as multi -family housing Housing and for the elderly and handicapped in accordance with U.S. Department of construction of UrbanDevelopment regulations thereon grnts program; and, that shall be completed and approved for occupancy not later than forty-eight (48) months from date hereof. These covenants and conditions shall be binding upon grantee, its successors, legal representatives and assigns for a period of four (4) years from the date hereof, and in case of any violation thereof the title to said premises shall, without entry or suit, immediately revert to and vest in the grantor herein, its successors or assigns, and the conveyance hereunder shall be null and void, and grantor, its successors or assigns shall be entitled to immediate possession of such premises and the improvements thereon; and no act or omission upon the of herein, its successors or assigns, shall be a waiver of he artoperation for enforcement of such condition, provided, however, that such reversion shall not affect any mortgage or lien which may be in good faith existing upon said premises or upon any improvements thereon. Current ad valorem taxes on said property have been prorated, the payment thereof is assumed by Grantees. This conveyance is further made and accepted subject to any and all conditions, restrictions and easements, if any, relating to the hereinabove described property to the extent only that the same may be in force and effect as shown of record in the office of the County Clerk of Nueces County, Texas. EXECUTED this day of ATTEST: City Secretary APPROVED: DAY OF Assistant City Attorney 1986 , A.D. 1986. Ernest M. Briones, Acting City Manager CITY OF CORPUS CHRISTI, TEXAS THE STATE OF TEXAS § COUNTY OF NUECES § Before me, the undersigned authority, on this day personally appeared ERNEST M. BRIONES, Acting City Manager, a municipal corporation, known to me to be the person whose name subscribed to the foregoing instrument, and acknowledged to me that he executed the same for the purposes and consideration therein expressed, in the capacity therein stated and as the act and deed of said municipal corporation. Given under my hand and seal of office on this day of , A.D. 19 Notary Public, in and for Nueces County, Texas My commission expires: (�(j) 19' 1_ ' Corpus Christi, Txas v "" day of 198 6 TO THE MEMBERS OF THE CITY COUNCIL Corpus Christi, Texas For the reasons set forth in the emergency clause of the foregoing ordinance or resolution, an emergency exists requiring suspension of the Charter rule as to consideration and voting upon ordinances or resolutions at three regular meetings; I/we, therefore, request that you suspend said Charter rule and pass this ordinance or resolution finally on the date it is introduced, or at the present meeting of the City Council. Respectfully, Respectfully, Council Members MAYOR �. THE CITY 0 CORPUS CHRISTI, TEXAS The above ordinance was passed by the following vote: Luther Jones Dr. Jack Best David Berlanga, Sr. Leo Guerrero Joe McComb Frank Mendez Bill Pruet Mary Pat Slavik Linda Strong 19239