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HomeMy WebLinkAbout020288 ORD - 04/26/1988AN ORDINANCE CONSENTING TO THE ASSIGNMENT OF THE RAINBOW BAITSTAND LEASE FROM RICHARD L. FRENZEL TO GENE FRENCH; AND DECLARING AN EMERGENCY BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. That the City Council hereby consents to the assignment of the Rainbow Baitstand Lease from Richard L. Frenzel to Gene French, a substantial copy of which assignment is attached hereto and made a part thereof, 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 for the efficient and effective administration of City affairs, such finding of an emergency is made and declared requiring suspension of the Charter rule as to consideration and voting upon ordinances at three regular meetings so that this ordinance is passed and shall take effect upon first reap}i g as an emergency measure this the(c day of ) , 19b ATTEST: City Secretary AYOR APPROVED: ,244/ DAY OF /71/3y , 198r - HAL GEORGE, CITY ATTORNEY 206RP026.ord THE CITY OF CORPUS CHRISTI, TEXAS 20288 MICROFILMED ASSIGNMENT AGREEMENT THE STATE OF TEXAS COUNTY OF TEXAS WHEREAS, the City Council by Ordinance No.16516, passed and approved on September 9, 1981, authorized execution of a bait stand lease with Mr. and Mrs. Thomas W. Wait dba Rainbow Bait Stand, situated on the Intracoastal Canal Crossing on Padre Island Causeway; and WHEREAS, the City Council by Ordinance No. 17953, passed and approved on December 1, 1983, approving the assignment of the aforesaid lease to Mr. Robert J. Heim; and WHEREAS, the City Council by Ordinance No. 19447, passed and approved on August 19, 1986, approving the assignment of the aforesaid lease to Mr. Richard L. Frenzel; and WHEREAS, Mr. Richard L. Frenzel desires to assign the lease granted by Ordinance No. 16516, and the City is agreeable to the said assignment.: 1. This assignment of lease shall cover the following described tract or parcel: TRACT NO. 12 A tract of land and/or water being on the southeast side of the Intracoastal Canal crossing on Padre Island Causeway, and being more particularly described as follows: BEGINNING at a point 525' Southwest of center line of the Padre Island Causeway Right -of -Way and 200' Southeast of center line of Intracoastal Waterway. This point being the most Northerly corner of this tract; THENCE, S. 64 03' E. a distance of 300' to a point. This point being the most Easterly corner of said tract; THENCE, S 25 57' W. a distance of 275' to a point. This point being the most Southerly corner of said tract; THENCE, N. 64 03' W. a distance of 300' to a point. This point being the most Westerly corner of said tract; THENCE, N. 25 57' E. a distance of 275' to a point. This point being the most Northerly corner of said tract and also point of beginning. CONTAINING 1.89 acres of land and/or water, more less. 2. Lessee, Mr. Richard L. Frenzel, proposes to sell the building, improvements, equipment and business situated on the aforesaid Tract No. 12 to Mr. Gene French. Mr. Frenzel will retain a lien on the personal property and the lease as security for the payment of a promissory note given by Mr. French as part of the consideration for the purchase and assignment. 3. Assignee agrees to be bound to the terms of the lease between City and Lessee Mr. and Mrs. Thomas W. Wait, dated September 9, 1981, a copy of which lease is attached hereto as Exhibit "A". This agreement shall be subject to the terms of the aforesaid lease, shall be for the unexpired portion of the lease, which expires on September 1, 1996. EXECUTED this the day of April, 1988.. ATTEST: CITY OF CORPUS CHRISTI By: City Secretary Juan Garza City Manager APPROVED: /1 /3/17 DAY OF 4 r,� , /IVY HAL GEORGE, CITY ATTORNEY 13Y: Assistant City At.orney ASSIGNOR: Richard L. renzel ASSIGNEE: //' %/1/" ,•i!//�/f Gene Frenc is By: , Bill Hennings Assistant City anager Corpus Christi, Texas day of, 1985 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 The above ordinance was Betty N. Turner David Berlanga, Sr. Leo Guerrero Clif Moss Bill Pruet Mary Rhodes Frank Schwing, Jr. Mary Pat Slavik Linda Strong 99.045.01 ilf/AYOR THE CITY OF CORPUS CHRISTI, TEXAS passed by the following vote: 20288