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HomeMy WebLinkAbout020431 ORD - 08/23/1988AN ORDINANCE AUTHORIZING THE EXECUTION OF ALL DOCUMENTS NECESSARY FOR THE ACQUISITION OF THE CENTRAL POWER AND LIGHT COMPANY BUILDING AND LAND AT 120 NORTH CHAPARRAL AND THE MODIFICATION OF THE CITY'S FRANCHISE FEE AGREEMENT WITH CENTRAL POWER AND LIGHT COMPANY TO PROVIDE FOR MONTHLY RATHER THAN SEMI-ANNUAL PAYMENT OF FRANCHISE FEES; 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 any and all documents necessary for (a) the acquisition by the City of the real property described in Exhibit A attached hereto, together with all improvements situated thereon, being the Central Power and Light Company building at 120 North Chaparral, for a purchase price of $1,400,000; and (b) the modification of the franchise fee agreement between the City and Central Power and Light Company to provide for monthly rather than semi-annual payment of franchise fees by Central Power and Light Company beginning December 1, 1988, as consideration for the City's execution of an Earnest Money Contract for acquisition of said property. 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 to execute the abovementioned documents at the earliest practicable date which is necessary for the efficient and effective administration of the City's 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 eff ct upon first reading as an emergency measure this the ,3 day of , 19 g R . ATTEST, City Secretary APPROVED:/5Z2%._ JAY OF HAL GEORGE, CITY ATTORNEY MAY R 19 QY By ty orney 206RP167.ord THE CIT OF CORPUS CHRISTI, TEXAS 20431 MICROFILMED EXHIBIT A Lots 1 through 9, Block 15, Beach Portion, Lots 4 and 5, Block 1, Beach Portion, and the "Arroyo Tract", also known as "Arroyo Beach Lot", between Block 15 and Block 1 in Beach Portion, an addition to the City of Corpus Christi, a plat of which is recorded in Volume A, pages 2 and 3, Map Records of Nueces County, Texas, being the same property conveyed to Central Power and Light Company by the following conveyances, all of which are recorded in the Deed Records of Nueces County, Texas: 1. From W. D. Nolte, et al, to Texas Central Power Company, dated February 6, 1926, recorded in Volume 161, pages 51-53; 2. From Gulf Coast Power Company to Central Power and Light Company, dated June 1, 1926, recorded in Volume 165, pages 611-613; 3. From Gulf Coast Power Company to Central Power and Light Company, dated June 24, 1927, recorded in Volume 172, paged 355-357; 4. From Central Power and Light Company, a Massachu- setts corporation, to Central Power and Light Company, a Texas corporation, dated January 15, 1946, recorded in Volume 320, pages 106-197, at page 160; 5. From Raye Jean Simon, individually and as Indepen- dent Executrix of the Estate of Joseph S. Simon, deceased, to Central Power and Light Company, dated June 30, 1970, recorded in Volume 1371, pages 1008-1011; and together with a revocable easement from the City of Corpus Christi to Central Power and Light Company recorded in Volume 1795, pages 367-370 of the Deed Records of Nueces County, Texas, all of which above referenced deeds are referred to for a more full and accurate description thereof. 100AT183.CON.KW A-1 Corpus Christi, Texas 2.3 day of( , 1983 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 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 AYOR was passed t7L4-1.-ec_ THE CITY OF CORPUS CHRISTI, TEXAS by the following vote: 20431 13) 5Ig3