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HomeMy WebLinkAbout022754 ORD - 11/19/1996AN ORDINANCE AUTHORIZING THE CITY MANAGER, OR DESIGNEE, TO EXECUTE A REAL ESTATE PURCHASE AGREEMENT WITH THE UNITED STATES OF AMERICA THROUGH THE GENERAL SERVICES ADMINISTRATION (GSA) TO SELL APPROXIMATELY 3.50 ACRES OF LAND OWNED BY THE CITY, COMPRISED OF LOTS 1-4 AND 7-12, BLOCK 12 AND LOTS 4-9 AND THE NORTH 20 -FEET OF LOTS 3 AND 10, BLOCK 11, WATER BEACH ADDITION AND THE ALLEYS BETWEEN THOSE LOTS AND BLOCKS [SAVE AND EXCEPT THAT PORTION OF THE ALLEY ADJACENT TO LOTS 7 AND 8, BLOCK 12], AND A PORTION OF BELDEN STREET FROM SHORELINE BOULEVARD WEST APPROXIMATELY 320 FEET TO WATER STREET, AS MORE PARTICULARLY DESCRIBED IN EXHIBIT A (PROPERTY) ATTACHED TO THE AGREEMENT, A COPY OF WHICH IS ON FILE WITH THE CITY SECRETARY, FOR $4,000,000 IN CASH AND A 15 -YEAR PAID UP LEASE OF THE BUILDING AND PARKING LOTS ON THE PROPERTY THAT CURRENTLY HOUSES THE GREATER CORPUS CHRISTI BUSINESS ALLIANCE OPERATIONS (ALLIANCE BUILDING); TERMINATING THE LEASE BETWEEN THE CORPUS CHRISTI CHAMBER OF COMMERCE AND THE CITY FOR THE ALLIANCE BUILDING AUTHORIZED ON SEPTEMBER 17, 1980 BY ORDINANCE NO. 015763 UPON CLOSING OF THE SALE OF THE PROPERTY TO THE GSA, AND A NEW LEASE ENTERED INTO BETWEEN THE CITY AND THE GSA; AND DECLARING AN EMERGENCY. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF CORPUS CHRISTI, TEXAS: SECTION 1. That the City Manager, or designee, is hereby authorized to execute a Real Estate Purchase Agreement (Agreement) with the United States of America through the General Services Administration (GSA) to sell approximately 3.50 acres of land owned by the City, comprised of Lots 1-4 and 7-12, Block 12 and Lots 4-9 and the North 20 -feet of Lots 3 and 10, Block 11, Water Beach Addition and the alleys between those lots and blocks [save and except that portion of the alley aadjacent to Lots 7 and 8, Block 12], and a portion of Belden Street from Shoreline Boulevard west approximately 320 feet to Water Street, as more particularly described in Exhibit A (Property) attached to the Agreement, a copy of which is on file with the City Secretary, for $4,000,000 in cash and a 15 -year paid up lease of the building and parking lots on the Property that currently houses the Greater Corpus Christi Business Alliance operations (Alliance Building) SECTION 2. That the lease on the Alliance Building between the Corpus Christi Chamber of Commerce, now known as the Greater Corpus Christi Business Alliance, and the City of Corpus Christi, authorized on September 17, 1980 by Ordinance No. 015763, will be terminated upon the Closing of the sale of the Property to the GSA, and a new lease entered into between the City and the GSA. 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 for immediate action necessary for the AG5000. 134 la V4.2 i1 4 vitCRoFIIMED 2 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 two regular meetings so that t is ordinance i passed and shall take effect upon first reading as an emergency measure this the/ i1 day of fl..Xf AJtJ , 1996. ATTEST: THE CITY OF CORPUS CHRISTI City Secretary M ' YO ` I' ity of Corpus Christi APPROVED THIS THE 19 DAY OF `A'�X)Nk-► ICiO.0-i , 1922k. By: cAbdbNik_ aLeaspeuc- Alison Gallaway, Assistant City Attorney A65000 134.1a 3 Corpus Christi, Texas 191-1) day of i%Q"(h , 1996. TO THE MEMBERS OF THE CITY COUNCIL Corpus Christi, Texas For the reasons set forth in the emergency clause of the foregoing ordinance an emergency exists requiring suspension of the Charter rule as to consideration and voting upon ordinances at two regular meetings: I/we, therefore, request that you suspend said Charter rule and pass this ordinance finally on the date it is introduced, or at the present meeting of the City Council. Respectfully, Respectfully, Council Members „ MAYOR C \ THE CITY OP CORPUS CHRISTI The above ordinance was passed by the following vote: Mary Rhodes Dr. Jack Best Betty Black Melody Cooper Tony Heldenfels Betty Jean Longoria John Longoria Edward A. Martin Dr. David McNichols AG5000. 134. la U 'r;4