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HomeMy WebLinkAbout032304 ORD - 12/08/2020One reading Ordinance authorizing the sale and conveyance of the City's former Fire Station #1 located at 209 S. Carancahua Street and within TIRZ #3 (Downtown) with approximately 0.86 acres of land to TG110, Inc., in an amount of $325,000.00 for the future use as affordable housing. Whereas, in accordance with Section 272.001(g) of the Texas Local Government Code, the City Council may sell, exchange, or otherwise convey land owned by the Municipality to a developer for the development of an affordable housing project without following the notice of sale and public bidding requirements set out in Section 272.001 of the Texas Local Government Code; Whereas the City owns a .86 acre tract of land, more particularly described as Lots 2, 3, 4, 11, 12 and 13, Block 5, South Bluff, Corpus Christi, Nueces County, Texas at 209 South Carancahua Street which was formerly used as an EMS Training Facility, but has been closed for many years; Whereas, TG 110, Inc., a Texas Non Profit Corporation desires to purchase the City's 0.86 acres of land at 209 South Carancahua, Corpus Christi to combine with other land that will be developed by TG 110, Inc. as an Affordable Housing Project pursuant to the terms of a Purchase and Sale Agreement with the City. Whereas, said Purchase and Sale Agreement specifically authorizes TG 110, Inc. to contract with the City for the purchase of the City's 0.86 acres of land at 209 S. Carancahua, subject to terms of the Purchase and Sale Agreement; Whereas, this Agreement is also authorized pursuant to Section 272.001(g) of the Texas Local Government Code based upon Buyer's agreement to acquire the Property for the development of low-income or moderate -income housing as required by such statute; Now, therefore, be it ordained by the City Council of the City of Corpus Christi, Texas: Section 1. The City Manager or designee is authorized to execute all documents necessary to sell an approximately .86 acre tract of land at 209 South Carancahua Street encompassing all or some of Lots 2, 3, 4, 11, 12 and 13, Block 5, South Bluff, Corpus Christi, Nueces County, Texas to TG 110, Inc. in exchange for $325,000. The documents shall require that the City land be restricted for development of low income or moderate -income housing. Section 2. Upon written request of the Mayor or five City Council members, copy attached, the City Council: (1) finds and declares an emergency due to the need for immediate action necessary for the efficient and effective administration of City affairs and (2) suspends the Charter rule that requires consideration of and voting upon ordinances at two regular meetings so that this ordinance is passed and takes effect upon first reading as an emergency measure on this '' day of December, 2020. 032304 SCANNED ATTEST: CITY OF CORPUS CHRISTI Rebecca Huerta Joe Mc,� City Secretary Mayor 0 day of k(s rt\\W , 2020. Corpus Christi, Texas " day of �%AI�V�1 , AO -0 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 PIA Joe c¢omb Ma or J The above ordinance was passed by the following vote: Joe McComb Roland Barrera Paulette M. Guajardo Gil Hernandez Michael Hunter Ben Molina Everett Roy Greg Smith M� Ivy 0;32304