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HomeMy WebLinkAboutResolution - 072870A - Commission Established For Reviewing All Real Estate Transactions Since May 11 - 07_28_1970KJ:sw RESOLUTION WHEREAS, it has been brought to the attention of the City Council that there is a probability that there may be speculation on properties in the area between Avenue K and Avenue Q and 4th Street and loth Street; and, WHEREAS, it is the desire of the City Council that it be informed from time to time of the real estate transactions within said area, since May 11, 1970; and, WHEREAS, in order to be currently advised of such real estate trans- actions the City Council has determined that a commission of five citizens should be appointed to review all real estate transactions within this area, and report all such transactions to the City Council;NOW THEREFORE: BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT a commission BE and is hereby established for the purpose of reviewing all real estate transactions, since May 11, 1970, within the area be- tween Avenues K and Q and 4thStreet and loth Street with direction to this commission to make periodic reports of such transactions to the City Council or such additional reports as the Council may .request. This commission shall have five members, to -wit: Roy Furr, Jr., Chairman, Claude Meadows, Ervin Brandt, Jose Rameriz and C. F. Cooke, Jr., and in addition thereto, the City Attorney shall serve as an exofficio member; THAT such Commission shall serve, without compensation, for an indefinite term or until such time as the City Council may determine the duties APPROVED: red O. Senter, Jr., Cit for e,