HomeMy WebLinkAboutResolution - 003 - Funding Agreement Recision - GPNC Inc - GPN Center, 405 N Quirt Ave - 01/11/1979RESO-3
LGB:cl 1/11/79
RESOLUTION
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK:
THAT the Mayor of the City of Lubbock BE and is hereby authorized and
directed to execute for and on behalf of the City of Lubbock a Funding Agreement
Recision between the City of Lubbock, and the Guadalupe -Parkway Neighborhood
Center Inc., attached herewith which shall be spread upon the minutes of the
Council and as spread upon the minutes of this Council shall constitute and be
a part of this Resolution as if fully copied herein in detail.
Passed by the City Council this 11th day of January ,1979.
DIRK WEST, MAYOR
ATTEST:
elyn Gaf a, City Secfet%rygTreasurer
APPROVED AS TO FORM:
Leon G. Bean, Asst. City Attorney
AP OVED:
I � A2�
VIC 1 FOSTER
Community Development Coordinator
STATE OF TEXAS
FUNDING AGREEMENT RECISION
COUNTY OF LUBBOCK §
This agreement made and entered into by and between the City
of Lubbock, Texas, a Home Rule Municipal Corporation, hereinafter
called "City", and the Guadalupe -Parkway Neighborhood Center,
Inc., hereinafter called "Center".
WITNESSETH:
That on the 8th day of June, 1978 the City and the Center
entered into a Funding Agreement whereby each would undertake
certain obligations and duties pertaining to the improvement and
construction of a Parkway Neighborhood Center funded by a Com-
munity Development Block Grant;
That since that time title to the building and premises for
the Guadalupe -Parkway Neighborhood Center at 405 North Quirt
Avenue has been bought by and resides in the City;
That accordingly there no longer exists any need for such
funding agreement since the City may disburse Community Development
Block Grant monies for City -owned properties without a funding
agreement,
Now therefore, all parties to said funding agreement, being
the City and the Center, do hereby mutually rescind said funding
agreement and declare it to be no longer of any force or effect.
Witness our hands this 11th day of January, 1979.
GUADALUPE-PARKWAY NEIGHBORHOOD
CENTER, INC. CITY OF LUBBOCK
()F�Y0t1&4_______
BY: BY:
oP�1 s �� ST, OR
AT E SV
.
Evelyn Ga ga, City S`eotery-Treasurer'
T 14 0-110"1 R 1
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Approved as to form:
Vicki Foster
Community Development Coordinator
_A21VCity Attorney