HomeMy WebLinkAboutResolution - 092668H - Repairs Agreement - SE LBK Development Corporation - Green Fair Manor Apartments - 09/26/1968roz
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WHEREAS, the Southeast Lubbock Development Corporation has entered into
i agreement with the Housing Authority of the City of Lubbock for the sale to` the
ousing Authority of the low -rent housing units known as Green Fair Manor Apart -
Lents, and
WHEREAS, the City Council of the City of Lubbock has determined that such
ransfer would be in the best interest of the citizens of the City of Lubbock and con -
nue to provide low -rent housing in a suitable living environment and thus eliminate
ubstandard and inadequate housing, NOW THEREFORE:
IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK:
That the City Council of the City of Lubbock hereby gives its approval of such
ale and :to, assist in such transfer, the Mayor of the City of Lubbock is hereby
uthorized to execute for and on behalf of the City of Lubbock an agreement to com-
rete the repairs commenced by the City of Lubbock at such housing units and further
iat the City will proceed to settle two pending fire damage claims to damaged apart.
lents and further the City, along with the Southeast Lubbock Development Corpor-
tion will assume and promise to pay the taxes on the Green Fair Manor Apartments
rorated to date of closing of the sale of thea housing units.
Passed by the City Council this day of 1968.
W. D. ROGERS, MAYOR
�- pl�
avduia, Lowe, City Secretary -Treasurer
PPPPR`OVED
d O. Senter, Jr., Cigr�-Attorney
SATISFACTION OF REPAIR COSTS
AND
HOLD HARIKIWS—SAGREEMENT
THE STATE OF TEXAS I
KNOW ALL MEN BY THESE PRESENTS:
COUNTY OF LUBBOCK I
WHEREAS, the Southeast Lubbock Development Corporation has entered
Into an agreement with the Housing Authority of the City of Lubbock for the sale
to the Housing Authority of the City of Lubbock of the low -rent housing units
known as Green Fair Manor Apartments, and
WHEREAS. the City of Lubbock has agreed to perform the repairs required
by the Housing Authority as part of such agreement, a copy of such required
repairs being attached hereto,
NOW THEREFORE. the City of Lubbock. acting herein by Its duly author-
ized Mayor, does certify that all sums due for materials, labor or due to sub-
contractors or their materLalmes for such repair work, have been paid or will
be paid by the City of Lubbock and further, the City of Lubbock will hold harmless
the Housing Authority of the City of Lubbock from any and all claims from laborers,
sub -contractors or mateftelmen arising out of such repairs to Green Fair Manor
Apartments,, and further, the City of Lubbock will proceed, to effect settlement of
two fire damage claims now pending and perform the necessary repairs to the
damaged apartments at Green Fair Manor Apartments with such repairs being
paid for with the proceeds of such settlement.
The City of Lubbock and the Southeast. Lubbock Development Corporation
hereby agree that the taxes an the Green Fair Manor Apartments are to be pro-
rated to the date of closing and assumed by Southeast Lubbock Development Corp-
oration to that date and each hereby agrees that such taxes will be paid and the
Housing Authority of the City of Lubbock will be held harmless as to any claim
for such prorated taxes.
AGREED to We ja L-t"_ay of September, 1968.
ATTEST:
ez ff
Lavei2la ENe" City-- S-ec awry -Treasurer
SOUTHEAST LUBBO ' CK DEVELOPMENT
CORPORATION
ATTEST: A: W. SMITH, PRESMNT
X1 F. Couch, Secretary -Treasurer
THE STATE OF TEXAS I
COUNTY OF LUBBOCK I
BEFORE ME, the undersigned authority, a Notary Public in and for said
County, Texas, on this day personaUy appeared W. D. ROGERS, JR., know to
me to be the person whose name is subscribed to the foregoing instrument and
acknowledged to we Oad he executed the same as the act and deed of the CITY
OF LUBBOCK and as MAYOR, for the purposes and consideration therein expressed
and in the capacity therein wed.
GIVEN UNDER MY HART? ANIS SEAL OF OFFICE this qday of
less.
(SEAL)
Notary Public. Lubbock County, Texas
THE STATE OF TEXAS I
COUNTY OF LUBBOCK I
BEFORE ME, the undersigned authority, a Notary Public in and for said
County, Texas, an this day personally appeared E. 'fit+`. SMITH, known to me to
be the person whose name is subscribed to the foregoing instrument and acknow-
ledged to me that he executed the same as the act and deed of the Southeast Lub-
bock Development Corporation and as PRESIDENT, for the 'purposes and consider-
ation therein expressed, and fn the capacity therein stated.
GIVEN UNDER MY BAND AND SEAL OF OFFICE this day of
1868.
(SEAL)
go 2
Notary Public, Lubbock County, Texas