HomeMy WebLinkAboutResolution - 111457J - Certificate Of Special Assignment - Citizens National Bank - Sieber Addition - 11/14/1957RESOLUTION
WHEREAS, the Citizens National Bank of Lubbock, Texas, has purchased
from the City of Lubbock certificate of special assessment No. 4904 in the
amount of TWO HUNDRED,, THIRTY-THREE AND 05/100 ($233.05) DOLLARS;
and,
WHEREAS? the Citizens National Bank by reason of such payment is entitled
to the certificate of assessment and all lienssecuring said certificate, NOW
THEREFORE:,,
BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF LUBBOCK:
SECTION I. THAT the Mayor of the City of Lubbock is hereby authorized
to execute and deliver an assignment to the Citizens National Bank of Lubbock,
Texas, of the certificate of special assessment No. 4904 in the amount of
TWO HUNDRED,, THIRTY-THREE AND 05/100 ($233.05) DOLLARS plus accrued
interest 'covering Lot 12, Block 10, Sieber Addition, an addition to the City of
Lubbock, Lubbock County, Texas; owner Howard C. Gibbs, issued by the City
of Lubbock, Lubbock County, Texas, on October 11, 1956, to Kerr & Middleton
and assigned by them to the City of Lubbock by transfer:_ recorded in Volume
646, page 373, Lubbock County Deed Records, dated November 30, 1956.
SECTION 2. THAT the assignment shall include any and all mechanicts and
materialmants liens, contracts and special asse sa-ment liens which it might
have in and to the property securing the payment of the above-described
special assessment certificate.
SECTION 3. The assignment shall be made without recourse onthe City
of Lubbock for the payment of said certificate but shall warrant that no
payments have been made thereof and that the same is entitled to no credits.
SECTION 4. The certificate of special assessment shall be transferred
together with the assignment thereon and the certificate shall have noted thereon
that it has been assigned by the City of Lubbock to the Citizens National Bank.
Passed by the City Commission this 14th day of November , 1957.
S. EST, JR.,, Ma r
ATTES
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Lavenia Lowe, City Secretary, Treasurer