HomeMy WebLinkAboutResolution - 070848E - Paving Lien Release In Order For Property Owner To Close A Loan - 07/08/1948A
4
RESOLUTION
} WHEREAS, paving of many units has been delayed by conditions.be'yond'the con-
- Itrol of the City Commission, and the paving lien_asseasment constitutes a cloud on
the title of some properties where owners must secure loans for building purposes,
and to avoid undue hardshipsthe Commission deems it in the public interest to re-
lease such liens provided contract liens are forthwith executed by such owners
to the City of Lubbock for the purpose of timely paving abutting such released pro-
perty.. THEREFORE,
BE IT ORDAINED BY THE CITY COWISSION OF THE CITY OF LUBBOCKt
THAT, the Mayor of the City of Lubbock, BE, and he is hereby authorized to
execute paving lien releases as a cloud on the title to certain property, where
no paving construction work Chas begun and where the request for such release is made
in order to permit the property owner to close a loan on the property so released,
PROVIDED HOWEVER, the property owner shall forthwith execute to the City of Lubbock
in due form a contract mechanices lien to secure payment for the contemplated pave-
ment to be done by the City of Lubbock or its assignee. And such paving lien so
executed shall forthwith be filed of record in the office of the County Clerk
of Lubbock County, Texas.
The foregoing resolution, on motion made by Commissioner Price and seconded
by Commissioner Hufstedler, was unanimously carried this 8th day of July, 1945•
ATTEST t
City S etary