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HomeMy WebLinkAboutResolution - 061050B - Conditional Conveyance - USAF - RAFB, Reserve COL Mineral Rights - 06_10_1950 1 �d RESOLUPICTT M M=S, a conditional conveyance or ;he real property comprisi3n Reese Air Force Ease, such conveyance executed July 5, 1949, recorded in Vol. 407, Page 343, Deed Records of Lubbock Cou�ity, Tezzas, Tms made by the City of ` Lubbock to the United States Government, and, 47f=MS, the City Commission of the City of Lubbock has been informed, through United States Government agencies that the Base has been made a perma- nent military installation and the Gover,.,.jnent will make permanent improvements at the Base, including permanent housing under the Wherry Housing Act, rlhen the City conveys the land comprising the Base, without the condition stated in said conveyance, and, TITUTIAS, the City Commission of the City_of Lubboc'c, acting in the public interest consistent with the provisions of Article 1269Jp Section 7, Revised Civil Statutes of Te::as, desire to execute the conveyance, but reserving to j the City of Lubbock all Oil and Gas minerals and every right pertaining; to the !I City's ownership of the Oil and Gas minerals in the land comprising the Base, THEREFORE; BE IT PESOMED EY THE CITY COI ;TISSIOIT OF THE CITY OF LUEBOCK, TEAS: 1. THAT, in consideration of the premises and for the considerations and privileges above set out, the Governing Body of the City of Lubbock, Texas, proposes to convey the land comprising Reese Air Force Base (as described in �I the conditional deed recorded in Vol. 407, Page 343, Deed Records, Lubbock County, Texas) to the United States of America, reserving all Oil and Gas minerals and every right, privilege and appurtenance pertaining thereto, and 'I to the City of Lubbock's o=ershi p of such Oil and Gas minerals in the land comprising Reese Air Force Base, provided that it is agreed bet,rreen the City of Lubbock and the United States of America in such conveyance that should the reserved Oil and Gas minerals ever be lawfully construed or determined to be "fissionable material," or "source material," as those terns are defined in the Atomic Energy Act of 1946, the City of Lubbock and its assigns shall receive just compensation therefor as their interest may appear. II otion of Commission , seconded by Commissioner l • G 4IM1*2, , „the-foregoing Resolution was unanimously passed by an affirmative vote of the City Commission this loth day of Junes it 1950. 4 ---� ATTEST: . larence K. 7,11A. o si e, ,4 or 6aq City cretary I +I . to C4- to at to il or UU4 w 4 2 � h Uootoot UO 'l l" 3 wtg 0 MUM Harvey Austin