HomeMy WebLinkAboutResolution - 041455G - License Agreement-1St National Bank-Underground Tunnel. Best Scan Available - 04_14_1955 r
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RESOLUTION
t W HE REAS , the Fir stNational Bank of Lubbock, Texas, a National
f` Banking Corporation, is .desiro.us of entering into contract for the constrution
iifr.:an.underground passageway underneath and intersecting an alley as more
particularly described hereinafter, for the .purpose of connecting the main
bank building and futilities to the drive-in deposit building, and it will be nec-
essary y' in the construction of such passageway to displace, use and occupyy a
portion of an alley in the City of Lubbock, &s £hereinafter described, and in the
construction of same, it will be necessary to displace.the existing improve-
ments within such alley; and,
WHEREAS , said bank has agreed to replace such improvements and
in all ways save and hold. the City of Lubbock`harmless and free of any obli-
gationto replace such improvements) NOW, THEREFORE,
BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF LUBBOCK:
t SECTION 1, That the First National Bank of Lubbock, a National Banking
Corporation, its duly authorized agents and legal representatives be granted a
lioense to construct and maintain an underground tunnel connecting its main
bank building to its drive-in deposit building at the place described as follows:
BEGINNING at a point in the East line of Avenue «Lfr, said
point being the Southwest corner of Lot 1, Block 117, Original
Town;
THENCE East along the South line of said Lot 1, same being
the North line of a ZO foot alley, a distance of 10 feet to a
point for corner;
THENCE South parallel to and 10 feet East of the East line �
of Avenue ►tLF'r crossing said 20 foot alley, a distance of
�I ZO .feet to :a point for corner in the North.line of Lot 6, Block
j117, Original Town;
THENCE West along the North line of said Lot 6, same being
the South line of said alley, a distance of 10 feet to a point
for corner, said point being the Northwest corner of Lot 6,
Block 117, Original Town;
THENCE North along the East line of Avenue VtLft, crossing
said 20 foot alley, a :distance; of 20 feet to the PLACE OF
BEGINNING.
SECTION 2. That the Mayor is hereby authorized and directed to enter
into a License Agreement, a copy of which is attached to this resolution and
made a part hereof.
On motion of Commissioner ...&ker seconded by
Commissioner Forrest , the.foregoing Resolution was passed
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this the]?}],?}th day of 1955, by the following vote:
Commissioners voting "YEA,,. Baker, Forrest, Thomas and Mayor Tripp
Commissioners voting 1'1NAY++: None
M LL T ayor
ATTEST:
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