HomeMy WebLinkAboutResolution - 050858H - Cooperation Agreement - URA - Coronado Urban Renewal Area Project - 05_08_1958 rRESOLUT_ION— �!
A RESOLUTION.AUTHORIZING AND APPROVING A PROPOSED
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COOPERATION AGREEMENT BY AND BETWEEN THE CITY OF LUBBOCK
AND THE URBAN RENEWAL AGENCY OF THE CITY OF LUBBOCK RELAT-
ING TO THE UNDERTAKING AND COMPLETION OF URBAN RENEWAL LI,
PROJECT TEK. R=33.
WHEREAS, the City Commission has by Resolution formally approved the
Urban Renewal Plan for the Coronado Urban Renewal Area, Project No.
Tex. R-33, and authorizing the undertaking and completion of said Project
in accordance with said Urban Renewal Plan therefor, which Plan bears date II
of March 24, 1958; and,
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WHEREAS, the Housing and Home Finance Agency, an agency of the
United States of America, requires as a condition precedent to the disburse-
ment of Federal.funds to aid in the undertaking and carrying out of the Coronado
Urban Renewal Project that the City and said Urban Renewal Agency enter into
a cooperation agreement relating to the undertaking of the proposed. Urban
Renewal.Project activities by said Urban Renewal Agency and the provision of
local grants-in-aid in relation thereto and in support thereof, together with
certain other cooperative action on the part of the City of Lubbock in support
and aid of said proposed Urban Renewal Project; NOW THEREFORE,
BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF LUBBOCK
AS FOLLOWS:
SECTION 1, THAT the City Commission approve the attached proposed
cooperation agreement, which is made a part of this Resolution, and that the
City.of Lubbock be bound and obligated in accordance with the terms and pro-
visions thereof.
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SECTION Z. THAT the Mayor BE and he is hereby authorized to execute
said attached cooperation agreement on behalf of the City of Lubbock and the
City Secretary is hereby authorized and directed to attest the signature of the
Mayor to said cooperation agreement and affix the seal of the City of Lubbock
thereto.
On motion of Commissioner Maxey seconded by
Commissioners--_ Caste —^_, the above and foregoing Resolution
was passed this the 8th day of Mai , 1958, by the following vote:
Commissioners voting "AYE": Casey.,&Merl, Thompson and Mayor Baker
Commissioners voting "NAY": Alone
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ATTEST:
Cit Se retar -Tr_ e 7
Y Y
P.eturn this copy to
Lavenla Lure for file .
COOPERATION AGREEMENT
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this agreement, agnade and entered into this Gth day of May. 1958# by and
between the Urban Renewal Agency of the City of Lubbacks Texas thereinafter
galled the "Agearncy7 wad the City of Lubbock# Z"eettass a maunicipal corporation
16e roi naftee r callead then "Cityt% W l T N E d 8 E T H t
W HZREAB. the Agency is a public body corporate and politia, crested by the
Urban Renewal Law of Texass atnd to transacting busiaess and exercising the powers
granted by said Law by virtue of Resolution Burly passed a4d adapted by the City
Commission of the'City on the 26th day of Novembers 1957; and.
WHEREASs the Agency with the aid and cooperation of the City proposes
to undertake and carry out " urban renewal program In the City of Lubbock.
including the so-called Coronado Urban Renewal Project (hereinafter called the
'4Projactee), in accordance with the Urban Renewal Plan therefor heretofore approved
by the City Commissi*as bearing date of March K 1958, and pursuant to the pro-
visions of said, Urban Lenewal LAw of Texas; "do
WHEREAS# the Agency proposees# In carding out the Urban Renewal Plan for
said Projeect# to acquire all the property and improvements thereon within the
project area, as provided in and by said Urban Renewal Plan; &ads
WHEREASe the Agency proposes to enter into a loan and grant ,contract with
the Administrator of the Housing and Home 1`inance Agency# an agency of the United
States oaf Ameerica, providing for financial assistance pursuant to Title t of the
Housing Act of 1"9# as amended, for the acquisition# clearance. preparation for
sale and cUspasition of the: Project Drees,, in the sum of:
1. A loan or loan o in ern amount sufff ciont to onablee it to defray the
grey+sag cost of the Projects but is so event to exceed $1. 1L5,618. 10.
g. A Project capital grant In an aranouurt not to exceed $194,438. 50.
5. A relocation grant in as amount net to eked. $i5s 708.40 and.
WIMA ASS the City desires to provide "local grants-in-aid" In connection
with sold Project and has heretofore Indieatted its intention to do so in a< Resolution
,approving said Urban Renewal plan for chain! Project.
NOW THEKEFORts in considerstteoA of the mutual covenants hereinafter set
;worth, the Agency and the City agree:
1. The Agency agrees to diligently and, forthwith proceed with all nece wow y
+actions, work and undertaking to carry Taut the proposed and approved
Urban Renewal Dian in the following de or
cribeee3 Project Area and to carry
out and fete MI the proposed,Loan aaad Grant Contract between it and the
United &at** of Americas acting by and through the Housing and wee
Finance Administrators said Project Arena being ideentiGeed as the
OGO&%)A
''Ca#i nado Urban KOA*W*l Projescto", situated In the City of Lubbock# Lubbock
'+GouAtyr Teexaap and described as 16I1owsv to•vvit
BEGINNING at a point at the tatersection of the Panhandle and Sainte
F* Railroad Southwest aright-of-may &&Ve>r the Northeast Might-of-way
Una of ,beast Drive with the Northeast r ght-of-wray line of the Vort
Worth &Ad Denver City ailroad;
THENCE North 710 310 West a► distances ;of 2102. 1 tact along said.Fort
Worth and Denver City Railroad right-,ed-way line to a ;fit at than Inter-
section of said Une with the West line of Juniper Aveeauee;
TIi=CE North a distance of 877 trot slang the Wont Una of Juniper
Avenue to a point at the intears*ction of sold West line with the North
line of East 88th streeet.
TH"CE East a distance of T8 toot along the North Una of zast 88th
Stroot to a point at the intersection of said North line with a 100 29e Opt
curve to the left, said curve being a cewtlnua►tfon of the proposed Southeast
aright- -wxy line of a proposed overpass streeeet# said ,curves having Its
point of curvature 239. l toot West of and 55 toot South of the said inteer-
se.r+f�o-j of the curve and the North line of East Mth Street, said carve
having an internal angle of 390 39es and tangent length of 197. 3 feat, and
a r"us of 547. l feet;
TIMME slang said 10* 19' 0111 curve to the left an arc distance of 131. 1
toot to a point of tangency for *aid curve. said point of tangency being
In the proposed Southeast line of proposed overpass street;
THENCE North 50o III wait a distance of $60 feet to a point at the inter-
section of the said proposed Southeast line of the proposed overpass
street with the Southwest right-of-way lino of Panhandle and ita ire
R&Uroad and/or the Northeast line of Southeast Drive;
T"NCE South 390 391 East a distance: of 1.395.g toot along the Northeast
lines of Southeast Chive and/or the Southwest right-of-way line of l*nh&Aelkee
and Santa t"e "troad to the PoiNT or BEGIttMNG, said area containing
S4.8 acres snore or loss.
I.' The City agreee se pur su s to &ad wsrithta the pros ed*e s ..kequired by Its
Charter and all applicable lawa+s+ to provide "local grants-in-aid" and to
otherwise cooperate in the undertaking and complation of said Urban Renewal
Frojoict in the following respecter
(a) To take &U steps necessary to ,_:Vroperly appropriate and to contribute
b
to the Urban Renewal Agency of the City of Lubbock for deposit in the
project expenditures account walaWned by said Agency in connection
with said Project, cash iu+the lunaunt of 6168,$56.86. 60% of which
Shall be srsade available not later that: Lweember. 1958s dud the remain-
ing 8 shall be va^dee available not later than Decembers 1959.
(b) To arrange and provide said Improvements and supporting facilities
to be installed in; connection with said project pursuant to said Urban
Renewal pun as teallaws:
( l) The removal and relocation of Muuicipi and other public utility
lines and facilities at, an eeeumated cost of z9.899.88.
(2) Build, construct cad provide dia extension of Brest Mth Street
from Webber Avenue across Iftahanidle and Santa re Railroad
aright-of-way and Southeast Driver to "st zath Street with its
intersection with the North-South alley between Ivory Avenue
and :unipe+r Avenue including the proposed designated overpass
and necessary appurtenances and approaches.
(3)Construct and; rovide certain storm and sanitary Sewer facilities
and water liners at ao estimated cost of We 896.04.
(c) Pursuant to and within the procedures rexs required by its Charter and
applicable laws. the City agrees to take such action;as mad* be required
to vacates those portions of street* and allays and to accept deedicaUan
of other areas for street purposes as may be necessary and proposed
in sale: Plan for said Urban Renewal project, and to stone and tree-sore
the project properties in accordance with said Urban Renewal Plan therefor'.
36. It is undeera3tood that the City of Lubbock is obligated to the payment of 1I3
of the not Project roost incurred in the undertaking and completion of said Urban
Renewal Project and it is estimated that the City of Lubbockvwill receive a local
grant-in-aid credited against its share of the net Projescttoot in the amount of
$164. 154.08 by virtue of the construction of a J ior•Senior *Ugh School by the
Lubbock Independent School District in the viciaft y of said Project bad which will
serve the presidents theresaf. They City agrees Ito wee available and to pay over
to the ASency in cash, any deficit local grant-in-aid.which shall develop if tba
Administrator of the Housing cad Home Finance Agency shall not approve the full
estimated amount of such local grant-in-adl credit for the soastr uctian of such school.
Furthers the City agrees to pay ,in cash any other deficits in local ,grant-in-aid
credit which shall e4etr or develop by virtue of its failures :to establish and support the
aaacuawit of the local grants+in-paid for other Site imaperoveen eats sad MWporting
facilities mentioned. ebove.
d. The City further agrees to cooperates with the Agency in all respect to such
eadeent as may be necessary and required in order to bring the, Coronado Urban
Renewal Project to Its final and Successful completion.,
0SOOSS
I WITNIM 'I HZRX ', the City and the Agency have caused these presetnts
-� to be °executed by they Mayor and Chu mAnt respectively and has ceased the signa-
ture of such Mayor and Chaim rosprectiv4sly to be attested and the heal of the
said respective City mad Agency to be affixed on the dates hereinabove first provided.
VRBAN NEWA L AGENCY OF
THE CITY OF LUB XXAS
By' C
- _ - Chairman
Secretary
CITY [ BC=CN. TCAl
By.
Mayo
ATTEST
,:$ecru Y = e�suredr�'
CITY OF LUBBOCK