HomeMy WebLinkAboutResolution - 100958G - Warranty Deed - Willojak Corporation Et Al - Section 5 Block A - 10/09/1958 RESOLUTION
_1 A RESOLUTION AUTHORIZING THE MAYOR TO EXECUTE
FOR.AND ON BEHALF OF THE CITY OF LUBBOCK A WARRANTY DEED FROM
`SAID CITY TO THE WILLOJAK CORPORATIONo, HAROLD BLANK CORPORATIO
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4W06Y K HUGHES LAND COMPANYo, C. JAN JENNINGS LAND COMPANY,INC.
Iil C:L LAND COMPANY, INC., AND WEST TEXAS CONSTRUCTION COMPANY
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INC., TO A PORTION OF SECTION 5s BLOCK A IN LUBBOCK COUNTY, TEXAS.
WHEREAS, the City of Lubbock finds that it would be expedient and in the
Public Interest to convey certain lands now owned by the City of Lubbock to
certain Corporations who have expressed a desire to purchase the same by bidding
'for the;purchase of said land; NOW THEREFORE:
BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF LUBBOCK:
SECTION 1. THAT the Mayor be and he is hereby authorized and directed to
execute for and on behalf of the City of Lubbock a Warranty Deed from said City
i to Willojak Corporations Harold Blank Corporations Buddy K. Hughes Land Com-
panys C. Jan Jennings Land Company, Inc. , H. C. L. Land Company, Inc., and
' West Texas Construction Company, Inc. , covering certain land owned by the City
of Lubbock in Section 5, Block A, Lubbock Countyo Texas, as more fully describe
in the copy of said Warranty Deed which is attached to this Resolution and made
a part hereof for all purposes.
The total consideration to be paid to the_City of Lubbock by the Grantees in
said Warranty Deed shall be NINETY NINE',THOUSAND, FOUR HUNDRED, SIXTY
TWO AND 601100 ($99,462. .60) DOLLARS.
SECTION 2. The City Secretary is authorized and directed to attest the
signature of the Mayor to the Warranty Deed and shall affix the seal of the City of
Lubbock thereto.
Passed by the City Commission this 9th day of 0 toper 2 1958
NNIS BAKER, Mayor
AT T T:
Approved
pprcved
L venia Lowe City,Secretary-Treasurer Phr Ex
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The City of Lubbock will exe-ijute partial releases of the t9dFsfI e
`of trust lien hereinbefore mentioned ,covering not less than five acres for each re�gas
as and when re4uobted in writing by grantees and upon payment by grantd-As to the Cit
of Lubbock the sum of $678. 00 per acre for the land to be released, said ,payment to
--- applied on the next annual installment due on the vendor's lien note herei.nbeforetxiThRei
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