HomeMy WebLinkAboutResolution - 080874C - LBK Poster Co To Purchase Interest In Three Billboards - 08_08_1974ooVA ugl
RESOLUTION
WHEREAS, Lubbock Poster Company of Lubbock, Texas has tentatively
indicated its willingness to sell, grant, and convey its interest in three billboards
and/or billboard sites unto the State of Texas for the sum of $9, 970. 00, and the
4 City of Lubbock for its own account, and as agent for the State of Texas finds such
ff. purchase would be for the public interest to expedite street and/or highway im-
provements on Fourth Street, NOW THEREFORE:
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK:
THAT in order to formalize the transaction referred to in the preamble
hereof, the Right -Of -Way Department of the City of Lubbock is hereby authorized
and directed to make a formal offer to Lubbock Poster Company of the City of Lub-
bock, Lubbock County, Texas, . the State of Texas Highway Department approved
value of $9,970.00 for the purchase of all the interest of said Lubbock Poster
Company in three billboards and/or billboard sites as regards parcels known as
Parcel Numbers 14, 24, and 32 respectively in the Fourth Street highway and/or
street improvement project of the City cf Lubbock and the Texas Highway Department.
Passed by the City Council this 8th day of--A,ugusr , 1974.
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ROY BASS, MAYOR
ATTEST:
Treva Phillips, Cit Secretary -Treasurer
AP
PROVED AS TO FORM:
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Fred O. Senter, Jr., City