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HomeMy WebLinkAboutResolution - 012375D - Warranty Deed, Etc. - State Of Texas - I-27 Improvements, Sec 10 Blk A - 01_23_1975y d A _'." 1 JWF:dw r RESOLUTION O/Z575 BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK, TEXAS: SECTION 1. THAT the Mayor of the City of Lubbock, Texas, is hereby authorized and directed to execute for and on behalf of said City a Warranty Deed from -said City unto the State of Texas covering 13.173 acres of land out of Section 10, Block A. Lubbock County, Texas, to be used in connection with Interstate Highway 27 improvements to be made by the Texas Highway Department, subject to certain conditions as set forth in said Deed required by Federal Aviation Administration of the United States Government, a copy of which Deed shall be spread upon the minutes of this Council, and as so spread upon the minutes of this Council shall constitute and be a part of this R-esolution as if fully copied herein in detail. SECTION 2. THAT the consideration to be received by said City from the State of Texas for conveyance of said land shall be $94, 043. 00. SECTION 3. THE Mayor is also hereby authorized and directed to execute a memorandum of agreement with respect to the above conveyance on behalf of the City of Lubbock with the State of Texas and/or the Texas Highway Department and a request for payment from said State Agency on Texas Highway Department Form 132 in the amount of $94, 043. 00, being the amount of consideration set forth in Section 2 hereof. Passed by the City Council this 23 day of January 1975. /2u Pam ROY BASS Myor ATTEST: Treva Phillips, City ecretary-Treasurer APPROVED AS TO FORM: Fred O. Sente , Jr. , t37.Attorney