HomeMy WebLinkAboutResolution - 2271 - Release Of Vendor Lienlynnmark Investment Et Al-Block D5 EL RRRR Company Surveys - 03/13/1986.y M
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Resolution #2271
March 13, 1986
Agenda item #17
va 2121 PA6F126
WHEREAS, the City of Lubbock by resolution and deed conveyed certain
hereinafter described parcels or tracts of land to Lynnmark Investment
Company, Buddy K. Hughes Company and Willojak Corporation on June 27, 1961;
and
WHEREAS, the City received from said grantees $28,650.85 in cash and
retained in said deed one vendor's lien note in the amount of $85,952.55 as
consideration for said conveyance; and
WHEREAS, the principal amount due the City pursuant to said vendor's
lien note, together with all applicable interest, has been paid in full to
the City; and
WHEREAS, it appears that said vendor's lien should be released and it
would be in the best interests of the City of Lubbock to release the same;
NOW THEREFORE:
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK:
THAT the Mayor of the City of Lubbock BE and is hereby authorized and
directed to execute for and on behalf of the City of Lubbock a release of
the vendor's lien recorded in Volume 846, Page 587 of the Deed Records of
Lubbock County, Texas, insofar as it applies to the parcels or tracts of
land described as follows:
All that part of Survey No. Seventeen (17) in Block D-5, E.L. &
R.R.R.R. Co. Surveys in Lubbock County, Texas, certificate No. 1244,
patented to Charles H. Kent assignee, Patent No. 2, Vol. 53, lying
South of the Santa Fe Railroad Company right of way and containing
530.23 acres of land more or less; and excepting certain tracts
described by metes and bounds in said deed.
Passed by the City Council this 13th day of March , 1986.
ALAN'HENRY, AYOR
-ATM
Ranett -'Boyd, City Secret ry
APPRLIyED AS T CONTENT: APPROVED AS TO FORM:
Tom Nivens, Right -of -Way AgentaroH - ld Willard, Assistant City
Attorney
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r TE OF TEXAS,VOL 2121 PA6F 12
THE STAKNOW ALL MEN BY THESE PRESENTS:
COUNTY OF LUBBOCK
That in consideration of the payment in full according to the face and tenor thereof, of one
certain promissory note payable to the City of Lubbock,
described in a certain warranty deed
executed by City of Lubbock
to Lynnmark Investment Company, Buddy K. Hughes Land Company and Willojak
Corporation
dated the 27th day of June 19 61 , and recorded in Vol. 846 on
page 587 of the records of Deeds
of Lubbock County, Texas
the City of Lubbock,
the owner and holder of said note , do hereby release the Vendor's
lien shown by said deed to exist upon the following described land, to secure pay-
ment of said note , viz.:
All that part of Survey No. Seventeen (17) in Block D-5,
E.L. 8 R.R.R.R. Co. Surveys in Lubbock County, Texas,
certificate No. 1244, patented to Charles H. Kent assignee,
Patent No. 2, Vol. 53, lying South of the Santa Fe Railroad
Company right of way and containing 530.23 acres of land
more or less; and excepting certain tracts described by
metes and bounds in said deed.
Witness our hand this 6th day of Februar 1986
ATTEST_Cl_T__Y___OF _ ------------------------------------------
(::]
CIT C TARY
THE STATE T AS
BEFORE ME, the undersigned, a Notary Public
County of--- -----------------------
U A_,.____S-015___, in and for said County, Texas, on this day personally appeared
------------------------------------------ ------ ----------------------------------------- --------------------------------------------- - ----- -------
known
------ --------- ----- --------------------
known to me to be the person -------- whose name ------- S______________subscribed to the foregoing instrument, and i k
acknowledged to me that ---- he ---- executed the same for the purposes any consideration therein qxpressed
and in the capacity therein stated. i�_
GIVEN UNDERMYHAND AND SEAL OF OFFICE, this /7 -day of________ _ _____ _____________ ___________
f
A. D.19_6.
- SEAL
5
-----------I.-------(L. S.) -S -----------------
Notary
---------------
Notary Public, LJo6oC.L
County, Texas
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