HomeMy WebLinkAboutORD 1283 - ORD Granting Weslayan Bank & its Successors, the Right Privilege & Franchise
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ORDINANCE NUMBER 1283
AN ORDINANCE GRANTING TO WESLAYAN BANK AND ITS
SUCCESSORS, THE RIGHT, PRIVILEGE AND FRANCHISE FOR
A PERIOD NOT TO EXCEED TEN~YEARS TO MAINTAIN,
OCCUPY, AND REPAIR PORTIONS OF AN EXISTING BUILDING
WITHIN PORTlONSOF TWO, STREETS..IN THE GITY, OF WEST
UNIVERSITY PLACE ~HARRIS COUNTY ,- TEXAS: PROVIDING
TERMS AND CONDITIONS CONTROLLING THE USE OF SUCH
STREETS; PROVIDING FOR A RENTAL CHARGE; AND
CONTAINING FINDINGS AND OTHER PROVISIONS RELATING
TO THE SUBJECT.
BElT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WEST
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UNIVERSITY PLACE, TEXAS: .
Section 1. The City, of WestUntversity,:Place, Texas, herein
sometimes called "City", does hereby grant unto.WeslayanBank, herein
called "Grantee", the right, privilege and franchise to maintain,
occupy and repair certain portions of the building located at the north
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east corner of University Boulevard and Edloe Street, 3646 University
Boulevard, Houston, Texas, but only those portions which: (i) are now
existing and now leased by Grantee and (ii) are now located within the
street right of way or easement of University Boulevard or Edloe Street
(said portions being referred to herein as the "subject structurell).
The portions of such street to which this franchise applies are
illustrated on that certain survey map entitled "Survey of 0.4448 Acres
of land, more or less, out of and a part of the A.C. Reynolds'Survey,
Abstract #61"in Harris County, Texas" and dated March 5, 1987, and
prepared by McDuffie Surveying, Inc., which is on file in the office of
the City Secretary of the City.
Section 2. Grantee shall maintain the subject structure so
as not to interfere unreasonably with traffic over the public
thoroughfares of the City. Any public road, highway, street, lane,
alley or other public place disturbed by Grantee in maintaining or
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repairing the subject structure shall be restored immediately after the
completion of the work in accordance with the City's ordinances, rules
and regulations, as amended from time to time. In all cases where work
requires the exercise of skill as in the laying or relaying of pavement
or sidewalks, the Grantee shall employ skilled workmen familiar with
the execution of such work. Whenever deemed necessary by the City, it
shall have the right to designate 'its engineer, building official or
other person to superintend and'supervtse the refilling of said public
roads, highways, sidewalks, streets or other public ways, the relaying
or refilling 'of the sidewalks and pavements and all other repairs and
replacements of the pavements, sidewalks and other grounds so disturbed
for the maintenance or repa.ir, all of which shall be at the expense of
the Grantee.
Section 3. In cons iderati orl'of the, rights andpri vi 1 eges
herein granted; Grantee shall pay as rental to the City the sum of
$272.88 per year, provided that after the first payment, each
subsequent annual payment shall bemultipl ied by a cost adjustment
factor computed by dividing "A" by liS", where "A" is the index value of
the"Consumer Price Index for All Urban Consumers, U.S. City Average,
All Items (1967-100)" as published in the Monthly Labor Review by the
Bureau of Labor Statistics of the DepartmEmt of.Labor of the United
States"of America (UIndex")applicable'to the ,third"monthimmedi-ately
preceding the>month in which the':' payment is due, .anduB." is ,the value
of such Index applicabl e to, January of 1987.' The 'product of the
initial anniJal sum multipli'ed by!' theappropr,iate' cost adjustment factor
shall be the amount that the Grantee'shall'pay'for. each 'subsequent year.
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The annual payment for the first 'year shall be due. on the tenth day
following the day this ordinance is finally adopted. The second and
each subsequent annual payment shall be due on the first day of the
year to which it corresponds. For example, the second annual payment
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shall be due on the firstday"after the first anniversary of the date
this ordinance is finally adopted. Each payment shall be made at the
principal office of the City, without demand, on or before its due date.
Section 4. In consideration of the granting of this
franchise, the Grantee shall defend and indemnify the City, its
successors and assigns and their officers, agents, employees and
contractors, and hold them harmless, from all claims for injury to or
death of any person or for any other damages or claims arising 'out of
or in any way connected with the subject structure or which injuries,
deaths, damages or claims would'not have ,occurred but for the presence
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of said structure within the right of way or easement area.
Section 5. The Grantee shall agree that if the City or its
successors or assigns shall at any time, in its sole discretion,
determine that it is necessary to do so for the purpose of properly
maintaining or installing facilities within a street right of way or
easement, it shall be privileged to remove or alter temporarily, during
the course of any such maintenance or installation, the subject
structure, or any part thereof, and,the City shall not be obligated in
any manner to restore the' subject'structure so altered or removed, but
that any restoration shall be made by the Grantee at its sole cost and
expense. The Grantee for itself, its successors and assigns shall
release the City, its successors and assigns and their officers,
agents, employees and contractors from any and all liability for damage
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caused to the subject structure by ,any such remov.aloralteration or by
the presence or malfunctioning of City facilttieswithin 'the right of
way or easement and regardless of whether i'ts'(or.their),negligence may
contti buteto such 'loss or damage~-
Secti on 6. Nothing herei n conta ined sha lLever be held or
considered as conferring upon Grantee any exclusive rights. or
privileges 'of any nature whatsoever.
Section 7. This franchise shaH' be subject to the Home Rule
Charter of the City of West University Place and all applicable laws
and constitutions.
Section 8. If Grantee fails .toperform any of its duties
under this ordinance, theCitymay,at'its option, terminate the 'rights
of the Grantee. In the event of ' such termination, all of the remaining
payments of Grantee shall'become immediately due. ~
Sect, on 9. This franchiSe i sfor the sol e use and benefit of
Weslaya.nBank, but it is not transferable or-assignable.' A change of
name by Grantee, a'rilergerby Grantee:with'ailother bank or an
acqu'i si ti on' of Grantee by' another banksha 11 not be deemed to be" a'
transfer within the meaning of this"Sectjon. The word uGrantee"'when
used herein refers to WeslayanBankandits permitted successors.
Section'10. This franchise'shall take effect-and continue
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and rernainln effect'for aperiod'ending at noon on the:tenth
anniversa.ryof the date this'ordinance~.isadopted finally (unless'
sooner teri11ii1ated)~ provided tha't this\' ordinance"sha,ll not take effect
unless Grantee files a written acceptance? of this ordinance. with the
City Secretary of the City on or before the tenth day following the day
that this ordinance is finally adopted (or within such longer period of
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time as the ,City Counoi,l of .theCity may -prescribe). .and. :makes "the' :
inittal:payment when due. l'This franchi'se ,shall-automatically terminate
(sooner than the tenth anniversary of the date this ordinance is
adopted finally) if that certain lease between ,-The , Donald: Realty' eo.,
Int"~:and Weslayan Bank N.A;~dated'-FebrtJary 9, 1987~ i-sterminated or
is no longer in effect'for"any reason.r.' I " .
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Section 11. All ordinances and parts of ordinances in'
eonflict:herewith are hereby' repealed to the extent of the conflict
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Section 12. If any word, phrase, clause,' sentence, ~- :-
paragraph, section or other part-of~tbis~ordinaote'or-the application
thereof to.-any'person. or circumstance~sha~} ever be held to~berinvalid
or unconstitutional by 'any' court of, competent-'jurisdiction'"the,-
remainder of this ordinance~and the',app~ication of such word~ phrase,
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clause, sentence, paragraph,~section or-other part~of-this ordinance to
any other persons or circumstances shall not be affected thereby.
Section 13. The City Council'officially finds, :determines
and declares"that a sufficient'written notice, of.the date,-hour, place
and"subject of each';meeting at,wbich this ordinance was discussed,
considered or acted upon'was1givenin-thermanner required~by~the'.Open
Meetings Law~, TEX. REV~ CIV. "STAT. ANN. art. 6252-17 ,'as amended, and
that each, such meeting has been :openi to the"public as reqliir.ed"by ,law
at all times during such discussion.,.-consideration' and actign'. : The
City Council ratifies, approves'; and: conf'irms such notices and,. the"
Gontents'and'posting:thereofi" l'~
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Councilmembers Voting Aye:
Mayor Parks, Councilmembers
Higley, Bryan, Schwartzel,
Thompson
Councilmembers V~tJng No:
Councilmembers Absent:
None
None
PASSED AND APPROVED ON SECOND READING this 11th day of
April , 1987, ('",
Councilmembers Voting Aye:
Mayor Parks~'Co~ncflme~befs
Higley, Bryan, Thompson,
. Schwartzel . .
Counci 1member.s 'VoUng 'No:'
None
Councilmembers Absent:,
None
[]
PASSED AND APPROVED ON THIRD AND FINAL,READING this.~
day of April , 1987.
Councilmembers Voting Aye: Mayor Parks, Councilmembers
. Higley, Bryan, Thompson,
Schwartzel
Councilmembers Voting No: None
Councilmembers Absent: None
Michael L. Parks, Mayor
ATTEST:
Audrey Nichols, City Secretary
Approved as to Form:
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(SEAL)
James L. Dougherty, Jr.
City Attorney
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To the :Cit,y"d,f West UniversUy',Place', Texas t;
Weslayan Bank, for itself, its successors and assigns, hereby
accepts the above and foregoing ordinance and agrees to be bound by all
of its terms and provisions.
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Weslayan Bank
By'
President
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DATED the
day of
, 19
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THE STATE OF TEXAS ~
COUNTY OF HARRIS ~
I, the duly appointed, qualified and acting City Secretary of
the City of West University Place, Texas, do hereby certify that the
above and foregoing Acceptance was received and filed in the office of
the City Secretary of the City of West University Place, Texas, on the
day of . , 19_.. ';,
EXECUTED under my hand and the official seal of the City of J
West Univers~tr9Place, Texas,'atsaid City; this _____ day of r--
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City Secretary of the City of
West University Place, Texas
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