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HomeMy WebLinkAboutOrd 956 - Authorizing Mayor into Earnest Money Contract for Acquisition 171 ORDINANCE NUMBER 956 AN ORDINANCE AUTHORIZING THE MAYOR TO ENTER INTO AN EARNEST MONEY CONTRACT FOR THE ACQUISITION OF CERTAIN PROPERTY AS DESCRIBED; AUTHORIZING THE CITY MANAGER TO HAVE A SURVEY MADE; PROVIDING FOR THE PAYMENT OF THE PURCHASE PRICE UPON THE EXECUTION AND DELIVERY OF PRE- SCRIBED INSTRUMENTS OF TITLE TO THE CITY; AND PROVIDING AN EFFECTIVE DATE WHEREAS, the City Commission has determined it advisable to acquire certain property needed by the city for use in conjunction with its opera- tion, as a warehouse and storage site, and for the possible use of another water well and ground storage reservoir, and other general purposes of the city; and WHEREAS, the City Commission has further determined that certain land as hereinafter described, is available for purchase at a price consi- dered to be reasonable and proper for the land in question. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF WEST UNIVERSITY PLACE, TEXAS: Section 1. That the Mayor be, and he is hereby, authorized to entere into an earnest money contract with Westheimer Rigging and Heavy Hauling, Inc. for the acquisition of a tract of land in the A. C. Reynolds Survey, Abstract 61, Harris County, Texas, as more particularly described in said earnest money contract, a copy of which shall be spread upon the minutes of the City Commission. Section 2. That the City Manager be, and he is hereby, authorized and directed to employ a competent, licensed land surveyor to have such surveyor conduct a survey on the ground of the proper.ty in question, and to prepare a plat reflecting the results of such survey. Section 3. That the Mayor and City Treasurer are authorized to deliver to Westheimer Transfer and Storage Company and Westheimer Rigging and Heavy Hauling, Inc. a total consideration to be arrived at by multi- plying the number of square feet in the property to be conveyed by $1.85, as the purchase price for the property being acquired, upon the satisfac- tion of all of the provisions of the aforesaid earnest money contract and upon del ivery to said City of a General Warranty Deed from Westheimer Trans- fer and Storage Company and Westheimer Rigging and Heavy Hauling, Inc. to the City of West University Place, Texas, along with an Owner1s Title Guaranty policy guaranteeing the title to the aforesaid property to be good in the City of West University Place, Texas. Section 4. This Ordinance shall take effect immediately from and after its passage and approval as required by law. PASSED AND APPROVED this 8th day of March, 1971. Commissioners Voting Aye: All Voting No: None ATTEST: Assistant City Secretary