HomeMy WebLinkAboutR88-111ACQUISITION OF REALPROPERTY
RESOL%V~ION NO. R88-111
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
PLAINVIEW, TEXAS APPROVING THE ACQUISITION OF
REAL PROPERTY BY THE HALE COUNTY APPRAISAL
DISTRICT PURSUANT TO STATE'LAW.
WHEREAS, the City of Plainview, by a Contract for Assessment
and Collection Services dated the 23rd day of April, 1985,
contracted for the services of the Hale County Appraisal District
and became a governing entity of the district; and
WHEREAS, the Hale County Appraisal District, by warranty deed
with vendors lien dated July 20, 1981, contracted to acquire the
property described in the attached "Exhibit A", which is wholly
incorporated into this Resolution; and
WHEREAS, the Hale County Appraisal District has met the
obligations set forth in Exhibit A; and
WHEREAS, the Board of Directors of the Hale County Appraisal
District, by Resolution dated January 21, 1988, have deemed it to
be in the best interest of the Appraisal District to acquire the
property described in Exhibit A; and
WHEREAS, V.T.C.A., Tax Code Section 6.051 requires the
acquisition of property by an appraisal district be approved by the
governing bodies of three fourths (3/4's) of the taxing units
entitled to vote on the appointment of board members.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF PLAINVIEW, TEXAS that the acquisition of the property, as
described in the attached Exhibit A, by the Hale County Appraisal
District is hereby found to be in the best interest of the City of
Plainview and is hereby approved.
I Carla J. Reese, City Secretary for the City of Plainview,
hereby certify that the above Resolution was adopted by the
1988.
Pi~n~C~Y .~.il on Februar~ 23,
Carla J. Re~, City Secretary
To select the proper form. fill in blank spaces, strike out lortn 'provtsions or ~nsert
WARRANTY DEED WITH VENDOR'S LIEN
THE STATE OF TEXAS
COUNTY OF HALE
That d. B. JACKSON, a single man,
KNOW ALL MEN BY TIII'..SE PRESEHTS:
of the County of Hale and State of Texas for and
in consideration of the sum of TEN DOLLAI~.S
and other valuable consideration to the undersig.ed paid by lhe grantee he.in named, the ~ceipt of
Whichisherebyacknowledged, andthefl~rtherconsiderationof the execution and delivery
by grantee of grantee's note payable ~o the order of grantor ~n the
amount of $65,000.00 representing the full consideration, payable in
120 monthly installments of $970.50 each bearing interest aE the rate of
thirteen percent (13%) per annum with the first payment being due and
payable on or before the first day of July, 1981 and like installments
being due and payable on or before the 1st day of each month thereafter
~unti! ~he full amount of principal and interest has been paid. Each
paymen~ shall be applied first ~o accrued interest and the balance to
principal
Additional Pa!anent
Additional Payment
Final Payment
November 1984 payment of $10,000.00
April 1986 payment of $23,000.00
January 1987
the payment of which note is secured by the vendor's lien herein retained, and is additionall:~ .~cured by a d~ed of
trust of even date herewith to .JOE COX Trustee,
have (iRANTED. SOl.l) AND ('ONVEYFD. and by lhese presents do (.;P, ANT. Y, lil.l_ AND {'ONVtiY unto
HALE COUNTY APPRAISAL DISTRICT, grantee,
of the ('otmty of Hale ami Still,.: of Texas . all of thc following described real
property in IIale Counly. Texas. to-wit:
Lots 7 & 8, Block 43, Original Town of Plainview, Hale County,
Texas.
· 'Exhibit A"
TO HAVE AND TO HOLD the above described premises, together with all and singular the rights and
appurtenances thereto in anywise belonging unto the said grantee , LEs successors ~ and assigns
forever; and I do hereby bind myself my heirs, executors and administrators to
C[3. WARRANT AND FOREVER DEFEND all and singular the said premises unto the said grantee , its
C.~Qsuccessors
d~lm~.la and assigns, against every person whomsoever lawfully claiming or to claim the same or any part
!? thereof.
But it is expressly agreed that the VENDOR'S LIEN, as well as the Superior Title in and to the above
described premises, is retained against the above described property, premises and ~mprovements until the above
described note and all interest thereon are fully paid according tc~ the face, tenor, effect and reading thereoL
when this Deed shall become absolute.
EXECUTED this 20t:h day of