R-82-449 - 5/13/1982WHEREAS, the City Council has previously approved the
use of Community Development Block Grant funds for the
interim financing of certain improvements to a residence
owned by Jesse and Dora Gutierrez, and
WHEREAS, the loan is secured by a Builder's and
Mechanic's Lien on said property, and
WHEREAS, Farmers State Bank of Round Rock is providing
the permanent financing, and
WHEREAS, the City Council wishes to transfer the
Builder's and Mechanic's Lien to Farmers State Bank in
exchange for its payment in full of the aforesaid interim
construction loan, Now Therefore
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK,
TEXAS
That the Mayor is hereby authorized and directed to
execute on behalf of the City a Transfer of Lien to Farmers
State Bank, a copy of said Transfer being attached hereto and
incorporated herein for all purposes.
RESOLVED this 13th day of May, 82
A T ST:
JSfNNE LAND, City Secretary
♦ •
RESOLUTION NO. 1 7 / 49R
NN, Mayor
City of Round Rock, Texas