R-90-1460 - 6/4/1990WHEREAS, the City of Round Rock has previously assumed a Lease
Agreement with Wallace and JoAnn Luersen for lots 6, 7, 8, 9, and 10
of Block 10, Original Plat of Round Rock, and
WHEREAS, the Lease Agreement provides for an option to purchase
said lots, which option is exercisable on June 1, 1996, and
WHEREAS, the City desires to exercise its option to purchase
early, and
WHEREAS, the City has need for a wastewater line easement across
certain other property owned by the Luersens, and
WHEREAS, the Luersens have agreed to allow the early exercise of
the purchase option and to grant the easement in exchange for the
payment by the City of $130,000.00, Now Therefore
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS,
That the City Council hereby approves the payment of $130,000.00
to Wallace and JoAnn Luersen in exchange for the conveyance of lots
6 - 10 of Block 10, Original Plat of Round Rock and a wastewater line
easement to the City, and
Be It Further Resolved that the Mayor is hereby authorized and
directed to execute on behalf of the City any and all documents
necessary to complete said transactions.
RESOLVED this 4th day of June, 1990.
ATTEST:
011011..1 ■ Afil a L
J ' � NE LAND, Ci y Secretary
R06040A
RESOLUTION NO. /4(00
(00 ,
MIKE ROBINSON, Mayor
City of Round Rock, Texas