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O-85-2190 - 8/22/1985ORDINANCE NO. 2190 AN ORDINANCE CONSENTING TO THE SALE OF CERTAIN REAL PROPERTY BY THE OLD SETTLERS ASSOCIATION OF WILLIAMSON COUNTY. WHEREAS, the Old Settlers Association of Williamson County, Texas as Seller has by Earnest Money Contract dated April 1, 1985 and Amended June 29, 1985 agreed to sell certain Real Property being more fully described in EXHIBIT "A", ("The Land") attached hereto and incorporated herein by reference for all purposes, and WHEREAS, "The Land" described in EXHIBIT "A" is part of a tract of land conveyed by Maggie J. Harrell and husband, T.M. Harrell, to Ed R. Anderson, president of the Old Settlers Association of Williamson County, Texas, which deed is recorded in Volume 258, Page 276, of the Deed Records of Williamson County, Texas, and WHEREAS, in said deed from Maggie J. Harrell et vir recorded in Volume 258, Page 276, of the Deed Records of Williamson County, Texas, there was created in the City of Round Rock, Texas a reversionary interest in the property thereby conveyed, and WHEREAS, the reversionary interest created in the City of Round Rock raises some question as to the position of Buyer with regard to the premises, the City of Round Rock and its reversionary rights, and WHEREAS, the City of Round Rock has no desire to interfere with or impair such sale but rather has a desire to cooperate with Old Settlers Association of Williamson County, Texas, in carrying out their purposes, and WHEREAS, the Old Settlers Association of Williamson County, Texas has agreed to place similar reversionary interest provisions in any'.dee.dthey receive pursuant to purchase of property with the funds of the herein described sale or in any exchange of "The Land" for other real property pursuant to the Earnest Money Contract described herein, NOW THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS, I. That the City of Round Rock Texas, does hereby agree that should the tract, or any part thereof, conveyed by Maggie J. Harrell and husband, T.M. Harrell, to Ed R. Anderson, president of the Old Settlers Association of Williamson County, Texas, be sold, the City of Round Rock, Texas will take no action pursuant to its right of reversion which would interfere with or impair such sale. II. A. All ordinances, parts of ordinances, or resolutions in conflict herewith are expressly repealed. B. The invalidity of any section or provision of this ordinance shall not invalidate other sections or provisions thereof. READ and APPROVED on f rst reading this the ,44"day of aI I 1985. READ, APPROVED and ADOPTED on second reading this the day of ATTEST: , 1985. Ally 04/1 MIKE ROBINSON, Mayor City of Round Rock, Texas NE LAND, City Secretary