1998-011-EXTEND MLK - 6th STREET NE TO N MAIN

Home Browse Search

CONTRACT OF SALE AND PURCHASE THE STATE OF TEXAS ~ ~ THE COUNTY OF LAMAR ~ For Ten ($10.00) Dollars cash, and the mutual benefits which will accrue to all parties hereto, P A TT SWAIM of Lamar County, Texas (herein called "Swaim"), the owner in his separate right and estate of the within described property, joined pro forma by his wife, Sydney Swaim, and THE CITY OF PARIS (herein called "City"), by and through its duly authorized Mayor, Eric S. Clifford., enter into the following agreement: 1. The City agrees to transfer, assign and convey to Swaim, by Special Warranty Deed, a tract of approximately 3.53 acres ofland in the Reddin Russell Survey #786, Lamar County, Texas, located on Loop 286 N.E., more particularly described in Exhibit "A" attached hereto and made a part hereof for all necessary purposes. A new survey of this property will be obtained by the City, at its cost and expense. 2. Swaim agrees to transfer, assign and convey to the City, by Special Warranty Deed, six (6) tracts of land containing approximately 7.066 acres of land, consisting of a 60-foot right-of-way being approximately 1.714 acres, formerly used by the Atchison, Topeka & Santa Fe Railroad, beginning at North Main Street running in a easterly direction to the east boundary line of the railroad property, being part of an 11.706 acre tract of land conveyed to Swaim by deed of record in Book 704, Page 243, Lamar County Real Property Records, and highlighted in yellow in Exhibit "B" attached hereto and made a part hereof for all necessary purposes. 3. Further, Swaim agrees to transfer, assign and convey to the City, by Special Warranty Deed, a 60-foot strip, being approximately .482 acres, constituting land which will provide for the EXHIBIT A