2002-061-RES AUTHORIZE EXECUTION OF WARRANTY DEED OF ABANDONMENT AS ADJACENT PROPERTY OWNER OF 40' STREET KNOWN AS W PRICE STREET, CITY BLOCKS 10 AND 41

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Section 1. That the findings set out in the preamble to this resolution are hereby in all things approved. Section 2. That the Mayor be, and he is hereby, authorized and directed to execute, on behalf of the City of Paris, a Warranty Deed of Abandonment conveying to the adjacent owner on either side of said street, in accordance with the laws of the State of Texas, the City's interest in the abandoned street right-of-way for W. Price Street located between N. Main Street (U.S. Hwy 271) and 1st Street N.W., beginning at the west boundary line ofN. Main Street going west to the east boundary line of 1st Street N.W., it appearing that the real and true owner of the hereinafter described lots is as follows: Lot 1, City Block 41 Lamar County Lot 2, City Block 41 Lamar County City Block 10 Lamar County Section 3. That the City of Paris retain right of entry and access, drainage, and utility easements in the area to be described in the above-referenced deed of abandonment, with such conditions, restrictions, and reservations unto the City of Paris as established by prior Ordinance No. 2002-018. Section 4. That the City Council hereby authorizes the acceptance by fee simple documents in a form acceptable to the City Attorney of the conveyance by the County to the City in the future of a new, and as of yet unidentified as to location or size, utility easement acceptable to the City for relocation of existing waterlines and other utilities. Section 5. That the City Council hereby authorizes the acceptance of a duly executed Warranty Deed from Lamar County deeding the County's interest in the right-of-way necessary for the Hearne Street Extension, as said Warranty Deed shall be in a form acceptable to the City Attorney. Section 6. That the authorization for the transfer by Warranty Deed of the right-of-way of Price Street to Lamar County as authorized herein shall be and is hereby conditioned upon the receipt by the City of Paris from Lamar County of a Warranty Deed transferring and exchanging the Hearne Street right-of-way described herein; otherwise, this resolution and the authorization for deed and the authorization for acceptance of deed shall be void and of no force and effect. Section 7. That this resolution shall be effective from and after its date of passage. PASSED AND APPROVED this 4th day of April, 2002. ~ ichael J. st, Mayor