10&11 Price Street Closing - Laserfiche WebLink

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way abandoned herein shall include, or shall be interpreted to include, the easements and the appurtenances thereto preserved by the City of Paris as reflected in this ordinance, and the abandonmentof said streetright-of-way is hereby conditioned upon the preservation of said easements and the rights and interests reserved unto the City of Paris hereto. Section 7. That the City Council hereby accepts as consideration for the aforesaid abandonment of the Price Street right-of-way the tender by Lamar County of the right-of-way for the Hearne Street extension as the same is described in Exhibit B attached hereto and for all purposes incorporated herein, and further finds such exchange of properties to be of equal value to the respective parties and in the best interests of the citizens of the City of Paris and Lamar County. Section 8. That the abandonment and transfer by Warranty Deed of the Price Street right-of- way to Lamar County authorized herein shall be and is hereby conditioned upon the exchange and transfer by Lamar County by Warranty Deed of the Hearne Street right-of-way described herein; otherwise, this ordinance and the abandonment of Price Street authorized herein shall be void and of no force and effect. Section 9. That all ordinances or resolutions in conflict with the terms and provisions ofthis ordinance shall be and are hereby amended to be consistent with the terms and provision of this ordinance. Section 10. That this ordinance shall become effective on May 1, 2002. PASSED AND ADOPTED this 4th day of April, 2002. Michael J. Pfiester, Mayor ATTEST: Mattie Cunningham, City Clerk APPROVED AS TO FORM: Larry W. Schenk, City Attorney