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Home My WebLink About5-27-99-10.6 - Resolution - 05/27/1999RESOLUTION NO. 5-27-99-10.6 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COLLEGE STATION, TEXAS, AUTHORIZING THE MAYOR TO EXECUTE AN AGREEMENT SUBORDINATING A LIEN TO THE FIRST BANK OF SNOOK. WHEREAS, the City of College Station, Texas, has a lien in effect against 1225 and 1227 Georgia Street in College Station; and WHEREAS, the owner of that property desires to sell the property to another purchaser; and WHEREAS, the buyer of the property understands the lien obligations and is willing to accept those program requirements; now, therefore BE IT RESOLVED by the City Council of the City of College Station, Texas: PART 1: That the City Council hereby approves and authorizes the execution of the Subordination Agreement to facilitate the sale and purchase of the above referenced property. PART 2: That this resolution shall take effect immediately from and after its passage. ADOPTED this 27th day of say ., AD, 1999. CONNIE I-i©©KS, City Secretary clLHANEY, ~ayor APPROVED: