HomeMy WebLinkAbout07/30/1936 Meeting
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Council Chambers, Eugene, Oregon
SPECIAL COUNCIL MEETING! Julv 30. 1936
I I Pursuant to notice of Special Council M"eeting, the council was called to
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order in special session by Mayor Large at 5 ~OO 0' clock, p. ID.,. Thursday, July
30~ 1936, all councilmen present except Simon, Carlson and Harris.
Counc i lman Bond reported that, Mr. Art Ri chards has of fered the city of
Eugene, $150Q~00 for the following described property,. to-wit:
I Beginning at the intersection of the East line of
Lincoln Street with the North line of Third Street
if extended, running thence East along the North
line of Third Street 136 feet more or less to a
point 498 feet West of the West line of Olive Street
if extended, running thence South to the Oregon
and California Railroad Companyls right of way (Sou-
thern Pacific Company lessee} thence North 80 de-
. grees 10' West along said right of way to the East
line of lincoln Street, and, thence North to the
place of beginning,
I on the following terms, $200.00 down, five years to pay the bj[ance, the monthly
paymen~s and interest at the rate of 6% on the unpaid balance. Motion was made
and seconded that said offer be accepted. The city attorney was instructed to
prepare the papers and the Mayor and Recorder to execute the same. The a{?es and
and nays were called~ councilmen voting aye 5; nay, none; absent Simon, Harris
I and Carlson.
I The meeting was adjourned. C. M. Bryan,
City Recorder.
I The following resolution was passed.
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I RES 0 L UTI 0 N
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I WHEREA S , the City of Eugene owns the following described real estate, to-wit:
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Beginning at the intersection of the East line or
Lincoln Street with the North line of Third Street,
if extended, running thence East along the North
line of Third Street 136 feet more or less to a
point 498 feet West of the ~est line of Olive Street,
if extended, running thence South to the Oregon
/ and California Railroad Company's right of way
/ (Southern Pacific Company lessee) thence North
( 80 degrees 101 West along said right of way to the
East line of Lincoln Street and thence North to
I the place of beginning.
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.' which is property adjacent to and a part of the old City barn property, municipal
I use of which has been abandoned, the city now occupying and using property at the
I foot of 01 i ve Street, and
I WHEREAS, the property being of no further value for municipal uses, the City
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of Eugene has caused the same to be appraised and a valuation placed upon it, which
valuation so fixed is $1500.00, and
WHEREAS, negotiations have been made for the sale of the same
I Therefore
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BE IT RESOLVED By the Common Council of the City of Eugene, that the follow-
ing described property, to-wit:-
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I Beginning at the intersection of the East line of
Lincoln Street with the North line of third Street,
I ir extended, running thence East along the North
line of Third Street 136 feet illore,oP less to a
\ point 498 feet West of the West line of Olive Street,
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) , if extended, running thence South to the Oregon
.~ and California Railroad Company's right or way
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(Southern Pacific Company lessee) thence North
I 80 degrees lOt West along said Right of way to I
the East line of Lincoln Street and thence North
to the place of beginning.
.> ,",,-
,<:0;' be and the same is hereby sold under contract to Art Richards at a purchase price
of $1500.00 to be paid $200.00 down at the execution of the contract, and the re-
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f'" .~'" mainder in equal monthly payments of the principal, to which payments shall be
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added monthly the interest on all deferred payments at 6% per annum, and the Mayor
and City Recorder be and they are hereby authorized and directed to enter into a
contract with the said Art Richards and to place him in possession of said premise ,
said contract to be the ordinary land sale contract with provisions for foreclosure .
I in case of default.
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