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File #: 2025-249   
Type: Resolution Status: Agenda Ready
File created: 9/3/2025 In control: City Council
On agenda: 9/25/2025 Final action:
Title: Consider a resolution authorizing the Mayor to execute a Real Estate Contract with North Paloma Lake Development, Inc. for the purchase of a 3.736 acre parcel required for construction of the proposed County Road 112/Kenney Fort Blvd. Roadway Project.
Indexes: RR Transportation and Economic Development Corporation (Type B)
Attachments: 1. Resolution, 2. Exhibit A, 3. NPLD(12)--CR112+KFB-S-additional r.o.w. Parcel Exhibit (HDR 7.17.25)(reduced)
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Title

Consider a resolution authorizing the Mayor to execute a Real Estate Contract with North Paloma Lake Development, Inc. for the purchase of a 3.736 acre parcel required for construction of the proposed County Road 112/Kenney Fort Blvd. Roadway Project.

 

Body

The purchase contract price was calculated using the City's original appraised unit value for the subject parent tract.

 

 

Cost: $500,000.00

Source of Funds: Round Rock Transportation and Economic Development Corporation (Type B)