City of Round Rock - File #: 2019-0021

• File #: 2019-0021
• Type: Resolution
• Status: Approved
• File created: 12/20/2018
• In control: City Council
• On agenda: 1/10/2019
• Final action: 1/10/2019
• Title: Consider a resolution authorizing the Mayor to execute a Real Estate Contract with Lloyd Rodenbeck, Jr. and Angela Rodenbeck n/k/a Angela Mandell to purchase right of way for the Kenney Fort Boulevard construction Project (Parcel 11).
• Indexes: RR Transportation and Economic Development Corporation (Type B)

Date	Ver.	Action By	Action	Result
1/10/2019	1	City Council	approve	Pass

Title

Consider a resolution authorizing the Mayor to execute a Real Estate Contract with Lloyd Rodenbeck, Jr. and Angela Rodenbeck n/k/a Angela Mandell to purchase right of way for the Kenney Fort Boulevard construction Project (Parcel 11).

Body

The City's original appraised value for the r.o.w. acquisition was $101,582 ($5.50/SF). The owner's counteroffer and proposed contract amount of $110,814 ($6.00/SF) was recommended by the Transportation Director and is within a reasonable range of unit values that the council has previously approved for this Project.

Cost: $110,814.00

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