City of Round Rock - File #: 2019-0173

• File #: 2019-0173
• Type: Resolution
• Status: Approved
• File created: 4/3/2019
• In control: City Council
• On agenda: 4/25/2019
• Final action: 4/25/2019
• Title: Consider a resolution authorizing the Mayor to execute a Real Estate Contract with JOMR, LLC to purchase a 0.066-acre tract of right-of-way required for construction of the proposed Gattis School Road Phase 6 Project (Parcel 22).
• Indexes: RR Transportation and Economic Development Corporation (Type B)

Date	Ver.	Action By	Action	Result
4/25/2019	1	City Council	approve	Pass

Title

Consider a resolution authorizing the Mayor to execute a Real Estate Contract with JOMR, LLC to purchase a 0.066-acre tract of right-of-way required for construction of the proposed Gattis School Road Phase 6 Project (Parcel 22).

Body

The City's original appraised value for this acquisition was $69,489. The owners submitted a counteroffer with alternate bid amounts for remainder curative costs, which were reviewed by the Transportation Department and recommended as reasonable, resulting in the current contract price of $73,460.

Cost: $73,460.00

Source of Funds: RR Transportation and Economic Development Corporation