City of Round Rock - File #: 2023-044

• File #: 2023-044
• Type: Resolution
• Status: Approved
• File created: 1/23/2023
• In control: City Council
• On agenda: 2/9/2023
• Final action: 2/9/2023
• Title: Consider a resolution authorizing the Mayor to execute a Real Estate Contract with Martin A. and Debra A. Kreczmer for the purchase of a 0.138 acre parcel required for construction of the proposed Red Bud South roadway project.
• Indexes: RR Transportation and Economic Development Corporation (Type B)

Date	Ver.	Action By	Action	Result
2/9/2023	1	City Council	approve	Pass

Title

Consider a resolution authorizing the Mayor to execute a Real Estate Contract with Martin A. and Debra A. Kreczmer for the purchase of a 0.138 acre parcel required for construction of the proposed Red Bud South roadway project.

Body

The original City appraised value for this acquisition was $44,153 ($42,653 land + $1,500 improvements). The contract purchase price of $53,159 was negotiated by Legal and reviewed with and recommended by Transportation based on land unit values previously approved for adjacent parcels. (Parcel 6)

Cost: $53,159.00

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