City of Round Rock - File #: 2022-380

• File #: 2022-380
• Type: Resolution
• Status: Approved
• File created: 11/2/2022
• In control: City Council
• On agenda: 11/17/2022
• Final action: 11/17/2022
• Title: Consider a resolution authorizing the Mayor to execute a Real Estate Contract with KRG Round Rock Forest Commons, LLC for the purchase of a 0.083 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
11/17/2022	1	City Council	approve	Pass

Title

Consider a resolution authorizing the Mayor to execute a Real Estate Contract with KRG Round Rock Forest Commons, LLC for the purchase of a 0.083 acre parcel required for construction of the proposed Red Bud South roadway project.

Body

The proposed contract purchase price of $84,282 ($54,900 land + $29,382 improvements) is equal to the City's appraised value for this parcel acquisition. (Parcel 4)

Cost: $84,282.00

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