City of Round Rock - File #: 2015-2491

• File #: 2015-2491
• Type: Resolution
• Status: Passed
• File created: 5/7/2015
• In control: City Council
• On agenda: 5/28/2015
• Final action: 5/28/2015
• Title: Consider a resolution authorizing the Mayor to execute a Contract for Purchase and Sale with HRT Properties of Texas, Ltd. for the purchase of right of way necessary for the University Boulevard Widening Project (Parcels 19 and 20).
• Indexes: RR Transportation and Economic Development Corporation (Type B)

Date	Ver.	Action By	Action	Result
5/28/2015	1	City Council	approve	Pass

Title

Consider a resolution authorizing the Mayor to execute a Contract for Purchase and Sale with HRT Properties of Texas, Ltd. for the purchase of right of way necessary for the University Boulevard Widening Project (Parcels 19 and 20).

Body

The purchase price is equal to the City's appraised value for the property to be acquired.

Cost: $159,502.00

Source of Funds:  Type B Corporation

Recommended Action

Staff recommends approval.