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File #: 2017-4529   
Type: Resolution Status: Approved
File created: 6/2/2017 In control: City Council
On agenda: 6/22/2017 Final action: 6/22/2017
Title: Consider a resolution authorizing the Mayor to execute a Real Estate Contract with MFT-The Creek, LLC for the purchase of a trail easement interest totaling 0.592 acres necessary for the Brushy Creek Trail Project (Parcel 3).
Indexes: 2014 General Obligation Bonds
Attachments: 1. Resolution, 2. Exhibit A

Title

Consider a resolution authorizing the Mayor to execute a Real Estate Contract with MFT-The Creek, LLC for the purchase of a trail easement interest totaling 0.592 acres necessary for the Brushy Creek Trail Project (Parcel 3).

 

Body

This item will authorize the Mayor to execute a real estate contract with MFT-The Creek Apartments for purchase of the trail easement necessary for the Brushy Creek Trail - Georgetown St. to A.W. Grimes Blvd. 
After this aquisition, only one additional easement will be necessary to complete the ROW acquisition associated with this project.

 

This portion of the trail will consist of an 10' wide concrete trail section connecting A.W. Grimes Blvd. to Georgetown St. and will eventually connect to Heritage Trail.  This trail section has been identified as one of the highest priority trail gaps in the most recent trails master plan.

 

Cost: $55,405.00

Source of Funds: 2014 General Obligation Bonds