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File #: 2017-4638   
Type: Resolution Status: Approved
File created: 7/12/2017 In control: City Council
On agenda: 7/27/2017 Final action: 7/27/2017
Title: Consider a resolution authorizing the Mayor to execute a Real Estate Contract between the City of Round Rock and the Upper Brushy Creek Water Control Improvement District (WCID) for the sale of 2.539 acres of land located at the NE intersection of Greenhill Drive and Texas Avenue.
Attachments: 1. Resolution, 2. Exhibit A

Title

Consider a resolution authorizing the Mayor to execute a Real Estate Contract between the City of Round Rock and the Upper Brushy Creek Water Control Improvement District (WCID) for the sale of 2.539 acres of land located at the NE intersection of Greenhill Drive and Texas Avenue.

 

Body

The City of Round Rock previously purchased a right-of-way parcel for construction of Texas Avenue which bisected a 6.6 acre platted lot owned by Kuo.  Because there were questions about the existence and amount of damage to the northern remainder, the City agreed to purchase the 2.539 acre remainder parcel at the same unit value ($4.20/sf) as the right of way parcel.  The Upper Brushy Creek WCID expressed interest in purchasing the 2.539 acre remainder for construction of their office.  This contract proposes to sell the 2.539 acre tract, now a platted lot upon replace, to the WCID at the same $4.20/sf unit price.  Since the proposed roadway is over the Edwards Aquifer, it appears that the City will need to use a portion along the eastern boundary of the remainder tract for drainage and/or water quality facilities.  This may overlap with where the District needs to put its own detention/water quality facility, and so discussions emerged regarding options for constructing and sharing the drainage facilities.  A separate ILA document for that construction maintenance is being submitted for approval as well.