City of Round Rock - File #: 2017-5040

• File #: 2017-5040
• Type: Resolution
• Status: Approved
• File created: 11/30/2017
• In control: City Council
• On agenda: 12/21/2017
• Final action: 12/21/2017
• Title: Consider a resolution authorizing the Mayor to execute a Real Estate Contract with Kristine Warren and James A. Warren for the purchase of a 0.218 acre tract of land and a 0.005 acre tract of land necessary for the RM 620 Right of Way Project (Parcels 14 and 14R).
• Indexes: RR Transportation and Economic Development Corporation (Type B)

Date	Ver.	Action By	Action	Result
12/21/2017	1	City Council	approve	Pass

Title

Consider a resolution authorizing the Mayor to execute a Real Estate Contract with Kristine Warren and James A. Warren for the purchase of a 0.218 acre tract of land and a 0.005 acre tract of land necessary for the RM 620 Right of Way Project (Parcels 14 and 14R).

Body

TxDoT has reviewed and approved the administrative settlement purchase price of $234,500 for the 0.218 r.o.w. parcel and house improvements required for the RM620 project. This portion of the purchase is 90% reimbursable by TxDoT. CORR is agreeing to purchase the 0.005 acre uneconomic remainder parcel for $500, which is not reimbursable.

Cost: $235,000.00

Source of Funds: RR Transportation and Economic Development Corporation