City of Round Rock - File #: 2018-5755

• File #: 2018-5755
• Type: Resolution
• Status: Approved
• File created: 8/2/2018
• In control: City Council
• On agenda: 8/23/2018
• Final action: 8/23/2018
• Title: Consider a resolution authorizing the Mayor to execute a Real Estate Contract with Robinson Land Limited Partnership, et al. for the purchase of a 0.158-acre parcel of land in fee simple and a 0.123-acre Public Utility Easement necessary for the RM 620 Right of Way Project (Parcel 1 and Parcel 1 PUE).
• Indexes: RR Transportation and Economic Development Corporation (Type B)

Date	Ver.	Action By	Action	Result
8/23/2018	1	City Council	approve	Pass

Title

Consider a resolution authorizing the Mayor to execute a Real Estate Contract with Robinson Land Limited Partnership, et al. for the purchase of a 0.158-acre parcel of land in fee simple and a 0.123-acre Public Utility Easement necessary for the RM 620 Right of Way Project (Parcel 1 and Parcel 1 PUE).

Body

The portion of the total purchase price allocated to the fee simple r.o.w. parcel is $69,414, which is 90% reimbursable by TxDoT as part of the RM620 construction project. The portion of the total purchase price allocated to the public utility easement acquisition is $12,894, and is not reimbursable by TxDoT.

Cost: $82,308.00

Source of Funds: RR Transportation and Economic Development Corporation