City of Round Rock - File #: 2019-0082

• File #: 2019-0082
• Type: Resolution
• Status: Approved
• File created: 1/18/2019
• In control: City Council
• On agenda: 2/14/2019
• Final action: 2/14/2019
• Title: Consider a resolution authorizing the Mayor to execute a Real Estate Contract with Faith Baptist Church of Round Rock Texas, Inc. to purchase a 0.260-acre tract of right-of-way required for construction of the proposed Gattis School Road Phase 6 Construction Project (Parcel 11).
• Indexes: RR Transportation and Economic Development Corporation (Type B)

Date	Ver.	Action By	Action	Result
2/14/2019	1	City Council	approve	Pass

Title

Consider a resolution authorizing the Mayor to execute a Real Estate Contract with Faith Baptist Church of Round Rock Texas, Inc. to purchase a 0.260-acre tract of right-of-way required for construction of the proposed Gattis School Road Phase 6 Construction Project (Parcel 11).

Body

The City's original appraised value for this parcel acquisition was $84,838. The landowners presented a counteroffer demand of $105,500 which was reviewed with, and recommended for approval by, the Transportation Director.

Cost: $105,500.00

Source of Funds: RR Transportation and Economic Development Corporation (Type B)