City of Round Rock - File #: 2019-0417

• File #: 2019-0417
• Type: Resolution
• Status: Approved
• File created: 10/2/2019
• In control: City Council
• On agenda: 10/24/2019
• Final action: 10/24/2019
• Title: Consider a resolution authorizing the Mayor to execute a Real Estate Contract with BBVA USA to purchase 0.137 acre right of way required for construction of the proposed Gattis School Road Phase 6 roadway improvement Project (Parcel 18).
• Indexes: RR Transportation and Economic Development Corporation (Type B)

Date	Ver.	Action By	Action	Result
10/24/2019	1	City Council	approve	Pass

Title

Consider a resolution authorizing the Mayor to execute a Real Estate Contract with BBVA USA to purchase 0.137 acre right of way required for construction of the proposed Gattis School Road Phase 6 roadway improvement Project (Parcel 18).

Body

The property owners agreed to accept the City's appraised land value for the acquired parcel. The owner provided a contractor bid estimate for reconstruction of its impacted on-premise sign which was reviewed by Transportation and recommended for approval as part of the total purchase price.

Cost: $140,906.00

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