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File #: 2020-0089   
Type: Resolution Status: Approved
File created: 3/20/2020 In control: City Council
On agenda: 4/9/2020 Final action: 4/9/2020
Title: Consider a resolution authorizing the Mayor to execute a Real Estate Contract with Weingarten Realty Investors for the purchase of a 0.231-acre parcel required for the construction of Gattis School Road (Phase 3).
Indexes: RR Transportation and Economic Development Corporation (Type B)
Attachments: 1. Resolution, 2. Exhibit A, 3. Maps

Title

Consider a resolution authorizing the Mayor to execute a Real Estate Contract with Weingarten Realty Investors for the purchase of a 0.231-acre parcel required for the construction of Gattis School Road (Phase 3).

 

Body

The proposed contract purchase price is equal to the City's appraised value for the parcel acquisition (Parcel 11).

 

 

Cost: $182,365.00

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