City of Round Rock - File #: 2022-191

• File #: 2022-191
• Type: Resolution
• Status: Approved
• File created: 5/10/2022
• In control: City Council
• On agenda: 5/26/2022
• Final action: 5/26/2022
• Title: Consider a resolution authorizing the Mayor to execute a Real Estate Contract with Siena Municipal Utility District No. 1 for the purchase of a 3.235 acre parcel required for construction of the proposed Old Settlers Blvd. roadway extension.
• Indexes: RR Transportation and Economic Development Corporation (Type B)

Date	Ver.	Action By	Action	Result
5/26/2022	1	City Council	approve	Pass

Title

Consider a resolution authorizing the Mayor to execute a Real Estate Contract with Siena Municipal Utility District No. 1 for the purchase of a 3.235 acre parcel required for construction of the proposed Old Settlers Blvd. roadway extension.

Body

The Old Settlers Blvd. extension project was approved by City Council to move forward as a part of the city's Transportation Master Plan. The engineering firm of Aguirre & Fields, LP was assigned this project in 2020. Since that time, preliminary design has been accomplished, multiple public meetings have been held and the purchasing of right of way for the roadway footprint has begun. This request is for the purchase of 3.235 acres of land from the Siena Municipal Utility District No. 1 (Siena MUD). The appraisal and negotiations have been completed and the fair market value sales price of this tract has been determined to be $273,000.00.

Cost: $273,000

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