City of Round Rock - File #: 2023-171

• File #: 2023-171
• Type: Resolution
• Status: Approved
• File created: 5/22/2023
• In control: City Council
• On agenda: 6/8/2023
• Final action: 6/8/2023
• Title: Consider a resolution authorizing the Mayor to execute a Real Estate Contract with Palm Valley Lutheran Church for the purchase of a 1.2319 acre parcel required for construction of the proposed Joe DiMaggio Extension roadway project.
• Indexes: RR Transportation and Economic Development Corporation (Type B)

Date	Ver.	Action By	Action	Result
6/8/2023	1	City Council

Title

Consider a resolution authorizing the Mayor to execute a Real Estate Contract with Palm Valley Lutheran Church for the purchase of a 1.2319 acre parcel required for construction of the proposed Joe DiMaggio Extension roadway project.

Body

The City's original appraised value for the acquisition was $794,198. The final contract purchase price of $831,761 was reviewed with and approved by the Transportation Department after additional negotiation with the owner.

Cost: $831,761.00

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