AGENDA CAPTION:
Title
Consider approval of Resolution 2021-89R, approving an agreement with Amber Nichols Fowler providing for the City to purchase 7.777 acres of land located at State Highway 80 and River Road for $106,000, including associated closing costs, in connection with the Blanco Riverine Flood Mitigation Project; authorizing the City Manager, or his designee, to execute said agreement and associated closing documents; and declaring an effective date.
Body
Meeting date: May 4, 2021
Department: Engineering and Capital Improvements Program Department - Laurie Moyer, Director (By Lynda Williams, Purchasing Manager)
Amount & Source of Funding
Funds Required: $106,000
Account Number: 13028132 - CDBG-DR INFRA B16MH480002 56255 BLANCORIV -INFRA -CONST
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Fiscal Note:
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Stormwater
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Background Information:
This resolution for Council approval is one of 15 acquisitions required for the Blanco Riverine CDBG-DR project. The federal acquisition requirements have been met with the appraisal, review appraisal, and acceptance by the property owner of the offer.
This property is 7.777 ac. of land located at SH80 and River Road. The property owner has agreed to donate 70% of the appraised value of the ...
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