AGENDA CAPTION:
Title
Consider approval of Resolution 2023-94R, approving a contract with First United Methodist Church of San Marcos for the purchase of approximately 0.23 of an acre (10,163 square feet) for public right of way and the fee simple purchase of 0.10 acre (4,346 square feet), as detailed in exhibit "A" attached hereto and incorporated herein for all purposes, near the intersection of North Guadalupe Street and University Drive at a price of $900,439.00, plus related closing costs; authorizing the City Manager, or her designee, to execute said contract and all closing documents related to such purchase on behalf of the city; and declaring an effective date.
Body
Meeting date: May 16, 2023
Department: Engineering & CIP and SMTX Utilities
Amount & Source of Funding
Funds Required: $900,439.00 Plus Closing Costs ~ Electric: $370,000.0 / WWW: $265,219.50 / General: $132,609.75 / Drainage: $132,609.75
Account Number: Electric: 51538112-70200 / WWW: 52036369 -70200 - BUA In Process / General: 50036369-70200 - BUA In Process / Drainage: TBD - 51036312-70200
Funds Available: Electric: $750,000 / WWW: $265,219.50 / General: $132,609.75 / Drainage: $132,609.75
Account Name: Electric: C825 (PCR Building at Pat Garrison) & WWW/General/Drainage: C372 (Pat Garrison Imps)
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