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2.c.
TCEDC Agenda
Meeting Date:
06/07/2017
Title:
Submitted By:
Michelle Garcia, City Secretary
Department:
City Secretary

ACTION REQUEST (Brief Summary)

BACKGROUND

The TCEDC has the opportunity to purchase the property, located at 810 Texas Avenue, for $125,000 which is $25,000 less than appraised value. The intent is to purchase this building and to trade it for the property located at 520 5th Avenue North which is comparable in value. 

ANALYSIS

ALTERNATIVES CONSIDERED