2.f.
TCEDC Agenda
- Meeting Date:
- 08/16/2017
- Title:
- Submitted By:
- James Hartshorn, City Secretary
- Department:
- City Secretary
ACTION REQUEST (Brief Summary)
Consider and take action on Resolution No. 17-20, ratifying purchase of the property located at 522 4th Avenue North.
BACKGROUND
It is proposed that the TCEDC ratifies the purchase of the vacant lot located at 522 4th Avenue North, legally described as TEXAS CITY, BLOCK 142, S 50 FT of LOT 6 (6-2). The City of Texas City and the TCEDC own all of the adjacent lots. It was only recently brought to our attention that we did not already own this lot which we have maintained for many years. The total cost to purchase the property and to pay closing costs and taxes owed was $3,459.86.