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			6.e.
TCEDC Agenda
Meeting Date: 10/16/2024   Authorizing the purchase of property identified at G-CAD ID 225081 & 225082 Submitted For: Jon Branson Submitted By: Jon Branson, Management Services Department: Management Services
ACTION REQUEST (Brief Summary)
Approval of a Resolution Authorizing the purchase of property identified as G-CAD ID 225081 and 225082.
BACKGROUND
Property identified as G-CAD ID No., 225081 and No., 225082 is substandard and is in need of demolition.  The property is currently going through the foreclosure process due to the unsafe conditions at the site. It is anticipated this will be worked out between the owner of the property and the City of Texas City.  To that end, it is recommended the Economic Development Corporation acquire the property and demolish the substandard buildings and appurtenances.
ANALYSIS
Staff recommends approval of the purchase of property identified as G-CAD ID No., 225081 and 225082.
ALTERNATIVES CONSIDERED
Attachments CAD ID 225801 CAD ID 225802 Resolution

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