Print Reading Mode Back to Calendar Return
			6.e.
TCEDC Agenda
Meeting Date: 11/15/2023   Consider approval of purchase of property located within the Industrial Business District (GCAD 225427). Submitted For: Kristin Edwards Submitted By: Kristin Edwards, Economic Development Department: Economic Development
ACTION REQUEST (Brief Summary)
Consider approval of purchase of property located within the Industrial Business District (GCAD 225427).
BACKGROUND
The Texas City Economic Development Corporation has historically purchased property located in the Industrial Business District – which cannot be used for residential or general retail purposes - to support Light Industrial use. TCEDC staff has been approached by landowner Wade Cuomo, who owns a piece of property located near the intersection of 2nd Avenue S. and 10th Street S., within the IBD. The property is listed by the Galveston County Appraisal District as ID# 225427, and it is .14 acres, or 6,098.4 square feet in size. Staff made a conditional offer to purchase the property at a rate of $2.45/square foot, calculating to $14,941.08 total, contingent upon approval by the EDC.
ANALYSIS
Approve the purchase of property located within the Industrial Business District further described in GCAD as ID 225427.
ALTERNATIVES CONSIDERED
LEGAL ONLY
29
Attachments IBD property purchase - 225427 Resolution

AgendaQuick ©2005 - 2025 Destiny Software Inc. All Rights Reserved.