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7.a.
TCEDC Agenda
Meeting Date:
04/03/2024
Resolution Authorizing Sale of 1,499 Sq. Ft. of property for a Drainage Easement to Binnacle Texas City 51 LLC
Submitted For:
Jon Branson
Submitted By:
Jon Branson, Management Services
Department:
Management Services
ACTION REQUEST (Brief Summary)
Consider approval of Resolution No. 2024-09, authorizing the sale of 1,499 Sq. Ft. of property for a drainage easement to Binnacle Texas City 51 LLC.
BACKGROUND
Binnacle Texas City 51 LLC., has approached staff regarding their desire to purchase 1,499 Sq. Ft., of property from the Texas City Economic Development Corporation for the purpose of a drainage easement to further the development of the Brookwater Subdivision as described in Exhibit "A" attached.
ANALYSIS
Staff recommends consideration of the request from Binnacle Development LLC., to sell approximately 1,499 Sq. Ft., of Texas City Economic Development Corporation property to Binnacle Texas City 51 LLC., for the purpose of a drainage easement for the Brookwater Subdivision.
ALTERNATIVES CONSIDERED
Attachments
Exhibit "A" Drainage Easement
Resolution
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