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AI- 11144
12.A.
CC REGULAR
Meeting Date:
09/16/2008
Submitted For:
Joe Pena
Submitted By:
Sandra Garcia, RIGHT OF WAY DEPT.
Department:

CAPTION

Presentation for discussion, consideration, acceptance and approval of Earnest Money Contract to purchase Lot 229 for the Precinct 2 Administrative Office with authority for County Auditor to review and complete processing procedures and for County Treasurer to issue manual check in the amount of $1,000.00 to Valley Land & Title Company as Earnest Money Deposit.

BACKGROUND

Unimproved Property Lot 229   Purchase Price $426,250.00


Fiscal Impact

FISCAL YEAR:
2008
ACCT. #:
8-1334-431-00-122-021-0-719
FUNDS AVAILABLE Y/N?:
Y
MATCHING FUNDS Y/N?:
N

BUDGETARY IMPACT:

Available balance as of 9-12-08 $235,000.00

There will be an interdepartmental transfer for $225,000.00 on 9-23-08 Commissioners Court to cover the remaining $191,250.
9-23-08 Interdept. transfer will be as follow:
8-1334-441-00-340-021-0-720-->8-1334-431-00-122-021-0-719 $225,000
8-1334-441-00-340-021-0-720-->8-1334-431-00-122-021-0-720 $975,000

Attachments

Form Review

Inbox Reviewed By Date
Budget and Management Veronica Lopez 09/12/2008 07:50 AM
Auditor's Office 09/12/2008 05:38 PM
Form Started By:
Saul Garcia
Started On:
09/11/2008 04:05 PM
Final Approval Date:
09/12/2008