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AI- 18155
8.D.
CC CONSENT
Meeting Date:
10/27/2009
Submitted For:
Marty Salazar
Submitted By:
Gricelda Villarreal, PURCHASING DEPT.
Department:
PURCHASING DEPT.

CAPTION

Consideration, discussion and applicable action including, but not limited to the following:

Pursuant to the Texas Natural Resources Code Chapter 71, Lease of Land for Mineral Development, Sub-chapter A: 

1.     Article 71.004-Public Notice and Hearing to consider "Lease of Land for Mineral Development" the following described parcel of land; property owned by Hidalgo County and as described as: 

                "0.68 ACRES OF LAND, MORE OR LESS, A PART OF FARM TRACT 522, WEST TRACT SUBDIVISION, HIDALGO COUNTY, TEXAS;  SAID 0.68 ACRES, MORE OR LESS, BEING THE SAME LANDS DESCRIBED IN A WARRANTY DEED DATED SEPTEMBER 1, 1989, FROM SANTOS VARGAS, CONCEPCION VARGAS AND JULIA VARGAS TO HDIALGO COUNTY, TEXAS, TRUSTEE, RECORDED IN VOLUME 956, AT PAGE 6 OF THE DEED RECORDS, HIDALGO COUNTY, TEXAS" and as further described in Exhibit "A" attached hereto.;

2.      Under Article 71.005 - Requesting authority to Publish "Notice of Intention by Hidaglo County to Lease Land for Mineral Developement" more particularly the property referenced and described in the item above and herein.     

BACKGROUND


Fiscal Impact

FISCAL YEAR:
2009
ACCT. #:
9-1100-362-20-000-000-0-000
FUNDS AVAILABLE Y/N?:
Y
MATCHING FUNDS Y/N?:

BUDGETARY IMPACT:

Revenues to be received due to mineral royalties. County is owner and/or trustee for other entities of property. Please refer to attached supporting documentation.


FISCAL YEAR:
2009
ACCT. #:
9-1100-415-18-160-001-0-540
FUNDS AVAILABLE Y/N?:
Y
MATCHING FUNDS Y/N?:

BUDGETARY IMPACT:

Available balance as of 10-23-09 $2,461.79

Attachments

Form Review

Inbox Reviewed By Date
Purchasing / Internal msalazar 10/22/2009 02:35 PM
Budget and Management Erika Zamora 10/22/2009 03:27 PM
Auditor's Office 10/23/2009 05:26 PM
Form Started By:
gvillarreal
Started On:
10/21/2009 04:28 PM
Final Approval Date:
10/23/2009