AI- 32852
Precinct #4 16.A.
CC REGULAR
- Meeting Date:
- 06/26/2012
- Department Head:
- Sergio Cruz
- Submitted By:
- Dale Kennan, BUDGET & MANAGEMENT
- Department:
- BUDGET & MANAGEMENT
Information
CAPTION
1. Discussion, consideration and approval to surplus improvements ($ 0.00 value) located on 2 tracts of land totaling 8.76 acres out of lot (15) fifteen, section 245 of the Texas-Mexican Railway survey of land for the purpose of disposition to another political subdivision.
2. Discussion, consideration and approval to surplus 2 tracts of land totaling 8.76 acres out of lot (15) fifteen, section 245 of the Texas-Mexican Railway survey of land for the purpose of disposition to another political subdivision. (appraised value $385,596.00)
2. Discussion, consideration and approval of an Interlocal Cooperation Agreement Between Hidalgo County Drainage District #1 and the County of Hidalgo for the sale and purchase terms of tract #1 (exhibit A) and Tract #3 (exhibit B) to Hidalgo County Drainage District #1 made payable by funds of the Drainage District for a total of $385,596.00.
2. Discussion, consideration and approval to surplus 2 tracts of land totaling 8.76 acres out of lot (15) fifteen, section 245 of the Texas-Mexican Railway survey of land for the purpose of disposition to another political subdivision. (appraised value $385,596.00)
2. Discussion, consideration and approval of an Interlocal Cooperation Agreement Between Hidalgo County Drainage District #1 and the County of Hidalgo for the sale and purchase terms of tract #1 (exhibit A) and Tract #3 (exhibit B) to Hidalgo County Drainage District #1 made payable by funds of the Drainage District for a total of $385,596.00.
BACKGROUND
LOCATION: 1105 N. Doolittle Road, Edinburg, Texas (3 tracts of land containing 12.25 acres out of lot Fifteen (15), Section 245 of the Texas-Mexican Railway Company's Survey of lands in Hidalgo County to Hidalgo, TX)
Current Purchase in 2012
Tract 1 5.43 Acres Appraised value: $295,663.00 Appraisal Date: 04/10/12
Tract 3 3.33 Acres Appraised value: $ 89,933.00 Appraisal Date: 04/10/12
Totaling in 2012 to: $385,596.00
Future Purchase in 2013
Tract 2 3.49 Acres Appraised value: $190,030.00 Appraisal Date: 04/10/12
Grand Total for 2012 & 2013: $575,626.00
The Drainage District will be purchasing Tract 1 and Tract 3 in 2012 for a total purchase price of 385,596. Tract 2 will be purchased in 2013 for a total purchase price of $190,030
Ref. AI#31803 approved through DD CC 04/10/12
Current Purchase in 2012
Tract 1 5.43 Acres Appraised value: $295,663.00 Appraisal Date: 04/10/12
Tract 3 3.33 Acres Appraised value: $ 89,933.00 Appraisal Date: 04/10/12
Totaling in 2012 to: $385,596.00
Future Purchase in 2013
Tract 2 3.49 Acres Appraised value: $190,030.00 Appraisal Date: 04/10/12
Grand Total for 2012 & 2013: $575,626.00
The Drainage District will be purchasing Tract 1 and Tract 3 in 2012 for a total purchase price of 385,596. Tract 2 will be purchased in 2013 for a total purchase price of $190,030
Ref. AI#31803 approved through DD CC 04/10/12
Fiscal Impact
Attachments
- revised
- surplus improvements
- Legal Counsel
- Metes & Bounds for Tract 1
- Metes & Bounds for Tract 2 & 3
- LEONEL APPRAISAL 4-10-12 PCT#4
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| Budget and Management | mmunoz | 06/15/2012 02:49 PM |
| Auditor's Office | aduran | 06/22/2012 02:04 PM |
| Dina Trevino | mmunoz | 06/22/2012 03:27 PM |
| Purchasing / Internal | Monica Salinas | 06/22/2012 04:26 PM |
- Form Started By:
- dkennan
- Started On:
- 06/15/2012 11:47 AM
- Final Approval Date:
- 06/22/2012