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AI- 70590
Purchasing Department   26.D.1.
CC AGENDA SPECIAL MTG
Prct. 3
Meeting Date:
06/06/2019
Submitted For:
Sergio Cruz
Submitted By:
Merlen P. Munoz, BUDGET & MANAGEMENT
Department:
BUDGET & MANAGEMENT

Information

CAPTION

Consideration and approval of Interlocal Cooperation Agreement between Hidalgo County and the Hidalgo County Drainage District #1 for the sale of the South Detention Basin property and related improvements with authority to remove said property and improvements from the Hidalgo County inventory/financial list after finalizing the sale.

BACKGROUND

Final draft of ILA to be uploaded by DBM once HC-DA/Civil provides.

Fiscal Impact

CALENDAR YEAR:
ACCT. #:
FUNDS AVAILABLE Y/N?:
MATCHING FUNDS Y/N?:

BUDGETARY IMPACT:

No budgetary impact - County will receive three installment payments from sale of property.

Pct 3 proceeds - $2,575,787.84 (1st Installment payment)
Co. Wide CO proceeds - $3,320,000.00 (2nd & 3rd Installment payments)

Attachments

Form Review

Inbox Reviewed By Date
Merlen P. Munoz mmunoz 05/28/2019 10:37 AM
Purchasing / Internal msalazar 05/31/2019 04:02 PM
Budget and Management Veronica Ortiz 05/31/2019 04:05 PM
Final Approval Monica Salinas 05/31/2019 05:54 PM
Form Started By:
mmunoz
Started On:
05/28/2019 10:24 AM
Final Approval Date:
05/31/2019