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Public Hearing - Re: Commissioner Keigher - County Attorney - To Authorize the Purchase of Multiple Parcels for the Apple Creek Business Park Project
1. Receive Citizen Comment
2. Accept Motion to Approve
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STAFF CONTACT
Charles Moore - County Attorney
BUDGET IMPACT
budget
Appropriate approximately $8.3 million in the FY 2018-19 budget for purchase money.
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BUDGET ORDINANCE IMPACT
Adjust FY 2019 budget ordinance by increasing expenditures approximately $8.3 million. In addition, increase budget ordinance for debt service for site preparation work. Financing scheduled to occur in October, 2018.
BACKGROUND
Approve the proposal to purchase the following:
|
Parcel |
Name |
Acres |
Price |
|
170889 |
Lynn |
6.16 |
$234,000.00 |
|
*170426 |
Craig |
2.23 |
$44,600.00 |
|
219200 |
Freeman |
0.35 |
$20,000.00 |
|
170788 |
Lynn |
40.03 |
$845,575.00 |
|
170271 |
Wiggins |
0.93 |
$240,000.00 |
|
170405 |
L & S Properties, LLC |
4.83 |
$127,659.58 |
|
170790 |
Ratchford |
21.19 |
$449,228.00 |
|
170270/170419-20 |
RKC Dallas, LLC/HCF Dallas, LLC |
14.83 |
$552,417.50 |
|
170418 |
Thomas/Foley |
11.83 |
$377,553.15 |
|
213893 |
Stewart Trust |
28.97 |
$924,548.58 |
|
170432 |
Dutterer |
18.66 |
$985,106.00 |
*The County Attorney advised that Parcel 170426 (Craig Property) will be excluded from the purchase unless an acceptable adjustment to the purchase price is received due to the discovery of a conservation easement attached to the property.
POLICY IMPACT
N/A
ATTACHMENTS
Contract Summary and Map