File #: M&C 21-0672    Version: 1 Name:
Type: Land - Report of CM Status: Passed
File created: 9/9/2021 In control: CITY COUNCIL
On agenda: 9/14/2021 Final action: 9/14/2021
Title: (CD 6) Authorize the Acquisition of a Fee Simple Interest in Approximately 270 Acres of Land Located at 4850 Highway 1187 from Conglomerate Gas II, L.P., Crestview Farm 250, L.P. and ShennaCo Holdings, LLC in the Amount of $25,000.00 per Acre for an Estimated Total Purchase Price of $6,750,000.00, Pay One-Half of the Estimated Closing Costs in an Amount Up to $70,000.00, Accept the Donation of Approximately Five and One-Half Acres of Additional Land from Conglomerate Gas II, L.P. and an In-Kind Donation Valued at $68,500.00 from ShennaCo Holdings LLC, Dedicate the Property as Parkland to be Known as Rock Creek Ranch Park, Adopt the Attached Appropriation Ordinances, and Amend the Fiscal Year 2021-2025 Capital Improvement Program (2018 Bond Program)
Attachments: 1. M&C 21-0672, 2. M C 21 Exhibit A - Rock Creek Ranch - PARD.pdf, 3. 214850_HIGHWAY_1187_30110_AO21(r8).pdf, 4. 214850 HIGHWAY 1187_33005_AO21(r7).pdf, 5. 214850 HIGHWAY 1187_34018_AO21(r6).pdf