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City Council
July 12, 2012
Approximate Land Values
•   Tract 1       FM 2818 at Hwy. 21                    0.58 acres
    • BCAD Value: $18,950 / Appraised Value : $13,000
    • Acquisition funded by Water Capital Fund
    • Bid No. 12-044 (no bids received)

•   Tract 2       28th Street at FM 2818                0.47 acres
    • BCAD Value: $20,470 / Appraised Value: $7,450
    • Acquisition funded by Water Capital Fund
    • Bid No. 12-045 (no bids received)

•   Tract 3       FM 2818, across from Providence       2.42 acres
    • BCAD Value: $210,570 / Appraised Value: $98,000
    • Acquisition funded by Water Capital Fund
    • Bid No. 12-045 ($211,000 bid received)
Tract 3
Recommendation
•   Approve real estate contract and authorize
    staff to proceed with closing.
Tract 1
Tract 2

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Contract for Sale of City-Owned Property on Harvey Mitchell Parkway

  • 2.
  • 3. Approximate Land Values • Tract 1 FM 2818 at Hwy. 21 0.58 acres • BCAD Value: $18,950 / Appraised Value : $13,000 • Acquisition funded by Water Capital Fund • Bid No. 12-044 (no bids received) • Tract 2 28th Street at FM 2818 0.47 acres • BCAD Value: $20,470 / Appraised Value: $7,450 • Acquisition funded by Water Capital Fund • Bid No. 12-045 (no bids received) • Tract 3 FM 2818, across from Providence 2.42 acres • BCAD Value: $210,570 / Appraised Value: $98,000 • Acquisition funded by Water Capital Fund • Bid No. 12-045 ($211,000 bid received)
  • 5. Recommendation • Approve real estate contract and authorize staff to proceed with closing.
  • 6.