2024-R-215
Resolution of the City Council of the City of Laredo, Texas, to execute all necessary documents for the purchase of the “surface only” of a 5.5-acre tract (239,580 square feet), more or less, situated within Buena Vista Ranch Land Development Co., LLC, Cuatro Vientos South, Ltd Sur, no. 35, J.M. Diaz, A-546 Webb County, for the sum of $1,890,000.00. The City agrees to cover fifty percent of the closing costs, estimated at $4,000.00, with Cuatro Vientos South Ltd., being more particularly described and depicted in the attached exhibit “A”. Funding is available in the 2022 Certificate of Obligation Bond. Providing for an effective date.
- Committee
- City Council
- Requested by
- Community Development
- Introduced
- July 3, 2024
- On agenda
- July 22, 2024
- Passed
- July 22, 2024