Title
Resolution - A Resolution of the City Council of the City of Mansfield, Texas, Authorizing the Negotiation, Execution and Purchase of Approximately 3 Acres Generally Located at the Intersection of Smith Street and Depot Street, More Specifically Known as 115 Depot Street, 217 Smith Street, and 219 Smith Street, and Authorizing the Execution of any Document Necessary to Implement this Resolution; And Declaring an Effective Date
Requested Action
Authorization to negotiate, purchase, and execute any documents necessary for the purchase of land described by the title.
Recommendation
Staff recommends approval.
Description/History
Approximately 3 acres generally located at the intersection of Smith Street and Depot Street, more specifically known as 115 Depot Street, 217 Smith Street, and 219 Smith Street.
Justification
City Council seeks to continue to prioritize the development of Historic Downtown Mansfield and has identified this location as an ideal location for future development.
Funding Source
General Fund
Prepared By
Matt Jones, Assistant City Manager