File #: 17-2419    Version: 1 Name: Resolution - A Resolution Authorize the Purchase of Lots 1 & 2, Block 43 of the Hillcrest Addition in the Purchase Amount of $400,000.
Type: Resolution Status: Passed
File created: 8/9/2017 In control: City Council
On agenda: 8/14/2017 Final action: 8/14/2017
Title: Resolution - A Resolution Authorize the Purchase of Lots 1 & 2, Block 43 of the Hillcrest Addition in the Purchase Amount of $400,000.
Sponsors: Shelly Lanners
Attachments: 1. Resolution

Title

Resolution - A Resolution Authorize the Purchase of Lots 1 & 2, Block 43 of the Hillcrest Addition in the Purchase Amount of $400,000.

 

Requested Action

Consider Approving Resolution

 

Recommendation

Approve Resolution

 

Description/History

The property located at 1025 E. Broad Street was recently listed for sale.  Upon direction from Council, staff negotiated the purchase of the property.

 

Justification

This property is located adjacent to City owned property and will be used for future development.

 

Funding Source

General Fund

 

Prepared By

Shelly Lanners, Deputy City Manager

Shelly.Lanners@mansfieldtexas.gov

817-276-4266