|
|
File #:
|
2024-R-081
Version:
1
|
|
|
|
Type:
|
Resolution
|
Status:
|
Passed
|
|
On agenda:
|
2/20/2024
|
Final action:
|
2/20/2024
|
|
Title:
|
Authorizing the City Manager to accept a charitable donation in an estimated amount of $16,330,495.00, for three parcels from the N.D. Hachar trusts, Falcon International Bank, trustee; Lilia Hachar; The Estate of Daniel Dexter Hachar; David A. Hachar; George l. Hachar, Jr. and Louis A. Lavaude, co-trustees of the N. David Hachar Estate Trust, being (1) 2.643-acre tract (115,116 square feet) parcel of land located in the Santiago Sanchez Porcion number 12, Abstract 278, Webb County, Texas, being all out of a called 2.610-acre tract of land, also known as tract "A,", (2) 241.81-acre tract (10,533,370 square feet) parcel of land, comprised of two parts, both located in the Santiago Sanchez Porcion number 12, abstract 278, Webb County, Texas, being out of the residue of a called 6,132.06-acre tract, (3) 18.49-acre (805,225 square feet) parcel of land located in the Santiago Sanchez Porcion number 12, Abstract 278, Webb County, Texas, being a part of a called 31.16-acre tract, also known ...
|
SUBJECT
title
Authorizing the City Manager to accept a charitable donation in an estimated amount of $16,330,495.00, for three parcels from the N.D. Hachar trusts, Falcon International Bank, trustee; Lilia Hachar; The Estate of Daniel Dexter Hachar; David A. Hachar; George l. Hachar, Jr. and Louis A. Lavaude, co-trustees of the N. David Hachar Estate Trust, being (1) 2.643-acre tract (115,116 square feet) parcel of land located in the Santiago Sanchez Porcion number 12, Abstract 278, Webb County, Texas, being all out of a called 2.610-acre tract of land, also known as tract "A,", (2) 241.81-acre tract (10,533,370 square feet) parcel of land, comprised of two parts, both located in the Santiago Sanchez Porcion number 12, abstract 278, Webb County, Texas, being out of the residue of a called 6,132.06-acre tract, (3) 18.49-acre (805,225 square feet) parcel of land located in the Santiago Sanchez Porcion number 12, Abstract 278, Webb County, Texas, being a part of a called 31.16-acre tract, also known as tract “A”, being more particularly described and depicted in the attached exhibit “A”. The City will pay for closing cost and damages from the Capital Improvement Fund. Providing for an effective date.
body
PREVIOUS COUNCIL ACTION
Executive item 24-0259 to discuss acquisition of parcels for a proposed road designated as SH 84 and any matters incident thereto was approved.
BACKGROUND
The City of Laredo is partnering with the Texas Department of Transportation for the development of State Highway 84, stretching from FM 1472 to IH 35. This project aims to alleviate traffic congestion and improve mobility. As per the Affordable Funding Agreement (AFA), the City of Laredo will bear 100% responsibility for the Right-of-way.
COMMITTEE RECOMMENDATION
N/A
STAFF RECOMMENDATION
recommendation
Staff recommends the approval of this resolution
end
Fiscal Impact
Fiscal Year: 2024
Budgeted Y/N?: Yes
Source of Funds: Capital Improvement Fund
Account #: 402-4310-535-9101
Change Order: Exceeds 25% Y/N: N/A
FINANCIAL IMPACT:
402-4310-535-9101 Project HACH5L.
|