SUBJECT
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A resolution of the city council of the City of Laredo, Texas, authorizing the City Manager to execute all necessary documents to purchase the “surface only” of a 27,884.99 square-foot parcel, more or less, located at 13102 Riverbank Drive, from The Three Lesser Lights, LLC, for the purchase price of $210,800.00; providing that the City shall pay fifty percent (50%) of the estimated closing costs in the amount of $4,000.00; said property being more particularly described and depicted in Exhibit “A” attached hereto and incorporated herein; and providing for an effective date. Funding is available in the 2025 Tax Note account.
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PREVIOUS COUNCIL ACTION
N/A
BACKGROUND
Level of Alignment: Moderate.
Supporting Goal(s)/Policy(ies)
Goal 4.2 - “Support infrastructure investments that encourage orderly growth and economic development.” (Viva Laredo Comprehensive Plan, p. 4.14)
Relevance: Acquisition of land for municipal use supports long-term infrastructure planning and orderly growth. Although the specific municipal use is not identified, securing strategically located property enables future public facilities or infrastructure improvements consistent with planned development patterns.
Policy 4.2.3 - “Ensure that adequate public facilities and services are available to support existing and future development.” (Viva Laredo Comprehensive Plan, p. 4.16)
Relevance: Purchasing property for municipal purposes contributes to the City’s ability to provide services and facilities necessary to meet community needs as development expands.
Goal 6.1 - “Protect the long-term viability of Laredo’s natural resources, including water rights, wildlife habitats, and open spaces.” (Viva Laredo Comprehensive Plan, p. 6.18)
Relevance: If the Riverbank Drive parcel is associated with floodplain, riparian, or environmentally sensitive areas (as the name suggests), municipal acquisition may provide opportunities for stewardship, drainage management, or environmental protection consistent with natural resource preservation objectives.
3. Summary of Alignment
The resolution moderately aligns with the Viva Laredo Comprehensive Plan. While the action is primarily a land acquisition for unspecified municipal use, it supports broader Plan goals related to infrastructure planning and orderly growth under Goal 4.2 and Policy 4.2.3.
Because the specific intended municipal function of the property is not defined in the resolution, the degree of direct policy implementation cannot be fully determined. However, municipal land banking and strategic acquisition practices are consistent with long-term service delivery, infrastructure coordination, and sustainable growth planning themes identified in the Plan.
COMMITTEE RECOMMENDATION
N/A
STAFF RECOMMENDATION
recommendation
Staff recommends the approval of this Resolution
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Fiscal Impact
Fiscal Year: 2026
Budgeted Y/N?: Y
Source of Funds: 2025 Tax Note
Account #: 479-2210-515-9301
Change Order: Exceeds 25% Y/N: N/A
FINANCIAL IMPACT:
Purchase will be accounted in 2025 Tax Note 479-2210-515-9301 (SP2607)