SUBJECT
title
A Resolution of the City Council of the City of Laredo, Texas, authorizing the City Manager to execute all necessary documents to accept the donation of the surface only of future Lot 14, Block 1, (0.4248 acres), Lot 12, Block 3, (0.3455 acres), and Lot 23, Block 4, (0.4249 acres), all within Northcrest Residential Subdivision, from SKG Homes VI, LLC. Parcels have a Webb CAD value of $166,657.00. Parcels being more particularly described and depicted in the attached Exhibit “A”. Providing for an effective date.
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PREVIOUS COUNCIL ACTION
N/A
BACKGROUND
The City of Laredo will accept the post-development runoff for the development at a rate not to exceed 57.64 (cfs) cubic feet per second. The City will be responsible to maintain said parcels in the future with a total area of 1.195 acres, once the construction of Northcrest Residential Subdivision is completed and subdivision plat is recorded.
COMMITTEE RECOMMENDATION
N/A
STAFF RECOMMENDATION
recommendation
Staff recommends the approval of this resolution.
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Fiscal Impact
Fiscal Year: 2024
Budgeted Y/N?: N/A
Source of Funds: N/A
Account #: Click or tap here to enter text.
Change Order: Exceeds 25% Y/N: Click or tap here to enter text.
FINANCIAL IMPACT:
Will be accounted for in the City’s General Fixed Assets system.