/
SUBJECT
title
A resolution of the City Council of the City of Laredo, Texas, authorizing the City Manager to accept the charitable donation of approximately 49.470 acres of land, (2,155,004 sq ft) situated in the J.C. Garcia Survey, Porción no. 17, Abstract no. 52, and the J. De Bustamante Survey, Porción no. 18, abstract no. 21, Webb County, Texas, being a portion of a 44,142.45 acre tract, from Killam Ranch Properties, LTD., for Parcel 2 of the Vallecillo Road Project; said property having an appraised value of $6,180,504 and being more particularly described and depicted in the attached exhibit “A,” consisting of the legal description and survey. The execution of the donation agreement and necessary conveyance documents; and providing for an effective date.
body
PREVIOUS COUNCIL ACTION
On October 2, 2020, a motion was approved to enter into a Memorandum of Understanding (MOU) regarding the development of the Vallecillo Road Project with the Webb County–City of Laredo Regional Mobility Authority (WC-CL RMA), Killam Development, Ltd., and Killam Ranch Properties, Ltd., establishing commitments for project funding and the donation of necessary right-of-way.
BACKGROUND
The Vallecillo Road Project is a public-private partnership intended to improve mobility, alleviate traffic congestion, and support future development in northwest Laredo. The project will provide a new roadway connection between FM 1472 (Mines Road) at Muller Memorial Boulevard and the IH-35 Southbound Frontage Road.
As part of this commitment, Killam Ranch Properties, Ltd., has agreed to donate three parcels of land to the City of Laredo. Acceptance of these donations will secure the necessary right-of-way and allow the project to continue advancing toward construction.
VIVA LAREDO PLAN ALIGNMENT
Alignment Rating: Alignment Rating: ? Strong
Supporting goal(s)/policy(ies): Goal 4.1 (p. 4.77): “Create a coordinated, efficient, and more affordable multimodal transportation system that support...
Click here for full text