1. City Council
July 12, 2012

3. Approximate Land Values
• Tract 1 FM 2818 at Hwy. 21 0.58 acres
• BCAD Value: $18,950 / Appraised Value : $13,000
• Acquisition funded by Water Capital Fund
• Bid No. 12-044 (no bids received)
• Tract 2 28th Street at FM 2818 0.47 acres
• BCAD Value: $20,470 / Appraised Value: $7,450
• Acquisition funded by Water Capital Fund
• Bid No. 12-045 (no bids received)
• Tract 3 FM 2818, across from Providence 2.42 acres
• BCAD Value: $210,570 / Appraised Value: $98,000
• Acquisition funded by Water Capital Fund
• Bid No. 12-045 ($211,000 bid received)

4. Tract 3

5. Recommendation
• Approve real estate contract and authorize
staff to proceed with closing.

7. Tract 1

8. Tract 2