Discuss, consider, and take appropriate action on the approval of an Earnest Money Contract between Cerco Development, Inc., referred to therein as Purchaser, and Williamson County, referred to therein as Seller, relating to the sale and purchase of approximately 98 acres (more or less and subject to certified survey) of real property located at 410 Blue Springs Boulevard, Georgetown, Williamson C

Staff Report & Agenda Item Details

Discuss, consider, and take appropriate action on the approval of an Earnest Money Contract between Cerco Development, Inc., referred to therein as Purchaser, and Williamson County, referred to therein as Seller, relating to the sale and purchase of approximately 98 acres (more or less and subject to certified survey) of real property located at 410 Blue Springs Boulevard, Georgetown, Williamson County, Texas, for the Purchase Price amount of $9.50 per square foot (full Purchase Price to be determined based on total square footage in certified survey); and authorize the County Judge to execute the Earnest Money Contract and all other documents and instruments that may be necessary to close the transaction and convey the real property to Cerco Development, Inc.

This motion is scored as EXPANDS_GOVERNMENT (Impact Weight: 4.3/10). Under the Bastiat Liberty Watchdog Index, measures that increase tax rates or fee schedules, issue new debt or Certificates of Obligation, expand regulatory/zoning restrictions on private land use, or authorize unbudgeted spending expansions reduce an official's Freedom Score when voted YES (and reward dissenting NO votes).