Authorizing the City Manager to execute all necessary documents to purchase a 0.1417-acre corner lot for the City’s ongoing efforts to enhance downtown mobility, improve accessibility, and promote long-term economic development "surface only" from, Meuchadim of Texas, LTD, for $300,000.00. A 0.1417-acre (6,172 sq. ft) corner lot, more or less, conveyed to Meuchadim of Texas, LTD, recorded in vol

Staff Report & Agenda Item Details

Authorizing the City Manager to execute all necessary documents to purchase a 0.1417-acre corner lot for the City’s ongoing efforts to enhance downtown mobility, improve accessibility, and promote long-term economic development "surface only" from, Meuchadim of Texas, LTD, for $300,000.00. A 0.1417-acre (6,172 sq. ft) corner lot, more or less, conveyed to Meuchadim of Texas, LTD, recorded in volume 5537, pages 0806, official public records, Webb County, Texas, situated in Lot 1, Block 22, W.D. within the City of Laredo, Webb County Texas. Parcel is being more particularly described and depicted in "Exhibit A". Provided for an effective date. Funding is available in the Bridge Construction Fund and 2025 Certificate of Obligation Bond.

This motion is scored as EXPANDS_GOVERNMENT (Impact Weight: 2.5/10). 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).