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R89-29 AUTHORIZING PURCHASE OF PROPERTY
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R89-29 AUTHORIZING PURCHASE OF PROPERTY
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8/10/2016 9:30:18 AM
Creation date
8/10/2016 9:30:15 AM
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Resolution/Ordinance
Res Ord Num
R89-29
Res Ord Title
AUTHORIZING PURCHASE OF PROPERTY
Approved Date
3/20/1989
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COUNCIL MEMORANDUM <br /> #89-11 <br /> March 16 , 1989 <br /> TO: The Hon ble Mayor and City Council Members <br /> �� � <br /> FROM: James con, Jr. , City Manager <br /> RE: Purcha � of Property for Well Field Project <br /> On Tuesday, March 14 , I acquired property from the Macon <br /> County Conservation District for the well field project by ex- <br /> ecuting a long-term lease for ten (10) well sites in Friends <br /> Creek Park. A copy of that agreement is attached. <br /> I have also taken steps to acquire an additional 120 acres <br /> of property in DeWitt County for the development of a well field. <br /> The parcel was offered at a bankruptcy auction on February 28 . <br /> The property is available at a price of $272 ,400 or $2 ,270 per <br /> acre. In addition to meeting all of the requirements for well <br /> field development, the property has the ability to generate in- <br /> come for the City' s Water Fund through the execution of land <br /> leases for farming. Accordingly, I recommend that the City Coun- <br /> cil authorize the attached resolution authorizing purchase of the <br /> 120 acre parcel. <br /> Attachment <br />
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