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R-99-09-23-10E5 - 9/23/1999RESOLUTION NO. R- 99- 09- 23 -10E5 WHEREAS, the City of Round Rock, as Grantee, and Kenneth W. Stuart, III, as Grantor, have entered into a real estate contract for the purchase of Lot 38, South Park Addition for the South Mays extension project, and WHEREAS, as part of the consideration of said purchase, the City has offered to reimburse Kenneth W. Stuart, III, for certain reasonable and necessary relocation and moving expenses, Now Therefore BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS, That the City Manager is hereby authorized to reimburse Kenneth W. Stuart, III up to $25,000 for reasonable and necessary relocation and moving expenses associated with his move from the house located on Lot 38, South Park Addition. The City Council hereby finds and declares that written notice of the date, hour, place and subject of the meeting at which this Resolution was adopted was posted and that such meeting was open to the public as required by law at all times during which this Resolution and the subject matter hereof were discussed, considered and formally acted upon, all as required by the Open Meetings Act, Chapter 551, Texas Government Code, as amended, and the Act. ATTEST: RESOLVED this 23rd day of Se JO E LAND, City Secretary K:\ WPOOCS \RESOLUTI \R90923E5.WPD .9 T A. STLUKA, JR O Mayor City of Round Rock, Texas DATE: September 17, 1999 SUBJECT: City Council Meeting — September 23, 1999 ITEM: 10.E.5. Consider a resolution authorizing the payment of relocation assistance associated with the purchase of Lot 38, South Park Addition from Kenneth W. Stuart, III for the extension of South Mays Street. Staff Resource Person: Jim Nuse, Public Works Director.