Item 13: Public Right of Way Land Purchase Near North Guadalupe Street and University Drive at a price of $900,439.00

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COSM_Admin

Administrator
Staff member
Consider approval of Resolution 2023-94R, approving a contract with First United Methodist Church of San Marcos for the purchase of approximately 0.23 of an acre (10,163 square feet) for public right of way and the fee simple purchase of 0.10 acre (4,346 square feet), as detailed in exhibit “A” attached hereto and incorporated herein for all purposes, near the intersection of North Guadalupe Street and University Drive at a price of $900,439.00, plus related closing costs; authorizing the City Manager, or her designee, to execute said contract and all closing documents related to such purchase on behalf of the city; and declaring an effective date.
 

JHughson

CoSM Members
What is the source of the dollars to be used from the General Fund?
Isn't this CIP project #372? ARF shows #679.
Is it tied to #679 -Purgatory Creek Improvements Ph 1?
 

COSM_Admin

Administrator
Staff member
Response provided by Shaun Condor, Director of Engineering:
The source of the General Funds is the from excess General Funds no longer needed on closed out projects. This project and funding are shown in the CIP as project 372, not 679. That was an error in the ARF.
 
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