Purchase a 55.52-Acre Parcel of Land on Thomas A. Betts

Item 7 - "A. Public Hearing and Consideration of Exercising Option to Purchase a 55.52-Acre Parcel of Land on Thomas A. Betts Parkway for Economic Development (total purchase price $740,000 including related closing costs) B. Consideration of FY 2020-2021 Budget Ordinance Amendment Appropriating Funds in the General Fund for Acquisition of 55.52-Acre Parcel of Land on Thomas A. Betts Parkway ($740,000 = $725,000 acquisition costs; $15,000 closing and related expenses)"

Recommended Action - "1) Receive Public Comment;
2) Authorize Option to Purchase/Acquire Property;
3) Authorize the City Manager Execute Closing Documents on behalf of the City; and
4) Adopt Budget Ordinance (*subject to reconsideration upon receipt of comments)"

Votes
Knight - Y
Blackwell - Y
Joyner - Y
Walker - Y
Daughtridge - Y
Bullock - Y
Miller - Y