City of Coppell, Texas - File #: 2023-7312

• File #: 2023-7312
• Version: 1
• Name: Purchase and Sale Agrmt - water tank property
• Type: Agenda Item
• Status: Passed
• File created: 2/2/2024
• In control: City Council
• On agenda: 2/27/2024
• Title: Consider approval of a Resolution approving the Purchase and Sale Agreement for the sale of land described as Lot 2, Block A, Old Town Water Tank/Office Addition to RSC Investment Management, LLC; and authorizing the Mayor to sign and the City Manager to sign any necessary documents.

Date	Ver.	Action By	Action	Result
2/27/2024	1	City Council	Approved on the Consent Agenda	Pass

Title

Consider approval of a Resolution approving the Purchase and Sale Agreement for the sale of land described as Lot 2, Block A, Old Town Water Tank/Office Addition to RSC Investment Management, LLC; and authorizing the Mayor to sign and the City Manager to sign any necessary documents.

Summary

The city is selling the land located at Lot 2, Block A, Old Town Water Tank/Office Addition to Rory and Sarah Carrick.  They will use the land to hold pop-up vendor events and as a passive park for visitors.

Fiscal Impact:

$6,500

Staff Recommendation:

Staff recommends approval.

Strategic Pillar Icon:

Enhance the Unique 'Community Oasis' Experience

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