PRESENTER: Presenter
Matthew Eckmann, Assistant Director of Public Works
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SUBJECT: Title
Approval of the acceptance of 25 acres of land located in the Sarah Dewitt Survey, A-103, Guadalupe County, Texas from the New Braunfels Parks Foundation.
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DEPARTMENT: All
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COUNCIL DISTRICTS IMPACTED: All
BACKGROUND INFORMATION:
When the property for the Zipp Family Complex was acquired in 2018. The Sellers donated a 25-acre portion of the property to the New Braunfels Parks Foundation to be held in trust for the City of New Braunfels.
With the first phase of construction about to begin on the property, the City has requested the conveyance of the property from the Parks Foundation, which they have agreed to.
ISSUE:
Conveyance of property held in trust by the New Braunfels Parks Foundation to the City of New Braunfels.
FISCAL IMPACT:
Since the property is held in trust for the City, no compensation is due for this conveyance so there is no fiscal impact.
Recommendation
RECOMMENDATION:
Staff recommends the approval of this conveyance.