PRESENTER: Presenter
Matthew Eckmann, Assistant Director of Public Works
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SUBJECT: Title
Approval of a resolution establishing public purpose and for the conveyance of 0.844 acres, being Lots 213 and 214, New City Block 3001, in the City of New Braunfels, addressed as 407 West Mill to New Braunfels Youth Collaborative.
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DEPARTMENT: Public Works
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COUNCIL DISTRICTS IMPACTED: 5
BACKGROUND INFORMATION:
The New Braunfels Youth Collaborative has entered into an agreement with New Braunfels ISD for the conveyance of the properties located at 430 and 407 West Mill Street. In preparing for closing on the properties, it was determined that the City of New Braunfels was the record owner of the property at 407 West Mill Street, which is the location of the Academy Street Gym. While New Braunfels ISD has occupied and maintained this property for as far back as records are available, there are no official conveyance documents that have been located that officially transferred title.
ISSUE:
In order to close on this parcel, the Title Company is requesting that the City of New Braunfels, along with New Braunfels ISD, both sign the deed to convey the property to the New Braunfels Youth Collaborative.
FISCAL IMPACT:
There is no funding component of this transaction as part of this conveyance.
Recommendation
RECOMMENDATION:
Staff recommends the approval of this conveyance.