Authorize negotiation and execution of all documents and instruments necessary or desirable to acquire in fee simple approximately 1.39 acres (60,548 square feet) including an approximately 12,313 square foot building situated in Lot B, Block 1, Miracle Hill III, a subdivision in Travis County, Texas, according to the map or plat thereof, recorded in Volume 93, Page 252 of the Plat Records of Travis County generally located at 2401 South Interstate 35, Austin, Texas 78741 from Buy Rides Austin, LLC, a Texas limited liability company for a total amount not to exceed $4,375,000 including closing costs. Funding: $4,375,000 is available in the Capital Budget of Austin Housing.
25-2064 · Consent · Passed