DEPARTMENT: Parks and Recreation
DEPARTMENT HEAD: Xavier D. Urrutia
COUNCIL DISTRICTS IMPACTED: City Wide
SUBJECT:
Edwards Aquifer Protection Program - Conservation Easement Acquisitions
SUMMARY:
Consideration of the following ordinances associated with six conservation easements through Proposition 1 Edwards Aquifer Protection Venue Project totaling 2,146.807 acres over the Edwards Aquifer Recharge and Contributing Zones.
A) An Ordinance authorizing payment in the amount of $1,408,607.75 to Presidio Title as escrow agent for title on a conservation easement, due diligence and closing costs on a 135.4 acre tract of land known as the Gallagher Ranch located in Bexar County, Texas.
B) An Ordinance authorizing payment in the amount of $5,704,896.55 to Presidio Title as escrow agent for title on a conservation easement, due diligence and closing costs on three tracts of land totaling 606.487 acres known as the Gallagher Ranch located in Bexar and Medina Counties, Texas.
C) An Ordinance authorizing payment in the amount of $996,806.48 to Texas Heritage Title as escrow agent for title on a conservation easement, due diligence and closing costs on a 766.24 acre tract of land known as the 3T's Heritage Ranch located in Medina County, Texas.
D) An Ordinance authorizing payment in the amount of $369,299.18 to Texas Heritage Title as escrow agent for title on a conservation easement, due diligence and closing costs on a 236.63 acre tract of land known as the Saunders Ranch located in Medina County, Texas.
E) An Ordinance authorizing payment in the amount of $382,834.49 to Texas Heritage Title as escrow agent for title on a conservation easement, due diligence and closing costs on a 248.35 acre tract of land known as the Jimmy Bendele Ranch in Medina County, Texas.
F) An Ordinance authorizing payment in the amount of $287,116.34 to Texas Heritage Title as escrow agent for title on a conservation easement, due diligence and closing costs on a 153.7 acre tract of...
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