DEPARTMENT: Parks and Recreation
DEPARTMENT HEAD: Homer Garcia III, Director
COUNCIL DISTRICTS IMPACTED: City Wide
SUBJECT: Edwards Aquifer Protection Program Acquisitions
SUMMARY:
Consideration of the following ordinances associated with the acquisition of four conservation easements totaling 541.246 acres over the Edwards Aquifer Recharge and Contributing Zones.
A) An ordinance authorizing payment in the amount of $820,336.85, from Proposition 1 of the Edwards Aquifer Protection Sales Tax fund included in the FY 2021 - FY 2026 Capital Improvement Program, to Alamo Title as escrow agent for title on a conservation easement, due diligence and closing costs on a 48.2 acre tract of land known as the Smith Property located in Bexar County, Texas.
B) An ordinance authorizing payment in the amount of $328,066.15, from Proposition 1 of the Edwards Aquifer Protection Sales Tax fund included in the FY 2021 - FY 2026 Capital Improvement Program, to Texas Heritage Services I, LTD as escrow agent for title on a conservation easement, due diligence and closing costs on a 217.405 acre tract of land known as the Smart Ranch located in Medina County, Texas.
C) An ordinance authorizing payment in the amount of $227,705.87, from Proposition 1 of the Edwards Aquifer Protection Sales Tax fund included in the FY 2021 - FY 2026 Capital Improvement Program, to Texas Heritage Services I, LTD as escrow agent for title on a conservation easement, due diligence and closing costs on a 97.112 acre tract of land known as the Klaus Ranch located in Medina County, Texas.
D) An ordinance authorizing payment in the amount of $291,486.71, from Proposition 1 of the Edwards Aquifer Protection Sales Tax fund included in the FY 2021 - FY 2026 Capital Improvement Program, to Texas Heritage Services I, LTD as escrow agent for title on a conservation easement, due diligence and closing costs on two tracts of land totaling 178.529 acres and known as the Jagge Foley Addition located in Medina County...
Click here for full text