Title
Consider/Discuss/Act on a Resolution Authorizing the Sale of Land to the North Texas Municipal Water District, Which Land Contains 10.763 Acres Situated in the John R. Jones Survey, Abstract No. 497, City of McKinney, Collin County, Texas and Generally Located East of McLarry Drive and South of Bloomdale Road; and Authorizing the City Manager to Execute Deeds and Documents Regarding the Sale of Said City-Owned Property to the North Texas Municipal Water District
Summary
COUNCIL GOAL: Financially Sound Government
MEETING DATE: August 16, 2016
DEPARTMENT: Development Services/Engineering
CONTACT: Mark Hines, PE, Director of Engineering
RECOMMENDED CITY COUNCIL ACTION:
* Approval of Resolution.
ITEM SUMMARY:
* This item authorizes the sale, at fair market value, of 10.763 acres of land (Property) owned by the City of McKinney (McKinney) to the North Texas Municipal Water District (NTMWD), generally located to the east of McLarry Drive and south of Bloomdale Road, and further authorizes the City Manager to execute all necessary deeds and documents for the sale of said Property to NTMWD.
BACKGROUND INFORMATION:
* In 2007, the City acquired approximately 100 acres in the vicinity of the intersection of US 75 and Bloomdale Road for the future Bloomdale Pump Station.
* NTMWD approached the City several years ago to discuss locating a pump station (McKinney No. 4) on the aforementioned City owned parcel.
* NTMWD's current Capital Improvement Plan calls for a booster pump station to be constructed in the vicinity of the City's 100 acre parcel. This pump station will be constructed in conjunction with a new 72-inch pipeline that will convey treated water west, to their existing McKinney No. 3 delivery point, and connect to the existing 48-inch Frisco-McKinney pipeline that currently terminates at McKinney No. 3.
* Prior to the construction of the proposed NTMWD McKinney No. 4 pump station, the City is planning on constructing a connection to the n...
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