Title
Consider/Discuss/Act on a Resolution Authorizing the Sale of Land to the North Texas Municipal Water District, which Land Contains 8.577 Acres Situated in the William Davis Survey, Abstract No. 248, Collin County, Texas and Generally Located at the Northeast Corner of Airport Drive and Greenville 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: Direction for Strategic & Economic Growth
MEETING DATE: December 15, 2020
DEPARTMENT: Development Services/Engineering
CONTACT: Gary Graham, PE, PTOE, Director of Engineering
RECOMMENDED CITY COUNCIL ACTION:
* Approval of Resolution.
ITEM SUMMARY:
* This item authorizes the sale of 8.577 acres of land (Property) owned by the City of McKinney (McKinney) for Fair Market Value to the North Texas Municipal Water District (NTMWD), said Property whose address is 100 North Airport Drive, City McKinney, Collin County, Texas and generally located at the NEC of Airport Drive and Greenville Road, and further authorizes the City Manager to execute all necessary deeds and documents for the sale of said property to NTMWD.
BACKGROUND INFORMATION:
* NTMWD is planning and designing a new North McKinney Transfer Lift Station to be located adjacent to their existing North McKinney Lift Station which is located in an Easement previously granted by the City of McKinney and situated on the Property.
* NTMWD new lift station will transfer up to 64 MGD of flow to the Sister Grove Creek Regional Water Resources Recovery Facility, and will be sized to accommodate expansion up to 128 MGD, allowing or refined operational control and a more consistent and efficient delivery of flow throughout NTMWD's South Transmission System.
* NTMWD has offered to purchase the Property in fee simple for the appraised value of $154,000.00.
* McKinney contracted their own appraisal to ensure that NTMWD's offer...
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