Commissioners Court Meeting

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Meeting Date:	04/08/2024
Purchase and Sale Agreement with Fesco Ltd.
Submitted for:	Nathan Bratton	Submitted By:	Nathan Bratton
Department:	Civil Legal Division

Subject:

Discussion and possible action to enter into a Purchase and Sale Agreement with Fesco Ltd., for the purchase of four (4) tracts of land together with any improvements located in the Fesco Business Park Subdivision (Property ID Nos. 365118, 365119, 365114 & 207222) Webb County, City of Laredo, Texas and any matters incident thereto; authorizing the County Judge to sign all relevant documents. [Closed Meeting/Executive Session may be requested if needed pursuant to Texas Government Code, Title 5, Subchapter D, Section 551.072 (Deliberations regarding valuation, terms for purchase and offer of sale of Real Property) [Requested by Commissioners Court Administrator]

Background:

At meeting of 3/11/2024 the Court authorized a negotiation on the properties.

Previous Court Action:

Fiscal Impact

Budget Account Number:	n/a
Funding Source:	n/a
Balance:	n/a
Financial Impact:
unknown