Title
Authorize the City Manager to negotiate, finalize and execute an agreement for the donation to the City of approximately 10.15 acres of land situated in the Daniel Tanner Survey, Abstract Number 1462, City of Mesquite, Dallas County, Texas, and being part of Lots 3 and 4, Block 2 of Triangle East Addition, Block 2, Lots 3, 4 and 5, an addition to the City of Mesquite, Dallas County, Texas, and being a portion of the property commonly known as 2920 Gus Thomasson Road, Mesquite, Texas, and, if the title and condition of such property is acceptable to the City Manager, the City Manager is further authorized to accept the donation of such property on behalf of the City and execute all closing documents necessary or advisable to finalize the donation of such property to the City.
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The property at 2920 Gus Thomasson Road is currently under contract and was rezoned from Planned District (PD) - Office to Planned District (PD) - Single-Family Residential by the Planning and Zoning Commission on November 26, 2018, at the request of the Buyer/Developer.
The total property is 36.464 acres. The property has a drainage channel that runs along the eastern edge of the property that requires necessary improvements, making previous development cost prohibitive.
The City has been supportive of the Buyer's/Developer's Concept Plan and has been working with him and adjacent property owners to make the necessary improvements to the drainage channel. Unfortunately, construction is scheduled to begin in mid to late January, before the Buyer/Developer will technically own the property.
The current owner(s) are aware of the rezoning and are supportive of the project. The current owner(s) have agreed to donate the necessary land needed for the drainage improvements to the City prior to the Buyer's/Developer's closing.
The portion being donated for the public purpose of drainage channel improvements is a total of 10.15 acres, with 6.41 acres being in the floodplain.
The 20...
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