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HomeMy WebLinkAboutAM to sell surplus right-of-way located along SH 377Town of Westlake ILVA To: Honorable Mayor and Members of the Board of Aldermen From: Trent Petty, Town Manager Date: January 5, 2005 Subject: Regular Meeting of January 10, 2005 Consider a resolution authorizing the Town Manager to enter into an agreement with the Texas Department of Transportation to sell surplus right-of-way located along SH 377. Staff recommends approval. The Texas Department of Transportation has asked to purchase surplus right of way from the Town to accommodate the SH 377 widening project. The Town agrees with the required appraisal completed by the Texas Department of Transportation which establishes a value of $23,500 for this property which is comprised of 0.100 of an acre of land. The revenue will be credited to the Town of Westlake General Fund.