Discuss, consider, and take appropriate action on the approval and ratification of the prior action taken by the Williamson County Commissioners Court at its March 24, 2026 Regular Session relating to an Assignment of Commercial Contract – Unimproved Property between Scott Stribling, as Assignor, and County of Williamson, as Assignee, relating to the assignment of that certain Commercial Contract

Staff Report & Agenda Item Details

Discuss, consider, and take appropriate action on the approval and ratification of the prior action taken by the Williamson County Commissioners Court at its March 24, 2026 Regular Session relating to an Assignment of Commercial Contract – Unimproved Property between Scott Stribling, as Assignor, and County of Williamson, as Assignee, relating to the assignment of that certain Commercial Contract – Unimproved Property, bearing the effective date of March 9, 2026, between Scott Stribling, referred to therein as Buyer, and Lera B Hughes Properties, LP, referred to therein as Seller, containing a sales price amount of $75,819,874, relating to the purchase of approximately 255 acres (more or less and subject to final survey) acres of real property (WCAD R038820, R519352, R432645 & R519356) located near Inner Loop/CR 110/Southwestern Boulevard/Sam Houston Avenue/1200 CR 110, Georgetown, Williamson County, Texas that may be used for purposes of future Williamson County facilities and other governmental purposes to include but not be limited to a future jail and justice complex; and authorize the County Judge to execute the Assignment of Commercial Contract – Unimproved Property and all other documents and instruments that may be necessary to close the transaction and convey the real property to the County of Williamson.