Authorize negotiation and execution of all documents and instruments necessary or desirable to acquire a building for an Austin Resource Recovery reuse warehouse for the redistribution of gently used furniture. The acquisition consists of fee simple ownership of an approximately 0.985 acre lot including an approximately 13,200 square foot building situated on Lot(s) 1, Block B, Resubdivision of Lots 1, 2, 5 & 6, Block B, Bilton Subdivision, a subdivision in Travis County, Texas, according to the

Staff Report & Agenda Item Details

Authorize negotiation and execution of all documents and instruments necessary or desirable to acquire a building for an Austin Resource Recovery reuse warehouse for the redistribution of gently used furniture. The acquisition consists of fee simple ownership of an approximately 0.985 acre lot including an approximately 13,200 square foot building situated on Lot(s) 1, Block B, Resubdivision of Lots 1, 2, 5 & 6, Block B, Bilton Subdivision, a subdivision in Travis County, Texas, according to the map or plat thereof, recorded in Volume 92, Page 153 of the Plat Records of Travis County, Texas generally located at 9201 Metric Blvd., Austin, Texas 78741, from Amerio Investments, LLC for a total amount not to exceed $4,425,000 including closing costs. Funding: $4,425,000 is available in the Capital Budget of Austin Resource Recovery.