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2025-0017-R • Regular AgendaCity of Temple (Bell County)

Consider adopting a resolution approving a contract for the purchase of the downtown Texell office building and two associated parking lots, and authorizing closing costs associated with the purchase in an estimated total not to excee

Presented in: City Council Regular Meeting - January 16, 2025 on 2025-01-16
Meeting Agenda PDFOfficial Minutes PDF

Official Roll-Call Vote

PASSED (4 - 0)
“Moved by Zoe Grant, seconded by Michael Pilkington. Approve Consider adopting a resolution approving the Consent Agenda items and the appropriate resolutions and ordinances for each of the following:”
TD
Tim Davis
Mayor (At-Large)
YES
JW
Jessica Walker
Mayor Pro Tem (District 1)
YES
ZG
Zoe Grant
Councilmember (District 2)
YES
MP
Michael Pilkington
Councilmember, District 4 (District 4)
YES

Staff Report & Agenda Item Details

Consider adopting a resolution approving a contract for the purchase of the downtown Texell office building and two associated parking lots, and authorizing closing costs associated with the purchase in an estimated total not to exceed amount of $3,325,000 as well as declare an official intent to reimburse a portion of the expenditure with the issuance of the 2025 Utility Revenue Bonds. (T)