Meeting Time: February 01, 2021 at 6:00pm CST
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Agenda Item

4. 21-1461 Approval of Supplemental Appropriations From the General Fund in the amount of $6,250,000, From the Maintenance and Replacement Fund in the amount of $1,500,000, and from the General Capital Projects Fund in the amount of $1,500,000; Approval of a Purchase Agreement Between the City of Lewisville and Alpha Republic INV, Inc. for the Purchase of Those Certain Parcels of Land Located at the Southwest Corner of FM 407 and I-35E, Lewisville, Denton County, Texas as More Particularly Described as Tract One, Tract Two, Tract Three, and Tract Four, of the Stephen Riggs Survey, Abstract No. 1008, for a Total Amount of $9,250,000.00; and Authorization for the City Manager to Execute the Agreement and Any Other Documents Required to Purchase the Property.