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AI- 5896   4. A. 3.    
Commissioners Court - Regular
Meeting Date: 12/17/2014  
Application to Purchase Permanent School Fund Land
Submitted By: Steve Waterman, Commissioners Court Admin
Department: Commissioners Court Admin  

Information
RECOMMENDATION
Discuss and consider application to purchase 3,680.32 acres of Permanent School Fund Land, North Padre Island, Kleberg County, from the Texas General Land Office and authorize the County Judge to sign application; acceptance of corresponding Deed without Warranty.
BACKGROUND
DISCUSSION
The General Land Office has offered Nueces County the purchase of property with cash and a remittance will be due for $620,000, the purchase price plus a statutory sales fee of $9,300, which is 1.5% of the purchase price.

Budget Information
Information about available funds
Budgeted: Funds Available: Adjustment: Amount Available:
Unbudgeted: Funds NOT Available: Amendment:
Account Code(s) for Available Funds
1:
Fund Transfers

Attachments
GLO Letter re Sale
Application to purchase
Deed Without Warranty
Exhibit A - Deed
Exhibi B - Deed
Perpetual Easement

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