Link


Social

Embed


Download

Download
Download Transcript

[1. Call to Order. ]

[00:00:09]

>> IT IS NOW 10 O'CLOCK, SEPTEMBER 8TH, 2026, AND I'LL

[2. Discuss and take action approving Commercial Letter of Intent to purchase 39.5 acres of land in the SE/4 of Section 10, Block 39, T2S. ]

CALL THIS MEETING TO ORDER. THE FIRST AGENDA ITEM IS ITEM NUMBER TWO, INTENT TO PURCHASE 39.5 ACRES OF LAND IN THE SOUTHEAST QUARTER OF SECTION 10, BLOCK 39, T2S, AND AT THIS POINT, THE COURT WILL OPEN TO DISCUSS.

>> THIS IS A PIECE OF PROPERTY IN THE FLOODWAY OF THE SOUTH WE'VE BEEN [INDISCERNIBLE] FOR SEVERAL YEARS AS AN OPPORTUNITY TO IMPROVE FULL MITIGATION MANAGEMENT IN SOUTH OF THE INTERSTATE IN MIDLAND COUNTY. IT'S AVAILABLE AND UP FOR SALE AND WE'D LIKE TO PURSUE IT. WE HAVE THE FUNDS IN OUR RIGHT-OF-WAY FUNDING GENERAL BUDGET, AND LIKE FOR YOU GUYS TO TODAY IN PARTICULAR SIGNING THE LETTER OF INTENT, TO ALLOW US TO GO AND NEGOTIATE AND FINALIZE A CONTRACT.

>> OKAY. I PERSONALLY HAVE GONE OUT AND LOOKED AT IT, ANDREW. I THINK, I MEAN, IT'S -- I THINK IT'S NECESSARY, BUT ANYWAY, WE'LL OPEN IT UP FOR DISCUSSION

AND/OR A MOTION. >> I MAKE A MOTION TO APPROVE NEGOTIATIONS OF THE PURCHASE OF THIS PROPERTY AND SIGN THE

LETTER OF INTENT. >> SECOND.

>> OKAY, WE HAVE A MOTION AND A SECOND BY COMMISSIONER HALL.

ALL IN FAVOR? ARE THERE ANY OTHER DISCUSSION? OKAY, ALL IN FAVOR, SAY AYE. AGAINST?

[3. Discuss and take action approving Commercial Contract for purchase of real estate located in Block 004, Lot 002, Southwest Crossing Addition, Section 4.]

OKAY, MOTION PASSES. THE NEXT ITEM WOULD BE ITEM NUMBER 3, TO DISCUSS AND TAKE ACTION APPROVING COMMERCIAL CONTRACT FOR PURCHASE OF REAL ESTATE LOCATED, WE DON'T HAVE A SECTION NUMBER HERE, SECTION 4, I JUST SAW IT.

SECTION 4, AND SO, ANDREW? >> THIS ONE'S A LITTLE DIFFERENT. THIS IS MORE OPPORTUNISTIC, IT'S NOT IN THE FLOOD PLAIN OR FLOODWAY, BUT IT'S AN OPPORTUNITY TO IMPROVE DRAINAGE FOR MIDLAND COUNTY ROAD 1232, A LOT OF THE CITY JUST SOUTH OF THE CITY AND THE WEST SIDE OF LOOP 250. IT'S BEEN SOME FLOODING AND DAMAGE ON THE ROAD THAT WE'RE ABLE TO MITIGATE AND REPAIR, BUT THIS WILL BE A MORE LONG-TERM PERMANENT FIX IF WE CAN GET THIS

PIECE OF PROPERTY. >> OKAY.

>> SAME THING, WE NEED A LETTER OF INTENT SIGNED TODAY.

>> YES, SIR? >> WHAT'S THE LETTER OF INTENT

FOR? >> COMMERCIAL CONTRACT.

>> THIS ONE IS ACTUALLY -- >> THIS ONE IS A CONTRACT, THAT LETTER OF INTENT, AND IT DOES REQUIRE PAYMENT OF EARNEST MONEY WITHIN FIVE DAYS OR SOMETHING LIKE THAT.

I DON'T HAVE IT IN FRONT OF ME. >> SO ON THIS ONE, WOULD THE MOTION BE TO SIGN THE CONTRACT AND USE THE FUNDS -- WELL, IT'S ALREADY BUDGETED, AND SO THE FUNDS, I'M ASSUMING IT'S 5%?

>> YOU WOULD HAVE TO APPROVE PAYMENT IF YOU'RE NEEDING ME TO

CUT A CHEQUE FOR THAT. >> SO LET ME LOOK AT THE

CONTRACT REAL QUICK. >> THIS IS ALSO ONE OF THE ONES THAT LAST YEAR, WE HAD TO CLOSE THE ROAD DOWN FOR ABOUT A WEEK AND THIS WOULD HELP SOLVE THAT PROBLEM, AND WE'RE ALSO NEXT MONTH? NO, OCTOBER.

WE'RE LOOKING AT EXPANDING THAT ROAD TO A THREE-LANE WHICH WILL

ALSO HELP WITH THIS. >> IT'S ACTUALLY UP FOR BID

RIGHT NOW. >> 2000.

>> 2000? >> OH, WE DON'T HAVE TO APPROVE -- OH, I GUESS WE DO IF WE'RE GOING TO CUT A CHECK.

I MAKE A MOTION TO CUT THE CHECK FOR EARNEST MONEY.

>> PAYABLE TO COMMISSIONER? >> THE [INDISCERNIBLE]?

>> YES, WEST TEXAS. >> PAYABLE TO WEST TEXAS

ABSTRACT. >> WE HAVE A MOTION AND A SECOND. ALL IN FAVOR, AYE.

AGAINST? OKAY, MOTION PASSES TO SIGN THE CONTRACT FOR THIS SAID PROPERTY. THERE ARE NO OTHER ITEMS ON THE AGENDA FOR TODAY, AND SO IT IS 10:04.

>> I MAKE A MOTION TO ADJOURN. >> SECOND.

>> OKAY. ADJOURNED.

>> ALL IN FAVOR. >> ALL IN

* This transcript was compiled from uncorrected Closed Captioning.