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Court approves 90‑day extension on county land purchase agreement near Cape Valero while grant discussions continue
Summary
Aransas County approved a 90‑day extension of a purchase agreement for about 972.952 acres near Cape Valero to allow completion of grant‑funding arrangements under the GOMA Coastal Management program.
The Aransas County Commissioners Court voted to extend by 90 days the real estate purchase and sale agreement with Rockport Property Entity LLC (EVC‑CC Land Holdings LLC) for approximately 972.952 acres near Cape Valero and FM 1751 (agenda item referenced as 17/81 corrected in discussion). The purchase price cited in the motion was $2,350,000. The extension is intended to provide additional time to finalize receipt of grant funds from the Governor’s Office – GOMA Coastal Management program (Cycle 29) for projects of special merit.
County staff reported the sellers have grown hesitant after 17 months of negotiations and had requested additional earnest money; the court said it could not commit to increasing the contract amount without returning to the court for approval. County counsel and staff noted contractual terms provide that if the project stops, the county’s obligation to survey and appraisal payments is limited to work performed to date.
Commissioners discussed practical next steps: Judge Garza said he would meet with the sellers later the same day and seek to preserve the transaction without increasing county exposure. Several commissioners noted the county had already secured the grant approval but still needed time to complete seller negotiations and finalize transaction documents. The extension passed on a recorded vote of five in favor.
Action: Motion approved to extend the existing purchase agreement by 90 days; no additional earnest money or change in purchase price was approved.
