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Council approves sale of 13309 Josie Lane; purchase-and-sale documents to be finalized
Summary
The Farmers Branch City Council authorized July 15 the drafting and execution of documents necessary to complete the sale of city-owned property at 13309 Josie Lane to the prospective buyer and instructed staff to present the finalized agreements to the Farmers Branch Local Government Corporation for acceptance.
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The Farmers Branch City Council on July 15 approved a purchase-and-sale agreement and related documents for the sale of city-owned property at 13309 Josie Lane to a buyer identified in public action as Tom Cusick. The council had discussed the transaction in prior executive sessions and waived the executive-session privilege to permit a public discussion and vote. City staff reported the required conditions had been met, documents prepared by city attorneys were in order, and council voted to authorize the city attorney to draft an amendment to the purchase-and-sale agreements and restrictive covenants and to authorize the city manager to execute the documents and present them to the Farmers Branch Local Government Corporation for consideration and acceptance. Why it matters: the action permits completion of a negotiated property sale involving city-owned real estate; the vote follows attorney-prepared documents and prior executive-session direction to staff. Council approved the motion and the city will finalize closing documents and conveyance steps with the Local Government Corporation’s consideration as the next step. Outcome: council authorized final drafting and execution steps; a vote to accept and finalize the sale by the Farmers Branch Local Government Corporation is expected next.

