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Council approves commercial tract sale under existing development agreement
Summary
Council approved sale of an unimproved commercial tract consistent with a development agreement between the city, Positive Developments LLC and Grandes Ricos LLC; item had been on a prior agenda and passed without further discussion.
Fulshear — The City Council approved a commercial-tract transaction on March 4 that staff said is consistent with an existing development agreement between the city, Positive Developments LLC and Grandes Ricos LLC.
City staff described the item as the same terms presented two weeks earlier and said council members had additional time to review the materials. Council member Powers moved to approve the commercial tract sale per the development agreement; Council member Poole seconded and the motion passed by voice vote.
Staff did not provide additional public details during the meeting about parcel size or price; council did not amend the agreement on the council floor.
