Council authorizes mayor to execute final sale documents to 630 Ransom Island Partners LLC and directs development agreement work

Following an executive session under Texas Government Code provisions, the Aransas Pass City Council returned to open session and took two actions related to real-property and economic development.

First, the council made a motion authorizing the mayor to execute final contract documents for the sale of the LWR property to 630 Ransom Island Partners LLC and to issue credits off the sales price to allow for screening and wastewater improvements to be performed by the purchaser. The motion as recorded in the transcript authorized the mayor to execute final contract documents and described issuing credits “of 100 $50,000 off the sales price to allow for the screening and wastewater improvements to be performed by 6:30 Ransom Island Partners LLC.” The transcript does not provide a separate breakdown or formally itemized credit amount beyond that wording. The motion was seconded and approved on a voice vote.

Second, the council directed the city attorney and city manager to develop a development agreement for properties at 2372 County Road 1916 and 2377 County Road 1916. A motion to direct staff on the development agreement was made, seconded and approved on a voice vote.

The transcript records the motions and seconding and a voice vote approving both items; no detailed sale price, final contract document text or schedule for the development agreement was read into the record at the open session. Council asked staff to prepare the development agreement and finalize closing documents consistent with the council’s directions.