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Council approves first reading to sell city parcel to economic development corporation for $2 million
Summary
La Marque — The City Council on Oct. 27 approved on first reading an amended ordinance to sell a parcel in the Waterman Subdivision to the La Marque Economic Development Corporation for $2,000,000 with $1,000,000 due up front and $1,000,000 at closing.
La Marque — The City Council on Oct. 27 approved on first reading an amended ordinance to sell a parcel (described as part of the Waterman Subdivision) to the La Marque Economic Development Corporation for $2,000,000 with payment terms that include $1,000,000 at contract execution and $1,000,000 at closing.
City staff said the parcel was acquired by the city in the…
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