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EDC authorizes purchase of 811 Kennedale Parkway for $120,000
Summary
After an executive session under 551.072, the EDC voted to authorize the city manager to buy property at 811 Kennedale Parkway for $120,000; one board member abstained and the motion passed.
The Economic Development Corporation voted to authorize the city manager to purchase the property at 811 Kennedale Parkway for $120,000. The motion was made after an executive session called under Section 551.072 concerning deliberation about the purchase, exchange, or lease of real property.
The authorization was moved by Unidentified Speaker 3 and seconded by Unidentified Speaker 1. When the board took the public vote, one member abstained; the presiding officer announced the motion passed. The transcript records the motion wording as authorizing the city manager to purchase the land "for the sum of $120,000." No detailed vote tally by name was recorded in the transcript.
Board members had discussed the matter in a closed executive session that was announced at 6:05 p.m. under the statutory citation noted in the meeting. The transcript includes an inconsistent reference to the property address (the executive-session announcement used "811 Kennedale Parkway" while the motioner later said "811 West Kendall Parkway"); this article uses the Kennedale spelling, consistent with the meeting context and local place-name usage.
The authorization requires the city manager to complete the purchase at the approved sum; the transcript does not record contingencies, a closing date, or whether any additional approvals are required from other bodies. The board took the vote immediately after the executive session and then moved on to consultant updates.
