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Council approves Resolution 452-25 allowing Medina Central Appraisal District to acquire property
Summary
The council approved Resolution 452-25 authorizing the Medina Central Appraisal District to acquire a building (Eighteenth Street listed as best option); the appraisal district extended its contract 60 days and estimated a worst-case annual cost increase of about $2,600.
The City Council approved Resolution 452-25 on March 24, allowing the Medina Central Appraisal District to proceed with acquisition of a property the appraisal district has under contract.
Mr. Jacobs told the council the appraisal district had presented earlier and had extended its contract by 60 days while doing due diligence. He said the district explored multiple options, including the ranch store, the library and potential land on the airbase, and that the Eighteenth Street building under contract appeared to be the board's preferred option. "I personally don't like spending that kind of money, but, we're at a point where we need to get something done," he said.
Mr. Jacobs said the appraisal district is working through financing and that financing appeared more favorable than earlier estimates. He told the council a high-end estimate for an annual increase would be about $2,600.
A council member (recorded in the transcript as Mr. Williams) moved to approve Resolution 452-25; Mr. Via seconded. The council voted in favor and the mayor announced the resolution was approved.
No amendments or conditions were recorded in the transcript. The item concluded with the council approving the resolution by voice vote.
