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MFISD board approves sale of 1.5‑acre water tank property to City of Marble Falls; Superintendent authorized to finalize purchase agreement

Marble Falls Independent School District Board of Trustees · October 21, 2024
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Summary

The Marble Falls ISD Board approved a resolution to sell a 1.50‑acre property at 2101 Mustang Drive to the City of Marble Falls and delegated authority to Superintendent Dr. Jeff Gasaway to complete negotiations and execute a purchase agreement; each motion passed 6–0 with one absence.

The Board approved a resolution authorizing sale of MFISD property at 2101 Mustang Drive, described in the Burnet County deed records as 1.50 acres (Volume 353, Page 904), to the City of Marble Falls "for public purpose," and granted an access easement. Dr. Jeff Gasaway introduced the resolution. "Upon a motion by Kevin Virdell, second by Crystal Tubig the Board approved the resolution regarding the sale of real property to the City of Marble Falls, for public purpose, of the property located at 2101 Mustang Drive, Marble Falls, Texas, described as 1.50 Acres, more or less, fully described in Volume 353, Page 904, Deed Records of Burnet County, Texas, and granting of an access easement." The vote was recorded For: 6; Against: 0; Absent: 1.

The Board then authorized the Superintendent to finish negotiations with the City of Marble Falls and execute a purchase agreement in a substantially similar form approved by legal counsel, and authorized the Board President to execute a special warranty deed and access easement related to the property. That delegation passed on a motion by Crystal Tubig, second by Mandy McCary with a recorded vote of For: 6; Against: 0; Absent: 1. No further details of the purchase price or closing timeline were provided in the minutes.