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Little Elm ISD board adopts resolution to sell surface rights to ~60‑acre Oak Point parcel
Summary
The board declared about 60 acres in Oak Point surplus and authorized sale by sealed bid to Tower Land & Investment Company; trustees voted 7–0 to approve the resolution and authorized the superintendent and president to execute documents required by the contract.
The Little Elm ISD Board adopted a resolution declaring the surface only of approximately 60 acres located at Yacht Club Road in Oak Point (Lots 17 and 18, Hunters Ridge Addition; Denton CAD property IDs 184835 and 189088) surplus to the district’s needs and authorized sale by sealed bid. The minutes state the highest sealed bid was submitted by Tower Land & Investment Company; Trustee Jason Olson read the resolution and moved its adoption, with Vice President DeLeon English seconding. The motion carried 7–0.
The adopted resolution instructs the superintendent to negotiate and execute a contract to sell the property and authorizes the board president to sign the deed once contract conditions are satisfied. The resolution references Texas Local Government Code Section 272.001 and confirms the board posted required public notice under Chapter 551, Texas Government Code. No sale price or specific contract terms are listed in the public minutes.
