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Lake Travis ISD approves purchase of 2.6633‑acre Hert tract for $655,000
Summary
The Board approved a negotiated settlement to buy approximately 2.6633 acres (Hert Tract) in Travis County for $655,000 and delegated authority to the superintendent or designee to execute closing documents; the motion passed 5-0.
The Lake Travis ISD Board voted to approve a negotiated settlement to purchase a tract of approximately 2.6633 acres out of the Joshua B. Sharpless Survey No. 365 (known in the minutes as the 'Hert Tract') for a total purchase price of $655,000. The motion authorized the Superintendent or designee to execute any documents necessary to effectuate the purchase and closing.
"A MOTION was made by Trustee Keely Cano and seconded by Trustee John Aoueille to approve the negotiated settlement for the purchase of a tract of land containing approximately 2.6633 acres ... for a total purchase price of $655,000.00," the minutes state. The motion passed by a vote of 5-0. The minutes record the board's delegation of closing authority but do not list a closing date or additional escrow terms in the public record.
