City of Sequin header
File #: 19-171    Version: 2 Name:
Type: Resolution Status: Passed
File created: 6/6/2019 In control: City Council
On agenda: 6/18/2019 Final action: 6/18/2019
Title: Resolution approving a promissory note between the City of Seguin and the Seguin Economic Development Corporation in the amount of $2,000,000.00 for the purchase of approximately 60.142 acres of land for economic development purposes; approving the SEDC expenditure for the land; and declaring an effective date - Joshua Schneuker, Director of Economic Development
Attachments: 1. 061119 SEDC Real Estate Purchase Memo, 2. Resolution approving a Promissory Note with the SEDC to buy 60 acres of land, 3. SEDC Resolution NO. 2019-05, 4. SEDCCityPromNoteBlumberg_FINAL

Title

Resolution approving a promissory note between the City of Seguin and the Seguin Economic Development Corporation in the amount of $2,000,000.00 for the purchase of approximately 60.142 acres of land for economic development purposes; approving the SEDC expenditure for the land; and declaring an effective date - Joshua Schneuker, Director of Economic Development