Fulshear City Council meeting 8/25/16, LAND DEAL VOTE
The land purchase approved tonight. 3 yes (Murdoch-motion, Ridge-second, Tristan), 2 no (Krenek, Gill).
Ms. Krenek stated she wants park but she feels the Council itself has not done their due diligence, Krenek has not seen the property. They were talking about another property for a long time and that is where Krenek did her due diligence. City has 1.35 mil park budget and we want to buy best park in the City and due diligence has not been done.
Mr. Gill stated he is all for park but he is not comfortable with a situation where until up Tuesday evening City was concentrated on one piece of land and yesterday morning he was told it is completely different deal and a completely different piece of property. He has not seen the land, it may be the best piece of land but at this time he does not have enough information to make a qualified decision on that land. He would like to spend 1.2 mil in the best interest of the City.
Mr. Murdoch stated this land is North of Primrose property and public would like this opportunity better than the other opportunity and that the contract is good. (Note Mr. Murdoch is a store planner with no legal experience).
Ms. Krenek, an experienced attorney, stated the contract is not perfect, there are things that are not appropriate at this contract as drafted and corrections and changes need to be made to that contract.
Mr. Tristan, a teacher with no legal experience, stated there is only one thing that is missing at the contract, to strike one point and that this contract is good and the value is under appraised value.
After the meeting Mr. Ridge shared with public the deal is for 15 acres for about $82,000.
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