Title
Consider a memorandum/resolution authorizing the conveyance of properties located at 414 and 511 N. 4th Street by donation deed to Bell County.
Summary
DATE: January 3, 2023
TO: Kent Cagle, City Manager
FROM: Edwin Revell, Executive Director of Development Services
SUBJECT: Donation Deed to Bell County for property located at 414 and 511 N. 4th St.
BACKGROUND AND FINDINGS:
The former First National Bank Texas relocated its bank facilities to its new location at 901 E. CTE, which officially opened on March 16, 2022, and allowed the property located at 507 N. Gray Street to be redeveloped.
On December 13, 2022, the City Council approved a memorandum/resolution authorizing the conveyance of 507 N. Gray St. by donation deed to Bell County for a proposed Bell County facility.
The County also believes it will need the existing off-site parking at 414 and 511 N. 4th Street to ensure sufficient parking for the proposed facility. The purpose of this item is to convey the
off-site parking lots to Bell County. City staff is currently working on a shared parking agreement to allow use of the parking lots by the City on nights and weekends.
THE ALTERNATIVES CONSIDERED:
1. Do not authorize donation deed to Bell County for property located at 414 and 511 N. 4th Street to allow for parking for the proposed Bell County annex facility.
2. Authorize conveyance of property located at 414 and 511 N. 4th Street by donation deed to Bell County to allow for parking for the proposed Bell County annex facility.
Which alternative is recommended? Why?
Staff recommends that City Council authorize the conveyance of property located at 414 and 511 N. 4th Street by donation deed to Bell County to allow for parking for the proposed Bell County annex facility to be used for public purposes.
CONFORMITY TO CITY POLICY:
Yes. The City has a commitment to bring in new development in the North Killeen and downtown areas.
FINANCIAL IMPACT:
What is the amount of the expe...
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