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(8) New high School $60462.00 (25%) Construction began 2-1-64
Band Hall ($25,850 Total Cost)
d. The City of Georgetown agrees timely to install, in accordance with
the Revised Urban Renewal Plan, the following facilities for which non-cash
grant-in-aid Credit is presently anticipated in the amounts shown:
(1) Demolition of Structure and Site Clearance $54,400
2) Site Grading 45,000
3 Street Grading to Sub Grade 73,741
4 Traffic Signs and Street Lights 25,047
5) Water Facilities 11,800
6) Electric System 101,631
7 Sanitary Sewer Facilities 24,387
The City agrees to provide funds for the payment of certain streets and
water lines which are either boundary facilities or facilities outside the
Project area. These facilities are to be installed by the -Urban Renewal
Agency and the identification and estimated cost to the City is as follows:
STREETS: Timber Street from 4th Street to South East Project Boundary.
17th Street along South Boundary and North Part of Bridge Street.
19th Street along South Project Boundary.
Estimated Cost
50% Paid by City
$17,696.00
8,848.00
Rucker Street, from Urban Renewal Area limits, 355'± Northerly
of West 19th Street to West 19th Street; and West 19th Street, from Rucker
Street to Urban Renewal Area limits, 70'+ Westerly of Rucker
Street; including the intersection of West 19th Street with
Rucker Street
$ 3,607.00
WATER LINES: 19th Street from Railroad to School Property line on
Boundary Street
Estimated Cost $ 585.00
DRAINAGE FACILITIES: That portion of Drainage Facilities outside
Project Area from 18th Street to 17th Street on Southwest Side
of Project.
Estimated Cost 3,000.00
In addition, the City of Georgetown anticipates Non -Cash Grant-in-aid Credit
for Parcel OL 1-1 to be donated to the Project by Williamson County, Texas,
presently estimated at $6,500, the fair market value of which to be estab-
lished by two appraisals.
The City agrees to accept from the Urban Renewal Agency Park Sites
KI, UI, VI, F10, F11, and E10 to be provided in the Urban Renewal Program
and to assume the responsibility of maintenance and upkeep of these Park
Areas.
The City agrees to contribute to the Project, either in the form of cash
or Non -Cash Grant-in-aid facilities, such amounts as shall be required to
cover any deficit in required Local Grant-in-aid which shall develop if the
Department of Housing and Urban Development shall not approve the full esti-
mated amount of Grant-in-aid Credit for the facilities itemized above and
to cover any deficits which shall exist or develop by failure to provide
any of the foregoing facilities at the indicated estimated cost thereof.
The City agrees to sell Parcels OL 5-10, OL 6-1, CPA 15 and CPA 16 to the
Urban Renewal Agency at the fair market value as evidenced by two acceptable
appraisals or in lieu thereof, consent to their condemnation.
The City agrees to vacate streets, alleys and other public rights-of-
way and to accept dedication of streets, alleys and other public rights-
of-way in accordance with the Revised Urban Renewal Plan.
The City agrees to enforce by proper action the provisions of all munici-
pal codes and ordinances relating to the health, welfare, safety, good living
conditions, and the prevention of slum blighted areas in the City of Georgetown,
and particularly in the attached described Urban Renewal Area and to continue
such enforcement in the interest of the continuing success of the Project.