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City of Buda lands Main Street propertyCity of Buda lands Main Street propertyhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=20542015-01-08T13:04:00Z2015-01-08T00:00:00Z

BUDA - Buda City Hall will have a new address, and so will the city’s public library and police department.

On Jan. 6, Buda City Council approved ratifying documents in connection with the $1.7 million purchase of 8.6 acres on Main St., near downtown. The city purchased the land from D.L. Jardine Foods, a food producer whose headquarters on Chisholm Trail is near the city’s Stagecoach Park.

The property is bound by Main St., E. Loop St., Chisholm Trail and Hawk Lane.

The city received the land for $4.53 per sf, which Ruge said was below market, as a property across the street sold for $4.81 per sf.

Mayor Todd Ruge was elated the city was able to find a “good property” for its new facilities, which will be funded by $27.8 million in bond money approved by voters in November.

“I think [the piece of property] really hit all the marks,” Ruge said. “It's important to have that Main St. address. This piece of land is going to help us build for the future.”

Community Impact Newspaper
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http://impactnews.com/austin-metro/san-marcos-buda-kyle/buda-lands-main-street-property-for-new-facilities/Read more at {Source}

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