Victoria County officials spend more than quarter-million on justice of the peace office
April 28, 2014 at 4:04 p.m.
Updated April 27, 2014 at 11:28 p.m.
Justice came with a high price Monday at the Victoria County Commissioners Court meeting.
Commissioners voted to spend $320,000 to purchase a building at 2604 Mockingbird Lane for the Precinct 4 justice of the peace office, which they currently have under a 10-year lease.
According to county appraisal records, the building's appraised value was $235,810 in 2013.
County Judge Don Pozzi described the sale as "a hell of a deal."
"We think it's a great business transaction that ultimately saves money for the county," Pozzi said.
The county's current lease agreement for the space is $2,730 monthly or $32,760 annually. The Precinct 1 Justice of the Peace office is also under lease for $900 monthly, according to information from the county auditor's office.
By purchasing the entire building, which includes two other tenants, Pozzi said the county will see revenue from those tenants of about $1,500 monthly.
According to county appraisal records, Nails Solar owns suite A in the building, which is valued at $1,570.
The court has planned the past year to own all the justice of the peace offices rather than making lease payments for years to come, Pozzi said.
"We have no intention at this time to terminate any of the existing leases," Pozzi said.