The Caldwell City Council, on Tuesday, June 30, approved a resolution authorizing Mayor John Rychlik to enter into a purchase and sales agreement for a 10.33 acre property on State Highway 36, previously owned by Chmelar & Thompson Investments, for $700,000.
The appraised value of the property according to the Burleson County Appraisal District is $183,816, but an independent appraisal commissi…