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24-3060

Authorize the Dallas Public Facility Corporation to (1) acquire, develop, and own Oakhouse at Colorado Phase 2, a mixed-income, multifamily development to be located at 909 East Colorado Boulevard; and (2) enter into a seventy-five-year lease agreement with Mintwood Real Estate, LLC or its affiliate, for the development of the Project - Estimated Revenue Forgone: General Fund $157,656,559.00 (For 75 years; see Fiscal Information)

CONSENT AGENDA Agenda Ready Introduced September 24, 2024

What this record is

Held by
Mintwood Real Estate, LLC
Runs until
September 24, 2029 3 years away date calculated from a contract term stated in the record, not quoted directly
Type
contract
Field
Real estate

real estate contracts in TX that end within a year →
Governments publish the end date in the award. That date is when the work goes back out to bid, and it is usually stated years ahead.

Read automatically from the title of the official record. The source document below is authoritative.

Committee
Department of Housing and Community Development
Requested by
Department of Housing and Community Development (HOU)
Introduced
September 24, 2024
On agenda
October 23, 2024

Where it was heard

City Council Oct 23, 2024

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