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25-3387A

A resolution (1) declaring approximately 55,236 square feet of improved subsurface land unwanted and unneeded, located near the intersection of Patterson and North Akard Streets, and authorizing its advertisement for sale by public auction or through a real estate brokerage service; (2) establishing a reserve for the auctioned surplus property; (3) authorizing a Purchase and Sale Agreement to be prepared for the auctioned surplus property receiving highest qualified bid that meets or exceeds the reserve or the highest cash offer; and (4) authorizing the conveyance of a deed in a form acceptable to City Attorney - Estimated Revenue: TBD - Real Estate Market to determine the value

CONSENT AGENDA Approved Introduced November 16, 2025
Committee
Department of Facilities and Real Estate Management
Requested by
Department of Facilities and Real Estate Management (FRM)
Introduced
November 16, 2025
On agenda
December 10, 2025
Enactment no.
25-1866; APPROVED

Where it was heard

City Council Dec 10, 2025