26-1142A
Authorize (1) acquisition from The Arthur Clay Development Group, 2222 Sylvan Ave Project LLC , of approximately 36,685 square feet of land improved with a commercial building located near the intersection of Sylvan Avenue and West Commerce Street for the Fire Station No. 45 Relocation and Redevelopment Project - Not to exceed $5,126,000.00 ($5,100,000.00, plus closing costs and title expenses not to exceed $26,000.00); and (2) increase appropriations in an amount not to exceed $2,700,000.00 in the Fort Worth Avenue TIF District Fund - Financing: Fort Worth Avenue TIF District Fund *In alignment with Economic Development Incentive Policy.
- Committee
- Department of Facilities and Real Estate Management
- Requested by
- Department of Facilities and Real Estate Management (FRM)
- Introduced
- March 23, 2026
- On agenda
- April 8, 2026
- Enactment no.
- 26-0638; APPROVED