26-1417A
Authorize an amendment to Resolution No. 25-0917, previously approved on June 11, 2025, declaring approximately 14.257 acres of improved land together with approximately 121,826 square feet of building improvements unwanted and unneeded located near the intersection of South Hampton Road and Perryton Drive, and authorizing its advertisement for sale by public auction or through a real estate brokerage service, to revise Section 6(b) to add subparagraph (vi) to provide that in the event the City elects to terminate the contract due to a determination that the property is needed for a public purpose, the City shall reimburse Buyer for customary due diligence expenses up to an amount not to exceed $250,000.00 (Including Title Policy and Survey cost expended) - Not to exceed $250,000.00 - Financing: General Capital Reserve Fund
What this record is
- Amount
- $250K
- Runs until
- no end date published in this record
- Type
- amendment
Read automatically from the title of the official record. The source document below is authoritative.
- Committee
- Department of Facilities and Real Estate Management
- Requested by
- Department of Facilities and Real Estate Management (FRM)
- Introduced
- April 15, 2026
- On agenda
- April 22, 2026
- Enactment no.
- 26-0746; APPROVED