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
- Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
- Type
- amendment
professional services 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 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
Where it was heard
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