26-1418A
Authorize an amendment to Resolution No. 25-0665, previously approved on April 23, 2025, declaring approximately 217,911 square feet of improved land together with approximately 228,322 square feet of building improvements unwanted and unneeded, located near the intersection of North Stemmons Freeway and West Mockingbird Lane, 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 $150,000.00 (Including Title Policy and Survey cost expended) - Not to exceed $150,000.00 - Financing: Building Inspection Fund
What this record is
- Amount
- $150K
- 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.
- 26-0745; APPROVED