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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

ITEMS FOR INDIVIDUAL CONSIDERATION Approved Introduced April 15, 2026

What this record is

Amount
$150K
Runs until
Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
Type
amendment
Field
Professional services

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.
26-0745; APPROVED

Where it was heard

City Council Apr 22, 2026

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