26-607A
Authorize termination of a ninety-nine year ground lease agreement, including the exercise of the right of eminent domain if such becomes necessary; from Retail PropCo Borrower, LLC, of a tract of land containing approximately 26,666 square feet located near the intersection of Cedar Springs Road and Oak Lawn Avenue for the Fire Station No. 11 Project - Not to exceed $79,000.00 ($75,000.00, plus closing costs and title expenses not to exceed $4,000.00) - Financing: Public Safety Facilities (F) (2024 General Obligation Bond Fund)
- Committee
- Department of Facilities and Real Estate Management
- Requested by
- Department of Facilities and Real Estate Management (FRM)
- Introduced
- February 4, 2026
- On agenda
- February 25, 2026
- Enactment no.
- 26-0437; APPROVED