25-1330

Discussion and action on a Resolution authorizing the City Manager, or designee, to effectuate the purchase and closing of the property commonly known as 311 West Overland Avenue, El Paso, Texas, and legally described, in part, as a portion of Block 31, Mills Map Addition, situated within the corporate limits of the City of El Paso, El Paso County, Texas, including any and all improvements located on the property, for $864,800.00. Further, that the City Manager, or designee, is authorized to: (1) execute a Contract of Sale with Lynx Industries, Ltd. for the purchase of the property; (2) sign any and all documents related or necessary to effectuate the purchase and closing of the property; (3) exercise all rights and obligations as provided in the Contract of Sale; (4) sign any documents necessary to effectuate any rights or obligations in relation to the purchase and closing of the property; (5) sign any contract amendments provided that such amendments do not increase the purchase price; and (6) effectuate any budget transfers necessary for the purchase and closing of the property.

Other Business Agenda Ready Introduced October 22, 2025

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