25-1331

Discussion and action on a Resolution authorizing the City Manager, or designee, to effectuate the purchase and closing of the property commonly known as 315 West Overland Avenue, El Paso, Texas, and legally described, in part, as a portion of Block 31, Mills Addition, including any and all improvements located on the property, for $1,988,991.00. 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 to ensure the purchase and closing of the property.

Other Business Agenda Ready Introduced October 22, 2025

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