Discussion and action on a Resolution that the City Manager, or designee, is authorized to effectuate the purchase and closing of a 1.1720-acre parcel of property legally described as a portion of Tract 1, Section 32, Block 80, Township 1, TEXAS AND PACIFIC RAILWAY COMPANY SURVEYS, in the City of El Paso, El Paso County Texas including any and all improvements located on the Property for $612,612. Further, the City Manager or designee is authorized to: (1) execute a Contract of Sale with JPMorgan Chase Bank, National Association, Successor by Merger to Chase Bank of Texas, National Association, Trustee of the Wilma Donohue Moleen Foundation, (2) sign any and all documents related and/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) use the MPO Match funds and effectuate any budget transfers necessary to ensure the funds are obligated and fully expended in accordance with the funding requirements.
What this record is
- Held by
- JPMorgan Chase Bank 18 records across this site
- Amount
- $613K
- Runs until
- Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
- Type
- purchase
- Compared to
- $1.85M – $6.75M the middle half of 6 other JPMorgan Chase Bank contracts; median $6.23M — this one sits well outside that, which a longer term or wider scope will do, but is worth reading
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.
JPMorgan Chase Bank also holds
Request for approval of an escrow agreement with JPMorgan Chase Bank, N.A. for the Texas Water Development Board grant for the Kickerillo Mischer-Pres… Request for approval of an escrow agreement with JPMorgan Chase Bank, N.A. for the Texas Water Development Board grant for the Halls Aldine Westfield … Approval of a finalized Sale Agreement with JPMorgan Chase Bank for the acquisition of property located at 601 Main Street and the associated parcel o… Discussion and possible action regarding the annual Bank Fee Agreement between JPMorgan Chase Bank, N.A. and the Oklahoma County Treasurer. This agree… Authorize the City Manager, or Designee, to Negotiate and Execute Two Renewal Options Under the Professional Services Agreement with JPMorgan Chase Ba…All 18 records for JPMorgan Chase Bank →
- Committee
- City Council
- Requested by
- Capital Improvement Department
- Introduced
- December 17, 2024
- On agenda
- January 7, 2025
Where it was heard
City CouncilWatch what El Paso buys
This is one award. El Paso signs them continuously, and each one names a company and a date it runs out. Say what you sell and we will email you when the next one matches.
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