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25-49

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.

Other Business Agenda Ready Introduced December 17, 2024

What this record is

Held by
JPMorgan Chase Bank 13 records across this site
Amount
$613K
Runs until
no end date published in this record
Type
amendment
Field
Professional services

Read automatically from the title of the official record. The source document below is authoritative.

JPMorgan Chase Bank also holds

Discussion and possible action regarding the annual Bank Fee Agreement between JPMorgan Chase Bank, N.A. and the Oklahoma County Treasurer. This agree… Oklahoma County, OK Request by the Office of the Purchasing Agent for approval of an Interlocal Agreement - Tarrant County purchase on the basis of only quote and that th… Harris County, TX ends Dec 3, 2026 A resolution authorizing (1) an extension to the Credit Agreement with JPMorgan Chase Bank, National Association in support of the City of Dallas, Tex… $1.85M Dallas, TX ends Oct 24, 2026 Resolution authorizing an agreement with JPMorgan Chase Bank, Columbus, Ohio, for a procurement card program for Lake County, Illinois, for a two-year… Lake County, IL ends Jul 10, 2027 A resolution approving an Agreement with JPMorgan Chase Bank, N.A. to provide city departments general bank services, including revenue processing, di… $6.75M Denver, CO

All 13 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 Council Jan 7, 2025 Approve Pass