Authorizing the City Manager to execute all necessary documents to purchase the “Surface Only” of three (3) parcels from North Laredo Industrial Park Ltd., being Tract (1) a 0.5528 of one-acre (24,078 square feet) parcel of land, located in the Tomas Sanchez Porcion Number 11, Abstract 279, Webb County, Texas, in the amount of $72,234.00, plus $30,000.00 in development credits. Tract (2) being a 1.368-acre (59,600 square feet) parcel of land, comprised of three parts, located in the Tomas Sanchez Porcion Number 10, Abstract Number 280, Blas Maria Diaz Porcion Number 9, Abstract Number 4, Webb County, Texas, in the amount of $151,980.00, plus $30,000.00 in development credits. Tract (3) being a 0.3935 of an-acre (17,139 square feet) parcel of land, located in the Tomas Sanchez Porcion Number 11, Abstract Number 279, Webb County, Texas, in the amount of $217,562.00. The City of Laredo will be responsible for 50% of closing costs at an estimated amount of $3,000.00 for all three parcels. Parcels being more particularly described and depicted in the attached exhibit “A”. Funding is available in the Capital Improvement Fund. Providing for an effective date.

What this record is

Held by

North Laredo Industrial Park Ltd 3 records across this site

Amount

$72K

Runs until

Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗

Type

purchase

Field

Real estate

real estate 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.

North Laredo Industrial Park Ltd also holds

An Ordinance of the City of Laredo, Texas, concerning a voluntary annexation request by Alejandro Ramos, on behalf of North Laredo Industrial Park, Lt… Laredo, TX Public Hearing and Introductory Ordinance concerning a voluntary annexation request by Alejandro Ramos, on behalf of North Laredo Industrial Park, Ltd… Laredo, TX

Committee

City Council

Requested by

Community Development

Introduced

March 1, 2024

On agenda

March 18, 2024

Passed

March 18, 2024

Where it was heard

City Council Mar 18, 2024 approve Pass

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