STRATEGIC PRIORITY: Core
AGENDA DATE: March 26, 2025
COUNCIL DISTRICT(S): 14
DEPARTMENT: Department of Facilities and Real Estate Management
EXECUTIVE: Donzell Gipson
______________________________________________________________________
SUBJECT
Title
Authorize (1) the acceptance of a land donation from Commerce and South Ervay Streets from Slaughter Partners, LP, CCS Commerce A, LLC and CCS Commerce B, LLC; and (2) negotiations of a tenant lease of approximately 2,500 square feet of improved land located near the intersection of Commerce and Ervay Streets for the 1607 Commerce Street Land Dedication Project - Not to exceed $2,000.00, plus closing costs and title expenses - Financing: General Fund
Body
BACKGROUND
This item authorizes (1) the acceptance of a land donation from Commerce and South Ervay Streets from Slaughter Partners, LP, CCS Commerce A, LLC and CCS Commerce B, LLC; and (2) negotiations of a tenant lease of approximately 2,500 square feet of improved land located near the intersection of Commerce and Ervay Streets for the 1607 Commerce Street Land Dedication Project. This property will be used for economic development purposes.
PRIOR ACTION/REVIEW (COUNCIL, BOARDS, COMMISSIONS)
This item has no prior action.
FISCAL INFORMATION
|
Fund |
FY 2025 |
FY 2026 |
Future Years |
|
General Fund |
$2,000.00 |
$0.00 |
$0.00 |
OWNERS/EXECUTIVES
Slaughter Partners, LP,
CCS Commerce A, LLC
CCS Commerce B, LLC
Stephen J. Rogers, President
Timothy S. Rogers, President
MAP
Attached