STRATEGIC PRIORITY: Sustainable
AGENDA DATE: August 13, 2025
COUNCIL DISTRICT(S): 8
DEPARTMENT: Dallas Water Utilities Department
EXECUTIVE: Dev Rastogi
______________________________________________________________________
SUBJECT
Title
Authorize acquisition from Ferris 45 Realty LLC., of a tract of land containing approximately 5.61 acres located on Blanco Drive near its intersection with Logistics Drive for the Cedardale Elevated Water Storage Tank Project - Not to exceed $787,000.00 ($780,000.00, plus closing costs and title expenses not to exceed $7,000.00) - Financing: Water Construction Fund
Body
BACKGROUND
This item authorizes the acquisition from Ferris 45 Realty LLC., of a tract of land containing approximately 5.61 acres located at 9701 Blanco Drive near its intersection with Logistics Drive in Dallas County. This property will be used for the construction of an elevated water storage tank to improve water pressure and provide adequate fire flow protection for current and future conditions in the Dallas Water Utilities Cedardale High pressure zone. The acquisition provides for the land required to construct the elevated storage tank.
The consideration is based on an independent appraisal. There are no relocation benefits associated with this acquisition.
PRIOR ACTION/REVIEW (COUNCIL, BOARDS, COMMISSIONS)
This item has no prior action.
FISCAL INFORMATION
|
Fund |
FY 2025 |
FY 2026 |
Future Years |
|
Water Construction Fund |
$787,000.00 |
$0.00 |
$0.00 |
OWNER/EXECUTIVE
Ferris 45 Realty LLC
Mohammad Hattab, Manager
MAP
Attached