STRATEGIC PRIORITY: Core
AGENDA DATE: April 23, 2025
COUNCIL DISTRICT(S): 6
DEPARTMENT: Department of Facilities and Real Estate Management
EXECUTIVE: Donzell Gipson
______________________________________________________________________
SUBJECT
Title
Authorize acquisition from Lucia Estrada and Samuel Lozano, of approximately 3,316 square feet of land near the intersection of Poe and McPherson Streets for the West Dallas Gateway Project - Not to exceed $149,850.00 ($140,000.00, plus closing costs and title expenses not to exceed $9,850.00) - Financing: 2024B Certificates of Obligation Fund
Body
BACKGROUND
This item on behalf of the Department of Transportation and Public Works authorizes the acquisition from Lucia Estrada and Samuel Lozano, of approximately 3,316 square feet of land located near the intersection of Poe and McPherson Streets for the West Dallas Gateway Project. The property will be used for future road construction and infrastructure improvements. The consideration is based on independent appraisal. No relocation costs are associated.
PRIOR ACTION/REVIEW (COUNCIL, BOARDS, COMMISSIONS)
This item has no prior action.
FISCAL INFORMATION
|
Fund |
FY 2025 |
FY 2026 |
Future Years |
|
2024B Certificates of Obligation Fund |
$149,850.00 |
$0.00 |
$0.00 |
OWNERS
Lucia Estrada, Owner
Samuel Lozano, Owner
MAP
Attached