STRATEGIC PRIORITY: Mobility Solutions, Infrastructure, and Sustainability
AGENDA DATE: September 25, 2019
COUNCIL DISTRICT(S): 7
DEPARTMENT: Department of Sustainable Development and Construction
EXECUTIVE: Majed Al-Ghafry
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SUBJECT
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Authorize an increase in the purchase price from Mustang Masonry, a trade style of S.D.S. Quality Masonry of Dallas, of approximately 72,525 square feet of land improved with multiple commercial buildings located near the intersection of Scottsdale Drive and Military Parkway in Dallas County, Texas for the Dallas Water Utilities Distribution Division Scottsdale Drive Project - Not to exceed $101,000.00, increased from $384,000.00 to $485,000.00 ($465,000.00, plus closing costs and title expenses not to exceed $20,000.00) - Financing: Water Construction Fund
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BACKGROUND
This item authorizes an increase in the purchase price from Mustang Masonry, a trade style of S.D.S. Quality Masonry of Dallas, of approximately 72,525 square feet of land improved with multiple commercial buildings located near the intersection of Scottsdale Drive and Military Parkway in Dallas County, Texas for the Dallas Water Utilities Distribution Division Scottsdale Drive Project. The location will be used as operations, fleet parking and storage for equipment and supplies that assist the Dallas Water Utilities Distribution Division in the maintenance of major water distribution lines from the water treatment plants and servicing all City of Dallas customers and to customer cities. The consideration is based on an independent appraisal. Relocation benefits are estimated to be $100,000.00.
PRIOR ACTION/REVIEW (COUNCIL, BOARDS, COMMISSIONS)
On September 12, 2018 City Council authorized acquisition from Mustang Masonry, a trade style of S.D.S. Quality Masonry of Dallas, of approximately 72,525 square feet of land improved with a vacant commercial building located near the intersection of Scottsdale Drive and Military Parkway for the Dallas Water Utilities Distribution Division Scottsdale Drive Project by Resolution No. 18-1255.
FISCAL INFORMATION
Water Construction Fund - $101,000.00 ($85,000.00, plus closing costs and title expenses not to exceed $16,000.00)
Resolution No. 18-1255 $384,000.00
Additional Amount (this action) $101,000.00
Total Authorized Amount $485,000.00
OWNER
Mustang Masonry, a trade style of S.D.S. Quality Masonry of Dallas
Nancy C. Stateler, President
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