File #: PUR 18-022    Version: 1 Name:
Type: Purchase Status: Agenda Ready
File created: 7/2/2018 In control: City Council
On agenda: 7/10/2018 Final action:
Title: Consideration of and action on the purchase of real property located at 213 W. Helgra (Tr 147B Deer Park Outlots).
Attachments: 1. 213 Helgra Contract, 2. appraisal-213 helgra
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Title

Consideration of and action on the purchase of real property located at 213 W. Helgra (Tr 147B Deer Park Outlots).

Body

Summary: 

The City owns all of the property bounded by Center Street, Helgra, and 13th Street in Deer Park, except the property located at 213 W. Helgra, which is owned by Eddie Cope. Mr. Cope has offered to sell the property for the appraised value of $120,500. Copies of the proposed purchase contract and appraisal are attached.

In addition to the purchase price, the City would be responsible for paying closing costs. After acquisition, the City would contract for demolition of the structure.

Fiscal/Budgetary Impact: 

Funds are available in the General Government Contingency (Acct. #10-105-4510) for this expense. The land purchase would be charged to Acct. #10-105-4901. The closing costs and demolition expense would also be paid out if the General Government Contingency (Acct. #10-105-4510).

Recommended action

Approve the purchase of real property located at 213 W. Helgra.