AI- 22172
20.A.5.
CC REGULAR
- Meeting Date:
- 07/27/2010
- Submitted By:
- Darlene Betancourt, PURCHASING DEPT.
- Department:
- PURCHASING DEPT.
Information
CAPTION
Pursuant to Article 14 of the current lease agreement between Hidalgo County and Edinburg Real Estate Network, discussion and applicable action in connection with exercising County's Option to Purchase by giving notice to Lessor through a completed and executed Earnest Money Contract (form approved as Exhibit "C" in orginal Lease Agreement-attached hereto) for the price of $2,850,000.00 less any Base Rent paid through closing (as defined in Purchase Contract/Earnest Money Contract).
BACKGROUND
Fiscal Impact
- FISCAL YEAR:
- 2010
- ACCT. #:
- 0-1342-419-40-220-044-0-720
- FUNDS AVAILABLE Y/N?:
- Y
- MATCHING FUNDS Y/N?:
BUDGETARY IMPACT:
Available funds to cover purchase amount , as of 07/23/10. rcAttachments
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| Purchasing / Internal | msalazar | 07/23/2010 09:07 AM |
| Budget and Management | Erika Zamora | 07/23/2010 11:44 AM |
| Auditor's Office | lfong | 07/23/2010 02:21 PM |
- Form Started By:
- dbetancourt
- Started On:
- 07/23/2010 08:29 AM
- Final Approval Date:
- 07/23/2010