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Regular Items   9.
Legal Committee
Meeting Date:
01/22/2026
COMMITTEE:
Legal
CONTACT:
Hessel Yntema
CHAIR:
Will Cavin

ACTION REQUESTED:

Ordinance 26-XX: consider recommending to City Council approval to advertise and hold a public hearing on proposed Ordinance 26-XX: An Ordinance for the sale of Real Property and approval for the City of Roswell to enter into a Purchase and Sale Agreement with EquipmentShare.com Inc. (Jessica Vickers)

BACKGROUND:

Initiated by: Jessica Vickers

The property is located on Monksdale Road, Roswell, Chaves County, New Mexico.

FINANCIAL CONSIDERATION:

The total purchase price for the property shall be $99,760.00. This property was independently appraised at $99,760.00 ($8,000 per acre, 12.47 acres).

LEGAL REVIEW:

The City Attorney has reviewed the Purchase and Sale Agreement from EquipmentShare.com Inc., and this item has been submitted to legal for review.

BOARD AND COMMITTEE ACTION:

Legal Committee will be the first to consider this item.

STAFF RECOMMENDATION:

Proceed as presented.

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