ROSWELL NEW MEXICO
AGENDA ITEM ABSTRACT
AGENDA ITEM ABSTRACT
Item No. 25.
Regular City Council Meeting
- Meeting Date:
- 03/12/2026
COMMITTEE:
Legal
CONTACT:
C. Josh Nairn-Mahan
CHAIR:
Will Cavin
ACTION REQUESTED:
Ordinance 26-02: Hold a public hearing to consider adopting proposed Ordinance 26-02: 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. (Corn/Vickers)
BACKGROUND:
Initiated by: Jessica Vickers
The property is located on Monksdale Road, Roswell, Chaves County, New Mexico.
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.
BOARD AND COMMITTEE ACTION:
This item went before the Legal Committee on 1-22-2026 and it was advertised for a public hearing at the last City Council meeting on February 12, 2026.
STAFF RECOMMENDATION:
Proceed as presented.
Attachments
- Ordinance 26-02 Land Sale Equipmentshare
- Ordinance 26-02 Predetermination Communication (Exhibit A)
- Ordinance 26-02 PSA Fully Executed 12-2-2025 (Exhibit 1)
- Ordinance 26-02 Appraisal Sunset and Monksdale Land (Exhibit 2)
- Ordinance 26-02 Ordinance 24-03 Amending Chapter 2 (Exhibit 3)