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AI# 11539
Regular City Council Meeting
6.16.
04/25/2023:
Information
Agenda Item
Resolution - Right-of-Way:
Consider a resolution ratifying the act of the City Manager in executing, on behalf of the City of Lubbock, a Real Estate Sales Contract for the purchase of real property, by and between the City of Lubbock and Kyle W. and Kathleen A. Harold.
Item Summary
The acquisition of 1.302 acres of real property having a physical address of 3402 Upland Avenue, Lubbock, Texas and legally described, as BLK AK SEC 39 AB 228 TR A11, Lubbock County, Texas, will allow for the construction of the intersection of 34th Street and Upland Avenue within the scope of the 34th Street Upland Avenue to Milwaukee Avenue Bond Road Project.
The total consideration of $500,000 plus closing costs, is subject to final approval by the City Council and approval of title.
Fiscal Impact
The total cost of the parcel acquisition is $500,000 plus closing costs, and is funded in Capital Improvements Project 92318, 34th Street: Upland Avenue to Milwaukee Avenue - 22B.
Staff/Board Recommending
Erik Rejino, Assistant City Manager
Attachments
Resolution (u) - 3402 Upland Ave Contract
3402 Upland - Commercial Contract
Map - Block AK, Section 39
CIP 92813 Detail
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