RECOMMENDATION: Approve and authorize a Purchase and Sale Agreement between Ali Parzivand (Seller) and the City of Houston (Purchaser) for the purchase of approximately 30,248 square feet of land, being Lots 6-16 on Block 35 out of Washington Heights Section 2, located in Houston, Harris County, Texas 77088 (Parcel GY22-001) for the Houston Public Library (HPL) and appropriate funds.
SPECIFIC EXPLANATION: The General Services Department recommends approval of a Purchase and Sale Agreement between Ali Parzivand (Seller) and the City of Houston (Purchaser) for the purchase of approximately 30,248 square feet of land for a purchase price of $226,860 or $7.50 per square foot as determined by a survey plus additional acquisition expense. HPL desires to use the land for the new Northwest Regional Library across from Sylvester Turner Park.
The following is a breakdown of expected costs:
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$226,860.00
5,000.00
2,500.00
|
Purchase Price
Environmental Due Diligence
Estimated Survey Costs
|
|
2,500.00
|
Estimated Closing/other Costs
|
|
$236,860.00
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Total
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FISCAL NOTE: No significant Fiscal Operating impact is anticipated as a result of this project.
Capital Project Information: See attached Form A for a breakdown of capital costs.
WBS No.: E-000266-0002-2-01
DIRECTOR’S SIGNATURE/DATE:
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C. J. Messiah, Jr.
General Services Department
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Dr. Rhea Brown Lawson
Houston Public Library