Title
Ordinance - Third and Final Reading of an Ordinance Approving the Sale of Certain Real Property Described as Lot 18R1 Block 5, Hillcrest Addition, Also Known As 801 Stell Avenue, Lot 18R2 Block 5, Hillcrest Addition, Also Known As 315 McKown Drive, Lot 9 Block 7, Hillcrest Addition Also Known As 416 McKown Drive, Mansfield, Texas to Jennifer Belz for $48,000 for Each Property Listed for a Total Sum of $144,000
Requested Action
Consider Approving Ordinance to sell the three listed properties to Jennifer Belz for $48,000 each for a total sum of $144,000
Recommendation
Approve Ordinance
Description/History
The City-owned property at 801 Stell Ave., 315 McKown Dr. and 416 McKown Dr. was listed with a multiple-listing service for more than 30 days as required by law. The city received several offers on one, two or all three lots. Ms. Belz was the highest cash offer for all three lots, and has agreed to the language proposed by Council in the sales contract.
Justification
The City desires to sell these city-owned properties for re-development in this area.
Funding Source
N/A
Prepared By
Shelly Lanners, Deputy City Manager
shelly.lanners@mansfieldtexas.gov
817-276-4265