Title
Authorize the City Manager to negotiate, finalize and execute an agreement for the donation to the City of the properties located at: (i) 3000 Lawson Road in Dallas County, Texas; (ii) 7501, 7505, 7506 and 7507 Shannon Loop, Seagoville, Texas; and (iii) 1301 Malloy Bridge Road, Seagoville, Texas, and, if the title and condition of such properties are acceptable to the City Manager, the City Manager is further authorized to accept the donation of such properties on behalf of the City and execute all closing documents necessary or advisable to finalize the donation of such properties to the City.
Body
Art Greenhaw, the owner of six undeveloped tracts of land listed below has offered to donate the properties to the City without condition. The properties are outside the Mesquite city limits.
Address City Zoning DCAD Value
3000 Lawson Road Dallas County Agricultural $4,000
7501 Shannon Loop Seagoville Commercial $6,450
7505 Shannon Loop Seagoville Agricultural $8,120
7506 Shannon Loop Seagoville Agricultural $7,710
7507 Shannon Loop Seagoville Agricultural $1,690
1301 Malloy Bridge Road Seagoville Commercial $2,100
The 2018 certified Dallas Central Appraisal District value of the properties is $30,070.00 and generates approximately $458.00 in MISD property tax revenue. If accepted, the total cost to the city would be approximately $2,600.00 in one-time closing costs. Cost for annual maintenance would be minimal, as the City will leave the property in its natural state. The City is interested in obtaining these properties in a flood plain land bank.
Recommended/Desired Action
Staff recommends Council accept the donation of the properties and authorize the City Manager to execute the property transaction subject to clear title, payment of all taxes and absent of any liens.
Attachment(s)
Property Owner Donation Letter
Location Map
Drafter
Sean Fox
Head of Department
Sean Fox