City of Albuquerque
Planning Department
Real Property Division
Timothy M. Keller, Mayor
Interoffice Memorandum May 31, 2019
TO: Klarissa Peña, President, City Council
FROM: Timothy M. Keller, Mayor
SUBJECT:
title
Approving Real Estate Sale Agreement for Tract A-19-A Re-division of Tract A-19 Northeast Unit together with a portion of vacated Corona Drive NW, Town Of Atrisco Grant, Containing 39,465 square feet (0.906 acres)
body
The above referenced Property was declared Non-Essential for Municipal Purposes on June 4, 2018, City Council EC-18-96. An RFP was issued on the Property for the appraised value of Two Hundred Fifty Six Thousand and Five Hundred Dollars ($256,500.00). Casa Del Rey Ministries was the only bidder and submitted a successful bid for Two Hundred Sixty Five Thousand Dollars ($265,000.00). After expenses related to the sale of the Property, the remaining proceeds will go to the Department of Municipal Development.
City Council approval and consideration is requested to approve the Real Estate Sales Agreement.
Approved:
_________________________
Sarita Nair Date
Chief Administrative Officer
Recommended By:
Patrick Montoya Date
Director of DMD