City of Albuquerque
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File #: EC-22-160   
Type: Executive Communication Status: In Committee
File created: 10/17/2022 In control: Finance & Government Operations Committee
Final action:
Enactment date: Enactment #:
Title: Declaring a Portion of Tract 433 Atrisco Grant Unit 3 Not-Essential For Municipal Purposes
Attachments: 1. EC-160



INTER-OFFICE MEMORANDUM September 26, 2022

TO: Isaac Benton, President, City Council

FROM: Timothy M. Keller, Mayor

SUBJECT: title
Declaring a Portion of Tract 433 Atrisco Grant Unit 3 Not-Essential For Municipal Purposes
body

The Department of Municipal Development has requested that the above-referenced property be sold.

The Department of Municipal Developments purchased the property in 1996 by Public Works for a Leavitt Water Reservoir Site. The property contains approximately 1.7979 acres or 78,317 sq. ft. and is no longer needed as a Leavitt Water Reservoir Site. The property is zoned R-1. As the department no longer needs it, it is a drain on City resources. If declared not essential for municipal purposes, the property will be sold, and the remaining proceeds will go back into the Department of Municipal Development's funds.

The property was offered to all City departments, and no other department expressed interest or identified a municipal purpose for the property.

Jim Foley established the estimated market value of the property, MAI, SRA, General Certified Appraisal, appraised the property on April 15, 2018, and the appraised value is Seventy Thousand Dollars ($70,000).

The Real Property Review Board met on August 2, 2018, and recommended the above-referenced property be declared not essential for municipal purposes.



Declaring S'LY 280 FT OF TRACT 434 ATRISCO GRANT UNIT 3 CONT 1.31 AC and
S'LY PORTION OF TRACT 433 ATRISCO GRANT UNIT 3 CONT 0.4879
located and 90th and San Ygnacio
Not-Essential for Municipal Purposes





Pursuant to ?5-2-2, City Council may determine property over $10,000 in value as not essential for municipal purposes. Therefore, it is requested that Council declare the property not essential for municipal purpose.





Approved: Approved as to Legal Form:



_______________________ ____________________________
Lawrence Rael Date Lauren Keefe ...

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