DEPARTMENT: Public Works
DEPARTMENT HEAD: Razi Hosseini, P.E., R.P.L.S.
COUNCIL DISTRICTS IMPACTED: Council District 6
SUBJECT:
Disposition of 56.934 acres of surplus property known as Southwest Business & Technology Park Unit-3
SUMMARY:
Ordinance declaring 56.934 acres of City owned property identified as Lots 6 -11, Block 9, NCB 11379 of the Southwest Business and Technology Park located at the northwest corner of Highway 151 and Enrique Barrera (Old Highway 90) in Council District 6 as surplus and authorizing its sale to Brazos De Santos Partners, Ltd. for a total disposition fee of $3,053,000.00 to be deposited in the General Fund.
BACKGROUND INFORMATION:
In 1999, the City approved a parcelization plan for 435 acres acquired as a result of a lawsuit settlement. The plan provided recommendations related to potential development and hired a real estate broker to market and sell the land. The 435 acres located north of Highway 90 were marketed as the Southwest Business and Technology Park. To date, all major properties but the subject 56.934 acres have been sold.
The 56.934 acres has continued to be advertised for sale in the Multiple Listing Service (MLS) with Providence Real Estate. In January 2020, the appraised value of the property was $3,053,000.00 as determined by an independent appraiser. The Planning Commission approved the item on September 23, 2020.
The City of San Antonio received an offer to purchase the 56.934 acres from the Brazos De Santos Partners, Ltd. in the amount of $3,053,000.00, on behalf of the Miller family, owners of the Bill Miller Bar-B-Q. Bill Miller Bar-B-Q intends to move their headquarters and operations to the subject 56.934 acres.
Under Municipal Code, all city-owned property must be declared as surplus before the property's disposition (sale). The request to declare a property as surplus is submitted to the Public Works Real Estate Division. The request and exhibits are then sent to departments and...
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