An Ordinance authorizing the conveyance of real property owned by the city of El Paso to MEP Electric Contracting Inc., for the purchase price of $22,000.00; such real property legally described as Lot 10, Block E, Santa Fe Addition, an addition to the City of El Paso, El Paso County, Texas.

The City of El Paso is authorizing the sale of a vacant, approximately 0.04-acre parcel of land located at 412 Charles Road (PID 309772), legally described as Lot 10, Block E, Santa Fe Addition, to MEP Electric Contracting Inc. for the purchase price of $22,000.00. The property has been deemed surplus and has no anticipated future use for city projects. The sale follows procedures outlined in the Texas Local Government Code, including marketing through a licensed real estate broker and listing on a multiple-listing service for at least 30 days. The property was vetted by the Capital Assets & Real Estate (CARE) Committee. The City Manager, or designee, is authorized to execute the sale and closing documents. The sale is expected to generate $22,000.00 in revenue for the City. The transaction is governed by a Contract of Sale, which includes an "as is" clause, and will be finalized via a Special Warranty Deed.