CITY OF EL PASO, TEXAS
LEGISTAR AGENDA ITEM SUMMARY FORM
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Details
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Members of the City Council, Representative Isabel Salcido, (915) 212-0005
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AGENDA LANGUAGE:
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Title
Discussion and action directing the City Manager to hire a local real-estate firm to conduct an inventory of all municipal real estate and provide a comprehensive report with recommendations for initiating the sale of surplus or underutilized properties. The objective of this item is to identify and sell non-essential municipal real estate to its highest and best use to generate revenue. Funds generated from these sales shall be allocated as follows:
• 75% to the General Fund to support city operations.
• 25% set aside specifically for street repairs and improvements.
This ensures a responsible, community-focused approach to maximizing municipal assets while prioritizing local expertise and reinvestment in critical infrastructure without putting a further burden on the taxpayer.
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