The City of Dallas has declared approximately 17,647 square feet of improved land, located at the intersection of Marilla and South St. Paul Streets, as unwanted and unneeded for municipal use. This tract, which includes around 22,500 square feet of building improvements, will be advertised for sale by public auction with a reserve price set by City staff. The sale will proceed on an 'AS IS, WHERE IS, WITH ALL FAULTS' basis, without warranties, and is subject to all terms and conditions outlined by the City Council. The highest qualified bid that meets or exceeds the reserve will be accepted, with the City Manager authorized to execute a Purchase and Sale Agreement.
This sale represents a significant opportunity to convert unused city property into productive use, potentially spurring further economic development in the downtown area and providing revenue for the city's General Fund.