Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Private Sale/Redevelopment Purpose: Redevelopment into a convenience store Entity Name: 7-Eleven, Inc., a Texas Corporation Entity Address: 3200 Hackberry Road, Irving, Texas 75063 Sale Amount: $306,000.00 Cost Basis: ( ) $0.00 PSF (X) Negotiated ( ) N/A ( ) Other: Assessed Amount: $306,000.00 Appraised Amount: $0.00 Contract Period: Construction to commence no later than 90 days after closing and be completed no later than 24 months after closing Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ (X) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a List of Property: (Address/Block/Lot/Ward) 295 Lyons Avenue/Block 3051/Lot 24/South Ward 297-299 Lyons Avenue/Block 3051/Lot(s) 25,26/South Ward 301 Lyons Avenue/Block 3051/Lot 27/South Ward 303 Lyons Avenue/Block 3051/Lot 28/South Ward 119-121 Aldine Street/Block 3051/Lot(s) 22,23/South Ward Additional Information: