Primary Department: County Engineer
Primary Department Head/Elected Official: Milton Rahman, PhD, P.E., PMP, CFM, ENV SP, County Engineer
Secondary Department: Commissioner, Precinct 4
Secondary Department Head/Elected Official: Lesley Briones
Regular or Supplemental RCA: Regular RCA
Type of Request: Contract - Amendment
Project ID (if applicable): 22104MF2HW01
Vendor/Entity Legal Name (if applicable): Mastra Investments, LLC
MWBE Contracted Goal (if applicable): N/A
MWBE Current Participation (if applicable): N/A
Justification for 0% MWBE Participation Goal: N/A - Goal not applicable to request
Grant Indirect Costs Rate (if applicable): N/A
Justification for 0% Grant Indirect Costs Rate (if applicable): N/A - Not a grant item
Request Summary (Agenda Caption):
title
Request for approval for the second amendment of the Purchase and Sale Agreement by Harris County, to extend the feasibility period and extend the closing date for the Precinct 4 Non-Project related ROW Sales, Abandonments & Disclaimers project, tract RTC Site - 2221 and 2223 West Loop South, UPIN 22104MF2HW01, Precinct 4.
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Background and Discussion:
The purpose of this extension is to provide sufficient time for due diligence to address ongoing repair cost estimates, finalize outstanding evaluations, and resolve any remaining project-related contingencies.
If approved, the feasibility period would be extended through December 31, 2025, with closing to occur no later than January 31, 2026. This adjustment ensures adequate time for both parties to complete due diligence and mitigate any potential roadblocks prior to final closing.
Expected Impact:
Approval of this extension would provide the buyer with the necessary time to complete due diligence and ensure that all repair obligations are fully understood prior to closing.
Alternative Options:
If the County does not extend the feasibility period, the sale will not proceed to close as scheduled under the existing terms.
County Strat...
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