SALE OF REAL ESTATE

The El Paso Water Utilities Public Service Board (EPWater) is soliciting bids for the sale of approximately 600 acres of real estate located in the City of El Paso, El Paso County, Texas. The minimum acceptable bid amount is $5,920,000, and the successful bidder must pay all closing costs, including title insurance, advertising, appraisals, and survey fees. The property will be sold "as is," and the successful bidder will be responsible for conducting their own archeological and environmental surveys. The development of the property will be subject to the City of El Paso Municipal Code requirements, and the successful bidder will be required to grant easements to EPWater at no cost for stormwater and drainage purposes. • The property is located in the City of El Paso, El Paso County, Texas. • The minimum acceptable bid amount is $5,920,000. • The successful bidder must pay all closing costs, including title insurance, advertising, appraisals, and survey fees. • The property will be sold "as is." • The successful bidder will be responsible for conducting their own archeological and environmental surveys. • The development of the property will be subject to the City of El Paso Municipal Code requirements.