NOTICE OF ADOPTION OF ORDINANCE NO. 746
STATE OF NEW MEXICO, COUNTY OF LOS ALAMOS
Notice is hereby given that the following Ordinance No. 746, was duly adopted and approved by the County Council of the Incorporated County of Los Alamos, State of New Mexico, on September 30, 2025. The full copy is available for inspection or purchase in the County Clerk’s Office: 1000 Central Avenue, Suite 240, during regular business hours.
Inclusive in the Ordinance are the following Terms of Sale:
1. Pursuant to the Purchase, Sale and Development Agreement on file with County Clerk’s Office, the Incorporated County of Los Alamos shall sell parcels of land comprising of approximately 21.92 acres known as Lot A-8-A, also known as 125 DP Road, Los Alamos, New Mexico 87544, (the “Real Property”).
2. The Real Property has an appraised value of Five Million Two Hundred Fifty Thousand Dollars ($5,250,000.00).
3. Time and manner of payments on sale: Upon approval by County Council and pursuant to the Purchase, Sale and Development Agreement on file with County Clerk’s Office.
4. The Amount of Purchase Price and Other Consideration: Five Million Five Hundred Thousand Dollars ($5,500,000.00).
5. Purchaser of the Property: Servitas, LLC.
6. Purpose of Municipal Sale: Disposition of real property to promote economic development within the County in accordance with the County’s authority to sell, lease, or exchange county-owned real property, including the improvements contained thereon, provided in Section 14-31(6) of the County Code of Ordinances and New Mexico State Statutes Section 3-54-1(b).
INCORPORATED COUNTY OF LOS ALAMOS ORDINANCE NO. 746
AN ORDINANCE AUTHORIZING THE SALE OF CERTAIN COUNTY-OWNED REAL PROPERTY LOCATED IN THE INCORPORATED COUNTY OF LOS ALAMOS GENERALLY DESCRIBED AS LOT A-8-A, ALSO KNOWN AS 125 DP ROAD, TO SERVITAS LLC
ADOPTED this 30th day of September 2025.
Council of the Incorporated County of Los Alamos
By: /s/ Theresa Cull, Council Chair
Attest: /s/ Michael D. Redondo, County Clerk
PUBLISHED IN THE LOS ALAMOS DAILY POST THURSDAY OCTOBER 9, 2025