Fort Bend County Purchases Lakeview Auditorium from FBISD
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Description
Fort Bend County approved the purchase of the Lakeview Auditorium property from Fort Bend Independent School District for $565,000. The sale includes a 1.5-acre parcel in Sugar Land, TX and is subject to a 60-day feasibility period, closing conditions, and shared-use agreement. Commissioners Court authorized the discretionary exemption and funding for this acquisition.
Contract Details
Contract Amount
$565,000.00
Vendor
FORT BEND INDEPENDENT SCHOOL DISTRICT
Agency
ALIANA MANAGEMENT DISTRICT, TX
Contract Type
OTHER
Document Date
January 22, 2026
Contract Term
Feasibility period of 60 days after contract effective date; closing on or before 30 days after expiration of feasibility, or 7 days after curing objections; effective date no later than January 31, 2026
Renewal Date
2026-05-01
Renewal Info
No explicit renewal; closing contingent on expiration of feasibility period and approval of shared-use agreement. Subject to statutory and procedural approvals; additional documents to be executed as needed for due diligence and closing.
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