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10C Action Items 2017 0619
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10C Action Items 2017 0619
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6/14/2017 9:55:05 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agenda
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6/19/2017
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OB Reso 2017-04 PSA 1595 Washington Ave and 268 Parrott St
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\City Clerk\Successor Agency Oversight Board
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l) DAVID LANGON CONSTRUCTION <br />DEVELOPMENT <br />HOMEBUILDING <br />3189 DANVILLE BLVD <br />SUITE 245 <br />ALAMO, CALIFORNIA 94507 <br />MAIN: 925.946.1850 <br />LANGON CONSTRUCTION.COM <br />UC. NO. 723850 <br />March 22, 2017 <br />I am pleased to submit a revised proposal to purchase and develop the properties at: <br />1595 Washington Avenue, San Leandro <br />268 Parrott Street, San Leandro <br />A.Purchase Price & Terms <br />Purchase Price: $1,150,000- <br />Buyer to have 90 days for due-diligence <br />Close of escrow to be 30 days at end of due-diligence <br />Seller to grant buyer 1-30-day extension for $10,000- <br />Deposit of $10,000- to be placed into escrow within 3 days of signed PSA agreement <br />Within 7 days seller to provide buyer with any plans, reports and any other documents <br />in sellers possession <br />Offer is subject to buyer getting minimum approval of 28 units <br />Developer <br />David Langon Construction <br />3189 Danville Blvd., Ste. 245 <br />Alamo, CA 94507 <br />(925) 946-1850 <br />(510) 368-3263 <br />B. Development Team Qualifications <br />Firm Overview <br />David Langon Construction has built a reputation for timeless design, enduring <br />construction quality and community enhancement. The company currently specializes <br />in moderate to medium density in-fill housing through redevelopment or vacant land. <br />Each of our projects is unique by design, often setting a new standard in area housing <br />trends and environmental planning. <br />At the heart of our business, we seek (1) strong communication with local planning <br />agencies; (2) support of local residents; and (3) interest from qualified home buyers. <br />Toward this pursuit, every new project must meet our high standards for: <br />341
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