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Packet 07182022
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Last modified
9/29/2025 2:28:36 PM
Creation date
7/14/2022 11:17:01 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agenda
Document Date (6)
7/18/2022
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Reso 2022-132 Town Hall Square PSA 5th Amnd - CC
(Amended)
Path:
\City Clerk\City Council\Resolutions\2022
Reso 2022-133 Town Hall Square PSA 5th Amnd - SA
(Amended)
Path:
\City Clerk\City Council\Resolutions\2022
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Sale Price: $2.1M (est. $850,000 to City/RDA) <br />Established:2017 <br />Due Diligence:12 months <br />Closing:(5) 12 month extensions -through 2023 <br />Amendments:Extended DD period (but not Closing period) with $25,000 <br />deposit to allow for time for: <br />Negotiate purchase of adjacent properties <br />Complete physical evaluation, including related to soils <br />Evaluate impact of environmental findings and changing economic conditions, materials <br />costs, etc. from the pandemic <br />Purchase and Sale Agreement
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