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File #: 2018-5447   
Type: Resolution Status: Approved
File created: 5/1/2018 In control: City Council
On agenda: 5/10/2018 Final action: 5/10/2018
Title: Consider a resolution authorizing the Mayor to execute a Real Estate Contract with Suzanne Shepard LLC and Frontera Pads Ltd for 2.00-acres of land located at 201 Sundance Parkway.
Indexes: 2014 General Obligation Bonds
Attachments: 1. Resolution, 2. Exhibit A

Title

Consider a resolution authorizing the Mayor to execute a Real Estate Contract with Suzanne Shepard LLC and Frontera Pads Ltd for 2.00-acres of land located at 201 Sundance Parkway.

 

Body

This real estate contract is for the purchase of 2.00-acres of land and is being purchased with the purpose of building a new fire station on this property.  This parcel of land is located in the La Frontera shopping center at 201 Sundance Parkway . The contract is attached as exhibit A to the resolution.

 

Cost: $950,000

Source of Funds:  2014 GO Bonds