Approve and authorize the Chairman to execute and direct the Director of the General Services Department, or their designee, to deliver, the County’s Purchase and Sale Agreement (“Purchase Agreement”) with 7355 N. Palm Avenue, LLC, a California limited liability company, as to an undivided 77% interest and Assemi Investments, LLC, a California limited liability company, as to an undivided 23% interest (“Seller”) for the County’s purchase of 650 O Street and 705 P Street, Fresno, California 93721 (APNs 468-183-18U and 468-191-19U), including the buildings and improvements (“Property”) for the sum of $25,000,000 with an expected close of escrow date of July 7, 2026; Authorize and direct the Director of the General Services Department, or their designee, to take actions deemed necessary or appropriate, all of which shall be consistent with the Purchase Agreement and the foregoing Board approvals and actions, to: a. Open, carry out, and close escrow for the County’s purchase of the Property from the Seller; deliver the County’s refundable $100,000 deposit into escrow; deliver the County’s acceptance of Seller’s Grant Deed; and obtain title insurance in favor of the County for the Property in the amount of the purchase price of the Property at the close of escrow; and b. Review, approve, execute, and/or deliver any agreements, documents, certificates, notices, instruments, and any amendments to any of the foregoing (subject to prior review as to legal form by County Counsel and, as applicable, as to accounting form by the Auditor-Controller/Treasurer-Tax Collector), and to take any other actions to initiate, carry out, and finalize the County’s purchase of the Property from the Seller; Adopt Budget Resolution increasing the FY 2025-26 appropriations for Hall of Records Improvement Org 8861 in the amount of $25,050,000 (4/5 vote); and Adopt Budget Resolution increasing the FY 2025-26 appropriations and estimated revenues for County Buildings Org 0131 in the amount of $25,050,000 (4/5 vote)

Agenda Item Consent Agenda Introduced March 17, 2026

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Committee: General Services
Requested by: General Services
Introduced: March 17, 2026
On agenda: April 7, 2026
Passed: April 7, 2026
Enactment no.: Agreement No. 26-150, Resolution No. 26-128, Resolution No. 26-129