docketcity.com
A 24-197

a) Ratify Natividad Medical Center (NMC) Chief Executive Officer’s (CEO) exercise of a Right of First Refusal (ROFR) dated March 5, 2024 to purchase Valle Verde Medical Condominium Complex, 1326 Natividad Road, Suite C, also known as Unit A-3, Salinas, California 93906 (subject property) for $65,000 cash; and b) Authorize NMC CEO to sign “Disclosure Regarding Real Estate Agency Relationship” dated March 29, 2024 and “Commercial Purchase Agreement and Joint Escrow Instructions” dated March 24, 2024 (Purchase Agreement) for the subject property, subject to due diligence and inspections by County of Monterey (County) and acceptance of Seller’s counteroffer to extend timeline for Sellers to respond to County’s Purchase Offer; and c) Authorize the CEO of NMC and the Director of Public Works, Facilities and Parks (PWFP) and/or their respective designees to facilitate escrow for the subject property.

BoS Agreement Agenda Ready Introduced April 22, 2024

What this record is

Amount
$65K
Runs until
no end date published in this record
Type
purchase
Field
Health & social

Read automatically from the title of the official record. The source document below is authoritative.

Committee
Board of Supervisors
Requested by
Natividad Medical Center
Introduced
April 22, 2024
On agenda
April 30, 2024

Where it was heard

Board of Supervisors Apr 30, 2024