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160645

Resolution authorizing the execution and acceptance of a Purchase and Sale Agreement by and between the City and Joan Spargo, in Trust, as Trustee of the "Stella Arnold 1987 Exempt Trust FBO Joan Spargo" dated April 4, 2001, as to an undivided 3/8 interest; Walter A. Arnold, in Trust, as Trustee of the "Stella Arnold 1987 Exempt Trust FBO Walter A. Arnold" dated April 4, 2001, as to an undivided 3/8 interest; Kenneth Musso, as to an undivided 1/12 interest; David Musso, as to an undivided 1/12 interest; and Arlene Ripley, as to an undivided 1/12 interest ("Seller"), for the real property located at 450 Sixth Street (Assessor’s Parcel Block No. 3759, Lot No. 043) for $2,403,333; and finding the proposed transactions are in conformance with the General Plan, and the eight priority policies of Planning Code, Section 101.1.

Resolution Passed Introduced May 31, 2016

What this record is

Amount
$2.40M
Runs until
Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
Type
purchase
Field
Real estate

real estate contracts in CA that end within a year →
Governments publish the end date in the award. That date is when the work goes back out to bid, and it is usually stated years ahead.

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

Committee
Clerk of the Board
Requested by
City Administrator
Introduced
May 31, 2016
Passed
July 6, 2016
Enacted
July 6, 2016
Enactment no.
263-16

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