Adopt a resolution: A) Declaring the Board of Supervisors’ intent to purchase the real property located at 626 Walnut Street; 640 Walnut Street; and 648 Walnut Street in San Carlos, California (Assessor’s Parcel Numbers 050-131-060, 050-131-070 and 050-131-080) (“Property”), for a total purchase price of $8,000,000; and B) Authorizing the President of the Board of Supervisors to execute a Real Estate Purchase and Sale Agreement and Escrow Instructions (“Agreement”) with the owners of the Property, Dragonfly Assets C-50, LLC, a Delaware limited liability company (“Sellers”), for the County’s acquisition of the Property; and C) Authorizing the County Executive, or designee, to execute the Certificate of Acceptance and any and all notices, escrow instructions, and documents required to facilitate the purposes of the Agreement.
What this record is
- Amount
- $8.00M
- 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
- COUNTY EXECUTIVE
- Requested by
- COUNTY EXECUTIVE
- Introduced
- January 19, 2024
- On agenda
- February 13, 2024
- Passed
- February 13, 2024
- Enacted
- February 13, 2024
- Enactment no.
- Resolution-080169
Where it was heard
BOARD OF SUPERVISORSWatch what San Mateo County buys
This is one award. San Mateo County signs them continuously, and each one names a company and a date it runs out. Say what you sell and we will email you when the next one matches.
Free for 14 days, no card — and nothing charges itself: at day 14 the emails simply stop unless you choose to subscribe ($19 a month). One email when something matches, and nothing else. Unsubscribe from any of them. Searching stays free — it is public record.