25-515
Adopt a resolution: A) Declaring the Board of Supervisors’ intent to purchase the real property described as 601 Allerton Street, Redwood City, identified as San Mateo County Assessor’s Parcel Number 052-331-120 (“Property”), for a total purchase price of $6,300,000; 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 owner of the Property, PREMIA 601, LLC (“Seller”), for the County’s acquisition of the Property; and C) Authorizing the County Executive or their designee to execute the Certificate of Acceptance upon satisfaction of certain conditions in escrow, to be recorded with the grant deed transferring title to the property to the County, as well as any and all notices, escrow instructions, and documents required to facilitate the purposes of the Agreement.
What this record is
- Held by
- Property, PREMIA 601, LLC
- Amount
- $6.30M
- Runs until
- no end date published in this record
- Type
- purchase
- Field
- Real estate
Read automatically from the title of the official record. The source document below is authoritative.
- Committee
- COUNTY EXECUTIVE
- Requested by
- COUNTY EXECUTIVE
- Introduced
- May 14, 2025
- On agenda
- June 10, 2025
- Passed
- June 10, 2025
- Enacted
- June 10, 2025
- Enactment no.
- Resolution-081228