docketcity.com
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.

Resolution Passed Introduced May 14, 2025

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

Where it was heard

BOARD OF SUPERVISORS Jun 10, 2025 approved Pass