PUBLIC HEARING ON RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN PABLO APPROVING AN AGREEMENT BETWEEN THE CITY AND CAPITAL PARTNERS DEVELOPMENT COMPANY, LLC (“CAPITAL PARTNERS”), PROVIDING FOR: (1) THE SALE BY THE CITY AND THE PURCHASE AND REDEVELOPMENT BY CAPITAL PARTNERS OF THAT CERTAIN PROPERTY LOCATED AT 13831 SAN PABLO AVENUE FOR THE SALE PRICE OF $2,500,000; AND (2) THE DESIGN AND CONSTRUCTION BY CAPITAL PARTNERS OF A NEW CITY HALL ON CERTAIN REAL PROPERTY OWNED BY THE CITY, LOCATED ON GATEWAY AVENUE, COMPRISED OF APPROXIMATELY 2.50 ACRES AND CONSTITUTING A PORTION OF THAT PARCEL IDENTIFIED BY ASSESSOR’S PARCEL NUMBER 417-310-005, FOR A PRICE TO THE CITY OF $14,950,000

RESOLUTION Passed Introduced May 15, 2017

What this record is

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