RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN PABLO APPROVING AND AUTHORIZING EXECUTION OF A PURCHASE AND SALE AGREEMENT WITH RUBY HILL PROPERTIES SP, LLC PERTAINING TO THE SALE OF THE 2023 VALE ROAD PROPERTY (PORTIONS OF APNs 417-180-006, 417-180-010 AND 417-190-013) FOR $4,500,000 WITH $4,200,000 PAID AT ESCROW AND A PROMISSORY NOTE FOR THE BALANCE WITH LIFELONG MEDICAL CARE REMAINING AS A LONG-TERM TENANT

What this record is

Held by

RUBY HILL Properties SP, LLC

Amount

$4.50M

Runs until

no end date published in this record

Type

purchase

Field

Health & social

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

Committee

City Council

Introduced

February 23, 2021

On agenda

March 1, 2021

Passed

March 2, 2021

Enactment no.

RES 2021-023