https://riversideca.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=6568059&GUID=CE4CB6EB-FA5B-40A0-8C18-37738655E96ALegistar15https://riversideca.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=6568059&GUID=CE4CB6EB-FA5B-40A0-8C18-37738655E96ACE4CB6EB-FA5B-40A0-8C18-37738655E96A-2024-08-30-05-15-45Title: Purchase, Sale and Development Agreement with Pelican Communities, LLC., for total sale price of $200, in lieu of receiving total value of the land of $1.83 million, the City will receive 60 dedicated parking stalls to support the Main Library at an estimated cost of $3.12 million, and title, escrow, and miscellaneous related closing costs for total not-to-exceed $10,000 shall be deducted from the $54,900 deposit, for City-owned vacant land, formerly known as the Downtown Terminal Property, for development of mixed-use student housing project at 3911 University Avenue and 3775 Fairmount Boulevard, identified as Assessor’s Parcel Numbers 214-252-019 and 213-261-029 (Community and Economic Development) (Ward 1) (10-minute presentation)Fri, 30 Aug 2024 05:15:45 GMT