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File #: 16-3454    Version: 1 Name: CED - Pelican Communities-12-13-2016
Type: City Council Status: Agenda Ready
File created: 11/17/2016 In control: City Council
On agenda: 12/13/2016 Final action: 12/13/2016
Title: Successor Agency to Redevelopment Agency - Development Committee recommends Oversight Board adopt resolution approving Purchase and Sale Agreement with Pelican Communities, LLC, for $1,450,000 and not-to-exceed $10,000 for title, escrow, and miscellaneous closing costs for purchase of property located at 3575-3661 Merrill Avenue identified as Assessor’s Parcel Numbers 225-140-001, -002, -003, -004, -005, and -006 for construction of mixed use multi-family housing and commercial development project (Ward 3)
Attachments: 1. Report, 2. Resolution, 3. Draft Elevation, 4. Agreement