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File #: MC 2018-129    Version: 1 Name:
Type: motion Status: Passed
File created: 5/22/2018 In control: City Council Meeting
On agenda: 7/18/2018 Final action: 7/18/2018
Title: Real Property Exchange: Maha, LLC Option Agreement
Attachments: 1. 1. RFCCA Real Property Exchange: Maha, LLC Option Agreement, 2. 2. AGMT Real Property Exchange: Maha, LLC Option Agreement

Title

Real Property Exchange: Maha, LLC Option Agreement

 

Summary Recommendation

Acquire the second of two parcels of real property located at 1230 S. 2nd Avenue through an exchange for surplus City-owned property along with payment of $90,000.00 by the City to Maha LLC in accordance with the terms of the attached Option Agreement.  Approval of this motion authorizes City staff to exercise the option. (Utilities) (Jay Simonton)