lake elsinore
File #: ID# 19-164    Version: 1 Name:
Type: Council Consent Calendar Status: Passed
File created: 5/15/2019 In control: City Council / Successor Agency
On agenda: 5/28/2019 Final action: 5/28/2019
Title: Vacant Land Purchase Agreement and Joint Escrow Instructions for Four (4) Vacant Parcels on Sumner and Main Streets (APN’s 374-163-001; 374-163-002; 374-163-003; 374-163-004)
Attachments: 1. Vacant Land Purchase- SR, 2. Vacant Land Purchase - Exhibit A Site Map, 3. Vacant Land Purchase - Exhibit B Agreement
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Title

Vacant Land Purchase Agreement and Joint Escrow Instructions for Four (4) Vacant Parcels on Sumner and Main Streets (APN’s 374-163-001; 374-163-002; 374-163-003; 374-163-004)

 

Recommended Action

1. Approve the Vacant Land Purchase Agreement and Joint Escrow Instructions to purchase four (4) vacant parcels on Sumner and Main Streets (APN’s 374-163-001; 374-163-002; 374-163-003; 374-163-004) for $600,000; and,

2. Affirm staff’s execution of the Vacant Land Purchase Agreement and Joint Escrow Instructions and further authorize the City Manager or designee to execute such other ancillary documents as may be necessary to complete the purchase, in such final form as approved by the City Attorney.