lake elsinore
File #: ID# 19-032    Version: 1 Name:
Type: Report Status: Passed
File created: 2/21/2019 In control: City Council / Successor Agency
On agenda: 2/26/2019 Final action:
Title: Commercial Property Purchase Agreement and Joint Escrow Instructions for 522 N. Poe Street (APN: 377-231-003)
Attachments: 1. Commercial Property Purchase - SR, 2. Commercial Property Purchase - Exhibit A, 3. Commercial Property Purchase - Exhibit B
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Title

Commercial Property Purchase Agreement and Joint Escrow Instructions for 522 N. Poe Street (APN: 377-231-003)

 

Recommended Action

1. Approve the Commercial Property Purchase Agreement and Joint Escrow Instructions to purchase the property at 522 N. Poe Street (APN 377-231-003) for $575,000.00.

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