Agenda Item
Meeting Date:
6/15/2023 - 7:00 PM  
Category:
Information and Study Items  
Type:
Action  
Subject:
Property Redevelopment: Exchange and Joint Escrow Agreement with Silverado San Jose, Inc - Metzler A - First Amendment  
District Priorities:
 
Enclosure:
 
File Attachment:
Final Update Silverado EA Amendment #1 6-10-23.pdf
 
Summary:
On March 17, 2022, the Governing Board approved Resolution 21-22-06: Intent to Exchange Interests in Real Property with Silverado Memory Care. The Exchange Agreement First Amendment is to extend the closing of escrow on or prior to September 15, 2024, due to timing of approval process with the City of San Jose.  
Funding:
 
Recommendation
Staff recommends the Governing Board approve the attached First Amendment to the Exchange and Joint Escrow Agreement with Silverado San Jose, Inc.  
Approvals:
Recommended By:
Signed By:
Carlena Grandey - Administrative Assistant to the Superintendent
Signed By:  
Kristi Schwiebert - Superintendent