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Meeting Date:
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6/15/2023 - 7:00 PM
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Category:
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Information and Study Items
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Type:
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Action
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Subject:
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Property Redevelopment: Exchange and Joint Escrow Agreement with Silverado San Jose, Inc - Metzler A - First Amendment
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District Priorities:
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Enclosure
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File Attachment:
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Summary:
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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.
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Funding:
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Recommendation:
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Staff recommends the Governing Board approve the attached First Amendment to the Exchange and Joint Escrow Agreement with Silverado San Jose, Inc.
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Approvals:
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Recommended By:
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Signed By:
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Carlena Grandey - Administrative Assistant to the Superintendent
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Signed By:
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Kristi Schwiebert - Superintendent
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