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Meeting Date:
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3/6/2025 - 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 - Fourth 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 Fourth Amendment is to extend the closing of escrow from January 31, 2025, to on or prior to May 31, 2025, due the approval from the City of San Jose Planning Commission.
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Funding:
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Recommendation:
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Staff recommends that the Governing Board approve the Fourth 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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