Review Agenda Item
Meeting Date: 12/19/2024 - 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 - Third Amendment
District Priorities:
Enclosure
File Attachment:
Amendment No 3 Silverado 12-6-24.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 Third Amendment is to extend the closing of escrow from December 31, 2024, to on or prior to January 31, 2025, due the approval from the City of San Jose Planning Commission.
Funding:
Recommendation: Staff recommends that the Governing Board approve the Third 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