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Meeting Date:
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9/19/2024 - 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 - Second 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 Second Amendment is to extend the closing of escrow from September 15, 2024, to on or prior to December 31, 2024, due the approval from the City of San Jose and to secure funding.
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Funding:
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Recommendation:
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Staff recommends the Governing Board approve the Second 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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