TITLE
The Mayor and City Council shall discuss and take action to approve the Purchase and Sale Agreement with High Mark Investing, LLC, related to the sale of 2.29 acres of real property generally located at the southeast corner of N. White and Parker Rd and W Bowlin Rd, a portion of Assessor Parcel No. 502-03-012P, for $1,200,000.00 and authorizing the City Manager to execute this agreement, any future amendments to extend the Closing as he deems necessary and any closing documents related thereto. Discussion and Action.
AGENDA ITEM DESCRIPTION
The City desires to sell 2.29 acres of real property generally located at the southeast corner of N. White and Parker Rd and W Bowlin Rd, a portion of Assessor Parcel No. 502-03-012P, for $1,200,000.00
PRESENTER
This item will be presented by Rick Horst, City Manager
STAFF RECOMMENDATION
Staff recommends the approval of the Purchase and Sale Agreement and Escrow Instructions with High Mark Investing, LLC.