File #: CON 21-07    Version: 1 Name: PSA Sale of 19 acres to PRLG Holdings, LLC,
Type: Contract Status: Passed
File created: 4/22/2021 In control: City Council Regular Meeting
On agenda: 5/18/2021 Final action: 5/18/2021
Title: The Mayor and City Council shall discuss and possibly take action on approving a Purchase and Sale Agreement and Escrow Instructions with PRLG Holdings, LLC, for the sale of 18 acres generally located on the southwest corner of W. Smith Enke Road and N. Loma Road, for $1,182,264.00 and authorizing the City Manager to make minor amendments and execute any necessary documents related thereto.  Discussion and Action.  
Attachments: 1. Contract

TITLE

The Mayor and City Council shall discuss and possibly take action on approving a Purchase and Sale Agreement and Escrow Instructions with PRLG Holdings, LLC, for the sale of 18 acres generally located on the southwest corner of W. Smith Enke Road and N. Loma Road, for $1,182,264.00 and authorizing the City Manager to make minor amendments and execute any necessary documents related thereto.  Discussion and Action.  

 

AGENDA ITEM DESCRIPTION

The City desires to sell 18 acres of land generally located on the southwest corner of W. Smith Enke Road and N. Loma Road

 

STAFF RECOMMENDATION

Staff recommends approval of the Purchase and Sale Agreement and Escrow Instructions with PRLG Holdings, LLC