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File #: 24-0489    Version: 1 Name: Approval to Extend the term of the Exclusive Negotiation for 730 3rd Street
Type: CC- Consent - Resolution Status: Agenda Ready
File created: 6/18/2024 In control: City Council
On agenda: 7/9/2024 Final action:
Title: RESOLUTION - APPROVAL TO EXTEND THE TERM OF THE EXCLUSIVE NEGOTIATION AGREEMENT AMONG THE CITY OF SANTA ROSA, BURBANK HOUSING DEVELOPMENT CORPORATION, AND 10 E STREET, LLC FOR THE REAL PROPERTY LOCATED AT 730 3RD STREET, SANTA ROSA, CALIFORNIA RECOMMENDATION: It is recommended by Real Estate Services that the Council, by resolution, approve an amendment extending the term of the Exclusive Negotiation Agreement dated January 19, 2024, among the City of Santa Rosa, Burbank Housing Development Corporation and 10 E Street, LLC, for an additional sixty (60) days, in order to reach agreement on a term sheet for the potential disposition and development of the real property located at 730 3rd Street, Santa Rosa, California, also known as Assessor Parcel Number 009-072-044 or White House Site (the “Property”).
Sponsors: Real Estate
Indexes: Exempt Project
Code sections: 15182 - Projects Pursuant to a Specific Plan, 15378 - Not a Project
Attachments: 1. Staff Report, 2. Resolution
Related files: 23-0667