File #: 130658    Version: 1 Name: Restated Option Agreement - Sale of Surplus Real Property in Mountain View to MV Urban Village Homes, LLC - $8,100,000
Type: Resolution Status: Passed
Introduced: 6/18/2013 In control: Clerk of the Board
On agenda: Final action: 7/19/2013
Enactment date: 7/19/2013 Enactment #: 232-13
Title: Resolution approving a Restated Option Agreement for the sale of surplus lands under the jurisdiction of the San Francisco Public Utilities Commission (SFPUC) located in Mountain View, Santa Clara County, California near the intersection of Whisman and Tyrella Avenues, to MV Urban Village Homes, LLC, a California limited liability company (Optionee), a joint venture between KMJ Urban Communities, LLC (KMJ), and SummerHill Homes, LLC (SummerHill) in the amount of $8,100,000, and reserving an easement to the SFPUC; authorizing the Director of Property or the SFPUC’s General Manager to execute documents, make modifications, and take actions in furtherance of this Resolution; and adopting findings that the transactions contemplated by the Restated Option Agreement are consistent with the City’s General Plan and with the Eight Priority Policies of City Planning Code, Section 101.1.
Sponsors: Mayor
Attachments: 1. Leg_Ver1, 2. Cat_Ex_121912, 3. Rest_Option_Agmt, 4. Form_126, 5. Comm_Packet_062413, 6. Board_Packet_070913, 7. Form_126, 8. Leg_Final
Legislation Details
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