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File #: 210509    Version: Name: Purchase Option Agreement - Prologis, L.P. - 1236 Carroll Avenue - Not to Exceed $180,000
Type: Resolution Status: Passed
Introduced: 5/4/2021 In control: Clerk of the Board
On agenda: Final action: 5/28/2021
Enactment date: 5/28/2021 Enactment #: 246-21
Title: Resolution approving a Purchase Option Agreement between the City and County of San Francisco and Prologis, L.P. that provides the City with a unilateral right to exercise an option to purchase property located at 1236 Carroll Avenue at any time prior to June 1, 2022, subject to a series of preceding actions, including satisfying any conditions or requirements under the California Environmental Quality Act, and future legislation being adopted by the Board of Supervisors to authorize the City’s exercise of the option and purchase of the property; and authorizing the Director of Property to make modifications and take actions in furtherance of this Resolution, as defined herein, and the Purchase Option Agreement.
Sponsors: Mayor, Shamann Walton
Attachments: 1. Leg Ver1, 2. DRAFT Purchase Option Agrmt, 3. RED Ltr 050421, 4. Referral on Envir Review 051121, 5. CEQA Determination 051121, 6. BLA Report 051921, 7. Comm Pkt 051921, 8. Form 126, 9. Leg Ver2, 10. Board Pkt 052521, 11. Leg Final, 12. Form 126 Final
Legislation Details
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