Purchase and Sale Agreement for Forest Knolls Affordable Housing

Board of Supervisors

Meeting Date: 11/17/2015

Preview

The Board will hear a request from the Community Development Agency to authorize the Board President to execute a purchase and sale agreement with the San Geronimo Valley Affordable Housing Association for real property at 6690 Sir Francis Drake Boulevard. The address is the location of the 20-unit Forest Knolls Trailer Court. The agreement contains all terms and conditions of the sale including a 60-day due diligence period and a closing date of no later than January 10, 2016.

Review

The Board authorized the Board President to execute the purchase and sale agreement.

Need more info? See the staff report about the purchase and sale agreement for the Forest Knolls Trailer Court property.

Contact: Leelee Thomas, Principal Planner, Community Development Agency

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