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FIN 2018-12-04 Item 2B - Discussion - Sale of Longacres Parcel
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FIN 2018-12-04 Item 2B - Discussion - Sale of Longacres Parcel
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1/14/2021 12:12:52 PM
Creation date
11/29/2018 9:04:26 AM
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Council Committees
Committees Date (mm/dd/yy)
12/04/18
Committee Name
Finance 2017-2020
Record Type
Agenda Packet
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INFORMATIONAL MEMO <br /> Page 4 <br /> Next steps <br /> Staff has communicated the current offer price differences to Pulte and Alliance and is waiting <br /> for Pulte to match the price offered by Alliance. If that happens, staff will return to Council <br /> seeking authorization to enter into exclusive negotiations with Pulte. <br /> FINANCIAL IMPACT <br /> This item would have no financial or budget impact at this time. If the City sells the property, it <br /> would receive revenue based on the final sale price. <br /> RECOMMENDATION <br /> This item is being provided as discussion only. <br /> ATTACHMENTS <br /> None <br /> 16 <br />
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