File #: 21-974   
Type: Regular Business Status: Agenda Ready
In control: City Council - Successor Agency - Housing Authority
On agenda: 9/21/2021 Final action:
Title: FOURTH AMENDMENT TO PURCHASE AND SALE AGREEMENT FOR WEST COYOTE HILLS NEIGHBORHOODS 1 AND 3
Attachments: 1. 092121 PR WCH Purchase Agreement Agenda Report, 2. 092121 PR WCH Purchase Agreement Fourth Amendment, 3. 092121 PR WCH Purchase Agreement First Amendment, 4. 092121 PR WCH Purchase Agreement Second Amendment, 5. 092121 PR WCH Purchase Agreement Third Amendment, 6. 092121 PR WCH Purchase Agreement Map, 7. 092121 PR WCH Purchase Agreement December 19, 2019 PSA

Title

FOURTH AMENDMENT TO PURCHASE AND SALE AGREEMENT FOR WEST COYOTE HILLS NEIGHBORHOODS 1 AND 3

Summary

City Council approved an agreement to purchase 24.1 acres (Neighborhoods 1 and 3) located in West Coyote Hills from Chevron / Pacific Coast Homes on December 17, 2019.  State and private grants will entirely fund the purchase.  This item involves minor changes to the existing agreement including a small reduction in the total purchase price.

 

Recommendation

Recommendation:

 

Authorize Acting City Manager to execute the Fourth amendment to the Purchase and Sale agreement with Pacific Coast Homes for the acquisition of 24.1 acres of open space on the east side of West Coyote Hills, known as Neighborhood 1 and Neighborhood 3, in a form approved by the City Attorney, reflecting non-substantial changes as recommended by State granting entities.