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<br />MINUTE ORDER <br />JOINT MEETING <br />CITY COUNCIL <br />REDEVELOPMENT AGENCY BOARD <br /> <br />April 27. 2009 <br />MO. 09-079 <br /> <br />CITY CLERK DEPARTMENT <br />Redwood City <br /> <br />DATE: April 28, 2009 <br /> <br />Attention: City Attorney <br />City Manager <br /> <br />SUBJECT: Purchase of Real Property commonly known as 1402 to 1450 <br />Maple Street. <br /> <br />AGENDA ITEM: 7B (304) <br /> <br />Meeting of the Council of the City of Redwood City on April 27, 2009. <br /> <br />Present: Council Members Aguirre, Bain, Hartnett, Ira, Pierce, and Mayor Foust <br /> <br />Absent: Council Member Vice Mayor Howard <br /> <br />The following motion was made, carried and entered on the Minutes <br /> <br />M/S Pierce/Ira to (1) approve the Agreement of Sale and Purchase between the <br />City of Redwood City ("City") and Lonestar California, Inc., a Delaware <br />corporation, an affiliate of CEMEX Corp (Seller, hereinafter referred to as <br />"CEMEX"); (2) authorize the City Manager to amend the purchase agreement <br />(except for price) in the event that issues arise during the feasibility and/or <br />escrow periods that require resolution via an amendment; (3) approve <br />Amendment No. 1 to the Professional Services Agreement, dated November 6, <br />2008, with the Sares Regis Group of Northern California, L. P. ("Consultant"); <br />and, (4) pprove the Brokerage Fee Agreement with NAI BT Commercial Real <br />Estate 'Broker"); <br /> <br /> <br />tion passed by a unanimous roll call vote by all those present. <br />