HomeMy WebLinkAboutMINUTES - 04251989 - 1.55 1 ® S ✓v'
^TOBOARD OF SUPERVISORS
FROM: Phil Batchelor, County Contra
it
Costa
DATE . April 25 , 1989 C i
SUBJECT: WAIVER OF FIRST RIGHT OF REFUSAL WITH BUCHANAN OAKS �+� ���
PARTNERS FOR 2401 STANWELL DRIVE, CONCORD
SPECIFIC REQUEST(S) OR RECOMMENDATION(S) & BACKGROUND AND JUSTIFICATION
I. RECOMMENDATION
WAIVE the First Right of Refusal to purchase the property at
2401 Stanwell Drive, Concord, as requested by Buchanan Oaks
Partners, Lessor, in connection with a purchase proposal dated
April 10, 1989. The County shall retain the First Right of
Refusal for all future purchase proposals so long as the
County' s lease remains in effect.
II. FINANCIAL IMPACT
The waiver will have no financial impact on the County. If
the First Right of Refusal were to be exercised, the County
would be required to meet the proposed purchase price and
acquire the property within sixty days. Acquisition of this
property has not been budgeted.
III. REASONS FOR RECOMMENDATION/BACKGROUND
The Social Service Department leases only a portion of the
office complex at 2401 Stanwell Drive, Concord. It is
recommended that the right to purchase the entire property be
waived in connection with the current purchase proposal
because the Department has not made a decision to remain and
expand at this location.
CONTINUED ON ATTACHMENT: YES SIGNATURE:
RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE
APPROVE OTHER
SIGNATURE(SI:
ACTION OF BOARD ON APR 2 5 1989 APPROVED AS RECOMMENDED _� OTHER
VOTE OF SUPERVISORS
1 HEREBY CERTIFY THAT THIS IS A TRUE
UNANIMOUS (ABSENT AND CORRECT COPY OF AN ACTION TAKEN
AYES: NOES: AND ENTERED ON THE MINUTES OF THE BOARD
ABSENT: ABSTAIN: OF SUPERVISORS ON THE DATE SHOWN..
CC: ATTESTED APR 2 5 1989
County Administrator --
Lessor
Lessor (via L/M) PHIL BATCHELOR, CLERK OF THE BOARD OF
Social Service Department (via L/M) SUPERVISORS AND COUNTY ADMINISTRATOR
M382/7-83 BY--d ,DEPUTY
Orig: General Services Dept. -L/M 2401bdor. 489
Buildings and Grounds (via L/M) PLD:dp