Agenda Item
Meeting Date:
6/16/2022 - 7:00 PM  
Category:
Information and Study Items  
Type:
Action  
Subject:
Property Redevelopment: Exchange and Joint Escrow Agreement with Engstrom Properties, Inc. – Fire House  
District Priorities:
 
Enclosure:
 
File Attachment:
Exchange Agreement and Joint Escrow Instructions Firehouse Property.Updated.6.8.2022.PDF_3870936_1(DMS).PDF
 
Summary:
The District has been exploring options for the use or disposition of the property located at 720 Curtner Avenue in San Jose, also known as the Fire House property. On June 2,2022, the Board approved Resolution 21-22-08: Intent to Exchange Interests in Real Property. The District would like to complete a property exchange agreement with Engstrom Properties, Inc. The Exchange Agreement is authorized pursuant to sections 17536 and 17537 of the Education Code.  
Funding:
 
Recommendation
Staff recommends the Board approve and authorize the attached Exchange and Joint Escrow Agreement with Engstrom Properties, Inc.  
Approvals:
Recommended By:
Signed By:
Carlena Grandey - Administrative Assistant to the Superintendent
Signed By:  
Kristi Schwiebert - Superintendent