https://cityofmerced.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=5838396&GUID=3E4BDF43-098C-45FD-9300-B53DEAB443EBLegistar15https://cityofmerced.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=5838396&GUID=3E4BDF43-098C-45FD-9300-B53DEAB443EB3E4BDF43-098C-45FD-9300-B53DEAB443EB-2024-09-19-15-08-36Title: SUBJECT: Approval of a Proposed Purchase and Sale Agreement with Dkota Investments, Inc., for a ±3.1-Acre Site in the Airport Industrial Park for $434,005.70 Located at 157 Hawk Drive Also Known as APN 059-420-012 for the Construction of a Warehouse Building REPORT IN BRIEF Considers the terms contained in the Purchase and Sale Agreement for the disposal of a 3.1-acre in the Airport Industrial Park for $434,005.70 for the construction of an 11,478 square-foot warehouse building. RECOMMENDATION City Council - Adopt a motion: A. Approving the terms of the Purchase and Sale Agreement with Dkota Investments, Inc.; and, B. Appropriating $26,041 from the proceeds of the sale to pay for Real Estate Commission; and, C. Authorizing the City Manager or Deputy City Manager to execute the necessary documents.Thu, 19 Sep 2024 15:08:36 GMT