Cayucos Sanitary District City of Morro Bay Purchase and Sale Agreement Jan 2026
Cayucos Sells Wastewater Plant Stake to Morro Bay
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Description
Cayucos Sanitary District approved the sale of its ownership in the jointly owned Wastewater Treatment Plant and related assets to the City of Morro Bay for a total purchase price of $3,867,800. The agreement includes all of the District's interests and terminates the joint powers agreement upon closing, with the City taking full responsibility after transfer.
Contract Details
Contract Amount
$3,867,800.00
Vendor
CITY OF MORRO BAY
Agency
Cayucos Sanitary District, CA
Contract Type
OTHER
Document Date
January 1, 2026
Contract Term
Close of escrow to occur within 30 days after the effective date (January __, 2026)
Renewal Date
2026-01-31
Renewal Info
No renewal; one-time property sale and transfer. Close of escrow occurs within 30 days of agreement effective date. JPA terminates upon close.
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