Cayucos Sanitary District City of Morro Bay Purchase and Sale Agreement Jan 2026
Cayucos Sells Wastewater Plant Stake to City of Morro Bay
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Description
Cayucos Sanitary District approved a purchase and sale agreement selling its interest in the jointly owned Morro Bay wastewater treatment plant property and assets to the City of Morro Bay for $3,867,800.00. The transaction will close no later than 30 days after execution, with title work handled by First American Title Company.
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 no later than 30 days after January __, 2026
Renewal Date
2026-01-31
Renewal Info
No renewal; one-time property sale. The agreement provides for standard closing timelines and conditions, no extensions noted beyond 30 days.
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