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Real Estatepending

city-of-gresham-agenda-2024-12-09_10d.txt

Property acquisition and development agreement approved.

$1,430,000City of GreshamHMS DEVELOPMENTSDecember 9, 2024

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Staff seeks approval for the purchase of 18330 E Burnside Street for $1,430,000 and directs the Interim Director to proceed with closing consistent with the Purchase and Sale Agreement. Staff also seeks approval of the Disposition and Development Agreement for the Rockwood Sunrise Site between the GRDC and HMS Developments, LLC and Portland Opportunity Industrialization Center, Inc.

Contract Details

Contract Amount

$1,430,000

Vendor

HMS DEVELOPMENTS

Agency

City of Gresham, OR

Contract Type

Real Estate

Document Date

December 9, 2024

Contract Term

NA

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