Property acquisition and development agreement approved.
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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
More from HMS DEVELOPMENTS
More from City of Gresham
city-of-gresham-resolution-2024-12-10_2f1.pdf
city-of-gresham-agenda-2024-12-10_e98.pdf
city-of-gresham-agenda-2024-12-10_195.pdf
city-of-gresham-resolution-2024-12-10_b2f.pdf
city-of-gresham-agenda-2024-12-10_4c5.pdf
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