Common Contracts

1 similar Ground Lease and Purchase Agreement contracts

December 1, 2020 Rio Nuevo Multipurpose Facilities District Lease Amendment – 75 E. Broadway
Ground Lease and Purchase Agreement • November 25th, 2020

On December 13, 2016, Pima County entered into an agreement with the Rio Nuevo Multipurpose Facilities District to Lease, with an Option to Sell, County property located at 75 E. Broadway for the development of a Class A Office building with retail, parking and the option to include residential, if appropriate. Rio Nuevo selected the development team that included J E Dunn, Peach Properties, and Bog Creek Development. After J E Dunn presented concept and general plans meeting County requirements, Rio Nuevo exercised their option to purchase the parcel once the project was completed. That Lease/Purchase Agreement was approved by the Board on January 8, 2019 with specific performance deadlines included.

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