Common Contracts
1 similar Purchase and Development Agreement contracts
PROPERTY PURCHASE AND DEVELOPMENT AGREEMENT SUMMARYPurchase and Development Agreement • December 2nd, 2014
City: City of Camarillo (“City”) City’s Address: 601 Carmen Drive, Camarillo, California 93011 Property/Address: 2220 Ventura Boulevard, City of Camarillo, California (“Property”). The Property will be divided into an @ 22,000 SF parcel encompassing the existing building (“Building Parcel”) and an @ 25,400 SF parcel encompassing the existing parking area (“Parking Parcel”) VCTC: Ventura County Transportation Commission (“VCTC”) VCTC’s Address: 950 County Square Drive, Ventura, California 93003 Acquisition: VCTC proposes to acquire City’s real property interest in the Building Parcel by grant deed, and an easement interest for parking, ingress and egress to the Building Parcel over City’s adjacent parcel (“Parking Parcel”) Purchase Price: ONE DOLLAR ($1.00) Exhibits: Exhibit A – Legal Description of Property Exhibit B – Depiction of PropertyExhibit C – Description and Depiction of Building Parcel Exhibit D – Form of Grant DeedExhibit E – Form of Easement AgreementExhibit F – Description
