Planning, Program Development and Real Estate Committee Item VI-APurchase and Sale Agreement • November 30th, 2012
Contract Type FiledNovember 30th, 2012Metro proposes to enter into a purchase and sale agreement for the sale of a parcel of land at the south entrance to the Congress Heights Metro Station. The price is the greater of $3 million or the appraised value of the land as rezoned. The purchaser is an adjoining landowner who will consolidate the properties for development.