Common Contracts

Binding Offer to Purchase Parcel F

Agreement of Purchase And • June 11th, 2015 • California

• Contract Type
  Agreement of Purchase And
• Filed
  June 11th, 2015
• Jurisdiction
  California

This Binding Offer is made pursuant to a competitive process that included a notice of auction, review of certain materials about the Transbay Parcel F Property (without representation or warranty by the TJPA), site inspection, prequalification of bidders, submission of questions and requests for clarification and review of responses to same, and review of bid and purchase documents (“Request for Bids”). The Request for Bids established a date by which qualified bidders would submit to the TJPA a written bid package for the purchase of the Transbay Parcel F Property. The written bid package was required to include a complete and fully-executed Binding Offer and Purchase Agreement, in the forms provided by the TJPA, indicating the amount of Bidder’s binding offer to purchase the Transbay Parcel F Property. The amount of the binding offer must exceed the Minimum Bid Price established by the TJPA. The Minimum Bid Price is One Hundred Sixty Million Dollars ($160,000,000). Bidder has submit