Laserfiche WebLink
OPTIONS: <br />l. Approve the agreement. <br />2. Delay approval of the agreement. <br />RECOMNIENDATION: Marion County is committed by prior intergovernmental <br />agreement and resolution to proceed with sale of a portion of the Senator Block to the transit <br />district, and in the event that the Courthouse Square project does not proceed to repay the <br />transit district, in effect repurchasing the real property. Execution of the agreement at this time <br />allows the parties to proceed with the project, and provides needed cash flow. The approval of <br />the agreement should be delayed only if the terms of this proposed agreement are <br />unacceptable, and further negotiations are needed. <br />Enclosure: Agreement of Purchase and Sale and Joint Escrow Instructions <br />cc: Randy Curtis, General Services Director <br />Ken Roudybush, County Administrator <br />David Hartwig, Risk Manager <br />