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Meeting Date:
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3/13/2025 - 4:00 PM
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Category:
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CONTRACTS/RESOLUTIONS/AGREEMENTS - Consent
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Type:
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Action
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Subject:
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12.4 Release of Deposit and Cancellation of Initial Commercial Contract Offer (with Vincenzo Torre); and Acceptance of Backup Commercial Contract Offer (with Kelson Drugs, Inc.) for the 2971 Guyton Street Property
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Strategic Plans:
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Enclosure
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File Attachment:
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Summary:
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Vincenzo Torre requested a Release and Cancellation of Contract on 2/25/25 for the Guyton Street property and included is a backup offer from Kelson Drugs, Inc. for $200,000 for the 2971 Guyton Street property. If approved by the board, the estimated closing with be within 30 days.
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Funding:
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Recommendation:
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Approval of Release of Deposit and Cancellation of Initial Commercial Contract Offer (with Vincenzo Torre); and Acceptance of Backup Commercial Contract Offer (with Kelson Drugs, Inc.) for the 2971 Guyton Street Property
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Approvals:
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Recommended By:
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Signed By:
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Hunter Nolen - Superintendent
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Vote Results:
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Original Motion | Member Chephus Granberry Moved, Member Michael "MJ" Jackson seconded to approve the Original motion 'Approval of Release of Deposit and Cancellation of Initial Commercial Contract Offer (with Vincenzo Torre); and Acceptance of Backup Commercial Contract Offer (with Kelson Drugs, Inc.) for the 2971 Guyton Street Property'. Upon a Roll-Call Vote being taken, the vote was: Aye: 5 Nay: 0. | The motion Carried 5 - 0 | | | Tony Pumphrey | Yes | Chris Johnson | Yes | Chephus Granberry | Yes | Michael "MJ" Jackson | Yes | Rex Torbett | Yes | |
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