Agenda Item Details
Sun Valley Stormwater Property Acquisition - Lease Agreement
- Number:
- 463/2020
- Description:
- Sun Valley Stormwater Property Acquisition - Lease Agreement
At the August 27, 2020 meeting, the Board approved an agreement to acquire the property at 1172 Freedom Road for the Sun Valley Stormwater project. The Township and property owner are prepared to move forward with the property closing. The Township does not plan to begin the Stormwater project until later in 2021. The existing property owner has requested approval to lease the property back from the Township after the closing through June 30, 2021.
Motion to approve execution of a lease agreement with Michael and Jeanne Safreed effective at the time of property closing through June 30, 2021 for the property located at 1172 Freedom Road, subject to review of the Township Solicitor.
Discussed at meetings:
Meeting BOSReO - 1/2021 on 1/4/2021 by Board of Supervisors - Re-Organization Meeting Status: Finished
Topic: Other Business Pertinent to the Township
Topic: Other Business Pertinent to the Township
Minutes: No.21
Sun Valley Stormwater Property Acquisition - Lease Agreement
At the August 27, 2020 meeting, the Board approved an agreement to acquire the property at 1172 Freedom Road for the Sun Valley Stormwater project. The Township and property owner are prepared to move forward with the property closing. The Township does not plan to begin the Stormwater project until later in 2021. The existing property owner has requested approval to lease the property back from the Township after the closing through June 30, 2021.
Motion to approve execution of a lease agreement with Michael and Jeanne Safreed effective at the time of property closing through June 30, 2021 for the property located at 1172 Freedom Road, subject to review of the Township Solicitor.
Votes: Yes 5 , No 0 , Abstain 0
Sun Valley Stormwater Property Acquisition - Lease Agreement
At the August 27, 2020 meeting, the Board approved an agreement to acquire the property at 1172 Freedom Road for the Sun Valley Stormwater project. The Township and property owner are prepared to move forward with the property closing. The Township does not plan to begin the Stormwater project until later in 2021. The existing property owner has requested approval to lease the property back from the Township after the closing through June 30, 2021.
Motion to approve execution of a lease agreement with Michael and Jeanne Safreed effective at the time of property closing through June 30, 2021 for the property located at 1172 Freedom Road, subject to review of the Township Solicitor.
Votes: Yes 5 , No 0 , Abstain 0