City Council

7. AGREEMENT OF PURCHASE AND SALE BETWEEN THE CITY OF ESCONDIDO AND 1501 AUTO PARKWAY,\nLLC (“BUYER”) AND DECLARATION OF EXEMPT SURPLUS LAND\nRequest the City Council adopt Resolution No. 2024-122 authorizing and approving the execution of an\nAgreement of Purchase and Sale between the City of Escondido and 1501 Auto Parkway, LLC (“Buyer”) for\nreal property located at or about 707 S. Hale Avenue, Escondido, California (“Property”).\nStaff Recommendation: Approval (Economic Development: Jennifer Schoeneck, Director of Economic\nDevelopment)\nPresenter: Jennifer Schoeneck, Director of Economic Development\nESSENTIAL SERVICE – Yes, Land Use/Development\nCOUNCIL PRIORITY –Increase Retention and Attraction of People and Businesses to Escondido\na) Resolution No. 2024-122