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File #: 19-0543   
Type: Presentation Status: Agenda Ready
In control: City Council Study Session
On agenda: 5/16/2019
Title: Hear a presentation and discuss the history of the approximately 132 acres of City-owned real property located at the northwest corner of Recker and Thomas Roads, and provide direction on the sale of this property to Desert Vista 101, LLC, for the final auction bid of $21,100,000 with some of the sale proceeds being reinvested into the development project at this location, the Red Mountain Ranch Homeowners Association Park, and City-owned recreational facilities in northeast Mesa.
Attachments: 1. Presentation
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Title

Hear a presentation and discuss the history of the approximately 132 acres of City-owned real property located at the northwest corner of Recker and Thomas Roads, and provide direction on the sale of this property to Desert Vista 101, LLC, for the final auction bid of $21,100,000 with some of the sale proceeds being reinvested into the development project at this location, the Red Mountain Ranch Homeowners Association Park, and City-owned recreational facilities in northeast Mesa.