Agenda Item
Meeting Date: 11/10/2020 - 5:00 PM
Category: Adoption of Consent Agenda
Type: Action
Subject: Exclusive Right-To-Sell Listing Contract with CBRE, Inc.
End Statements:
Enclosure: Attachment #1: Exclusive Right-To-Sell Listing Contract with CBRE
File Attachment:
DCSD_LC50-6-19 EXCLUSIVE RIGHT TO SELL LISTING CONTRACT_110520_CBSigned.pdf
Summary : Board of Education action was taken at the October 22, 2019 Board Meeting by Resolution determining that certain surplus property not needed within the foreseeable future for any purpose authorized by law may be sold and otherwise conveyed in accordance with law and District policy. Subsequent to such action and after vetting of multiple real estate firms responsive to the District’s Request for Proposals, the District prequalified and selected CBRE, Inc., a commercial real estate firm, to support its efforts to represent the interests of the District related to the marketing and sale of certain surplus school sites. The Exclusive Right-To-Sell Listing Contract with CBRE specifies the terms of the relationship and obligations between the District and CBRE for the sale of two (2) surplus parcels of property.
Funding:
Recommendation: That the Board of Education approve the Exclusive Right-To-Sell Listing Contract under adoption of Consent Agenda.
Approvals:
Recommended By:
Signed By:
Sandy Maresh - Assistant Secretary Board of Education
Signed By:
Richard Cosgrove - Chief Operations Officer
Signed By:
Mary Kay Klimesh - General Counsel
Signed By:
Corey Wise - Interim Superintendent
Vote Results:

Original Motion
Member Krista Holtzmann Moved, Member Kevin Leung seconded to approve the Original motion 'That the Board of Education approve the Exclusive Right-To-Sell Listing Contract under adoption of Consent Agenda.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 7 Nay: 0.
The motion Carried 7 - 0