Common Contracts

1 similar Purchase and Sale Agreement contracts

MEMORANDUM
Purchase and Sale Agreement • July 31st, 2019 • Florida

In March 2018, the CRA entered into an Agreement for Purchase and Sale with Green Mills Holdings, LLC for the sale of CRA-owned property located south of Parker Street, east of Stella Avenue, west of Lake Avenue and north of Myrtle Street. The 1.8- acre property is largely vacant, with only one remaining structure, an unoccupied concrete block duplex. Green Mills proposed an affordable housing development with no less than 70 multi-family residential units on the site, with the anticipation of successfully receiving Florida Housing Finance Corporation (FHFC) Low Income Housing Tax Credits. Green Mills offered a purchase price of $324,000, less an 8% (or

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