Review Agenda Item
Meeting Date: 8/23/2022 - 5:00 PM
Category: Adoption of Consent Agenda
Type: Action
Subject: Approval of the Exclusive Right-To-Sell Listing Contract with CBRE for 312 Cantril Street
End Statements:
Enclosure Attachment #1: Exclusive Right-To-Sell Listing Contract with CBRE
File Attachment:
Exclusive Right-To-Sell Listing Contract with CBRE.pdf
Summary : Board of Education action is being taken at the August 23, 2022 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. Prior 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 312 Cantril Street.The District’s Master Services Agreement and Scope of Work with CBRE, which includes an Exclusive Right-To-Sell Listing Contract specifies the terms of the relationship and obligations between the District and CBRE for the marketing and sale of 312 Cantril Street.
Funding:
Recommendation: That the Board of Education approve the Exclusive Right-To-Sell Listing Contract with Coldwell Banker Richard Ellis (CBRE) for 312 Cantril Street Property under adoption of Consent Agenda.
Approvals:
Recommended By:
Signed By:
Richard Cosgrove - Chief Operations Officer
Signed By:
Erin Kane - Superintendent
Vote Results: