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A portion of this work was included in the Sunwood realignment project, but a portion is also included in the initial <br />improvements for this project, and will be paid from the proceeds of closing on Lot 3. A breakdown of these costs <br />is provided in this case, and will be presented at the meeting. <br />Recommendation: <br />The development team recommends the HRA approve the Purchase Agreement with M&W Holdings, LLC for the <br />sale of Lot 3, Block 1, COR TWO. <br />Funding Source: <br />N/A <br />Council Action: <br />Approve attached Purchase Agreement with M&W Holdings, LLC for the sale of Lot 3, Block 1, COR TWO <br />subject to final modifications by HRA Counsel, and direct the development team to assemble all documents <br />necessary to close. <br />Draft Purchase Agreement <br />Attachments <br />Form Review <br />Inbox Reviewed By Date <br />Kurt Ulrich Kurt Ulrich 10/04/2012 04:43 PM <br />Form Started By: Darren Lazan Started On: 10/04/2012 10:17 AM <br />Final Approval Date: 10/04/2012 <br />