Title
UNFINISHED BUSINESS (6/19/18)
Updated Status and Discussion Regarding Golden Pins Bowling Alley
Updated status and discussion of all items discovered, recommended actions/responses conducted during any portion of the 45-day inspection period (a/k/a due diligence period) in connection with the purchase of the Golden Pins bowling alley, and as outlined in the Acquisition Agreement, Sec. 3. Inspection and Access, and Sec. 5.4 Objection Notice, and with said Acquisition Agreement approved by the Board of Supervisors on May 15, 2018, including, but not limited to:
• Full property inspection
• Updated property appraisal including results of asbestos testing and other conditions which can impact the appraised value of the property
• Preliminary title report
• Insurance claim report
• Physical information including: structural/physical; electrical; plumbing; mechanical; environmental; parking/landscaping; renovation and capital repair reports; and
• Other inspection reports, as deemed necessary (District 1)