File #: File ID 18542    Version: 1 Name:
Type: Contract and/or Award Status: Approved
File created: 3/19/2025 In control: Real Property
On agenda: 4/1/2025 Final action: 4/1/2025
Title: SunChase Estrella Limited Partnership, to provide for Acquisition Agreement Acq-1237 to acquire the Desert Springs Subdivision, a.k.a. Kelly Ranch, to preserve wildlife habitat and known Hohokam archeological sites and provide future recreational opportunities adjacent to Catalina State Park, CLR-Capital Projects/Conservation Land Acquisition Fund, contract amount $6,255,000.00/2 year term ($2,000,000.00 initial down payment, $2,000,000.00 annually, up to $15,000.00 in closing costs, up to $240,000.00 in interest payments) (PO2500007703)
Attachments: 1. PO2500007703, 2. PO2500007703_Appraisal, 3. PO2500007703_CoalitionforSonoranDesertProtectionLtr_3-28-25, 4. PO2500007703_TucsonHistoricPreservationFoundationLtr_3-31-25, 5. PO2500007703_Slides_4-1-25

Title

SunChase Estrella Limited Partnership, to provide for Acquisition Agreement Acq-1237 to acquire the Desert Springs Subdivision, a.k.a. Kelly Ranch, to preserve wildlife habitat and known Hohokam archeological sites and provide future recreational opportunities adjacent to Catalina State Park, CLR-Capital Projects/Conservation Land Acquisition Fund, contract amount $6,255,000.00/2 year term ($2,000,000.00 initial down payment, $2,000,000.00 annually, up to $15,000.00 in closing costs, up to $240,000.00 in interest payments) (PO2500007703)