File #: File ID 9086    Version: 1 Name:
Type: Agenda Item Status: No Action
File created: 6/14/2018 In control: Board of Supervisors
On agenda: 8/7/2018 Final action: 8/7/2018
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 necessar...
Attachments: 1. BOS_GoldenPinsBowlingAlley_District1Submittal, 2. BOS_CAMemorandum_6-18-18_Part1, 3. BOS_CAMemorandum_6-18-18_Part2, 4. BOS_CAMemorandum_6-18-18_Part3

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)