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Updated almost 8 years ago,

User Stats

28
Posts
9
Votes
Christian Efseaff
  • San Diego, CA
9
Votes |
28
Posts

San Marcos Business Selling City Contract for Fee/Permit Waivers

Christian Efseaff
  • San Diego, CA
Posted

Long story short, my boss owns a dealership in San Marcos and was forced to move. In return, San Marcos gave him a Relocation Assistance contract. He used it and has $600k left on the contract. It can't be redeemed for cash so we need to find a buyer to liquidate that asset. 

It is fully transferable to any party, provided that party produces tax revenue for the city of San Marcos and the location of the project(s) is within city limits. 

It can be used as "financial assistance in the form of fee waivers and financing of public infrastructure requirements". An example of public infrastructure requirements are things like re-paving a sidewalk, beautifying a median, etc.

Please respond if you or anyone you know has interest in purchasing this asset at a discounted rate. Referral fees may be given where allowed by law.

Offering

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