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Board reports unanimous cancellation of escrow on Cremona property
Summary
In its open‑session report following closed session, the board announced a unanimous vote to cancel escrow on the Cremona property. No additional public details were provided at the meeting.
President Cardi reported that the board moved to cancel escrow on the Cremona property and that the motion was approved unanimously.
"Similarly, the board moved to cancel the escrow on the Cremona property, which was also unanimously approved," Cardi said in the open‑session summary. The board made both property rescindments part of its closed‑session announcements; no supporting materials or further public explanation were offered during the meeting.
The board did not discuss next steps or disclose any underlying negotiations in open session. The announcement serves as the public record that the board ended escrow arrangements for the named property on Sept. 11, 2025.
