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Council approves $850,000 purchase-and-sale agreement for multiple parcels with Ojava Flex LLC
Summary
After an executive session on real estate, council approved a purchase-and-sale agreement authorizing the mayor to sign for $850,000 and authorizing a $25,000 earnest-money deposit to escrow for due diligence on the identified parcels.
Following an executive session on real estate pursuant to RCW 42.30.110(1)(c), the Poulsbo City Council approved a purchase-and-sale agreement with Ojava Flex LLC for several parcels, authorizing the mayor to sign and authorizing the deposit of $25,000 in earnest money to escrow for due diligence.
Councilmember Lindahl moved the motion, which included parcel identifiers and a sale price of $850,000; a second was recorded and the council voted to approve the agreement. Lindahl’s motion directed the mayor and staff to complete due diligence steps consistent with the agreement and to proceed with escrow deposits as authorized by the council.
Council did not discuss details of the terms publicly beyond the motion at the meeting (the matter was discussed in executive session as permitted under Washington law for real-estate negotiations).
