In a special meeting held at 4 p.m. at City Hall, the council authorized a resolution to allow Mayor Roy Parmentier to sign the escrow documents to sell the center, according to City Attorney Steve Brookes.
The center, located on Lakeport Boulevard near the highway, is being sold to Matt Riveras, 43, of Windsor,
Riveras, the son-in-law of Councilman Buzz Bruns, is purchasing the shopping center land for $1,001,000.
As part of the purchase Riveras will be able to collect rent on the shopping center's lease, which Meridian Investments of Oakland is scheduled to hold for another 21 years. At Wednesday's meeting the council approved assignment of the lease to Riveras and Donica LLC, Brookes said.
With Parmentier given the OK to sign the escrow documents, Brookes said he expects escrow to close Thursday afternoon, a day ahead of the council's Oct. 26 deadline.
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