Exercise of Purchase Option of Board of Equalization Building
Summary
SCH Number
2006088017
Public Agency
Department of General Services
(DGS)
Document Title
Exercise of Purchase Option of Board of Equalization Building
Document Type
NOE - Notice of Exemption
Received
Posted
8/2/2006
Document Description
The Department of General Services has elected to exercise a purchase option for the Board of Equalization Building in Sacramento. The purchase includes the entire building, attached parking structure, and daycare center. The department will purchase the building from the Public Employees Retirement System, the current owner of this property. This project is a property purchase transaction only; there will be no change in the building's tenant, operations, staffing, parking, or will it require any immediate modifications to the building. The department anticipates the Board of Equalization will remain the building's tenant for the foreseeable future.
Contact Information
Name
Robert Sleppy
Agency Name
Department of General Services
Contact Types
Lead/Public Agency
Phone
Location
Cities
Sacramento
Counties
Sacramento
Notice of Exemption
Exempt Status
Categorical Exemption
Type, Section or Code
Section 15301
Reasons for Exemption
The project consists of exercising an existing purchase option that will provide for transitioning the ownership of the 450 N Street building and parking structure from the Public Employees Retirement System to full state ownership. There will be no physical change to the property or the operation of the agency currently housed in this building as a result of this purchase.
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