Thursday
December
18
2014
1:40 pm
Weather

  Home
  Local News
  State / National / World
  Sports
  Opinion / Letters
  Business
  Arts / Entertainment
  Lifestyle
  Obituaries
  Calendar
  Submit Event
  Comics / Games
  Classifieds
  DJ Designers
  Archives
  Advertise With Us
  About Us
 
 
 
 
Sale of San Juan properties finalized
October 03, 2013, 05:00 AM Daily Journal Staff Report

Belmont finalized the sale of the 8-acre city-owned Bishop Road property for a little more than $2 million yesterday with an arrangement to dedicate six of the acres back to the city as open space that will be open to the public.

The Belmont City Council authorized the purchase of 87 vacant parcels, comprising approximately 35 acres, back in December 2009.

The land was offered at auction by the U.S. Marshals Service and was acquired by the city for about $1.5 million.

“This sale represents a significant milestone for the preservation of open space in the San Juan Hills Area,” said City Manager Greg Scoles.

The new property owners, Shikui Chen and Jie Yan, have indicated they will be moving quickly to process a parcel map which will then create three single-family residential lots on 2 acres and the required open space dedication, according to city staff.

The property can be seen at www.bishoproadland.com and www.belmontland4sale.com. An aerial video of the property can be viewed at www.belmontland4sale.com/videotour.html.

 

 

Tags: property, acres, space,


Other stories from today:

 

 
Print this Page Print this Page  |  Bookmark and Share
<< Back
 
Return To Archives
 
  


 
 
 
Daily Journal Quick Poll
 
What do you think of Cuba and the United States re-establishing diplomatic ties?

It's about time
We'll see how it goes
Makes sense
Don't like it
I guess the Cold War is over
Does this mean Cuban cigars will be cheaper now?

 

 
 
 
 
 
 
 
 
  
 
  
 
©2014 San Mateo Daily Journal
Redwood Shores newspaper