A day after the Eureka City Schools Board of Trustees voted unanimously to deny the company’s request to extend escrow for a third time on the Jacobs Middle School property exchange agreement reached in December, the mystery developer AMG Communities-Jacobs, LLC, issued a statement confirming it is pulling out of the deal and blaming the […]
Jacobs
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Eureka Schools Amends Property Exchange Agreement, Sets Escrow Deadline
Eureka City Schools has entered into an amended property exchange agreement with a mystery developer looking to acquire its old Jacobs Middle School site that stipulates the parties should close escrow on the deal on or before July 11. Meanwhile, the California Highway Patrol seems to be back at the negotiating table for the old […]
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Experts: Eureka City Schools Violated Open Meeting Law with Jacobs Property Swap
When the Eureka City Schools Board of Trustees convened the Dec. 14 meeting at which it would vote unanimously to enter into a secretive property exchange in hopes of unloading its former Jacobs Middle School campus, it violated state open meeting laws, according to two experts interviewed by the Journal. Immediately following the board’s vote […]