By Josh Martinez | Scottsdale Independent
Scottsdale City Council approved its third amendment to the Loloma Lands purchase and sale agreement regarding city-owned land in Old Town Scottsdale.
The amendment adjusts several deadlines, including the closing date, and revises legal descriptions and depictions of the north and south parcel land which the city will convey to ARC Scottsdale Holdings, the purchaser.
The land in question is east of Goldwater Boulevard and west of Marshall Way on both the north and south sides of Second Street. The council made its approval at its July 2 meeting at City Hall, 3939 N. Drinkwater Blvd.