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GVR eyes parking lot purchase at Canoa Hills Clubhouse


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GVR s new CEO Scott Somers told the Board of Directors on Wednesday that a deal concerning the Canoa Hills Clubhouse parking lot is close, and the organization is leaning toward purchasing it.
I prepared a term sheet, pretty simple terms, I think they re fairly favorable, frankly, to GVR, he said.
Somers anticipated the GVR Foundation would hear and consider approving the terms during its Feb. 10 meeting.
Assuming they are going to approve that, and let s hope they do, then we can bring that agreement back to our board for consideration and possibly approval, he said. ....

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