Title
a. Approve and authorize the Director of Health Services or designee to execute a retroactive Amendment No. 1 to the Asset Purchase Agreement A-17422 (APA) with Juan C. Valencia Dental Corp, dba La Paz Dental Care (Seller) effective June 25, 2026 to remove County’s assumption of Seller’s existing office lease and requiring County to enter a new lease with the landlord effective at closing of the purchase and sale of the assets concerning the Seller’s dental practice located at 559 E. Alisal St., Ste. 101, Salinas, California 93905; and
b. Authorize the Director of Health Services or designee to execute up to three future amendments to the Asset Purchase Agreement that do not significantly change the scope of the transactions contemplated in the APA.
Report
RECOMMENDATION:
It is recommended that the County of Monterey Board of Supervisors:
a. Approve and authorize the Director of Health Services or designee to execute a retroactive Amendment No. 1 to the Asset Purchase Agreement A-17422 (APA) with Juan C. Valencia Dental Corp, dba La Paz Dental Care (Seller) effective June 25, 2026 to remove County’s assumption of Seller’s existing office lease and requiring County to enter a new lease with the landlord effective at closing of the purchase and sale of the assets concerning the Seller’s dental practice located at 559 E. Alisal St., Ste. 101, Salinas, California 93905; and
b. Authorize the Director of Health Services or designee to execute up to three future amendments to the Asset Purchase Agreement that do not significantly change the scope of the transactions contemplated in the APA.
SUMMARY:
On July 8, 2025, the Board of Supervisors approved the execution of Agreement No. A-17422, comprised of (1) an Asset Purchase Agreement, (2) Professional Services Agreement, (3) Lease Assignment Agreement, and (4) Asset Assumption Agreement with Juan C. Valencia Dental Corp, dba La Paz Dental Care (Seller) to purchase the right, title and interest of assets of that ...
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