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HomeMy WebLinkAbout1122 S. Orange Acquisition RFCA.pdfQUEST FOR COUNCIL ACTION �dudtcun Isr CITY COUNCIL MEETING DATE: MARCH 2, 1998 TITLE: ACQUISITION AGREEMENT WITH JESUS, LAURA, AND JORGE ESQUIVEL FOR 1122 SOUTH ORANGE AVENUE CITY MANAGER RECOMMENDED ACTION CLERK OF COUNCIL USE ONLY: APPROVED ❑ As Recommended ❑ As Amended p Ordinance on 1st Reading ❑ Ordinance on 2nd Reading ❑ Implementing Resolution ❑ Set Public Hearing" For CONTINUED TO FILE NUMBER Direct the City Attorney to prepare and authorize the Mayor and Clerk of the Council to execute an agreement with Jesus, Laura, and Jorge Esquivel for the purchase of the property located at 1122 South Orange Avenue, Assessor Parcel No. 11-062-34. DISCUSSION The City Council has approved plans that will realign McFadden Avenue between Main and Maple Streets. This property is within the limits of the project (Exhibit 1). The subject property consists of 7600 square foot lot improved with a single family residence. The owners have agreed to sell their property to the City for the appraised value of $135,000. FISCAL IMPACT Funds are available in the McFadden Realignment Project (account no. 550- 936-6611, project no. 9287). APPROVED AS TO FUNDS AND ACCOUNTS: James G. Ros` Rod R. Coloma `Executive Director �\ Executive Director Public Works Agency Finance & Management Services Agency 3-2 RFCA EsquivellDN/gdj