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Purchase and Sale Agreement of Portions of City -owned <br />Real Property at 1301 and 1305 W. 12th Street <br />January 15, 2019 <br />Page 3 <br />ENVIRONMENTAL IMPACT <br />There is no environmental impact associated with this action. <br />FISCAL IMPACT <br />Approval of the recommended Appropriation Adjustment will recognize the receipt of $159,879 <br />into the Select Street Construction Fund revenue account (No. 05917002-57071) and appropriate <br />the same into the OCTA Bristol Street Corridor Improvements Fund expenditure account (No. <br />05917661-66100). <br />These funds will be available for expenditure on the Bristol Street Improvement Project. The <br />remaining proceeds of $73,521 will be received in the Measure M Street Construction Fund <br />(Account No. 03201001-20215) for disbursement to OCTA. <br />Public Warks Agency <br />Exhibits: 1. Location Map <br />2. Agreement <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />Kathryn Downs, CPA GWr � Ty <br />Executive Director <br />Finance and Management Services Agency <br />20A-3 <br />