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<br />BUDGETARY MATTERS <br /> <br /> <br />APPROPRIATION ADJUSTMENTS <br /> <br />20A. APPROVE APPROPRIATION ADJUSTMENT AND PURCHASE AND SALE <br />AGREEMENT FOR PORTIONS OF CITY-OWNED REAL PROPERTY AT 1301 <br />AND 1305 WEST 12TH STREET (APN 004-113-19 AND APN 004-113-34) FOR <br />BRISTOL STREET IMPROVEMENTS PROJECT PHASE 3A (PROJECT NO. 136792 <br />NONGENERAL FUND) {STRATEGIC PLAN NOS. 6, 1G; 3, 2C} – Public Works <br />Agency <br /> <br /> RECOMMENDED ACTIONS: <br /> <br />1. Authorize the City Manager and Clerk of the Council to execute a purchase and <br />sale agreement with Marshall-Kelley LLC, a California corporation, for the sale <br />of City-owned property located at 1301 and 1305 West 12th Street in the amount <br />of $233,400, subject to non-substantive changes approved by the City Manager <br />and City Attorney (AGMT. No. 2019-XXX). <br /> <br />2. Approve an appropriation adjustment. (Requires five affirmative votes). <br /> <br />APPROPRIATION ADJUSTMENT NO. 2019-040 - Recognizing revenue in the <br />amount of $159,879 in the Select Street Construction Fund revenue account for fiscal <br />year 2018-19 from the sale of City-owned property located at 1301 and 1305 West 12th <br />Street and appropriating the same to the Orange County Transportation Authority <br />(OCTA) Bristol Street Corridor Improvements expenditure account. Receipt of <br />Measure M Street Construction proceeds in the amount of $73,521 will be disbursed to <br />OCTA. <br /> <br /> <br />20B. APPROVE APPROPRIATION ADJUSTMENTS FOR FUNDING FROM THE <br />HOUSING AND URBAN DEVELOPMENT VETERANS AFFAIRS SUPPORTIVE <br />HOUSING (HUD-VASH) PROGRAM AND MAINSTREAM VOUCHER PROGRAM <br />{STRATEGIC PLAN NOS. 4, 1; 5, 3} – Community Development Agency <br /> <br />RECOMMENDED ACTIONS: Approve appropriation adjustments. (Requires five <br />affirmative votes). <br /> <br />1. APPROPRIATION ADJUSTMENT NO. 2019-064 - Recognizing additional Housing <br />and Urban Development Veterans Affairs Supportive Housing (HUD-VASH) Program <br />funds in the amount of $2,183,924 in revenue account and appropriating the same <br />amount to expenditure account. <br /> <br />2. APPROPRIATION ADJUSTMENT NO. 2019-064 - Recognizing additional <br />Mainstream Housing Choice Voucher Program funds in the amount of $585,384 in <br />revenue account and appropriating the same amount to expenditure account. <br /> <br /> <br />CITY COUNCIL AGENDA 6 JANUARY 15, 2019 <br /> <br /> <br />