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REQUEST FOR�=Y <br />COUNCIL ACTION <br />CITY COUNCIL MEETING DATE: <br />NOVEMBER 19, 2019 <br />TITLE: <br />APPROVE APPROPRIATION <br />ADJUSTMENT AND PURCHASE AND <br />SALE AGREEMENTS PER RFP 19-026 <br />GENERATING $8,104,200 IN REVENUE <br />FOR BRISTOL STREET IMPROVEMENTS <br />(PROJECT NO. 11-6741) <br />(NON -GENERAL FUND) <br />(STRATEGIC PLAN NOS. 6, 1 G; 3, 2C) <br />CLERK OF COUNCIL USE ONLY: <br />APPROVED <br />❑ As Recommended <br />❑ As Amended <br />❑ Ordinance on 1st Reading <br />❑ Ordinance on 2nd Reading <br />❑ Implementing Resolution <br />❑ Set Public Hearing For <br />CONTINUED TO <br />/s/ Kristine Ridge FILE NUMBER <br />CITY MANAGER <br />RECOMMENDED ACTIONS <br />1. Authorize the City Manager to execute a purchase and sale agreement with Southwest Group <br />Properties LLC, for the sale of City -owned property located at APN's 405-252-21 and 405-252- <br />22 in the amount of $1,100,000, subject to non -substantive changes approved by the City <br />Manager and City Attorney. <br />2. Authorize the City Manager to execute a purchase and sale agreement with Merchant Star <br />International General Trading, for the sale of City -owned property located at APN's 405-272- <br />11, 450-272-12, 405-272-13, 405-272-14, 405-272-15, 405-272-16, 405-272-17, 405-272-18, <br />and 405-272-21 in the amount of $2,605,000, subject to non -substantive changes approved by <br />the City Manager and City Attorney. <br />3. Authorize the City Manager to execute a purchase and sale agreement with Merchant Star <br />International General Trading , for the sale of City -owned property located at APN's 004-123- <br />48 and 004-123-52 in the amount of $1,025,000, subject to non -substantive changes approved <br />by the City Manager and City Attorney. <br />4. Authorize the City Manager to execute a purchase and sale agreement with Merchant Star <br />International General Trading, for the sale of City -owned property located at APN's 015-194-37 <br />and 015-194-40 in the amount of $1,050,000, subject to non -substantive changes approved by <br />the City Manager and City Attorney. <br />5. Authorize the City Manager to execute a purchase and sale agreement with IAS Management, <br />for the sale of City -owned property located at APN 399-085-11 in the amount of $127,700, <br />subject to non -substantive changes approved by the City Manager and City Attorney. <br />