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Purchase and Sale Agreement for 1247 W. Santa Ana Blvd. <br />July 19, 2022 <br />Page 4 <br />FISCAL IMPACT <br />Approval of the Appropriation Adjustment will recognize the receipt of $130,000 into the <br />Select Street Construction Fund, Sale of Land revenue account (No. 05917002-57071) <br />and appropriate the same into the OCTA Bristol Street Corridor Improvements Fund, <br />Improvements Other Than Building expenditure account (No. 05917661-66220). These <br />funds will be available for expenditure on the Bristol Street Corridor Improvement <br />Projects. <br />The table below summarizes the sales price and Bristol Project revenue. <br />Parcel ID <br />Sale Price <br />Bristol Improvement Fund <br />Account No. 05917661-66220 <br />C-11 <br />$130,000 <br />$130,000 <br />Total <br />$130,000 <br />$130,000 <br />EXHIBIT(S) <br />1. Location Map — C11 <br />2. Purchase and Sale Agreement — Rafael and Yolanda Ramos <br />3. Vacation Area <br />4. Abandonment Resolution <br />Submitted By: Nabil Saba, P.E., Executive Director — Public Works Agency <br />Approved By: Kristine Ridge, City Manager <br />