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Item 25 - Real Property Acquisition for Warner Avenue Street Improvements
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Item 25 - Real Property Acquisition for Warner Avenue Street Improvements
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Agenda Packet
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Clerk of the Council
Item #
25
Date
7/19/2022
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Real Property Purchase Agreement – Warner Avenue Improvements, Phase 2 <br />July 19, 2022 <br />Page 2 <br />2 <br />8 <br />2 <br />8 <br />Tustin agreed to partially fund the improvements on Warner Avenue between Main Street <br />and Grand Avenue. <br />ENVIRONMENTAL IMPACT <br />On September 1, 2015, City Council approved the Warner Avenue Final Environmental <br />Impact Statement (SCH No. 2012101004). <br />FISCAL IMPACT <br />Funds in the amount of $785,000 are budgeted and available in the Warner Avenue <br />Improvements Project (No. 18-6901) for property acquisition expenditures in FY 2022-23 <br />as follows: <br />Fiscal <br />Year <br />Accounting <br />Unit–Account <br />No. <br />Fund Description <br />Accounting Unit, <br />Account No. <br />Description <br />Amount <br />2022-23 03217663-66100 Measure M- <br />Street Construction <br />Measure M2 Competitive <br />Street, Land $588,750 <br />2022-23 05917668-66100 <br />Select Street <br />Construction <br /> (City of Tustin <br />Contribution) <br />Warner Ave-Tustin <br />Community Facilities <br />District, Land <br />$196,250 <br />TOTAL $785,000 <br />EXHIBIT(S) <br />1. Location Map <br />2. Purchase Agreement – APN 016-211-26 <br />Submitted By: Nabil Saba, P.E., Executive Director – Public Works Agency <br />Approved By: Kristine Ridge, City Manager
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