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1601 and 1607 N Bristol Street <br />October 15, 2024 <br />Page 4 <br />4 <br />6 <br />0 <br />8 <br />05917002-57071) and appropriate the same into the OCTA Bristol Street Corridor <br />Improvements Fund, Improvements Other Than Building expenditure account (No. <br />05917661-66220). These funds will be available for expenditure on the Bristol Street <br />Corridor Improvement Projects (Exhibit 7) <br />The remaining proceeds of $6,811 will be received in the Measure M Street <br />Construction Fund (Account No. 03201001-20215) for disbursement to OCTA. <br />The table below summarizes the sales price, Bristol revenue and payments to OCTA. <br />Parcel ID Sale <br />Price <br />Bristol Improvement <br />Fund (Account No. <br />05917661-66220) <br />Reimburse Funding <br />Agency (Account No. <br />03201001-20215) <br />1601;1607 Bristol $9,800 $2,989 $6,811 <br />Total $9,800 $2,989 $6,811 <br />EXHIBIT(S) <br />1. Original Purchase and Sale Agreement <br />2. Location Map <br />3. Detail Map <br />4. Street Level View of Vacation Area <br />5. Vacation Purchase and Sale Agreement <br />6. Purchase and Sale Agreement Amendment <br />7. FY 24-25 Capital Improvement Program Sheet <br />Submitted By: Nabil Saba, P.E., Executive Director – Public Works Agency <br />Approved By: Alvaro Nuñez, City Manager <br />  <br />  <br />City Council 16 – 4 10/15/2024