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75C - PH - RESO - 1232 S BRISTOL ST SALE
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75C - PH - RESO - 1232 S BRISTOL ST SALE
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Last modified
9/10/2015 3:26:37 PM
Creation date
9/10/2015 2:52:20 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Public Works
Item #
75C
Date
9/15/2015
Destruction Year
2020
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Public Hearing — Resolution to Authorize Negotiation for the <br />Sale of City -owned Real Property at 1232 S. Bristol Street <br />September 15, 2015 <br />Page 2 <br />STRATEGIC PLAN ALIGNMENT <br />Approval of this item supports the City's efforts to meet Goal #6 Community Facilities & Infrastructure, <br />Objective #1 (establish and maintain a Community Investment Plan for all City assets), Strategy G <br />(develop and implement the City's Capital Improvement Program in coordination with the Community <br />Investment and Deferred Maintenance Plans). <br />Approval of this item also supports the City's efforts to meet Goal #3 Economic Development, Objective <br />#2 (create new opportunities for business /job growth and encourage private development through new <br />General Plan and Zoning Ordinance policies), Strategy C (support business development and job growth <br />along transit corridors through the completion of critical transit plans /projects). <br />ENVIRONMENTAL IMPACT <br />There is no environmental impact associated with this action. <br />FISCAL IMPACT <br />There is no fiscal impact to the General fund. Revenue from the sale of City -owned real property must be <br />recognized as such by the Community Development Block Grant funds used for its acquisition. Upon <br />completion of negotiations, staff will bring the transaction, including the revenues generated, for City <br />Council authorization to recognize and receive the funds. <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />IVA .�; NT41"R,� S�_� ��4JLL_2 \��, <br />qred Mousavipour Francisco Gutierrez �B y✓ <br />Executive Director Executive Director "_0 <br />Public Works Agency Finance & Management Services Agency <br />9 <br />Sonia R. Carvalho <br />City Attorney <br />r� <br />Kelly Reeffders <br />Executive Director <br />Community Development Agency <br />FM /EWG /ML <br />Exhibits: 1. Location Map <br />2. Resolution <br />75C -2 <br />
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