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Public Hearing — Resolution Determining Public Interest and <br />Necessity of Property at 2016-2020 West 5th Street <br />June 6, 2017 <br />Page 3 <br />FISCAL IMPACT <br />There is no fiscal impact to the City associated with this action. OCTA will deposit the necessary <br />funds to acquire the specified properties directly into the State Condemnation account. <br />�red Mousavipour <br />Executive Director <br />Public Works Agency <br />FM/EWG/JG/ML <br />Exhibits: 1. Location Map <br />2. Offer Letter <br />3. Resolution of Necessity <br />75E-3 <br />