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REQUEST FOR <br />COUNCIL ACTION <br />CITY COUNCIL MEETING DATE: <br />SEPTEMBER 5, 2006 <br />TITLE: <br />PURCHASE AGREEMENTS FOR BRISTOL <br />STREET CORRIDOR (PROJECT 06- <br />1500) <br />4- L& <br />C TY MANAGER <br />RECOMMENDED ACTION <br />CLERK OF COUNCIL USE ONLY: <br />APPROVED <br />❑ As Recommended <br />❑ As Amended <br />❑ Ordinance on 1" Reading <br />❑ Ordinance on 2"d Reading <br />❑ Implementing Resolution <br />❑ Set Public Hearing For_ <br />CONTINUED TO <br />FILE NUMBER <br />Direct the City Attorney to prepare and authorize the City Manager <br />and Clerk of the Council to execute agreements with: <br />Ted & Mei Yang for the purchase of the single family residence <br />located at 434 S. Bristol in the amount of $550,000; <br />Jose Luis Valdez for the purchase of the single family <br />residence located at 514 S. Bristol in the amount of $565,000; <br />Jose & Veronica Rodriguez for the purchase of the single <br />family residence located at 402 S. Bristol in the amount of <br />$615,000; <br />J & L Investments for the purchase of the single family <br />residence located at 406 S. Bristol in the amount of $575,000; <br />Miguel & Yolanda Padilla for the purchase of the single family <br />residence located at 502 S. Bristol in the amount of $565,000; <br />Luis Velasquez for the purchase of the single family residence <br />located at 510 S. Bristol in the amount of $565,000; <br />Maximiano Magana for the purchase of the single-family <br />residence located at 438 S. Bristol in the amount of $580,000. <br />251-1 <br />