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HomeMy WebLinkAbout25A - PURCHASE PROPERTY 1249 W. 1ST ST (PROJECT 1819) / REQUEST FOR COUNCIL ACTION ~ ~ CITY COUNCIL MEETING DATE: CLERK OF COUNCIL USE ONLY: AUGUST 15, 2005 TITLE: PURCHASE AGREEMENT FOR THE HUNTER/ORGERON PROPERTY LOCATED AT 1249 W. FIRST STREET (PROJECT 1819) APPROVED o As Recommended o As Amended o Ordinance on 1st Reading o Ordinance on 2nd Reading o Implementing Resolution o Set Public Hearing For I CONTINUED TO ~ ,/ /, .. I ~ ~;:~t:tiR(J FILE NUMBER , / V RECOMMENDED ACTION Direct the City Attorney to prepare and authorize the City Manager and Clerk of the Council to execute an agreement with the Creighton D. Hunter and Betty A. Hunter Family Trust and the Orgeron Family Trust for the purchase of 1249 W. First Street, in the amount of $805,000. DISCUSSION As part of the Bristol Street widening proj ect from Pine to Third Streets, it is necessary to acquire the Hunter/Orgeron property located at 1249 W. First Street (Exhibit 1). The property was occupied by Apollo Muffler and Radiator Services. The City Council approved the relocation agreement with the tenant in February 2005 and the property is currently vacant awaiting the demolition process. The Public Works Agency has negotiated and reached an agreement with the owners for the appraised price of $805,000. ENVIRONMENTAL IMPACT In accordance with the California Environmental Quality Act, the proposed project has been determined to be adequately evaluated in previously prepared Environmental Impact Report/Environmental Impact Assessment ErR No. 89-01 approved by City Council in 1990. 25A-1 Project 1819 August 15, 2005 Page 2 of 2 FISCAL IMPACT Funds for the proposed acquisition are available in the Select Street Construction Fund (account no. 59-551-6611, project no. 1819) APPROVED AS TO FUNDS AND ACCOUNTS: ~ -Ii '~ ~ ~ LLvVU/1 ClM.J.. ) ames G. Ross Executive Director Public Works Agency ~~~~ ~~~ ~~O~ Francisco Gutierrez Executive Director Finance & Mgmt. Services AgenC~ 25A-2 SITE LOCATION \ ..... w w c::: ..... en ...J o ..... en - c::: co 2ND STREET 1249 W. FIRST STREET APN 008-131-33 1 ST STREET ( EXHIBIT 1 CITY COUNCIL AGENDA DATE August 15, 2005 TITLE: PURCHASE AGREEMENT FOR THE HUNTER/ORGERON PROPERTY LOCATED AT 1249 W, FIRST STREET (PROJECT 1819) 25A-3 ~ N.T.S. 25A-4