City Council

16.\nApprove the Agreement for Sale of Property and Joint Escrow Instructions with Anaheim East\nVermont, LLC, in the amount of $22,000,000, for the acquisition of real property located at 514522 E. Vermont Avenue; authorize the Director of Public Works to execute the agreement, the\nCertificate of Acceptance of Interest in Real Property, and related documents, and to take the\nnecessary actions to implement and administer the agreement; authorize the City Clerk to cause\nsaid Certificate of Acceptance of Interest in Real Property to be released to the authorized escrow\nagent for the recording of the Grant Deed in the Office of the County Recorder of Orange County;\nfind that the above actions are exempt from the California Environmental Quality Act (“CEQA”)\npursuant to Sections 15004(b)(2)(A) and 15061(b)(3) of the CEQA Guidelines; and increase the\nPublic Works Department’s Fiscal Year 2024/25 expenditure budget by $9,400,000 for the\nSanitation Fund and $9,400,000 for the Wastewater Fund and Anaheim Public Utilities’ Electric\nFund budget by $3,200,000.