City Council

22. Appropriation Adjustment and Agreement for the Sale of Land at 2245 S. Main Street (Project No. 13-6792) (Non-General Fund)Department(s): Public Works AgencyRecommended Action: 1. Approve an appropriation adjustment recognizing$136,250 in revenue from the purchase and sale agreement into the Select Street Construction, Sale of Land revenue account (No. 05917002-57071) and appropriate it to the City Street Projects, Improvements Other Than Buildings expenditure account(No. 05917666-66220). (Requires five affirmative votes)2. Approve an appropriation adjustment recognizing $408,750 in revenue from the purchase and sale agreement into Measure M-Street Construction, Expense Reimbursement-OCTA revenue account (03217002-57004). Receipt of Measure M-Street Construction proceeds will be disbursed to the Orange County Transportation Authority (OCTA) upon project final billing reconciliation. (Requires five affirmative votes)3. Authorize the City Manager to execute a purchase and sale agreement with South Main Arwad LLC for the sale of City-owned property located at 2245 S. Main Street (APN No. 403-141-08) in the amount of $545,000 (Agreement No. A-2026-XXX).4. Approve amendment to the Fiscal Year 2026-27 Capital Improvement Program to add $136,250 of Select Street Construction funds for the Bristol Street Phase 3A Project (No.13-6792).