City Council

21. City Council: Approval of a Purchase and Sale Agreement with Alta Loma Creekside Property, LLC,\nin the amount of $1,475,000, for the purchase of 3141 Oceanside Boulevard for potential use for\nvarious general-purpose City services; authorization for budget appropriations, in an amount not\nto exceed $1,525,000, for the acquisition of real property and due diligence expenditures;\nauthorization for the City Manager to execute the agreement upon receipt of all supporting\ndocuments; authorization for the City Clerk to accept the Grant Deed for the property; and\nauthorization for staff to open escrow and consummate the closing of the transaction upon receipt\nof all supporting documents\nA) Report by Vicki Gutierrez, Real Estate Manager\n4\nB) Discussion\nC) Recommendation – approve agreement\n6:00 P.M.\nPUBLIC HEARING ITEMS\nPublic hearing items are “time-certain” and are heard beginning at 6:00 p.m. Due to the time-\ncertain requirement, other items may be taken out of order on the agenda to accommodate the\n6:00 p.m. public hearing schedule.