City Council

18. PURCHASE AND SALE AGREEMENT FOR ACQUISITION OF REAL PROPERTY\nAT 3535 WEST COMMONWEALTH AVENUE (APN 030-040-15)\nThe City of Fullerton participates in various programs and initiatives to provide shelter\nsolutions for the homeless population. The State of California provided $ 10,000,000 to the\nCity to purchase property at 3535 West Commonwealth Avenue which operates as the\nJune 20, 2023 - Page 8\nFullerton Navigation Center including recuperative care and wrap-around services.\nRecommendation:\n1. Adopt Resolution No. 2023-XXX.\nRESOLUTION NO. 2023-XXX - A RESOLUTION OF THE CITY COUNCIL OF THE\nCITY OF FULLERTON, CALIFORNIA AUTHORIZING A REAL ESTATE PURCHASE\nAGREEMENT BETWEEN DYER 18 LLC AND THE CITY OF FULLERTON FOR\nPURCHASE OF REAL PROPERTY LOCATED AT 3535 WEST COMMONWEALTH\nAVENUE FOR THE PURCHASE PRICE OF NINE MILLION FIVE HUNDRED AND\nEIGHTY THOUSAND DOLLARS\n2. Authorize City Manager to execute Purchase and Sale Agreement and all required\ndocuments for acquisition of real property located at 3535 West Commonwealth\nAvenue (APN 030-040-15) in the amount of $9,580,000 plus closing costs and escrow\nfees, subject to non-substantive changes approved by the City Manager and City\nAttorney.\n3. Authorize appropriation to purchase subject property.