City Council

21. City Council: Approval of a Purchase and Sale Agreement with Alta Loma Creekside Property, LLC, in the amount of $1,475,000, for the purchase of 3141 Oceanside Boulevard for potential use for various general-purpose City services; authorization for budget appropriations, in an amount not to exceed $1,525,000, for the acquisition of real property and due diligence expenditures; authorization for the City Manager to execute the agreement upon receipt of all supporting documents; authorization for the City Clerk to accept the Grant Deed for the property; and authorization for staff to open escrow and consummate the closing of the transaction upon receipt of all supporting documents A) Report by Vicki Gutierrez, Real Estate Manager 4 B) Discussion C) Recommendation – approve agreement 6:00 P.M. PUBLIC HEARING ITEMS Public hearing items are “time-certain” and are heard beginning at 6:00 p.m. Due to the time- certain requirement, other items may be taken out of order on the agenda to accommodate the 6:00 p.m. public hearing schedule.