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 Agency Recommended 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).