City Council

5. RECOGNIZED OBLIGATION PAYMENT SCHEDULE ENFORCEABLE OBLIGATION\nNUMBER 62 SALE AND PURCHASE AGREEMENT FOR MILLER PROPERTY AT\n127 WEST CHAPMAN AVENUE\nProposed Motion:\n1. Authorize City Manager, or designated staff, to effectuate and complete purchase of\ncertain real property located at 127 West Chapman Avenue, APN No. 032-212-15, as\nSuccessor Agency to the City of Fullerton, for a CBRE appraised fair market value in\nline with executed agreement, using approved RPTTF funds, fulfilling ROPS\nenforceable obligation No. 62.\n2. Authorize City Manager to execute Quitclaim Deed or similar conveyance instrument,\nincluding a Certificate of Acceptance, to transfer real property at 127 West Chapman\nAvenue, APN No. 032-212-15, from the Successor Agency to the City of Fullerton\npursuant to the Sale and Purchase Agreement to use as a public parking lot.\n3. Adopt the following resolutions:\nRESOLUTION NO. 2024-XXX - A RESOLUTION OF THE CITY COUNCIL OF THE\nCITY OF FULLERTON, CALIFORNIA, APPROVING TRANSFER FROM THE\nFULLERTON SUCCESSOR AGENCY AND ACCEPTANCE BY THE CITY OF\nFULLERTON OF TITLE OWNERSHIP FOR REAL PROPERTY LOCATED AT\nPARCEL NUMBER 032-212-15\nRESOLUTION NO. SA 2024-XXX - A RESOLUTION OF THE SUCCESSOR\nAGENCY OF THE CITY OF FULLERTON, CALIFORNIA. APPROVING TRANSFER\nFROM THE FULLERTON SUCCESSOR AGENCY AND ACCEPTANCE BY THE\nCITY OF FULLERTON OF TITLE OWNERSHIP FOR REAL PROPERTY LOCATED\nAT PARCEL NUMBER 032-212-15