City Council

13. Purchase Agreement for Property Located at 1816 First Street and 1822 First Street\nUtilizing Affordable Housing Funds The City is proposing to purchase two properties with\naffordable housing funds located at 1816 and 1822 First Street. The property had been the\nsubject of the code enforcement process and receivership. This action will purchase the\nproperty for eventual development and improvement to the surrounding neighborhood.\nRecommendation: That the City Council approved the purchase agreement for the properties at\n1816 and 1822 First Street, authorize the City Manager to execute applicable documents, and\napprove a Resolution appropriating $440,000 from the Affordable Housing Fund (Fund 226).