Title
Approve the Acquisition of Real Property at 996 West Dana Street (APN 158-13-029)
Recommended Action
1. Approve the acquisition of a residential property located at 996 West Dana Street (APN 158-13-029) owned by Terrie L. Eads, Trustee of the Terrie Lee Eads Revocable Trust, as to an undivided 50 percent interest and Lori J. Dunn, Trustee of the Lori J. Dunn Revocable Trust, as to an undivided 50 percent interest.
2. Approve a midyear Capital Improvement Project entitled, “Acquisition of 996 West Dana Street.”
3. Appropriate $3,400,000 from the Strategic Property Acquisition Reserve to the Project. (Five votes required)
4. Authorize the City Manager or his designee to execute all documents and take all necessary actions related to the acquisition of 996 West Dana Street (APN 158-13-029).