HomeMy Public PortalAbout01) CC Agenda - 2013-07-01 SPECIAL PROPERTY ACQUISITION
CITY COUNCIL
TEMPLE CITY, CALIFORNIA
SPECIAL MEETING
JULY 1, 2013 – 8:00 PM
COUNCIL CHAMBERS – 5938 KAUFFMAN AVENUE
1. CALL TO ORDER – Mayor Sternquist
2. ROLL CALL – Councilmember – Chavez, Vizcarra, Yu, Blum, Sternquist
3. PUBLIC COMMENTS
4. CLOSED SESSION
Purpose: Conference with Real Property Negotiator regarding
price and terms of payment.
Property: 5922 Primrose Avenue, Temple City, CA 91780
Authority: Government Code Section 54956.8
Agency Negotiator: Jose Pulido, City Manager
5. NEW BUSINESS ITEM
A. PURCHASE AND SALE AGREEMENT FOR 5922 PRIMROSE AVENUE
Over the past year as opportunities have arisen , staff has been diligent in
implementing recommendations for the Downtown Parking Strategic Plan.
Purchasing the Primrose property now, at a time when real estate prices
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City Council Agenda
July 1, 2013
Page 2 of 2
are relatively low, presents a viable and timely opportunity to provide for
more parking in the near future. Furthermore, given the property’s interior
location between two city parking lots and a City-owned building,
purchasing this property could allow the City to assemble the properties
for future public parking structure-a recommendation identified in the
Downtown Parking Strategic Plan.
Recommendation:
a) Approve the Purchase and Sale Agreement for 5922 Primrose
Avenue;
b) Approve a $1,500,000 appropriation from the Economic
Development Fund Reserve to purchase the property;
c) Approve a $25,000 appropriation from the Economic Development
Fund Reserve to conduct an appraisal and environmental review
required as part of the property purchase; and
d) Authorize the City Manager to execute the Purchase and Sale
Agreement and take all steps therein to complete the transaction.
6. ADJOURNMENT
Notice: Staff reports or other written documentation relating to each item of
business of this Agenda are available for viewing on the City’s website at
www.templecity.us and are on file in the Office of the City Clerk located at City
Hall, 9701 Las Tunas Drive, Temple City, California, and available for review
during regular office hours.
I hereby certify under penalty of perjury under the laws of the State of California that the foregoing
agenda was posted on the Civic Center bulletin board not less than 72 hours prior to the meeting.
Marilyn Bonus, Deputy City Clerk
Signed and Posted: June 27, 2013 (5:00 p.m.)
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