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File #: ID 24-523    Version: 1 Name:
Type: Action Item Status: Passed
File created: 4/9/2024 In control: City Council
On agenda: 5/2/2024 Final action: 5/2/2024
Title: Actions pertaining to the Blackstone McKinley BNSF Grade Separation Project (Council Districts 1 and 7): 1. Approve the Agreement for Purchase and Sale of Real Property and Escrow Instructions to acquire fee interest of a 0.11-acre (4,800 square feet) parcel improved with a single-family residence located at 1599 North Calaveras Street (Assessor's Parcel Number (APN) 451-063-02), owned by Edward D. Fanucchi and Mariangela Tosto, in the amount of $525,000; 2. Approve the Agreement for Purchase and Sale of Real Property and Escrow Instructions to acquire fee interest of a 0.115-acre (5,000 square feet) parcel improved with a single-family residence located at 1598 North Glenn Avenue (APN 451-063-01), owned by Edward D. Fanucchi, in the amount of $340,000; 3. Approve the Agreement for Purchase and Sale of Real Property and Escrow Instructions to acquire fee interest of a 0.115-acre (5,000 square feet) parcel improved with a single-family residence located at 1592 North Glenn Avenue (APN 4...
Sponsors: Capital Projects Department, Public Works Department
Attachments: 1. 24-523 Purchase and Sale Agreement (Fanucchi and Tosto).pdf, 2. 24-523 Purchase and Sale Agreement (Fanucchi).pdf, 3. 24-523 Purchase and Sale Agreement (Foglio).pdf, 4. 24-523 Vicinity Map.pdf, 5. 24-523 Location Map.pdf
REPORT TO THE CITY COUNCIL


FROM: RANDALL W. MORRISON, PE, Director
Capital Projects Department

SCOTT L. MOZIER, PE, Director
Public Works Department

BY: NANCY BRUNO, Supervising Real Estate Agent
Capital Projects Department, Capital Administration Division

SUBJECT
Title
Actions pertaining to the Blackstone McKinley BNSF Grade Separation Project (Council Districts 1 and 7):
1. Approve the Agreement for Purchase and Sale of Real Property and Escrow Instructions to acquire fee interest of a 0.11-acre (4,800 square feet) parcel improved with a single-family residence located at 1599 North Calaveras Street (Assessor's Parcel Number (APN) 451-063-02), owned by Edward D. Fanucchi and Mariangela Tosto, in the amount of $525,000;
2. Approve the Agreement for Purchase and Sale of Real Property and Escrow Instructions to acquire fee interest of a 0.115-acre (5,000 square feet) parcel improved with a single-family residence located at 1598 North Glenn Avenue (APN 451-063-01), owned by Edward D. Fanucchi, in the amount of $340,000;
3. Approve the Agreement for Purchase and Sale of Real Property and Escrow Instructions to acquire fee interest of a 0.115-acre (5,000 square feet) parcel improved with a single-family residence located at 1592 North Glenn Avenue (APN 451-063-30), owned by Allan Foglio Jr. and Jennifer Foglio, in the amount of $225,000.

Body
RECOMMENDATIONS

Staff recommends that the City Council 1) approve the Agreement for Purchase and Sale of Real Property and Escrow Instructions to acquire fee interest of a 0.11-acre (4,800 square feet) parcel improved with a single-family residence located at 1599 North Calaveras Street (APN 451-063-02), owned by Edward D. Fanucchi and Mariangela Tosto in the amount of $525,000, 2) approve the Agreement for Purchase and Sale of Real Property and Escrow Instructions to acquire fee interest of a 0.115-acre (5,000 square feet) parcel improved with a single-family residence located at 1598 North Glenn Aven...

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