REPORT TO THE CITY COUNCIL
FROM: RANDALL W. MORRISON, PE, Director
Capital Projects Department
SCOTT L. MOZIER, PE, Director
Public Works Department
BY: ANTONIO M. BUELNA, PE, Assistant Director
Capital Projects Department, Capital Administration Division
NANCY BRUNO, Supervising Real Estate Agent
Capital Projects Department, Capital Administration Division
SUBJECT
Title
Approve the Agreement for Purchase and Sale of Real Property and Escrow Instructions to acquire fee interest of a 0.17-acre (7,405 square feet) improved parcel, identified as Assessor's Parcel Number 451-134-06, owned by RR-M Reyna, Inc., a California corporation, for an amount of $357,725, for the construction of the Blackstone McKinley BNSF Grade Separation Project. (Council Districts 1 and 7)
Body
RECOMMENDATION
Staff recommends the City Council approve the Agreement for Purchase and Sale of Real Property and Escrow Instructions to acquire fee interest of a 0.17-acre (7,405 square feet) parcel improved with two auto retail/repair storefronts located at 1483-1487 North Blackstone Avenue, identified as Assessor's Parcel Number (APN) 451-134-06 (Subject Property), owned by RR-M Reyna, Inc., a California corporation, for an amount of $357,725 for the construction of the Blackstone McKinley BNSF Grade Separation Project (Project), and authorize the Capital Projects Director or his designee to sign all documents necessary to complete the subject acquisition.
EXECUTIVE SUMMARY
The acquisition of APN 451-134-06 (Subject Property) will provide the City with fee title interest of the real property located at 1483-1487 North Blackstone Avenue, Fresno, California, which is necessary to construct the Blackstone McKinley BNSF Grade Separation Project. The Project requires the fee title acquisition of the Subject Property, owned by RR-M Reyna, Inc., a California corporation (Owner), improved with two commercial establishments known as Sound City and Smith Auto Care. T...
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