CC Resolution 11889Attachment 1
RESOLUTION NO. t1ss9
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CAMPBELL
APPROVING THE PURCHASE AND SALE AGREEMENT FOR THE SALE OF CITY
PROPERTY BETWEEN THE CITY OF CAMPBELL AND ALHAMBRA APARTMENTS
L.P., AUTHORIZING THE CITY MANAGER TO EXECUTE THE AGREEMENT, AND
APPROVING A BUDGET ADJUSTMENT
WHEREAS, on January 6, 2015, City Council authorized negotiations for the sale of a
portion of the property at 290 Dillon Avenue; and
WHEREAS, on September 15, 2015, City Council will consider approval of Planning
Application PLN2014-323 including a Mitigated Negative Declaration for the
construction of 157 residential units with said application dependent on the sale of City
property; and
WHEREAS, On August 11, 2015 the Planning Commission approved said Planning
Application, inclusive of the property proposed for sale herein, and certified its
conformance to the General Plan and its conformance to CEQA; and
WHEREAS, funds received from the sale of the property will be placed in a fund for
future improvements'at the Corporation Yard; and
WHEREAS, the City Council finds it is in the public's interest to sell said property.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Campbell
hereby approves the Purchase and Sale Agreement for the property at 290 Dillon
Avenue, and directs the City Manager to execute said agreement; and approves the
attached budget adjustment to allocate the funds received from the sale of the property
for current and future Corporation Yard improvements.
PASSED AND ADOPTED this 15~n day of September, 2015, by the following roll call
vote:
AYES: Councilmembers: cihhons, Resnikoff, Kotowski, Baker, Cristina
NOES: Councilmembers: None
ABSENT: Councilmembers: None
ATTEST: l
Wendy d, City Clerk