Title
Subject: 51st Street And Telegraph Avenue Property Surplus
From: Community and Economic Development Agency
Recommendation: Approve The Final Passage (Second Reading) Of A City Ordinance Authorizing The City Administrator To Enter Into A Purchase And Sale Agreement To Sell To 5110 Telegraph LLC., The Adjoining Property Owners, Approximately 4,600 Square Feet Of City Owned Surplus Real Properties (Portions Of Assessor Parcel Number (s): 014-1226-008-00, 014-1226-009-01, 014-1226-007-02, 014-1226-006-02, 014-1226-005-02, 014-1226-004-03, 014-1226-003-03) Located At 51st Street And Telegraph Avenue For The Fair Market Value Of $246,000; Appropriating The Proceeds Of The Sale Into The Real Estate Surplus Property Project