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Title:
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PURCHASE AND SALE AGREEMENT WITH RIYOKO WYLIE, TRUSTEE OF THE RIKA-RIYOKO TRUST, FOR THE ACQUISITION OF 1.38 ACRES OF LAND LOCATED AT 1395 CHICAGO AVENUE, ASSESSOR PARCEL NUMBER 210-060-033, FOR A TOTAL COST OF $630,000 FOR THE HUNTER SUBSTATION REBUILD PROJECT AND FUTURE WATER FACITLITY – APPROVE WORK ORDER NO. 1816795 FOR $587,000 FOR ELECTRIC DIVISION AND WORK ORDER NO. 1817967 FOR $43,000 FOR THE WATER DIVSION
That the Board of Public Utilities:
1. Recommend that the City Council approve a Purchase and Sale Agreement with Riyoko Wylie, Trustee of the Rika-Riyoko Trust, for the acquisition of 1.38 acres of land located at 1395 Chicago Avenue, APN 210-060-033, for the sale price of $615,000 for the Hunter Substation Rebuild Project and future water facility, and estimated costs for Phase I Environmental Site Assessment Report. title, escrow, and miscellaneous closing costs not to exceed $15,000, for a total of $630,000;
2. Recommend that the City Council authorize the Cit...
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