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File #: 190261    Version: 1 Name: Acquisition of Real Property - 494 Sunrise Way - Can Yuan Yu, Bao Yan Yu, and Cui Yan Yu - Total Not to Exceed $50,000
Type: Resolution Status: Passed
Introduced: 3/5/2019 In control: Clerk of the Board
On agenda: Final action: 3/22/2019
Enactment date: 3/22/2019 Enactment #: 134-19
Title: Resolution approving and authorizing the Real Estate Division, on behalf of Public Works, to acquire a portion of residential real property, located at 494 Sunrise Way, from Can Yuan Yu (33.33% ownership interest), Bao Yan Yu (33.33% ownership interest) and Cui Yan Yu (33.34% ownership interest), at a purchase price of $25,000 plus associated transaction and closing costs not to exceed $25,000 for a total amount not to exceed $50,000; adopting Planning Department’s findings that the conveyance is consistent with the General Plan, the eight priority policies of Planning Code, Section 101.1, and California Environmental Quality Act findings; and authorizing the Director of Property to execute documents, make certain modifications, and take certain actions in furtherance of the Purchase and Sale Agreement and this Resolution, as defined herein.
Sponsors: Shamann Walton
Attachments: 1. Leg Ver1, 2. DRAFT Agmt, 3. PLN Ltr 022718, 4. Form 126, 5. Comm Pkt 031319, 6. Board Pkt 031919, 7. Form 126 Final, 8. Leg Final
Legislation Details
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