C.2. 24-037 Adopt a resolution approving a binding Letter of Offer for property located at 1403 W. Atherton Drive, Manteca, California 95337, from the Dutra Family in an amount not to exceed $2.2 million; approve a budget appropriation in the amount of $2.2 million to Capital Improvements-Government Land (Account No. 100.00.00.900-8000.01); amend the Fiscal Year 2023-24 Capital Improvement Plan to include this purchase as a project and assign a project number; appropriate budget of $2.2 million to project; authorize City Manager to adjust budget appropriations as necessary to effectuate the agreement and close escrow; and authorize the Mayor and/or City Manager to sign the agreement and all necessary documents. - City of Manteca

Meeting: City Council Regular Meeting

Meeting Time: January 16, 2024 at 6:00pm PST

Agenda Item

C.2. 24-037 Adopt a resolution approving a binding Letter of Offer for property located at 1403 W. Atherton Drive, Manteca, California 95337, from the Dutra Family in an amount not to exceed $2.2 million; approve a budget appropriation in the amount of $2.2 million to Capital Improvements-Government Land (Account No. 100.00.00.900-8000.01); amend the Fiscal Year 2023-24 Capital Improvement Plan to include this purchase as a project and assign a project number; appropriate budget of $2.2 million to project; authorize City Manager to adjust budget appropriations as necessary to effectuate the agreement and close escrow; and authorize the Mayor and/or City Manager to sign the agreement and all necessary documents.