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File #: 21-9063    Version: 1 Name:
Type: Ordinances and Action Items Status: Adopted
File created: 3/24/2021 In control: City Council
On agenda: 3/30/2021 Final action: 3/30/2021
Title: Subject: Consider adopting a resolution approving the purchase of property at 10455 Torre Avenue, Cupertino (APN 369-40-009).
Attachments: 1. Staff Report, 2. A - Draft Resolution

Title

Subject:  Consider adopting a resolution approving the purchase of property at 10455 Torre Avenue, Cupertino (APN 369-40-009).

 

Recommended Action

1. Adopt Resolution No. 21-023 approving the purchase of the property at 10455 Torre Avenue, Assessors’ Parcel Number 369-40-009, from Rudd Charitab Stephen Unitrust (Seller), in the amount of $4,450,000, authorizing the City Manager to execute all necessary documents and related steps to complete the acquisition.

2. Approve increased budget appropriation of $4,450,000 in the General Fund-Non Departmental program for the purchase of the property.