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HomeMy WebLinkAboutAGENDA REPORT 1996 0207 CC REG ITEM 07LITEM /. �f � . E -� AGENDA REPORT MOORPARK CITY COUNCIL TO: Honorable Mayor and Members of the City Council ;-E FROM: Steven G. Hayes, Redevelopment Manager DATE: January 31, 1996 (CC meeting of 01/07/96) SUBJECT: Consider Approval of a Certificate of Acceptance for property owned by Mr. Rosenkrantz - Park Lane and L.A. Avenue. DISCUSSION Previously, the City Council approved the purchase of property owned by Mr. Rosenkrantz located at Park Lane and L.A. Avenue, Moorpark, California. The cost of the land is $15, 000 based on 4,407.88 square feet and will be used for street purposes. Escrow fees will cost $945.00 for a total cost of purchase of $15,945.00. FUNDING Purchase to be funded by AD 92 -1, since purchase is necessitated by signal installation at Park Lane and L.A. Avenue. (ROLL CALL VOTE) Staff recommends that the City Council approve the Certificate of Acceptance for the subject property and appropriate $15,945 from the AD 92 -1 Construction Fund for the purchase of the property. 3GH.003- 01/31/96- January 31, 1996 000083