Cities Index.
Proposed Resolution 2025-01.pdf

Fairfield City Council
January 21, 2025

Document
Proposed Resolution 2025-01.pdf
Meeting
January 21, 2025
Body
Fairfield City Council
Pages
2
Original file
198 KB
Text extracted from the city's file for reading and search. Open the original on pub-fairfield.escribemeetings.com. That file is the official record.

CITY OF FAIRFIELD

RESOLUTION NO. 2025-01

APPROVING AND AUTHORIZING THE EXECUTION OF THE PURCHASE AND SALE AGREEMENT AND JOINT ESCROW INSTRUCTIONS BETWEEN THE CITY AND PATRICK M. LIVELY FOR THE PROPERTY LOCATED AT 2250 & 2256 N TEXAS STREET LOCATED IN SOLANO COUNTY, CALIFORNIA AND AUTHORIZING AN UPDATE TO THE FISCAL YEAR 2024-2025 BUDGET

WHEREAS, Patrick M. Lively is the owner of the parcels located at 2250 & 2256 N Texas Street, APNs 0034-144-140 and 0034-130-010 (collectively “the Property”); and

WHEREAS, the City wishes to purchase the Property for the continued use of the PAL Youth Center; and

WHEREAS, the City and Patrick M. Lively wish to enter into a Purchase and Sale Agreement and Joint Escrow Instructions (Purchase and Sale Agreement) to transfer the Property; and

WHEREAS, Patrick M. Lively reviewed, approved, and executed the Purchase and Sale Agreement; and

WHEREAS, funding was not allocated for this project in the City’s approved Fiscal Year (FY) 2024- 2025 Budget, thus requiring a budget adjustment of $1,800,000 to Capital Building Fund (Fund 254) to be funded from the AB1600 Government Facilities Fund (Fund 262) in the amount of $1,300,000 and the Intergovernmental Services Fund (Fund 551) in the amount of $500,000; and

WHEREAS, the revised appropriation constitutes an update to the FY 2024 -2025 Budget approved pursuant to Resolution No. 2023-149.

NOW, THEREFORE, THE COUNCIL OF THE CITY OF FAIRFIELD HEREBY RESOLVES:

Section 1. The City Council hereby approves the Purchase and Sale Agreement by and between the City of Fairfield and Patrick M. Lively for the Property, as attached hereto, with minor or clarifying revisions as may be approved by the city attorney.

Section 2. The city manager or designee is hereby authorized to do all things necessary and proper to implement the above -mentioned transaction including executing any documents needed to manage and maintain the Property.

Section 3. The council hereby approves a budget amendment of $1,800,000 to increase appropriations to the Capital Building Fund (Fund 254) to be funded from the AB1600 Government Facilities Fund (Fund 262) in the amount of $1,300,000 and the Intergovernmental Services Fund (Fund 551) in the amount of $500,000.

RES. NO. 2025-01

Page 2 ends

PASSED AND ADOPTED this 21st day of January 2025, by the following vote:

AYES: MEMBERS: MOY/BERTANI/CARR/PANDURO/SANDHU/TONNESEN/WILLIAMS NOES: MEMBERS: _________________________________________________ ABSENT: MEMBERS: _________________________________________________ ABSTAIN: MEMBERS: _________________________________________________

_________________________________________________
MAYOR
ATTEST:
___________________________

CITY CLERK

← All documents from this meeting