CITY COUNCIL
Kevin McCarty, Mayor
Lisa Kaplan, District 1
Roger Dickinson, District 2
Karina Talamantes, Vice Mayor, District 3
Phil Pluckebaum, District 4
Caity Maple, District 5
Eric Guerra, Mayor Pro Tem, District 6
Rick Jennings, II, District 7
Mai Vang, District 8
CHARTER OFFICERS
Mindy Cuppy, City Clerk
Susana Alcala Wood, City Attorney
Farishta Ahrary, City Auditor
Leyne Milstein, Interim City Manager
John Colville, City Treasurer
City Council
Financing Authority
Housing Authority
Public Financing Authority
Redevelopment Agency Successor Agency
City Hall Complex
915 I Street, Sacramento, CA 95814
Published by the Office of the City Clerk
(916) 808-7200
SUPPLEMENTAL MATERIAL
Description: Attached is supplemental material received after publishing the agenda, the item will be withdrawn. The attached staff report replaces the original staff report in its entirety.
For the Meeting of: Tuesday, February 25, 2025 at 5:00 p.m.
Agenda Item: Consent Item 21
21. Fourth Amendment to Purchase and Sale Agreement: 3625 Fong Ranch Road
File ID: 2024-01848
Location: 3625 Fong Ranch Road, District 3
Recommendation: Item Withdrawn.
Contact: Richard Sanders, Facilities & Real Property Superintendent, (916) 808- 7034, [email protected], Department of Public Works; Ya-yin Isle, City Housing Manager, (916) 808-1869, [email protected], City Manager’s Office of Innovation and Economic Development
City of Sacramento
City Council - 5PM Report
915 I Street Sacramento, CA 95814
www.cityofsacramento.org
File ID: 2024-01848 2/25/2025 Consent Item 21.
Fourth Amendment to Purchase and Sale Agreement: 3625 Fong Ranch Road File ID: 2024-01848
Location: 3625 Fong Ranch Road, District 3
Recommendation: Item withdrawn. Adopt a Resolution: 1) approving the Fourth Amendment to Purchase and Sale Agreement (“Fourth Amendment to PSA”) with Anton Fong Ranch Owners, LLC (“Anton”), for the sale of a portion of the real property located at 3625 Fong Ranch Road, APN:
225-0170-064 (the “Property”); 2) approving the revised Regulatory Agreement with Anton for a portion of the property that will include approximately 115 affordable housing units, in the form attached to the Fourth Amendment to PSA; 3) authorizing the City Manager or the City Manager’s designee to: execute the Fourth Amendment to PSA and implement the revised escrow instructions; at closing execute the revised Regulatory Agreement and Grant Deed; and to take all actions and execute all additional documents as may be necessary to implement the revised Property sale.
Contact: Richard Sanders, Facilities & Real Property Superintendent, (916) 808-7034, [email protected], Department of Public Works; Ya-yin Isle, City Housing Manager, (916) 808-1869, [email protected], City Manager’s Office of Innovation and Economic Development