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Presentation to Council 20220104

Sunnyvale City Council
January 4, 2022

Document
Presentation to Council 20220104
Meeting
January 4, 2022
Body
Sunnyvale City Council
Original file
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Text extracted from the city's file for reading and search. Open the original on legistar.granicus.com. That file is the official record.

Purchase of Two SFPUC Parcels on
1100 Block of Manzano Way for
Parkland
Chip Taylor, Director of Public Works
Council Public Hearing, January 4, 2022
2City of Sunnyvale – Council Public Hearing – Manzano Way – January 4, 2022 Location Map

3City of Sunnyvale – Council Public Hearing – Manzano Way – January 4, 2022 Area Map
• Fairwood
Park
• To be sold to Valley Water
• SFPUC
• Purchase
• by
• City of
• Sunnyvale
4City of Sunnyvale – Council Public Hearing – Manzano Way – January 4, 2022 Property Information
•Parcel 1: 6,002 sf
•Parcel 2: 8,817 sf
•Total size: 14,819 sf (0.34 ac)
•Zoning : R-0 Single Family
•Price: $1,135,000

5City of Sunnyvale – Council Public Hearing – Manzano Way – January 4, 2022 • Purchase Price: $1,135,000 – Appraisal update November 2021 • Due diligence: 10 days from both parties signing
• Phase I Environmental Completed - No Concerns
• Title Report Reviewed– No Concerns
• Hazard Report Reviewed – No Concerns
• City signs Agreement - SFPUC approval to sign 2-3 months Property Purchase Details and Process
6City of Sunnyvale – Council Public Hearing – Manzano Way – January 4, 2022 Recommendation
Authorize City Manager to execute an Agreement for Sale of Real Estate with City and County of San Francisco and approve Budget Modification No. 12 in the amount of $1,165,000

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