CC 03-19-2024 Item No. 8. City Owned Properties_Supplemental Report1
CITY COUNCIL STAFF REPORT
SUPPLEMENTAL 1
Meeting: March 19, 2024
Agenda Item 8
Subject
Review city‐owned properties
Recommended Action
Review city‐owned properties and provide direction to proceed with exploring
rehabilitation and future use of the Stocklmeir site
Background:
Staff’s responses to questions received from Councilmember Moore are shown in
italics.
Q1: Would someone please provide the Stocklmeir purchase agreement along with how
much is cost and what fund paid for it? (Moore)
Staff response: The Stocklmeir property was purchased in 1999 for $6,000,000. The purchase was
made through the General Fund. Attachment A provides the deed and additional details of the
purchase.
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Prepared by: Matt Morley, Assistant City Manager
Approved for Submission by: Pamela Wu, City Manager
Attachments Provided with Original Staff Report:
A. City Owned Property List
Attachments Provided with Supplemental 1:
B. Grant Deed