12. AUTHORIZE THE CITY MANAGER TO ACCEPT AN OFFER TO PURCHASE AND EXECUTE ALL NECESSARY DOCUMENTATION REQUIRED TO COMPLETE ESCROW FOR THE FINAL DISPOSITION OF REAL PROERTY AT 1810 OLD TUSTIN AVENUE, SANTA ANA (APN: 396-333-02) The City has received a letter of intent and proposed purchase agreement for real property at 1810 Old Tustin Avenue (APN: 396-333-02). Staff seeks City Council approval to authorize the City Manager to accept purchase offer and to complete the disposition of property by executing all necessary documentation to finalize and close escrow in a timely manner. - City of Tustin, CA

Meeting: Regular Meeting of the City Council/ Closed Session at 5:30 pm/Regular Meeting at 7:00 pm

Meeting Time: August 16, 2022 at 5:30pm PDT

Agenda Item

12. AUTHORIZE THE CITY MANAGER TO ACCEPT AN OFFER TO PURCHASE AND EXECUTE ALL NECESSARY DOCUMENTATION REQUIRED TO COMPLETE ESCROW FOR THE FINAL DISPOSITION OF REAL PROERTY AT 1810 OLD TUSTIN AVENUE, SANTA ANA (APN: 396-333-02) The City has received a letter of intent and proposed purchase agreement for real property at 1810 Old Tustin Avenue (APN: 396-333-02). Staff seeks City Council approval to authorize the City Manager to accept purchase offer and to complete the disposition of property by executing all necessary documentation to finalize and close escrow in a timely manner.