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HomeMy WebLinkAbout06-064 DATE SUBMITTED: March 8, 2006 AGENDA BILL CITY OF BREMERTON CITY COUNCIL BILL # Ofo~\f ....................................................u........................ SUBJECT: Purchase of Puget Sound Energy 17,550 sq. ft. parking lot at 10th and Park for a new Court facility. Committee Meeting Date: COUNCIL MEETING Date: Department: Presenter: Phone: SUMMARY: Staff is recommending the approval of the purchase and sal greement for the purchase from Puget Sound Energy, of the 17,550 sq. ft. of property at t south west corner of 10th and Park for the construction of a new Court facility. Purchase price 0 $249,000. A TT ACHMENTS: Real Estate Purchase and Sale Agreement. FISCAL IMPACTS (Include Budgeted Amount): The origi scope of the court facility relocation project envisioned remodeling of an existing City facility. e purchase of this land reflects the current direction of acquiring property and building a new; acility thereon. With this change in the scope of the project - additional funding of $500,000 w: I be needed for the Public Safety Bond Fund to provide for the land purchase and additional costs rated to new construction. A transfer of $500,000 from the General Fund and additional bu et expenditure approval is required 0 proceed with the land acquisition and construction ofthe w Municipal Court facility. The rem a ing funding requirements are provided for by Public Safety ond proceeds. FISCAL/BUDGET: OPERATIONS: COUNCIL PRESIDENT: APPROV ALS: DEPARTMENT DIRECTOR: CITY ATTORNEY: FINANCE DIRECTOR: MA YOR: I CONSENT AGENDA D I RECOMMENDED M ION: Move to approve the Puget Sound Energy/City of Bremerton Real Estate Purchase and Sa Agreement and authorize the Mayor to execute these documents in substantially the sam form as presented and to approve a 2006 budget amendment and transfer of $500,000 from the eneral Fund to the Public Safety Bond Fund to cover the purchase of this land and other addition costs. COUNCIL A TION: D Approve D Deny D Table D Continue D No Action