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EVERETT CITY COUNCIL AGENDA ITEM COVER SHEET <br /> PROJECT TITLE: <br /> Purchase and Sale Agreement Consent COUNCIL BILL# <br /> for property located at 3802 X Action Originating Department Real Property <br /> Shore Ave adjacent to First Reading Contact Person Mike Palacios <br /> Edgewater Park. Paul Kaftanski <br /> Second Reading Phone Number 425-257-8938 <br /> 425-257-8335 <br /> Third Reading FOR AGENDA OF January 2, 2008 <br /> Public Hearing <br /> Initialed by: <br /> Department Head <br /> CAA <br /> Council President <br /> Location Preceding Action Attachments Department(s)Approval <br /> 3802 Shore Ave Real Estate Comm. 1. Purchase Legal <br /> 6/20/07 and Sale Agreement Parks Dept. <br /> 2. Vicinity Map Real Property <br /> Amount Budgeted $720,000 plus cost <br /> Expenditure Required $720,000 plus cost Account Number(s): 145-397-0000-009 <br /> Budget Remaining -0- <br /> Additional Required -0- <br /> DETAILED SUMMARY STATEMENT: <br /> The City proposes to acquire the property located at 3802 Shore Ave for park purposes. The parcel is <br /> approximately 12,485 square feet in area and is developed with a single family residence. The proposed <br /> acquisition cost is $720,000 plus closing costs. The property sits immediately east and contiguous to <br /> Edgewater Park and is bounded on the north by Shore Ave and on the south by Mukilteo Blvd. The property <br /> provides for the future expansion and enhancement of Edgewater Park. <br /> RECOMMENDATION (Exact action requested of Council): <br /> Authorize the Mayor to execute the Purchase and Sale Agreement for the acquisition of property located at <br /> 3802 Shore Ave adjacent to Edgewater Park. <br /> 8 <br />