Laserfiche WebLink
Clerk -Administrator and City Council <br />Page Four <br />April 6, 1988 <br />It must be pointed out that the purchase of 8100 Groveland Road <br />is an investment with the City. If in the future the extension <br />does not go through or the monies are needed by the City, this <br />lot can be sold on the market. As the real estate in the City <br />becomes more scarce, it is believed that the City would be able <br />to obtain a good return on its investment. <br />STAFF RECOMMENDATION: Staff recommends purchasing the property <br />located at 8100 Groveland Road using monies from the Silver Lake <br />Floods project fund. <br />KH/bac <br />in <br />