File #: 14-3442    Version: 1 Name:
Type: Report Status: Agenda Ready
File created: 8/28/2019 In control: City Council
On agenda: 1/7/2020 Final action:
Title: Rail Purchase Agreement with BNSF Railroad for BNSF Property Interests in the City of Commerce
Attachments: 1. Staff Report, 2. Agreement, 3. Exhibit A, 4. Appraisal, 5. Resolution

Title

Rail Purchase Agreement with BNSF Railroad for BNSF Property Interests in the City of Commerce

Recommendation

The City Council will consider for adoption a Resolution approving a Purchase and Sale Agreement between the City of Commerce and BNSF Railroad for the acquisition of approximately eight railroad parcels with a combined area of approximately 103,857 square feet (2.38-acres).