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December 20, 2016 — the Pleasanton City Council approves the proposed Agreement <br /> and authorizes the City Manager to sign the Agreement <br /> January/February 2017 — the San Francisco Board of Supervisors adopts a resolution <br /> approving the proposed Agreement <br /> February/March 2017 — San Francisco's Mayor signs the resolution approving the <br /> proposed Agreement City of Pleasanton provides $1,500 deposit and the 60-day <br /> contingency period begins <br /> 60-day Contingency Period —COP conducts environmental assessment of the Old Bernal <br /> Parcel <br /> Before the end of the 60-day Contingency Period — Increase deposit to $100,000 and the <br /> closing period begins <br /> March/April 2017 — close on the property and transfer balance of $4 1 million to the <br /> SFPUC and pay closing costs <br /> Submitt d by Approved by <br /> Ikta ULY <br /> Tina Olson Nelson Fialho <br /> Director of Finance City Manager <br /> Attachments <br /> 1 Purchase Agreement between the City and SFPUC for the Purchase of 401 and <br /> 403 Old Bernal Avenue <br /> 2 Map identifying Old Bernal Parcel Location <br /> Page 3 of 3 <br />