26-432

a. Find that the subject property transfer is categorically exempt from the California Environmental Quality Act (CEQA) pursuant to CEQA Guidelines California Code of Regulations (CCR) section 15061; and b. Approve the Buyer’s Escrow Instructions between the County of Monterey and the Life Foundation Monterey, LLC, a California Limited Liability Corporation, to acquire one parcel including an approximately 99,000 square foot commercial building (the Property), located at 1000 South Main Street, Salinas California, 93901, for the purchase price of $7,000,000 including a separate estimated $20,000 escrow and due diligence related fees, for use by the Department of Social Services, pursuant to Government Code Section 25350.60; and c. Authorize the County Administrative Officer to execute the Buyer’s Escrow Instructions, and any related documents needed to complete the transaction, including, but not limited to, a Grant Deed and form by the Office of the County Counsel. d. Adopt Budget Resolution and Authorize the Auditor-Controller and County Administrative Office to make the related budget amendments to the Fiscal Year (FY) 2025-26 Adopted Budget and related transfers (4/5ths vote required): 1. Increase appropriations by $7,020,000 in General Fund 001 ,Other Financing Uses Appropriation Unit CAO017 (001-CAO017-1050-8038), financed by Unassigned Fund Balance previously designated by the Board for purchase of the 1000 South Main Street (Operating Transfer Out). 2. Increase revenue and appropriations by $7,020,000 for Fund 478 - Resource Planning, Appropriation Unit CAO047 (478-CAO047-1050-8539), financed by an Operating Transfer In from the General Fund to effectuate the purchase in fund 478.

General Agenda Item Passed Introduced May 6, 2026

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