Notes:
Notes:
"Shank House Conveyed - The Redevelopment Agency has conveyed the Shank House in the Downtown to the city as of February 17, pursuant to direction provided by the City Council as part of a series of actions taken on February 2. The Shank House was purchased by the Redevelopment Agency and has been used as the Downtown Police Substation since it was acquired and rehabilitated. By utilizing a Redevelopment Agency-owned property, the city's General Fund avoided the cost of renting or acquiring a site for a substation. A 2002 appraisal valued the property at $585,000 with a fair market rent being $6,485 per month or $77,820 per year."