23-0638

Recommendation to authorize City Manager, or designee, to execute any and all documents necessary including a Purchase and Sale Agreement and Escrow Instructions with the Long Beach Rescue Mission Foundation, Inc., a California public benefit corporation (Seller), or its assignee, for the purchase of certain real property located at 702 West Anaheim Street, Assessor Parcel Number 7271-005-009, in an amount not to exceed $7,500,000; Accept the Categorical Exemption CE 23-080; and Increase appropriations in the General Fund Group in the Economic Development Department by $7,500,000 for acquisition cost, offset by $3,750,000 funding to be received from the County of Los Angeles Chief Executive Office, $1,000,000 from General Fund Group funds available and $2,750,000 transfer of Measure A funding from the Capital Projects Fund Group. (District 1)

Agenda Item To Be Introduced Introduced June 9, 2023

What this record is

Held by: Long Beach Rescue Mission Foundation, Inc 2 records across this site
Amount: $7.50M
Runs until: no end date published in this record
Type: purchase
Field: Public safety

Read automatically from the title of the official record. The source document below is authoritative.