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25-0157

Consideration of Resolutions Authorizing the Acquisition of Property Located at 400 Manhattan Beach Boulevard; Appropriating $13,221,000 from the CIP Fund for the Purchase and Potential Demolition of the On-Site Structure; Transferring $13,221,000 from the Unreserved General Fund Balance to the CIP Fund; Authorizing the City Manager to Execute All Documents Required to Complete the Acquisition; and Approving the Intention to Issue Tax-Exempt Obligations (Unbudgeted) (City Manager Mirzakhanian). (Estimated Time: 1 Hr.) A) ADOPT RESOLUTION NOS. 25-0035 and 25-0036 B) APPROPRIATE FUNDS

*Gen. Bus. - Staff Report Passed Introduced March 20, 2025

What this record is

Amount
$13.2M
Runs until
no end date published in this record
Type
purchase
Field
Construction

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

Committee
City Council Regular Meeting
Introduced
March 20, 2025
On agenda
April 1, 2025
Passed
April 1, 2025

Where it was heard

City Council Regular Meeting Apr 1, 2025 approved Pass