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CIC-19

Consideration of a Resolution Approving Trust Agreements, a Site and Facilities Lease, Lease Agreement, Contract of Purchase, and Assignment Agreement, and Authorizing the Taking of Certain Actions in Connection with the Execution and Delivery of Not-to-Exceed $13.4 Million Certificates of Participation to Reimburse the City’s General Fund for the Purchase of 400 Manhattan Beach Boulevard and Not-to-Exceed $3.8 Million Certificates of Participation to Reimburse the City’s General Fund for the Purchase of Public Safety Radio Communications Equipment (Chief Financial Officer Bretthauer). (Estimated Time: 10 Min.) ADOPT RESOLUTION NO. CIC-14

*Capital Improvement Corporation Agenda Ready Introduced July 29, 2025

What this record is

Amount
$13.4M
Runs until
no end date published in this record
Type
purchase
Field
Real estate

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

Committee
City Council Regular Meeting
Requested by
Finance Department
Introduced
July 29, 2025
On agenda
August 5, 2025
Passed
August 5, 2025

Where it was heard

City Council Regular Meeting Aug 5, 2025 approved Pass