File #: 2017-712    Version: 1 Name:
Type: Closed Session Status: Agenda Ready
File created: 8/30/2017 In control: City Council
On agenda: 9/5/2017 Final action:
Title: CONFERENCE WITH REAL PROPERTY NEGOTIATOR (CITY COUNCIL)
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Report to Mayor and City Council

Tuesday, September 05, 2017

Closed Session

 

 

SUBJECT:                     

Title

CONFERENCE WITH REAL PROPERTY NEGOTIATOR  (CITY COUNCIL)

 

Body

I.                     SUMMARY

II.                     RECOMMENDATION

Recommendation

A closed session will be held, pursuant to Government Code Section 54956.8, to enable the City Council to consider negotiations with Randy Brant, Executive Vice President of Macerich and Jeffrey M. Axtell, Executive Vice President and Regional Manager of Vestar, and to give direction to its negotiator(s) Kenneth C. Farfsing, City Manager, John Raymond, Community Development Director  and Sunny Soltani, City Attorney, regarding certain real property known as APN Nos. 733 601 0903 and 733 601 0904.  The City’s real property negotiator will seek direction from the City Council regarding the price and terms of payment for the property.

 

Body

III.                     ALTERNATIVES

IV.                     BACKGROUND

V.                     FISCAL IMPACT

VI.                     EXHIBITS

 

Prepared by: