Report to Mayor and City Council
Tuesday, January 14, 2020
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 Prologis Targeted U.S. Logistics Fund, L.P. with whom City is negotiating, and to give direction to its negotiator David C. Roberts, Jr., Assistant City Manager, regarding that certain real property 18620 South Broadway and 18601 South Main Street. The City’s real property negotiator will seek direction from the City Council regarding the price and terms of payment for the property.
III. ALTERNATIVES
IV. BACKGROUND
V. FISCAL IMPACT
VI. EXHIBITS
Prepared by: