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File #: 2020-152    Version: 1 Name:
Type: Closed Session Status: Agenda Ready
File created: 3/3/2020 In control: Carson Reclamation Authority
On agenda: 3/5/2020 Final action:
Title: CONFERENCE WITH REAL PROPERTY NEGOTIATOR

Report to Carson Reclamation Authority

Thursday, March 05, 2020

Closed Session

 

 

SUBJECT:                     

Title

CONFERENCE WITH REAL PROPERTY NEGOTIATOR

 

Body

I.                     SUMMARY

II.                     RECOMMENDATION

Recommendation

A closed session will be held, pursuant to Government Code Section 54956.8, to provide direction to the Executive Director to negotiate with one or more of the following developers regarding that certain real property located on Cells 3, 4 and 5 of 20400 South Main Street, the Former Cal Compact Landfill.  The Authority’s real property negotiator will seek direction from the Authority Board regarding the price and terms of payment for the property:

 

William Shopoff, President,

Shopoff Realty Investments,

 

Jason Illoulian, President,

Faring Capital Company

 

Mark Payne, Partner,

Panattoni Development Company, Inc.

 

 

Body

III.                     ALTERNATIVES

IV.                     BACKGROUND

V.                     FISCAL IMPACT

VI.                     EXHIBITS

 

Prepared by: