Item Coversheet

NEW BUSINESS  13.

COMMITTEE MEMORANDUM

TO: Finance and Economic Resiliency Committee Members


FROM:
Jimmy L. Morales, City Manager


DATE: January 13, 2020


SUBJECT:DISCUSSION TO CONSIDER THE SALE OF CITY-OWNED PROPERTY LOCATED AT 6950 HARDING AVENUE, KNOWN AS PARKING LOT 84, TO INTEGRA REAL ESTATE, LLC AND TO NEGOTIATE A PURCHASE AND SALE AGREEMENT THROUGH WHICH THE CITY OBTAINS FAIR MARKET VALUE; AND, REFERRAL TO THE LAND USE AND DEVELOPMENT COMMITTEE TO CONSIDER THE REZONING AND FUTURE LAND USE MAP AMENDMENT OF THE CITY-OWNED PROPERTY LOCATED AT 6950 HARDING AVENUE, KNOWN AS PARKING LOT 84, UPON THE SALE OF SAID PROPERTY TO INTEGRA REAL ESTATE, LLC

ANALYSIS:

Item deferred to the February 2020 FERC meeting.

Applicable Area

Not Applicable
Is this a Resident Right to Know item? Does this item utilize G.O. Bond Funds?
No No