Manhattan Beach
City Council
Agenda Item 10
10. Consideration of Resolutions Authorizing the Acquisition of Property 25-0157\nLocated at 400 Manhattan Beach Boulevard; Appropriating $13,221,000\nfrom the CIP Fund for the Purchase and Potential Demolition of the On-Site\nStructure; Transferring $13,221,000 from the Unreserved General Fund\nBalance to the CIP Fund; Authorizing the City Manager to Execute All\nDocuments Required to Complete the Acquisition; and Approving the\nIntention to Issue Tax-Exempt Obligations (Unbudgeted) (City Manager\nMirzakhanian).\n(Estimated Time: 1 Hr.)\nA) ADOPT RESOLUTION NOS. 25-0035 and 25-0036\nB) APPROPRIATE FUNDS\nAttachments: Resolution No. 25-0035\nResolution No. 25- 0036\nLocation Map