City Council

a. A CLOSED SESSION WILL BE HELD PURSUANT TO GOVERNMENT CODE\nSECTION 54956.8.\nCONFERENCE WITH REAL PROPERTY NEGOTIATORS\nPURSUANT TO GOVERNMENT CODE SECTION 54956.8\nPROPERTY: APPROX. 59,916 SQ. FT. VACANT LOT, LOCATED WITHIN THE\nBORDERS OF 2730 CHERRY AVENUE AND 2701 ST. LOUIS AVENUE,\nSIGNAL HILL; ASSESSOR’S PARCEL NOS.: 7212-014-900, 7212-014-901,\n7212-014-902, 7212-014-903, 7212-014-904, 7212-014-905, 7212-014-906,\n7212-014-907, 7212-014-908, 7212-014-909, 7212-014-910.\nAGENCY-DESIGNATED NEGOTIATORS: MAYOR AND CITY MANAGER.\nNEGOTIATING PARTIES: CITY OF SIGNAL HILL, THE KENNEY COMPANY,\nRED MOUNTAIN GROUP, AND THEIR AUTHORIZED AGENTS OR\nREPRESENTATIVES.\nUNDER NEGOTIATION: PRICE AND TERMS OF PAYMENT.\nRECOMMENDATION: