Signal Hill

City Council

May 27, 2025 Order of Business 3 #a

Agenda Item a

a.\nA CLOSED SESSION WILL BE HELD PURSUANT TO GOVERNMENT CODE\nSECTION 54956.8.\nCONFERENCE WITH REAL PROPERTY NEGOTIATORS\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 RED MOUNTAIN\nGROUP, AND THEIR AUTHORIZED AGENTS OR REPRESENTATIVES.\nUNDER NEGOTIATION: PRICE AND TERMS OF PAYMENT.