City Council

9. Adopt the City Council Resolution that: (a) makes certain findings under CEQA, (b) approves\nthe Purchase and Sale Agreement to acquire the Property located at 17101 Bushard Street,\nFountain Valley, CA 92708 for a purchase price of $8,125,000, (c) authorizes and directs the\nCity Manager to take all necessary steps to close escrow and complete the purchase of the\nProperty; and (d) appropriates General Fund reserve assigned to Measure HH in the amount\nof $8,185,000 to purchase the property and pay all closing costs and installation of security\nmeasures – Presentation by Omar Dadabhoy, Deputy City Manager/Community Development\nDirector Page 76\nCOUNCIL MEMBER ITEMS FOR FUTURE CONSIDERATION\nCITY COUNCIL/ SUCCESSOR AGENCY/ HOUSING AUTHORITY/ PUBLIC COMMENTS\n(Unscheduled Matters Only)\nPersons wishing to speak on an unscheduled matter are requested to identify themselves by\ncompleting a blue speaker and to give the card to the City Clerk. Each person will have up to 3\nminutes to speak. The City Clerk will call upon those that wish to speak.\nCITY COUNCIL/SUCCESSOR AGENCY/HOUSING AUTHORITY AB 1234/GENERAL\nCOMMENTS\nADJOURN THE MEETING OF THE CITY COUNCIL/SUCCESSOR