Torrance

City Council

November 18, 2025 Order of Business 13 #B

Agenda Item B

13B. REAL PROPERTY – CONFERENCE WITH REAL PROPERTY NEGOTIATOR\n(California Government Code § 54956.8):\n1. Property: 3511-3525 Pacific Coast Highway, Torrance, CA 90505\nAgency Negotiator: Aram Chaparyan\nNegotiating Parties: City of Torrance and KLM Madison, LLC\nUnder Negotiation: Price and terms and conditions of lease\n2. Property: 2217 Border Avenue, Torrance, CA 90501 (APN: 7357-021-004)\nAgency Negotiator: Aram Chaparyan\nNegotiating Parties: City of Torrance and Border Avenue LLC\nUnder Negotiation: Price and terms and conditions for purchase\n3. Property: Water rights do not have an address or APN\nAgency Negotiator: Aram Chaparyan\nNegotiating Parties: City of Torrance and Phillips 66 Company\nUnder Negotiation: Price and terms and conditions for purchase of water rights