City of Industry

City Council

April 13, 2023 Order of Business 8 #3

Agenda Item 3

8.3 CONFERENCE WITH REAL PROPERTY NEGOTIATORS\nPursuant to Government Code Section 54956.8\nProperty: 1 Industry Hills Parkway, City of Industry, CA,\n91744 also known as_ Assessor Parcel\nNumbers (portion of) 8247-014-900, (portion\nof) 8247-013- 908, 8262-001-900, 8262-001902, (portion of) 8262-011-930, 8262-011- 931,\n8262-012-270, 8262-012- 271, 8262-012-272,\n8262-012-273, (portion of) 8262-012-274,\n(portion of) 8262-012- 275, 8262-012276,(portion of) 8262- 015-900, (portion of)\n8262-015-901, 8262-015-902, 8262-015-904,\n(portion of) 8262-015-905, 8263-008-270,\n8263- 008-271, 8263-008-904 and 8263-027\n270\nAgency Negotiators: Josh Nelson, City Manager\nJames M. Casso, City Attorney\nNegotiating Parties: Majestic Industry Hills, LLC, a Delaware limited\nliability company\nUnder Negotiation: Price and terms of payment