City Council

10. Approve the Acquisition of Real Property at 6612 Cerritos Avenue Click to View\nPrepared by: Alicia Velasco, Planning Director\nRecommendation:\n1. Approve the purchase of real property at 6612 Cerritos Avenue in the amount of\n$2,700,000 and authorize a contingency for closing costs not to exceed $15,000; and\n2. Authorize the City Manager to sign and finalize all documents associated with the\npurchase; and\n3. Authorize a $2,715,000 appropriation increase in the Recreation and Park District’s\nGeneral Fund for the purchase.