City Council

A-2. 24-241 CC - ACTION ITEM: (1) AUTHORIZATION TO ENTER\nINTO AN AGREEMENT WITH THE DANIEL A. RETTING\nSEPARATE PROPERTY TRUST ESTABLISHED UNDER\nTHE DANIEL AND ELLEN RETTING FAMILY TRUST AND\nTHE RETTING TRUST DATED OCTOBER 25, 1989 FOR\nTHE PURCHASE AND SALE OF THE PROPERTY\nLOCATED AT 11029 WASHINGTON BOULEVARD IN\nCULVER CITY IN THE AMOUNT OF $6,500,000; (2)\nAPPROVAL OF AN AMOUNT NOT-TO-EXCEED $250,000\nFOR CLOSING COSTS; (3) FOUR-FIFTHS VOTE\nREQUIREMENT: APPROVAL OF RELATED BUDGET\nAMENDMENTS; AND (4) DIRECTION TO CITY MANAGER\nAS DEEMED APPROPRIATE.