Escondido

City Council

December 13, 2023 Regular Item #8

Agenda Item 8

8. SETTLEMENT OF TOUCHSTONE LITIGATION AND FIRST AMENDMENT TO PURCHASE AND SALE\nAGREEMENT FOR MUNICIPAL PARKING LOT #1 PROJECT\nRequest the City Council approve Resolution No. 2023-164 to (1) authorize the settlement of the\nlitigation titled Touchstone MF Fund I, LLC v. City of Escondido; and (2) approve the First Amendment to\nPurchase & Sale Agreement.\nStaff Recommendation: Approval (City Attorney’s Office: Michael R. McGuinness, City Attorney)\nPresenter: Michael R. McGuinness, City Attorney\na) Resolution No. 2023-164