City Council

14. AGREEMENT OF PURCHASE AND SALE BETWEEN KAISER FOUNDATION HEALTH PLAN INC., AND THE CITY OF PASADENA, FOR THE PROPERTY COMMONLY KNOWN AS 450 NORTH LAKE AVENUE, LOCATED IN THE CITY OF PASADENA, COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, APN NOS. 5732-017-017 AND 5732-017-018 AND AMEND THE FISCAL YEAR (FY) 2023 OPERATING BUDGET BY AN AMOUNT NOT-TO-EXCEED $12,000,000 Recommendation: It is recommended that the City Council: (1) Find that the proposed acquisition of the subject property is being undertaken without plans for any specific use or development of the property at this time and therefore the mere change in title ownership does not have the possibility of causing any potentially significant impact on the environment, and on that basis, is exempt from environmental review under the California Environmental Quality Act pursuant to State CEQA Guidelines Section 15061(b) (3) under the common sense exemption because it can be seen with certainty that the change in title ownership of the property has no possibility of having a significant effect on the environment; (2) Find that the proposed acquisition of the subject property is consistent with the City’s adopted General Plan; (3) Authorize the City Manager to execute an Agreement of Purchase and Sale between KAISER FOUNDATION HEALTH PLAN INC., and the CITY OF PASADENA, for the property commonly known as 450 North Lake Avenue, located in the City of Pasadena, County of Los Angeles, State of California, APN Nos. 5732-017-017 and 5732-017- 018 for an amount not-to-exceed $12,000,000, concurrent with the County of Los Angeles Board of Supervisor’s approval of an agreement of fiscal partnership with the City; and (4) Amend the FY 2023 Operating Budget by transferring up to $12,000,000 from the American Rescue Plan Act Fund (244) to the General Fund (101) for the purchase of property.