City Council

10. Consideration of Resolutions Authorizing the Acquisition of Property 25-0157 Located at 400 Manhattan Beach Boulevard; Appropriating $13,221,000 from the CIP Fund for the Purchase and Potential Demolition of the On-Site Structure; Transferring $13,221,000 from the Unreserved General Fund Balance to the CIP Fund; Authorizing the City Manager to Execute All Documents Required to Complete the Acquisition; and Approving the Intention to Issue Tax-Exempt Obligations (Unbudgeted) (City Manager Mirzakhanian). (Estimated Time: 1 Hr.) A) ADOPT RESOLUTION NOS. 25-0035 and 25-0036 B) APPROPRIATE FUNDS Attachments: Resolution No. 25-0035 Resolution No. 25- 0036 Location Map