Cypress

City Council

March 25, 2024 Item #15

Agenda Item 15

15. Approve a Purchase and Sale Agreement for City-Owned Property at 5732 Lincoln\nAvenue Click to View\nPrepared by: Alicia Velasco, Planning Director\nRecommendation:\n1. Adopt a Resolution approving a Purchase and Sale Agreement for City-owned property\nat 5732 Lincoln Avenue to Olson Urban Housing, LLC; and\n2. Authorize the City Manager to sign and finalize documents associated with the sale; and\n3. Find the project exempt from California Environmental Quality Act requirements.