Long Beach

City Council

9. 26-54532 Recommendation to authorize City Manager, or designee, to execute any and all documents necessary, including a Standard Offer, Agreement and Escrow Instructions for Purchase of Real Estate with Robert W. Atkins and Patricia S. Atkins, Trustees of the Atkins Family Trust dated June 10, 2005, for the purchase of certain real property located at 1827 Spring Street, Assessor Parcel Number 7212-003-021, in an amount not to exceed $9,900,000, with an additional $199,000, for acquisition-related costs; Increase appropriations in the Capital Project Fund Group in the Public Works Department by $14,439,962, to fund the purchase of the property, acquisition- related costs and to fund tenant improvements, offset by future bond proceeds several years hence; and Accept Categorical Exemption CE 26-020. (District 5) Levine Act: Yes Office or Department: Economic Development and Opportunity; Police; Public Works Suggested Action: Approve recommendation.