Lake Forest

City Council

February 21, 2023 Item #12

Agenda Item 12

12. SALE OF PROPERTY TO THE IRVINE RANCH WATER DISTRICT\nRECOMMENDED ACTION: Adopt a Resolution Entitled: A RESOLUTION\nOF THE CITY COUNCIL OF THE CITY OF LAKE FOREST, CALIFORNIA,\nAPPROVING THE SALE OF SERRANO SUMMIT PASSIVE PARK (APN\n610-691-41) TO IRVINE RANCH WATER DISTRICT AND AUTHORIZING\nTHE CITY MANAGER TO EXECUTE A PURCHASE AND SALE\nAGREEMENT ON BEHALF OF THE CITY.Adopt a Resolution Entitled: A\nRESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE FOREST,\nCALIFORNIA, AMENDING THE 2021-2023 OPERATING BUDGET;\nAMENDING REVENUE ESTIMATES FOR FISCAL YEAR 2022-23.Find\nthat the foregoing actions are exempt from environmental review under the\nCalifornia Environmental Quality Act (“CEQA”) pursuant to CEQA\nGuidelines (Cal. Code. Regs. Title 14) Section 15312, which applies to the\ndeclaration and sale of surplus government property.