City Council

8. RESOLUTION NO. A RESOLUTION OF THE CITY COUNCIL OF THE CITY\nOF ANAHEIM approving the acquisition of the Kettle Motor Hotel located at 1760 W. Lincoln\nAvenue, in the amount of $3,915,000; approving an Agreement for Sale of Property and Joint\nEscrow Instructions by and between the City of Anaheim and Kali Investment, Inc., a California\nCorporation, substantially in the form submitted herewith for the purchase of the Kettle Motor\nHotel, in the amount of $3,915,000; authorize the Director of Housing and Community\nDevelopment, or her designee, to execute and administer the agreement on behalf of the City of\nAnaheim; and increase the FY 2024-2025 Housing and Community Development Department’s\nBudget by $3,915,000.