Irvine
City Council
Agenda Item 2
6.2 PURCHASE OF INDOOR GYMNASIUM AT 17300\nRED HILL\nACTION:\n1) Authorize the City Manager to finalize a Real Estate\nPurchase and Sale Agreement for the property at\n17300 Red Hill Avenue for use as an indoor\nGymnasium.\n2) Approve a total budget appropriation of $97,927,000\nfor the purchase of 17300 Red Hill Avenue site,\nincluding contingency, construction monitoring services,\nand establishing a capital project for tenant\nimprovements.\n6.2