Legislation Details

File #: 24-1454    Version: 1
Status: Closed Session
File created: 10/30/2024 In control: City Council
On agenda: 11/19/2024 Final action:
Title: CONFERENCE WITH REAL PROPERTY NEGOTIATORS (Government Code § 54956.8): 1 matter
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Title

CONFERENCE WITH REAL PROPERTY NEGOTIATORS

(Government Code § 54956.8): 1 matter

Recommendation

1.                     Property: 301 E Balboa Blvd., Newport Beach, CA 92660 - APN: 048-082-01.

                     

                     City Negotiators: Seimone Jurjis, Assistant City Manager, and Lauren Whitlinger, Real Property Administrator.

                     

                     Negotiating Parties: Joseph Berkson, Marcus & Millichap, on behalf of Bobby Hanada and Linda Hanada.

                     

                     Under Negotiation: Instruction to City Negotiators regarding price and terms of payment.

                     

2.                     Property: A portion of the public right-of-way adjacent to 929 Zurich Circle (423-282-04) and 944 Via Lido Nord (423-281-10) (approximately 1,105 square feet).

                     

                     City Negotiators: Seimone Jurjis, Assistant City Manager, and Lauren Whitlinger, Real Property Administrator.

                     

                     Negotiating Parties: Palmer Luckey on behalf of the 929 Zurich Circle Trust and the 944 Via Lido Nord Trust.

                     

                     Under Negotiation: Instruction to City Negotiators regarding price and terms of payment.