File #: 25-0287    Version: 1
Status: Closed Session
File created: 3/7/2025 In control: City Council
On agenda: 3/25/2025 Final action:
Title: CONFERENCE WITH REAL PROPERTY NEGOTIATORS (Government Code § 54956.8): 3 matters
Attachments: 1. Written Comments
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Title

CONFERENCE WITH REAL PROPERTY NEGOTIATORS

(Government Code § 54956.8): 3 matters

Recommendation

1.                     Property: 3848 Campus Drive, Newport Beach, CA 92660 (Assessor Parcel Number 427-151-08).

 

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

 

Negotiating Parties: John Saunders on behalf of 3848 Campus Drive LP.

 

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

 

2.                     Property: 12 Corporate Plaza Drive, Newport Beach, CA 92660 (Assessor Parcel Numbers 442-271-12 & 442-271-30).

 

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

 

Negotiating Parties: John Pomer on behalf of Junkins 12 Corporate Plaza, LLC; and The Irvine Company

 

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

 

3.                     Property: 707 E. Balboa Blvd, Newport Beach, CA 92661 (Assessor Parcel Number 048-135-02).

 

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

 

Negotiating Parties: Linda Sadeghi on behalf of Balboa Theater Company, LLC

 

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