Recommendation to declare the City-owned property located at 550-572 East Vernon Street and 2515-2545 Atlantic Avenue, Assessor Parcel Numbers 7208-006-908, -912, -913, -914, -915, -916, -917, -919 and -920 (Subject Property) as surplus, authorize City Manager, or designee, to execute any and all documents necessary, including a Purchase and Sale Agreement, with DIDM Development Corporation, a California corporation, or affiliate, for the sale of the Subject Property in the amount of $700,000, and accept Categorical Exemption CE 16-192.  (District 6)
Thank you. Councilman Andrews. Motion carries. Thank you. Number 19 Please. Report from Economic and Property Development and Development Services recommendation to declare a city owned property located at 553 572 East Vernon Street and 2515 through 2545 Atlantic Avenue as surplus and execute all documents necessary with the IDM Development Corporation for the sale of the property in the amount of $700,000. District six. Thank you. Thank you. Anchor Mr. West and Mr. Conway. Yes, sir. Mike Conway. Vice Mayor Richardson, members of City Council. This item relates to a former redevelopment property located at the southwest corner of Atlantic Avenue and Vernon Street. The RDA was in preexisting and near-final discussions with the IDM Development Corporation for the purchase and development of the property. And the IDM has expressed interest in proceeding with the purchase of the property for affordable housing for seniors. So staff request that City Council declare the property surplus authorized city manager exceed all, any and all documents necessary for the sale of the property except a categorical exemption. C 16 Dash 192 and this concludes my report. Thank you, Mr. Conway. Councilman Andrew Hay Thank you. I'm hoping that Amy and Mr. Conway will say this is a good thing, but I do know the pride of this situation here because I am very glad that despite the setbacks, this item is finally up for purchase sale agreement. You know, this project is very dear to. Me as a seniors housing. And in desperate need, not only in the sixth District, but in the entire city. The project sales agreement is only another way to keep this project on track and keep it aligned with the details and goals that are going to benefit our community. And I'm hoping that the providers here and letting them know that this is it, we have to get this off the ground. We must get this done, because this is very important not only for the society, but for the city of Long Beach. And I'm hoping that he is here. He's here. Thank you very much. Thank you, Mr. Andrews. Councilmember Yanga. I want to echo Councilmember D's comments. It's a very important project and I hope that we can get accomplished. Thank you. Thank you. Any public comment on this item? Seeing none. Will the council please cast their vote? Thank you.