Title
TRANSFER OF REAL PROPERTY ASSETS FROM FULLERTON SUCCESSOR AGENCY TO CITY OF FULLERTON PER APPROVED LONG RANGE PROPERTY MANAGEMENT PLAN
Recommendation
Recommendation by the Administrative Services Department:
As Fullerton Successor Agency:
1. Authorize transfer of real property assets from Fullerton Successor Agency to City of Fullerton per Long-Range Property Management Plan.
2. Authorize Executive Director, or designee, to execute all transfer instruments and take all actions reasonable necessary to complete transaction.
As Fullerton City Council:
1. Accept transfer of real property assets from Fullerton Successor Agency to City of Fullerton.
2. Authorize Mayor, or designee, to execute all transfer instruments and acceptances and take all actions reasonably necessary to complete transaction.