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Minutes 2006-11-14 SP MINUTES SPECIAL MEETING OF THE CITY COUNCIL TUESDAY, NOVEMBER 14, 2006 COUNCIL CHAMBERS, 215 EAST BRANCH STREET ARROYO GRANDE, CALIFORNIA 1. ROLL CALL: Mayor Ferrara called the meeting to order at 6:20 p.m. Council Member Jim Dickens, Council Member Ed Arnold, Mayor Pro Tern Jim Guthrie. City Manager Steven Adams, and City Attorney Timothy Carmel were present. Council Member Joe Costello was absent. 2. PUBLIC COMMENT: None. 3. CITY COUNCIL CLOSED SESSION: a. CONFERENCE WITH REAL PROPERTY NEGOTIATOR pursuant to Government Code Section 54956.8: Property: Agency Negotiator: Negotiating Party: Under Negotiation: APN: 077-127-017; Located at 1454 Jasmine Place, Arroyo Grande Steven Adams, City Manager Lorraine Kitman Price, Terms and Conditions of Potential Purchase Council Member Dickens declared a conflict of interest on Item b. due to his indirect financial interest in the Dixson Ranch and left the closed session. b. CONFERENCE WITH LEGAL COUNSEL - ANTICIPATED LITIGATION Initiation of litigation pursuant to Government Code Section 54956.9(c): one potential case. 4. RECONVENE TO OPEN SESSION: City Attorney Carmel gave the report out of closed session and announced that the Council had concluded real property negotiations pursuant to Government Code Section 54956.8. He stated that City staff was authorized to exercise the City's option to purchase the affordable restricted house located at 1454 Jasmine Place, the purchase price to be determined by an appraisal with the affordability covenants intact, as specified in the affordable housing agreement recorded against the property. 5. ADJOURNMENT: The meeting was adj rned at 7:08 p.m. to the Regular City Council meeting. " ,- /' b ,/ ~- 'MA.~.lA--"~- Mayor Tony Fe v ATTEST: , >/:~ /'(t . (!>> 1/:("",,, ""T J..._lL''--'''-<'--Iov_ -"--- Kelly Wetmore, City Clerk 1 'U