7 18-0280 Subject: SRO Purchase - 641 West Grand Avenue From: Housing And Community Development Department Recommendation: Adopt An Ordinance Authorizing The Purchase Of A 70 Unit Single Room Occupancy Residential Hotel Located At 641 West Grand Avenue For $7,000,000 For Use As Transitional Housing, Allocating An Additional Amount Not To Exceed $20,000 For Associated Closing Costs And Fees, And Making CEQA Findings