Legislation Details

File #: HIST-18302    Version: 1 Subject:
Type: Historical Status: Consent Agenda
In control: City Council Meeting Agenda
On agenda: 12/5/2011 Final action: 12/5/2011
Title: Approval of (1) an Exclusive Negotiation Agreement and (2) a License Agreement Between the City of Culver City, the Culver City Redevelopment Agency and Habitat for Humanity of Greater Los Angeles for the Development of the City/Agency-Owned Site located at 4044-4068 Globe Avenue for Low and Moderate Income Ownership Housing.
Attachments: 1. Approval of (1) an Exclusive Negotiation Agreement - JC-3__11-12-05_CDD_JOINT_GLOBE ENA - FINAL.docx, 2. Approval of (1) an Exclusive Negotiation Agreement - 11-12-05_ATT_Globe Exclusive Negotiation Agreement 111511.pdf
City of Culver City, California Agenda Item Report Meeting Date: 12/05/2011 Item Number:JC-3 JOINT CITY COUNCIL/REDEVELOPMENT AGENCY BOARDAGENDA ITEM: Approval of (1) an Exclusive Negotiation Agreement and (2) a License Agreement Between the City of Culver City, the Culver City Redevelopment Agency and Habitat for Humanity of Greater Los Angeles for the Development of the City/Agency-Owned Site located at 4044-4068 Globe Avenue for Low and Moderate Income Ownership Housing. Contact Person/Dept.: John Fisanotti Tevis Barnes Phone Number: (310) 253-5767 (310) 253-5782 Fiscal Impact: Yes [X] No [] General Fund: Yes [] No [X] Public Hearing: [] Action Item: [X] Attachments: [X] Commission Action Required: Yes [] No [X] Date: _______________ Public NotificationE-mail, Agenda and Meetings – City Council, and Redevelopment Agency (12/01/2011), Affordable Housing (11/28/2011), Habitat for Community of Greater Los Angeles (11/11/2011), All Residents and Business Within 500 Sq./Ft. of Project Site (11/22/2011 and 11/29/2011) Department Approval: Sol Blumenfeld: (11/22/11) City Attorney Approval: Carol Schwab (by H. Baker) (11/28/11) Agency General Counsel Approval: Murray Kane: (11/21/11) Chief Financial Officer Approval: Jeff Muir (by N. Kimball) (11/29/11) City Manager/Executive Director Approval: John Nachbar: (12/01/11) RECOMMENDATION: Staff recommends that the Agency Board participates in the deliberation regarding: 1. An Exclusive Negotiation Agreement (ENA) with Habitat for Humanity of Greater Los Angeles (Developer) related to a proposed Disposition and Development Agreement (DDA) for the construction of 10 affordable ownership housing units located at 4044-4068 Globe Avenue (Site); and, 2. A License Agreement with the Developer to allow the Developer the opportunity to conduct due diligence on the City-owned property located at the Site. Staff recommends that the City Council: 1. Approve an Exclusive Negotiation Agreement (ENA) with Habitat for Humanity of Greater Los Angeles (Developer) related to a proposed Disposition and Development Agreement (DDA) for the construction of 10 affordable ownership housing units located at 4044-4068 Globe Avenue (Site); and, City of Culver City, California Agenda Item Report 2. Approve a License Agreement with the Developer to allow the Developer the opportunity to conduct due diligence on the City-owned property located at the Site. BACKGROUND: In 2005, the Culver City Redevelopment Agency (Agency) acquired sevensurplus properties using Housing Set Aside Funds located at 4044-4068 Globe Avenue from the California Department of Transportation (Caltrans) for $3.1 million for the purpose of developing low and moderate income housing. On March 17, 2008, the AgencyBoard reviewed and approved implementation of Years 1 and 2 of the Comprehensive Housing Strategy (CHS) in order to prioritize affordable housing project development and allocate funding.|1010| On November 22, 2010, the AgencyBoard authorized the release of a Request for Proposals (RFP) to solicit qualified housing developers to develop the Site.On June 13, 2011, the City Council/Agency Board approved the selection of the Developer to create low and moderate income ownership housing and directed staff to negotiate the terms and condition of the ENA for the preparation and execution of a DDA. The City Council directed staff to examine reducing the number of required units to ten. DISCUSSION: Proposed Project The proposed project consists of ten for-sale affordable single-family townhome units consistent with the property’s R-2 zoning. The townhome driveways will retain as much street parking as possible and maintain the existing street trees to the extent possible. The townhomes consist of two different floor plans, 4 bedrooms - 2.5 bathrooms, or 3 bedrooms - 2.5 bathrooms. All townhomes will be two stories with the living space on the first floor and the bedrooms on the second floor. A covered carport will be supplied to each townhome. One of the townhome units will be fully accessible with a downstairs bedroom and full bathroom. All townhomes will incorporate energy saving appliances and will be constructed using sustainable materials, environmentally-friendly building practices, and solar panels. The townhomes will be built to the LEED Silver residential standard and will be at least 10% more efficient than Title 24 requirements. Five of the townhomes will be sold to low-income buyers (50%-80% of Area Median Income), and five of the townhomes will be sold to moderate-income buyers (less than 120% of Area Median Income). Each townhome will carry a 45-year affordability restriction per California Redevelopment Law (California Health and Safety Code Section 33334.3 (f)(1)(B)). City of Culver City, California Agenda Item Report Exclusive Negotiation Agreement The Exclusive Negotiation Agreement shall remain in effect for 120 days commencing from the 36 th day of the effective date of the agreement. The key general terms and provisions of the ENA are set forth below: • Monthly Status Reports. The Developer shall provide monthly status reports to the City. These reports shall include progress associated with the Schedule of Performance, identification of the issuesraised by community residents and the Developer’s progress in addressing those issues, and Developer’s efforts to secure qualified buyers for the Project. • Financial Analysis. The Developer shall provide the City with a detailed financial analysis for the Project including a detailed development cost budget, proposed sales prices, and a detailed operating income and expense estimate for maintenance of the common areas. • Submittal and Review of Conceptual Plans. The Developer shall submit to the City conceptual plans for the development of the Site • City’s Planning Process. The Developer, at its sole cost and expense, shall submit to the City’s Planning Division such plans as are necessary to conduct the review for the Project. • California Environmental Quality Act (CEQA) Compliance. The Developer, at its sole cost and expense, shall be responsible for compliance with CEQA in connection with the development of the Site and the Project. • Community Meetings. The Developer shall conduct three community meetings in connection with Project entitlements.In addition, the Developer shall meet with the Advisory Committee on Redevelopment. • Disposition and Development Agreement (DDA) Process. If the negotiations culminate in a DDA, such an agreement becomes effective only after a DDA has been considered and approved by the City Council after a public hearing. • City’s Right to Additional Information. The City reserves the right, during the Term of this Agreement, to request reasonable additional information and data from the Developer necessary for review and evaluation of the Site and the Project. • Hazardous Materials and Site Conditions. The Developer shall be solely responsible for all necessary testing of the Site for hazardous materials pursuant to all applicable laws, statutes, rules and regulations. • Developer’s Due Diligence.Developer shall have the right to examine, inspect and investigate the Site to determine whether the Site is acceptable to Developer, which right of Developer is subject to and conditioned upon the terms and provisions of the License Agreement incorporated as an Exhibit to the ENA. • City Not Responsible for Costs. Except as otherwise may be mutually agreed to in writing by the Parties, as part of this Agreement or the DDA, neither the City nor the Agency shall be liable for any costs and expenses associated with the preparation of any reports to be prepared by the Developer or the City of Culver City, California Agenda Item Report planning or development of the Site pursuant to or arising from this Agreement. California Supreme Court Stay Because of the stay issued by the California Supreme Court on 08/11/2011, the Agency is prevented from taking action on certain items until the Court renders a decision (expected by January, 2012) in the case of California Redevelopment Association et al v. Matosantos et al. Pursuant to the Cooperation Agreement between the Agency and the City, the City has full authority to enter into the ENA with the Developer. Therefore, the Agency Board is only participating in the deliberations regarding the proposed ENA and License Agreement. FISCAL ANALYSIS: The Agency expended $3,100,000 to purchase the Globe Avenue site from Caltrans in 2005. The total constructionbudget is $3,400,000, which equals approximately $340,000 per unit. The Developer is seeking the contribution of the property and financial assistance from the City, using former Low-Moderate Income Housing funds, in the amount of $1,565,000. There are sufficient funds appropriated in the FY 2011-12 Budget (48297410) to fund this assistance. In addition to assistance from the City, the Developer will draw project funding from the following sources: 1) Corporate/Faith Sponsorship in the amount of $600,000, 2) A conventional loan in the amount of approximately $1,160,000, and 3) WISH Program funds in the amount of $75,000. Corporate/Faith Sponsorship are grant funds that are awarded from Habitat for Humanity International. These sponsors also will participate in building the homes. The Developer is also willing to apply for Cal HOME funds from the State of California if funding becomes available next year. If awarded, these funds could be used to reduce the City’s level of financial participation. The Cal HOMEProgram provides up to $60,000 per unit. At the beginning of Fiscal Year 2010/2011, the fund balance in the Agency’s Housing Set Aside Fund was approximately $17,000,000. Pursuant to the Cooperation Agreements, the site was conveyed from the Agency to the City, and those Former Agency Funds are now held by the City and will be usedto support the development of the proposed Globe Avenue project. ATTACHMENTS: 1. Exclusive Negotiation Agreement 2. License Agreement City of Culver City, California Agenda Item Report MOTION: That the City Council: 1. Approve an Exclusive Negotiation Agreement (ENA) with Habitat for Humanity of Greater Los Angeles for the preparation of a Disposition and Development Agreement for the development of 10 affordable ownership housing units located at 4044-4068 Globe Avenue; and, 2. Approve a License Agreement with Habitat for Humanity of Greater Los Angeles and City to perform due diligence on the City-owned property located at 4044-4068 Globe Avenue; and, 3. Authorize the City Attorney/City Special Counsel to review/prepare the necessary documents; and, 4. Authorize the City Manager to execute such documents on behalf of the City. NOTES: 1 The CHS identifies housing sites and development costs and allocates monies from the Housing Set Aside Fund in an effort to improve the City’s affordable housing stock and meet housing production requirements under the Regional Housing Needs Assessment (RHNA) planning period. Under RHNA, over the next seven years, the City must create 504 units of housing with 294 of those units being designated for very-low, low and moderate households. The Agency-owned site located at 4044-4068 Globe Avenue is one of 3 sites identified under Years 1-2 of the CHS. MEETING DATE: 12.05.11 AGENDA ITEM: Approval of (1) an Exclusive Negotiation Agreement and (2) a License Agreement Between the City of Culver City and Culver City Redevelopment Agency and Habitat for Humanity of Greater Los Angeles for the Development of the City/Agency-Owned Site located at 4044-4068 Globe Avenue, Culver City, CA. for Low and Moderate Income Ownership Housing ATTACHMENTS Pages 1. Exclusive Negotiation Agreement 1-34 2. License Agreement 35-54 EXCLUSIVE NEGOTIATION AGREEMENT BY AND BETWEEN THE CITY OF CULVER CITY AND HABITAT FOR HUMANITY OF GREATER LOS ANGELES (4044-4068 Globe Avenue) THIS EXCLUSIVE NEGOTIATION AGREEMENT (“Agreement”) is made and entered into this ___ day of November __, 2011 (“Effective Date”), by and between the CITY OF CULVER CITY, a public body, corporate and politic (“City”) and HABITAT FOR HUMANITY OF GREATER LOS ANGELES, a California non-profit corporation (“Developer”), individually referred to herein as the “Party” and collectively referred to herein as the “Parties”, with reference to the following: RECITALS WHEREAS, the City and the Developer desire to enter into negotiations concerning the development of certain land (defined below as the “Site”) in furtherance of the goals and objectives of the Community Redevelopment Law of the State of California (“Community Redevelopment Law”, set forth at California Health and Safety Code §§33000, et seq.); and WHEREAS, the City holds fee title to seven (7) real properties located at 4044, 4048, 4050, 4054, 4058, 4062, and 4068 Globe Avenue, City of Culver City, California (collectively referred to herein as the “Site”); and WHEREAS, the Developer submitted a development proposal in response to the Request for Proposals (“RFP”) issued in November 2010, for acquisition and development of twelve (12) for-sale townhome units on the Site that will be offered for sale to low and moderate income buyers; and WHEREAS, the Parties have since agreed that the project may consist of ten (10) for-sale townhome units on the Site that will be offered for sale to low and moderate income buyers; and WHEREAS, the Parties recognize and acknowledge the purpose of this Agreement is to seek to negotiate the terms of a Disposition and Development Agreement (“DDA”) which will accomplish the objectives described in this Agreement. NOW THEREFORE, IN CONSIDERATION OF THE MUTUAL PROMISES CONTAINED HEREIN, AND OTHER GOOD AND VALUABLE CONSIDERATION, THE RECEIPT OF WHICH IS HEREBY ACKNOWLEDGED BY EACH OF THE PARTIES HERETO, THE PARTIES HERETO AGREE AS FOLLOWS: Section 1. RECITALS The Recitals set forth above are hereby incorporated into this Agreement by this reference, as though fully set forth herein. Section 2. THE SITE ATTACHMENT 1 1The Site is composed of the real properties located at 4044-4068 Globe Avenue, in the City of Culver City, legally described in the Legal Description attached hereto as Exhibit “A” and incorporated herein by this reference. The Site is depicted on the Site Map attached hereto as Exhibit “B” and incorporated herein by this reference. Section 3. PURPOSE OF AGREEMENT A The purpose of this Agreement is to provide for the negotiation by the Parties of a DDA, which shall take into consideration, among other items, each of the following: Project Description The proposed project (“Proposed Project”) consists of ten (10) for-sale affordable single family townhome units. The area is zoned R-2. Each townhome driveway must retain as much street parking as possible, and the Proposed Project must maintain the existing street trees to the extent possible; the written consent of the City‘s Community Development Director shall be required prior to removal of any trees. Each townhome unit will be available in either of two (2) different floor plans: a 3 bedroom - 2 bathroom unit of approximately 1300 sq ft, or a 3 bedroom - 2.5 bathroom unit of approximately 1325 sq feet. All residences will be two stories with the living space on the first floor, and the bedrooms on the second floor. Each townhome unit shall have two (2) covered parking spaces. One (1) of the townhome units will be fully accessible with a downstairs bedroom and full bathroom. All townhomes will incorporate energy saving appliances, conform to the City’s building codes, and be constructed using sustainable materials and environmentally-friendly building practices. The townhomes will be built to the LEED Silver residential standard and will be at least 10% more efficient than Title 24 requirements. A Tentative Tract Map and a Comprehensive Plan will be processed as part of the entitlement process. Five (5) of the townhomes will be sold to low-income buyers (50%-80% Area Median Income) and five (5) of the townhomes will be sold to moderate-income buyers (less than 120% of Area Median Income). The location of the low- and moderate-income units will be mixed throughout the development. Each townhome will carry a 45-year affordability restriction (per California Redevelopment Law). Developer will be the building contractor for the Proposed Project, and will utilize volunteer labor in the construction of the townhomes. Additionally, selected buyers of the townhomes will be required to contribute 500 “sweat equity” hours toward the construction of their home and/or other homes owned by Developer. If any buyers are single parent or disabled households, only 250 “sweat equity” hours will be required. Affordability Mix The affordability mix of the Proposed Project will include five (5) low-income units designated for households at 50%-80% of area median income (AMI) and five (5) moderate- income households at 81%-120% of AMI. ATTACHMENT 1 2 City Assistance Developer contemplates that qualified low-income buyers will purchase a townhome unit using a zero interest loan provided by Developer with silent second mortgage assistance. Developer further contemplates that moderate-income buyers will be provided a list of lenders working with Developer and will also receive assistance with the mortgage lending process. Developer is seeking City assistance in the form of a low or zero interest construction loan, that will be converted to silent second buyer mortgages upon completion of construction of the Proposed Project. Other Considerations for the DDA (i) The Proposed Project will be consistent with the description set forth in this Section 3(A) and that certain proposal dated [insert date], 2011, submitted by the Developer to the City in response to the November 2010 RFP, and incorporated herein by this reference, subject to changes or revisions to the Proposed Project as agreed to by the Developer and the City. The Proposed Project must satisfy the requirements for LEED Silver certification, at a minimum. (ii) The coordination of the planning, design and construction of the Proposed Project must provide affordable housing for low- and moderate-income households, to maximize the Proposed Project’s compatibility with the abutting and adjacent uses, and to minimize environmental, traffic and other impacts on the abutting and adjacent uses. (iii) Developer must be solely responsible for all development costs of the Proposed Project (subject to the receipt of the City assistance contemplated herein). Neither the City or the Agency, nor any of their officers, employees or agents have provided any direct or indirect information which in any way would indicate that the Proposed Project is or is not subject to the State of California’s prevailing wage requirements. The City will not impose any prevailing wage requirements on the Proposed Project to the extent not otherwise required by applicable State or Federal law). (iv) Such other provisions regarding the participation and responsibilities of the Developer and the City deemed necessary or advisable by the City to further the purpose of developing the Proposed Project, and meeting all applicable legal requirements. B By entering into this Agreement, the Parties’ goal is to provide a Proposed Project which implements the Community Redevelopment Law, the City’s General Plan and the Comprehensive Housing Strategy, meets the objective of providing affordable housing for low and moderate income households, and complements the redevelopment activities already begun in the West Washington area. ATTACHMENT 1 3C Notwithstanding any provisions of this Agreement, the Developer acknowledges and agrees that nothing in this Agreement shall obligate the City to approve a DDA or the Proposed Project or shall otherwise expressly or impliedly obligate the City to sell any property or interests therein. The Developer further acknowledges and agrees that the approval of this Agreement and a DDA and the participation in any portion of the Proposed Project by the City shall be in the sole and absolute discretion of the City. The Developer further acknowledges and agrees that this Agreement does not confer upon the Developer the right to have a DDA, the Proposed Project or any portion of the Proposed Project approved by the City. The Parties in no way intend for this Agreement to waive or restrict the City’s exercise of its independent, discretionary judgment with regard to a DDA and any and all portions of the Proposed Project. Section 4. EXCLUSIVE RIGHT TO NEGOTIATE A The City hereby grants to the Developer and the Developer hereby accepts this Agreement for a period of One Hundred Twenty (120) calendar days, commencing from the 36th day from the Effective Date of this Agreement until the earlier of (i) expiration or earlier termination of this Agreement pursuant to Sections 8 or 9 of this Agreement and (ii) the date that a DDA for the Proposed Project is approved or disapproved by the City Council (“Term”). B Subject to earlier termination pursuant to Sections 8 or 9 of this Agreement, this Agreement shall remain in effect for the Term so long as Developer has not breached this Agreement. C The City and the Developer agree, so long as this Agreement is effective and for the period set forth in this Section 4 of the Agreement, to negotiate diligently and in good faith to prepare a DDA to be entered into by the City and the Developer with regard to the objectives described above and the purposes of this Agreement. During the Term, the City agrees not to negotiate for the acquisition, financing and/or development of the Site, or any portion thereof, with any party other than the Developer, or approve or conduct a public hearing for any other acquisition, financing and/or development of the Site, or any portion thereof. D Subject to the reasonable approval of the City Manager or designee, the Term may be extended one or more additional times for a period not to exceed an aggregate of an additional Ninety (90) calendar days upon the request of the Developer. E If the Developer requests an additional extension of the Term of this Agreement beyond the extension described in Section 4.D., then any such extension shall be granted, if at all, in the sole and absolute discretion of the City Manager or designee and only if the Developer agrees to reimburse the City and City for all reasonable costs and expenses for staff and consultant time expended on the negotiation and preparation of the DDA during such extended term, up to a maximum amount of TWENTY-FIVE THOUSAND DOLLARS ($25,000). Such extension shall be at no cost to the Developer if delays are caused by events outside of the Developer’s control, such as City review and approval time, scheduling conflicts and similar matters. ATTACHMENT 1 4F If, upon the expiration of the Term of this Agreement, the Parties have not each approved and executed a DDA, then this Agreement shall automatically terminate and the Developer shall have no further rights regarding the subject matter of this Agreement or all or any part of the Site and the City shall be free to negotiate with any other persons or entities with regard to all or any part of the Site. Section 5. TERMS A The City and the Developer hereby agree to comply with each of the following in accordance, as applicable, with the timing described below and the Schedule of Performance attached hereto as Exhibit “C” and incorporated herein: (i) Monthly Status Reports. On or before the tenth (10th) day of each month starting with the first full month after the effective date of this Agreement, the Developer shall provide monthly status reports to the Community Development Director or designee in a format reasonably requested by the Community Development Director or designee. These reports, at a minimum, shall include status reports regarding progress associated with the Schedule of Performance, identification of the issues and concerns raised by community residents, organizations, businesses and property owners and the Developer’s progress in resolving those issues and concerns, and the Developer’s efforts to secure quality buyers for the Proposed Project. (ii) Financial Analysis. Developer shall provide the City with a detailed financial analysis for the Proposed Project containing matters typically contained in such analyses, including without limitation, a detailed development cost budget, proposed sales prices and a detailed operating income and expense estimate for maintenance of the common areas. The financial analysis will be used to evidence the financial feasibility of the Proposed Project and to assist in the negotiation of terms regarding the financing of the Proposed Project. The analysis shall describe the proposed amount and uses of any financial assistance requested to be provided by the City. The City staff shall use reasonable efforts to review and comment on the Financial Analysis in a timely manner. (iii) Submittal and Review of Conceptual Plans. The Developer shall submit to the City conceptual plans for the development of the entire Site (“Conceptual Plans”). The Conceptual Plans shall be consistent with those certain conceptual plans submitted by the Developer to the City for the Proposed Project, and hereby incorporated herein by this reference, subject to changes to the conceptual plans as agreed upon by the City. The City staff shall use reasonable efforts to review and comment on the Conceptual Plans in a timely manner. (iv) City’s Planning Process. The Developer, at its sole cost and expense, shall submit to the City’s Planning Division such plans as are necessary to conduct the preliminary plan review (“PPR”) for the Proposed Project that the Planning Division and the Community Development Director or designee determine must be completed prior to the submittal of the DDA for City Council ATTACHMENT 1 5approval. Such plans shall be for the entire Site and Proposed Project. The Developer shall be solely responsible for paying any and all costs and expenses associated with Developer’s preparation of such plans and with the review and processing of the plans by the City. The City (as owner of the Site) at no material cost thereto, shall reasonably cooperate with the Developer in processing the plans, including, without limitation, execution of all necessary applications to the City. (v) CEQA Compliance. The Developer, at its sole cost and expense, shall be responsible for compliance with CEQA in connection with the development of the Site and the Proposed Project. The Developer shall be solely responsible for paying any and all costs and expenses associated with the City’s compliance with applicable CEQA requirements (including, without limitation, any required Environmental Impact Report and/or other required environmental documents). The Developer shall cooperate fully and in a timely manner to requests for information from the City and any of the City’s consultants. The City (as the owner of the Site) at no material cost thereto, shall reasonably cooperate with the Developer in processing CEQA analysis, including, without limitation, execution of all necessary applications therefor. (vi) Community Meetings. The Developer shall continue to conduct community meetings to identify and attempt to resolve potential concerns regarding the Proposed Project and agrees to conduct and/or participate in not more than three (3) such meetings as shown in the Schedule of Performance attached as Exhibit “C”, commencing promptly after the City’s execution of this Agreement. In addition, the Developer shall meet with the Advisory Committee on Redevelopment as needed to identify and resolve project design and impact issues. (vii) Reserved. (viii) DDA Process. In accordance with this Agreement, the City shall conduct any required CEQA review and process and approve or disapprove a DDA. If the negotiations hereunder culminate in a DDA, such an agreement becomes effective only after and if a DDA has been considered and approved by the Council after public hearing. The City shall reasonably cooperate with the Developer in order to enable the Developer to meet its deadlines (including, without limitation, using reasonable efforts to make City staff and consultants available as reasonably needed to allow the City to timely perform its obligations under this Agreement); however, City is not obligated to expedite any reviews, approvals, notices, meetings or other matters, and nothing contained in this Agreement shall be construed to limit the City’s discretion in its activities in connection with the Proposed Project. (ix) City’s Right to Additional Information. The City reserves the right, during the Term of this Agreement, to request reasonable additional information and data from the Developer necessary for review and evaluation of ATTACHMENT 1 6the Site and the Proposed Project, provided, however, Developer shall not be obligated to provide any information or data not obtained by the Developer in the course of its review and evaluation of the Project. The Developer agrees to provide such additional information or data as requested in a timely manner. All information regarding the Developer’s business practice which may be provided to the City shall remain confidential to the extent permissible by law including, without limitation, the California Public Records Act. If the City at the request of the Developer is required to defend an action under the California Public Records Act with regard to a request for disclosure of any of the documents or reports related to the Project, Developer agrees to defend and indemnify the City from all costs and expenses of such defense, including reasonable attorneys fees of the City or attorneys fees awarded by a court arising out of such action. (x) Hazardous Materials and Site Conditions. The Developer shall be solely responsible for all necessary testing of the Site for hazardous materials pursuant to all applicable laws, statutes, rules and regulations. As between the City and the Developer, upon the Developer’s acquisition of the Site in its entirety, the Developer shall also be responsible for making the Site usable for the Proposed Project as a result of any Site conditions including, without limitation, flood zones, Alquist-Priolo Earthquake Fault Zoning Act, and similar matters. For purposes of this Agreement, “hazardous materials” shall mean asbestos; polychlorinated biphenyls (whether or not highly chlorinated); radon gas; radioactive materials; explosives; chemicals known to cause cancer or reproductive toxicity; hazardous waste, toxic substances or related materials; petroleum and petroleum product, including, but not limited to, gasoline and diesel fuel; those substances defined as a "Hazardous Substance", as defined by Section 9601 of the Comprehensive Environmental Response, Compensation and Liability Act of 1980, 42 U.S.C. 9601, et seq., or as “Hazardous Waste” as defined by Section 6903 of the Resource Conservation and Recovery Act, 42 U.S.C. 6901, et seq.; an “Extremely Hazardous Waste,” a “Hazardous Waste” or a “Restricted Hazardous Waste,” as defined by The Hazardous Waste Control Law under Section 25115, 25117 or 25122.7 of the California Health and Safety Code, or is listed or identified pursuant to Section 25140 of the California Health and Safety Code; a “Hazardous Material”, “Hazardous Substance,” “Hazardous Waste” or “Toxic Air Contaminant” as defined by the California Hazardous Substance Account Act, laws pertaining to the underground storage of hazardous substances, hazardous materials release response plans, or the California Clean Air Act under Sections 25316, 25281, 25501, 25501.1 or 39655 of the California Health and Safety Code; “Oil” or a “Hazardous Substance” listed or identified pursuant to 311 of the Federal Water Pollution Control Act, 33 U.S.C. 1321; a “Hazardous Waste,” “Extremely Hazardous Waste” or an “Acutely Hazardous Waste” listed or defined pursuant to Chapter 11 of Title 22 of the California Code of Regulations Sections 66261.1 through 66261.126; chemicals listed by the State of California under Proposition 65 Safe Drinking Water and Toxic Enforcement Act of 1986 as a chemical known by the State to cause cancer or reproductive toxicity pursuant to Section 25249.8 of the California Health and Safety Code; a material which due to its characteristics or interaction with one or more other ATTACHMENT 1 7substances, chemical compounds, or mixtures, materially damages or threatens to materially damage, health, safety, or the environment, or is required by any law or public agency to be remediated, including remediation which such law or government agency requires in order for the Site to be put to the purpose proposed by this Agreement; any material whose presence would require remediation pursuant to the guidelines set forth in the State of California Leaking Underground Fuel Tank Field Manual, whether or not the presence of such material resulted from a leaking underground fuel tank; pesticides regulated under the Federal Insecticide, Fungicide and Rodenticide Act, 7 U.S.C. 136 et seq.; asbestos, PCBs, and other substances regulated under the Toxic Substances Control Act, 15 U.S.C. 2601 et seq.; any radioactive material including, without limitation, any “source material,” “special nuclear material,” “by-product material,” “low-level wastes,” “high-level radioactive waste,” “spent nuclear fuel” or “transuranic waste” and any other radioactive materials or radioactive wastes, however produced, regulated under the Atomic Energy Act, 42 U.S.C. 2011 et seq., the Nuclear Waste Policy Act, 42 U.S.C. 10101 et seq., or pursuant to the California Radiation Control Law, California Health and Safety Code, Sections 25800 et seq.; hazardous substances regulated under the Occupational Safety and Health Act, 29 U.S.C. 651 et seq., or the California Occupational Safety and Health Act, California Labor Code, Sections 6300 et seq.; and/or regulated under the Clean Air Act, 42 U.S.C. 7401 et seq. or pursuant to The California Clean Air Act, Sections 3900 et seq. of the California Health and Safety Code. Any studies and reports generated by the Developer’s testing for hazardous materials shall be made available to the City without representation or warranty upon the City’s request, except to the extent such studies and reports are protected by the attorney-client privilege. Within fourteen (14) days from the execution of this Agreement, the City will deliver to the Developer all reports within its possession or under its control regarding Hazardous Materials relating to the Site. In furtherance of this Agreement, City shall undertake to complete a Phase I Environmental Site Assessment no later than six (6) weeks from the Effective Date and provide a copy of any reports generated from said assessment to Developer. (xi) Developer’s Due Diligence. During the Term of this Agreement, Developer shall have the right to examine, inspect and investigate the Site and to determine whether the Site is acceptable to Developer, which right of Developer is subject to and conditioned upon the terms and provisions of the License Agreement attached hereto as Exhibit “D,” incorporated herein by this reference. (xii) City Not Responsible for Costs. Except as otherwise may be mutually agreed to in writing by the Parties, as part of this Agreement or the DDA, neither the City nor the Agency shall be liable for any costs and expenses associated with the preparation of any reports to be prepared by the Developer or the planning or development of the Site pursuant to or arising from this Agreement. Notwithstanding the foregoing or anything to the contrary set forth elsewhere herein, in the event this Agreement is terminated for any reason other than a default by Developer, City agrees to purchase from Developer, the work ATTACHMENT 1 8product prepared for the Proposed Project by the Developer or third parties, at a cost not to exceed EIGHT THOUSAND DOLLARS AND NO CENTS ($8,000.00). (xiii) DDA to Supersede this Agreement. This Agreement will be superseded by the DDA, if and when the proposed DDA is executed by the Developer, approved by the City in the manner required by law, and executed by the City. (xiv) Real Estate Commissions. Neither the City nor the Developer shall be liable for any real estate commissions or brokerage fees which may arise herefrom. The City and the Developer each represents it has not engaged a broker, agent or finder in connection with this transaction. The Developer agrees to defend, hold harmless and indemnify the City and Agency from any claim by any broker, agent or finder retained, or claimed to have been retained, by the Developer. The City agrees to defend, hold harmless and indemnify the Developer from any claim by any broker, agent or finder retained, or claimed to have been retained by the City. (xv) Change in Ownership or Control of Developer. The Developer understands the City is entering into this Agreement based on the prior experience and qualifications of the individuals who work for the Developer as of the date of this Agreement. Therefore, the Developer shall not assign, sell or otherwise transfer any or all of its rights under this Agreement, or interest herein, without the prior written approval of the City. Further, no voluntary or involuntary successor in interest of the Developer shall acquire any rights or powers under this Agreement except as expressly set forth herein. For the reasons cited herein, the Developer represents and agrees for itself and any successor in interest that prior to the expiration of the Term, and without the prior written approval of the City, there shall be no significant change in the management or control of the Developer or with respect to the identity of the parties in control of the Developer, by any method or means. For purposes hereof, a significant change in the management or control of the Developer or with respect to the identity of the parties in control of the Developer shall mean a change in the identity of the President and Chief Executive Officer of Developer, Erin Rank. The Developer shall promptly notify the AgencyCity of all changes whatsoever in the identity of the President and Chief Executive Officer. This Agreement may be terminated by the City if there is any change (voluntary or involuntary) in the identity of the President and Chief Executive Officer prior to the expiration of the Term without the prior consent of AgencyCity. Periodic, routine changes in board membership that cumulatively affect less than 50% of the membership of the Board shall not be considered a “significant change”. If, except as provided in this Subsection, there is an assignment of this Agreement, or change in the President and Chief Executive Officer or membership of the Board of the Developer which the City does not approve, the City may take such reasonable action as the City may deem appropriate including, without limiting the generality of the foregoing, terminating this Agreement and exercising any other rights of the City. ATTACHMENT 1 9Section 6. TERMS TO BE NEGOTIATED A The City and the Developer shall meet regularly with each other in order to negotiate a proposed DDA which shall include, without limitation, the following provisions: (i) A Scope of Development setting forth the number of housing units, the total square feet of each townhome unit, amenities for the common areas, the number of required parking spaces and the design parameters for the Site including, but not be limited to, building height, acceptable architectural and landscape quality, access and circulation, determination of parcel boundaries, on- site and off-site improvements, site-perimeter treatment, landscaped buffers, parking, signage, lighting, and easements, if applicable. Use issues involving the compatibility and amount of uses, their financial feasibility and their physical compatibility, shall also be resolved. (ii) The manner in which the edges of the development are designed to maximize compatibility with the abutting and adjacent uses by the use of a variety of materials to provide a sense of visual relief and openness, to preserve the privacy of adjacent residential units and to minimize noise and other impacts. (iii) A sources and uses budget, which shall be based upon a financial pro forma that has been approved by the City, and a feasible method of financing, reasonably demonstrating to the City the availability of all funds needed to complete the development of the Proposed Project. The DDA shall require the submittal of documentation of all proposed construction financing and donor equity needed to carry out the proposed method of financing. AgencyCity acknowledges that a substantial portion of the financing for construction of the Proposed Project will be supplied by donation of funds, equipment, construction materials and labor. Developer agrees to make continuing full disclosure to City of its proposed methods of financing the Proposed Project, including the financing of any off-site improvements that are required to obtain the necessary entitlements for the Proposed Project. (iv) The timing and conditions precedent for the conveyance of the Site or portions thereof. (v) Financial consideration to the City for conveyance of fee title ownership of the Site to the Developer for purposes of redevelopment pursuant to, and in accordance with, the Community Redevelopment Law. Such consideration may include a cash payment to the City for a portion of the purchase price for the Site, with the balance to be paid with a loan from the City. (vi) The terms of any additional financial assistance to be provided by the City and the Developer’s construction of additional off-site improvements requested by the City and agreed to by the Developer. ATTACHMENT 1 10(vii) Appropriate controls to regulate the use of the Site, including but not limited to an Agreement Affecting Real Property, setting forth the Developer’s affordable housing obligations. (viii) Declaration of Covenants Conditions and Restrictions, including a management and maintenance plan for the common areas of the Proposed Project. (ix) A Marketing Plan for sales of the townhome units. (x) The performance guarantees and amount of liquidated damages, if any. The proposed DDA shall require the Developer and successor owners of the Site and improvements located thereon to pay, when due (subject to any abatement available pursuant to Section 214(g) of the California Revenue and Taxation Code), all taxes, assessments, and special taxes levied on the Site, in accordance with applicable laws, and shall provide for appropriate restrictions on appeals or challenges of assessments of the fair market value of the Site for property tax purposes. Notwithstanding the foregoing, Developer and successor owners of the Site and improvements located thereon shall be permitted to request that the Los Angeles County Assessor and any appropriate related entity assess property tax on the affordable units based on the affordable housing sales price, or a similar methodology that acknowledges that the units are subject to affordability restrictions and therefore were not purchased at fair market value. (xi) A schedule of performance encompassing appropriate and necessary legal, administrative, transfer of property ownership, financial and construction benchmarks to be met by the appropriate Party. (xii) As between the City, City and Developer, the Developer’s sole responsibility for all costs and fees associated with the removal or remediation of any potentially hazardous materials from the Site, demolition of all improvements on the Site, and relocation of any persons, entities or equipment from the Site. (xiii) To satisfy the parking needs of the Proposed Project, the Developer shall comply with any and all requirements of the City. (xiv) The DDA shall be subject to the City’s standard insurance requirements and all other applicable and customary City and City policies. The DDA shall require appropriate performance and payment bonds with regard to the construction of the Proposed Project or another form of assurance that is acceptable to the City. Section 7. LIMITATIONS ON REMEDIES FOR BREACH OR DEFAULT AND RELEASE OF CLAIMS A No City Liability for Costs. Except as provided under Section 5.A(xii) herein, Developer acknowledges and agrees that City shall not have any responsibility to pay or reimburse Developer for costs and expenses incurred by the Developer in connection with this Agreement, unless the City assumes any such specific responsibility in the fully executed DDA. ATTACHMENT 1 11 B Rights and Remedies. If either Party defaults with regard to any of the provisions of this Agreement, then the non-defaulting Party shall serve written notice of such default upon the defaulting Party. If the default is not cured within a reasonable time (but not more than thirty (30) calendar days), then the non-defaulting Party shall have the right to terminate this Agreement. Developer and City each agree that it shall have no right to obtain monetary damages, lost profits or consequential damages against the other Party, with respect to this Agreement, and that its sole remedy shall be termination in accordance with Sections 8 and 9. C Developer Acknowledgement. By execution of this Agreement, Developer hereby acknowledges and agrees that it is aware of the State action with respect to Assembly Bills x1 26 and AB x1 27 which were passed by the State Legislature on June 15, 2011 and signed by the Governor on June 28, 2011 and any future or current litigation related thereto, including California Redevelopment Assn. v. Matosantos (S194861). Notwithstanding any provisions of this Agreement, the City’s failure to meet its obligations under this Agreement as a result of State action with respect to Assembly Bills x1 26 and AB x1 27 and any future or current litigation related thereto, including California Redevelopment Assn. v. Matosantos (S194861), shall not constitute a default by the City under this Agreement. D Section 1542. Each Party acknowledges that it is aware of the meaning and legal effect of California Civil Code Section 1542, which provides: A general release does not extend to claims which the creditor does not know or suspect to exist in his or her favor at the time of executing the release, which if known by him or her would have materially affected his or her settlement with the debtor. E General Release. California Civil Code Section 1542 notwithstanding, it is the intention of both of the Parties to be bound by the limitation on damages and remedies set forth in this Section 7 of the Agreement, and the Parties hereby release any and all claims against each other and their respective officers, officials, employees, consultants or agents for damages or specific performance (except as set forth above) related to any breach of this Agreement, whether or not any such released claims were known or unknown to either of the Parties as of the date of this Agreement. Each of the Parties hereby waives the benefits of California Civil Code Section 1542 and all other statutes and judicial decisions (whether state or federal) of similar effect with regard to the limitations on damages and remedies and waivers of any such damages and remedies contained in this Section 7. ______________ ________________ City’s Initials Developer’s Initials F Survival of Terms. The terms of this Section 7 shall survive the termination of this Agreement in the event the Parties do not enter into a DDA which supersedes ATTACHMENT 1 12this Agreement. Section 8. TERMINATION BY AGENCYCITY A The City shall have the right to terminate this Agreement in the event of either of the following: (i) The Developer fails timely to perform any of its obligations hereunder or is otherwise in default under this Agreement; or (ii) The Developer proposes provisions in the proposed DDA which materially vary from the Proposed Project, and fails to rescind such proposals after the City notifies the Developer of its intent to terminate this Agreement as a result of such proposals. B The City’s right of termination shall be subject to the thirty calendar day (30-day) notice and cure provisions set forth in Section 7(B) of this Agreement. Section 9. TERMINATION BY DEVELOPER A. The Developer shall have the right to terminate this Agreement in the event of the occurrence of any of the following: (i) The Developer determines, in its sole and absolute discretion, that (x) the development of the Proposed Project is not financially feasible or (y) it is reasonably likely that the Proposed Project will not obtain all necessary entitlements and environmental clearances necessary for the development and operation of the Proposed Project. (ii) In the course of its investigation of the Site, Developer discovers any currently unknown conditions or circumstances which would materially impact the cost of the Proposed Project and/or the use of all or any portion of the Proposed Project; or (iii) The City fails timely to perform any of its obligations hereunder or is otherwise in default under this Agreement. B. The Developer’s right of termination shall be subject to the thirty (30) calendar day notice and cure provisions set forth in Section 7(B) of this Agreement. Section 10. INDEMNITY Other than arising from a dispute between the Developer and City regarding any such Party’s performance hereunder, Developer shall indemnify, defend, and hold the City and Agency, their directors, officers, employees, agents, and successors and assigns (collectively, the “Indemnitees” in this Section) harmless against all suits and causes of action, claims, costs, and liability, including, but not limited to, reasonable attorney’s fees and costs of any litigation, or arbitration or mediation, if any, brought (1) challenging the validity, legality or enforceability of ATTACHMENT 1 13this Agreement (other than an action brought by a Party hereto or any action to enforce chapters 5 and 6, Statutes 2011, First Extraordinary Session (Assembly Bill No. x1 26 x1 and Assembly Bill No. x1 27 x1, respectively)) or (2) seeking damages which may arise directly or indirectly from the negotiation, formation, execution, enforcement or termination of this Agreement, or which are incident to the performance of the activities contemplated in this Agreement (other than an action brought by a Party hereto or any action to enforce chapters 5 and 6, Statutes 2011, First Extraordinary Session (Assembly Bill No. x1 26 x1 and Assembly Bill No. x1 27 x1, respectively)). Nothing in this Section shall be construed to mean that Developer shall hold the Indemnitees harmless and/or defend them to the extent of any claims arising from, or alleged to arise from the sole negligence, willful misconduct or illegal acts of any of the Indemnitees, the failure of the City and/or Agency to follow any rule, procedure or law applicable to the City or Agency, and/or any claims that this Agreement violates any current agreement to which the City and/or Agency is subject. The City and Agency agree that they shall fully cooperate with Developer in the defense of any matter in which Developer is defending and/or holding the Indemnitees harmless. The City and Agency may make all reasonable decisions with respect to their representation in any legal proceeding, including, but not limited to, the selection of attorney(s). This indemnity obligation shall survive the termination of this Agreement. Section 11. NO THIRD PARTY BENEFICIARIES The City and the Developer expressly acknowledge and agree they do not intend, by their execution of this Agreement, to benefit any persons or entities not signatory to this Agreement, except the Agency to the extent expressly provided for herein. Except for the Agency to the extent expressly provided for herein, no person or entity not a signatory to this Agreement shall have any rights or causes of action against either the City or the Developer arising out of or due to the City’s or the Developer’s entry into this Agreement. Section 12. NOTICES A Any notice, request, approval or other communication to be provided by either Party shall be in writing and dispatched by first class mail, registered or certified mail, postage prepaid, return-receipt requested, or by personal delivery (including by means of professional messenger service, courier service such as United Parcel Service or Federal Express, or by U.S. Postal Service), to the addresses of the City and the Developer set forth in this Section 12 of the Agreement. Such written notices, requests, approvals or other communication may be sent in the same manner to such other addresses as either Party may designate from time to time. B Any notice personally delivered (including by means of professional messenger service, courier service such as United Parcel Service or Federal Express, or by U.S. Postal Service), shall be deemed received on the documented date of receipt; and any notice that is sent by registered or certified mail, postage prepaid, return-receipt requested shall be deemed received on the date of receipt thereof. If to the City: City of Culver City Attn: Sol Blumenfeld, 9770 Culver Boulevard ATTACHMENT 1 14Culver City, California 90232-0507 Telephone: (310) 253-5700 With a copy to: Kane, Ballmer & Berkman Attn: Susan Y. Cola 515 S. Figueroa Street; Suite 1850 Los Angeles, California 90071-3301 Telephone: (213) 617-0480 If to the Developer: Habitat for Humanity Greater Los Angeles Attn: Erin Rank 17700 S. Figueroa Street Gardena, CA 90248 (310) 323-4663 With a copy to: Leibold McClendon & Mann, PC Attn: Joy Heuser Otsuki 23422 Mill Creek Drive, Suite 105 Laguna Hills, California 92653 Telephone: (949) 457-6300 Section 13. NO CONFLICT OF INTEREST No member, official, or employee of the City or the Agency shall have any personal interest, direct or indirect, in this Agreement, nor shall any such member, official or employee participate in any decision relating to this Agreement which affects his or her personal interests or the interests of any corporation, partnership or association in which he or she is, directly or indirectly, interested. The Developer warrants that it has not paid or given, and will not pay or give, directly or indirectly, any City or Agency employee or official any money or other consideration at all, whether or not connected in any way with the subject matter of this Agreement. Further, the Developer warrants that it has no knowledge of any financial interest of any City or Agency employee or official in the Developer, directly or indirectly, or in any person or entity affiliated with the Developer, or in any transaction in which the Developer has been involved. Section 14. LIMITATION ON EFFECT OF AGREEMENT This Agreement shall not obligate either Party to enter into a DDA or to enter into any particular DDA. The City and Developer do not intend this Agreement to be a purchase ATTACHMENT 1 15agreement, ground lease, license, option or similar contract. Nor do City and Developer intend to be bound in any way by this Agreement except during the Negotiating Period as expressly set forth herein. By execution of this Agreement, the City is not committing itself to or agreeing to undertake acquisition, disposition, or exercise of control over any portion of the Site nor is Developer committing itself to undertake the acquisition of any portion of the Site or the development, financing or construction of the Proposed Project. Execution of this Agreement by the City and Developer is merely an agreement to conduct a period of exclusive negotiations and to prepare recommendations to the City Council in accordance with the terms hereof, reserving for subsequent City action the final discretion and approval regarding the execution of a DDA and all proceedings and decisions in connection therewith. Any DDA resulting from negotiations pursuant to this Agreement shall become effective only if and after such DDA has been considered and approved by the City Council following performance of all legally required procedures. Each party assumes the risk that, notwithstanding this Agreement and good faith negotiations, the Parties may not enter into a DDA due to the Parties’ failure to agree upon essential terms of a transaction or a decision by the City Council not to authorize execution of a DDA. Except as expressly provided in this Agreement, a Party shall have no obligations or duties to the other Party hereunder and no liability whatsoever in the event the Parties fail to execute a DDA. Section 15. MISCELLANEOUS PROVISIONS A Counterparts. This Agreement may be executed in counterparts, each of which when so executed shall be deemed an original, and all of which, when taken together, shall constitute but one and the same instrument. B Entire Agreement/Integration. This Agreement represents the entire agreement of the Parties and integrates all of the terms and conditions mentioned herein or incidental hereto, and supersedes all negotiations or previous agreements, oral or written, between the Parties with respect to development of the Site. C Waivers; Amendments. All waivers of the provisions of this Agreement must be in writing and signed by the appropriate authorities of the Party to be charged, and all amendments and modifications hereto must be in writing and signed by the appropriate authorities of the Parties. Except as otherwise expressly provided in this Agreement, any failure or delay by either Party in asserting any of its rights or remedies as to any Default shall not operate as a waiver of said Default or of any rights or remedies in connection therewith or of any subsequent Default or any rights or remedies in connection therewith, or deprive such Party of its right to institute and maintain any actions or proceedings which it may deem necessary to protect, assert or enforce any such rights or remedies. D Governing Law and Venue. This Agreement and the legal relations between the Parties shall be governed by, interpreted under, construed and enforced in accordance with, the internal laws of the State of California without reference to the rules governing the conflict of laws. This Agreement is made and entered into in the County of Los Angeles, California, and any legal actions or proceedings arising from or related to this Agreement shall be brought in the County of Los Angeles. ATTACHMENT 1 16E No Association Between the Developer and City and/or Agency. The Parties in no way intend for this Agreement to give rise to or create any relationship of partnership, joint venture, or any other form of association of any kind or nature between the Developer and the City and/or the Agency. F Representation of the City. The City Manager, or his or her designee shall represent the City in all matters pertaining to this Agreement whenever a reference is made herein to an action or approval to be undertaken by the City, the City Manager is authorized to act unless this Agreement specifically provides otherwise or the context shall otherwise require. G Assignment. This Agreement shall not be assignable by either Party without the prior written consent of the other Party. The City shall have the right to terminate this Agreement if Developer assigns this Agreement or if there is any material change in the management or control of the Developer. H Ambiguities. This Agreement is in all respects intended by each Party hereto to be deemed and construed to have been jointly prepared by the Parties and the Parties hereby expressly agree that any uncertainty or ambiguity existing herein shall not be interpreted against either of them. Except as expressly limited by this Section 15(H) of the Agreement, all of the applicable rules of interpretation of contracts shall govern the interpretation of any uncertainty or ambiguity of this Agreement. I Captions and Headings. The headings and captions of the various sections and paragraphs of this Agreement have been inserted only for the purpose of convenience and are not a part of this Agreement and shall not be deemed in any manner to modify, explain, expand or restrict any of the provisions of this Agreement. J Severability. Every provision of this Agreement is intended to be severable. If any provision of this Agreement or the application of any provision hereof to any party or circumstance is declared to be illegal, invalid or unenforceable for any reason whatsoever by a court of competent jurisdiction, such invalidity shall not affect the other terms and provisions hereof or the application of the provision in question to any other party or circumstance, all of which shall continue in full force and effect. K Warranty Against Payment of Consideration for Agreement. Developer warrants that it has not paid or given, and will not pay or give, any third party any money or other consideration for obtaining this Agreement. L Nonliability of Officials, Officers, Members, and Employees. No member, official, officer, or employee of the City or the Agency shall be personally liable to Developer, or any successor in interest, in the event of any default or breach by the City or for any amount which may become due to Developer or to his successor, or on any obligations under the terms of this Agreement. No member, officer or employee of Developer shall be personally liable to the City, or any successor in interest, in the event of any default by the Developer or for any amount which may become due to the City or its successor, or an obligation under the terms of this Agreement. ATTACHMENT 1 17M Developer’s Obligation For Equal Opportunity. Developer will not discriminate against any employees or applicants for employment because of race, color, religion, creed, national origin, ancestry, sex, sexual orientation, age, disability, medical condition, or marital status. N Use of Project Images. Developer hereby consents to the use by City of images of the Proposed Project, its models, plans and other graphical representations of the Project and its various elements (“Project Images”) in connection with marketing, public relations, and special events, websites, presentations, and other uses required by the City and/or City in connection with the Project through the Negotiating Period. Such right to use the Project Images shall not be assignable by the City to any other party (including, without limitation, any private party) without the prior written consent of Developer. Use by City of Project Images, Developer’s name or names of its affiliates will be subject to prior Developer approval, which shall not be unreasonably withheld or delayed. For any Project Images provided to City by Developer, Developer shall use reasonable efforts to obtain any rights and/or consents from any third parties necessary to provide these Project Image use rights to City. In the event that the Parties enter into a DDA, the City’s right to use the Project Images shall be as set forth in the DDA. ATTACHMENT 1 18O Authority to Enter Agreement. The Developer represents and warrants that it has all requisite power and authority to conduct its business and to execute, deliver, and perform the Agreement. Each Party warrants that the individuals who have signed this Agreement have the legal power, right, and authority to make this Agreement and to bind each respective Party. IN WITNESS WHEREOF, the Parties hereto have caused this Agreement to be executed as of the date first written above. CITY OF CULVER CITY REDEVELOPMENT Dated: ______________ By: _________________________ John M. Nachbar City Manager APPROVED AS TO FORM: KANE, BALLMER & BERKMAN By: _______________________________ Murray O. Kane Special Counsel HABITAT FOR HUMANITY OF GREATER LOS ANGELES, a California non-profit corporation Dated: _______________ By: _________________________ Erin Rank President and CEO ATTACHMENT 1 19EXHIBIT “A” LEGAL DESCRIPTION OF PROPERTY ALL THAT CERTAIN REAL PROPERTY SITUATED IN THE COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, DESCRIBED AS FOLLOWS: ATTACHMENT 1 20ATTACHMENT 1 21ATTACHMENT 1 22ATTACHMENT 1 23ATTACHMENT 1 24ATTACHMENT 1 25ATTACHMENT 1 26ATTACHMENT 1 27EXHIBIT “B” MAP OF THE SITE [Immediately Follows This Page.] ATTACHMENT 1 28ATTACHMENT 1 29ATTACHMENT 1 30EXHIBIT “C” SCHEDULE OF PERFORMANCE [Immediately Follows This Page.] ATTACHMENT 1 31EXHIBIT “C” SCHEDULE OF PERFORMANCE Deadline for Performance Days from Effective Start Date (Step 3) 1. City approves ENA December 5, 2011 -35 2. Developer consults with City staff for submittal and CEQA requirements. December 7, 2011 -33 3. Effective Start Date due to Holiday Hiatus - 35 days after ENA approval January 9, 2012 0 4. Developer conducts first community meeting. January 12, 2011 3 5. Developer conducts second community meeting February 9, 2012 31 6. Developer submits financial pro forma, including proposed sources and uses and cash flow projections February 13, 2012 35 7. Developer submits Conceptual Plans to Planning staff for Preliminary Plan Review and necessary studies for CEQA analysis February 13, 2012 35 8. City staff determines whether Conceptual Plans are complete to submit for a Preliminary Plan Review (PPR) and commences CEQA review, as required, and submits draft of DDA to Developer February 20, 2012 42 9. Developer submits proposed term sheet to City staff February 20, 2012 42 ATTACHMENT 1 3210. City delivers Phase I Environmental Study to Developer February 2012 42 11. PPR Meeting March 1, 2012 52 12. Developer conducts third community meeting In lieu of a 3 rd meeting, Developer gets credit for the ACOR Meetings in January and March of 2009. 13. Developer submits revised PPR plans for the DDA March 26, 2012 77 14. City staff completes draft CEQA initial study. March 29, 2012 80 15. DDA and 33433 Report finished and start of CEQA review period April 12, 2012 94 16. First Public Hearing Notice Published April 12, 2012 94 17. Second Public Hearing Notice Published April 19, 2012 101 18. Public hearing on proposed DDA. City approves or disapproves Conceptual Plans and DDA May 7, 2012 119 ATTACHMENT 1 33EXHIBIT “D” LICENSE AGREEMENT [Immediately Follows This Page.] ATTACHMENT 1 34LICENSE AGREEMENT BY AND BETWEEN THE CITY OF CULVER CITY AND HABITAT FOR HUMANITY OF GREATER LOS ANGELES (4044-4068 Globe Avenue) THIS LICENSE AGREEMENT is entered into by and between the CITY OF CULVER CITYCITY, a public body, corporate and politic (the “City”) and HABITAT FOR HUMANITY OF GREATER LOS ANGELES, a California non-profit corporation (the “Developer”). The City and Developer agree as follows: RECITALS A. The City holds fee title to certain real properties hereinafter defined as the “Site” and Developer desires to acquire the Site from the City for the construction and operation on the Site of the improvements (the “Proposed Project”) described in the Exclusive Negotiation Agreement between the City and the Developer dated as of August __, 2011 (the “ENA”). B. The City and Developer desire that Developer have an opportunity to conduct due diligence on the Site, which may include performing physical tests on the Site, prior to the parties entering into a written agreement to convey the Site to the Developer. NOW THEREFORE, the Parties agree as follows: 1. Parties to the Agreement. (a) The City is a public body, corporate and politic, exercising municipal functions and powers. The principal office of the City is located at 9770 Culver Boulevard, Culver City, California 90232-0507 or such other location of which notice is given pursuant to this Agreement. Its facsimile number is (310) 253-5779. “City” as used in this Agreement includes any assignee of or successor to its rights, powers and responsibilities. (b) The Developer is Habitat for Humanity of Greater Los Angeles, a California non-profit corporation. The principal office of the Developer is located at 17700 S. Figueroa Street, Gardena, California 90248 or such other location of which notice is given pursuant to this Agreement. Its facsimile number is (310) ___-____. 2. Description of Site. The City is the owner of certain real properties located at 4044-4068 Globe Avenue in the City of Culver City, Los Angeles County, California, and more particularly described in Exhibit A and illustrated by the site map in Exhibit B, which are attached to this Agreement and hereby incorporated by reference (the “Site”). 3. Grant of License. ATTACHMENT 2 35(a) Subject to and conditioned upon the terms and conditions of this Agreement, the City grants to Developer and its authorized agents a license (the “License”) to perform the following acts on the Site: (1) obtain soil samples and make such other surveys, investigations and tests reasonably necessary to determine the suitability of the Site for the development, financing and/or construction of the Proposed Project; and (2) conduct reasonable investigations on and beneath the Site and all improvements thereon to determine the presence of Hazardous Materials and/or other soil conditions. As used herein, the phrase “Hazardous Materials” shall have the same meaning given to it in the ENA. (b) Developer may not use the Site for any other purpose without obtaining the City’s prior written consent. 4. Term. This License shall commence on the Effective Date of the ENA and shall automatically expire, without need for further notice of any kind, upon the expiration of the Term of the ENA, unless otherwise mutually extended beforehand by the parties in writing or earlier terminated in accordance with its terms (the “Term”). 5. Compliance With Laws. Developer, at its expense, shall comply in all material respects with all applicable federal, state and local laws, ordinances, regulations, rules and orders with respect to the Site, including all applicable federal and state labor laws. Developer, its agents, contractors, licensees, employees or invitees shall not permit to be placed upon the Site any Hazardous Materials, except for de minimis quantities used in compliance with all applicable environmental laws and required in connection with Developer’s permitted activities under this License. Developer shall conduct all of its operations on the Site at its sole cost and expense. 6. Reports and Studies. In consideration of the City’s granting of this License, Developer shall promptly provide the City without representation or warranty with a copy of all reports and test results arising from this License which are not legally privileged. 7. License Nonassignable. This License is personal to Developer and shall not be assigned. Any attempt to assign the License shall automatically terminate it, without need for notice of any kind. No legal title or interest in the Site is created or vested in Developer by the grant of this License. 8. Nonexclusive License. This License is nonexclusive. Nothing contained herein shall be construed to restrict or prevent the entry onto and use of the Site during the Term of the License by the City or its agents, consultants, assigns and other licensees. 9. Surrender. ATTACHMENT 2 36On or before the termination date for the License, Developer shall remove all of its personal property from the Site and shall (except as prohibited by any local State or Federal agency) fill any excavations made by Developer to return the Site to its previous condition and shall surrender possession of the Site to the City in good order and repair to the satisfaction of the City, normal wear and tear excepted. 10. Release and Indemnity. Developer, as a material part of the consideration to be rendered to the City for the granting of this License, for itself and its successors and assigns, hereby agrees: (a) to indemnify, defend, protect and hold the City and Culver City Redevelopment Agency (“Agency”), their directors, officers, employees, agents, and successors and assigns (the “Indemnified Parties”), free and harmless against all suits and causes of action, claims, costs, and liability, including, but not limited to, reasonable attorney’s fees and costs of any litigation, or arbitration or mediation, if any, arising from the exercise of the License, including, but not limited to: (1) any and all risks of or exposure to any loss or liability arising from activities conducted by Developer on the Site under this License; (2) any and all claims arising from or relating to the transportation, storage, handling or use of any material taken from the Site pursuant to the License, or from any substance, known or unknown, emanating or derived therefrom; and (3) any and all claims for damage to the Site, any improvements thereon, or to the property or person of any third party, alleged to have been caused by, or in any way connected with the activities conducted by Developer on the Site under this License or any material taken from the Site pursuant to the License. Nothing in this Section shall be construed to mean that Developer shall hold the Indemnified Parties harmless and/or defend them to the extent of any claims arising from, or alleged to arise from the sole negligence or willful misconduct of any of the Indemnified Parties. The City and Agency agree that they shall fully cooperate with Developer in the defense of any matter in which Developer is defending and/or holding the Indemnified Parties harmless. The City and Agency may make all reasonable decisions with respect to their representation in any legal proceeding, including, but not limited to, the selection of attorney(s). This indemnity obligation shall survive the termination of this Agreement. Notwithstanding the foregoing, Developer shall have no obligation to indemnify an Indemnified Party for loss, liability, claims, damages and expenses arising solely from Developer’s discovery of Hazardous Materials already present on the Site prior to the commencement of this License, so long as Developer has not materially contributed to the placement, release or migration of such pre-existing Hazardous Materials. ATTACHMENT 2 37(b) To fully and finally release the Indemnified Parties from any and all claims, demands, actions, or suits of any kind or nature arising out of any liability, known or unknown, present or future, including, but not limited to, rights or claims for implied contribution or indemnity, or any claim or liability based or asserted pursuant to any law or ordinance which seeks to impose any liability or damage whatsoever upon any Indemnified Party arising from the execution and/or performance of this License Agreement, or from any of its terms. In connection with the foregoing release, Developer hereby acknowledges that it has been advised by legal counsel and is familiar with the provisions of California Civil Code, section 1542, which provides as follows: A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM MUST HAVE MATERIALLY AFFECTED HIS SETTLEMENT WITH THE DEBTOR. Developer, being aware of such code section, agrees to expressly waive any rights it may have thereunder, as well as under any other statute or common law principles of similar effect. ______________ ________________ City’s Initials Developer’s Initials 11. Insurance. (a) Developer shall maintain or cause to be maintained Commercial General liability insurance, to protect against loss from liability imposed by law for damages on account of bodily injury, including death therefrom, suffered or alleged to be suffered by any person or persons whomsoever on or about the Site, resulting directly or indirectly from any acts or activities of Developer, or any person acting for Developer, or under its respective control or direction, and also to protect against loss from liability imposed by law for damages to any property of any person occurring on or about the Site, or in connection with Developer’s activities thereon, caused directly or indirectly by or from acts or activities of Developer, or any person acting for Developer, or under its control or direction. Such property damage and personal injury insurance shall also provide for and protect the City against incurring any legal cost in defending claims for alleged loss. Such personal injury and property damage insurance shall be maintained in full force and effect during the Term in the following amounts: commercial general liability in a general aggregate amount of not less than Two Million Dollars ($2,000,000); and a per occurrence limit not less than One Million Dollars ($1,000,000) of bodily injury and property damage insurance. Developer agrees that provisions of this paragraph as to maintenance of insurance shall not be construed as limiting in any way the extent to which Developer may be held responsible for the indemnification of City or the payment of damages to persons or property resulting from Developer’s activities, or the activities of any other person or persons for which Developer is otherwise responsible. ATTACHMENT 2 38(b) Developer shall maintain or cause to be maintained workers’ compensation insurance issued by a responsible carrier authorized under the laws of the State of California to insure employers against liability for compensation under the workers’ compensation laws now in force in California, or any laws hereafter enacted as an amendment or supplement thereto or in lieu thereof. Such workers’ compensation insurance shall cover all persons employed by Developer in connection with the Site and shall cover liability within statutory limits for compensation under any such act aforesaid, based upon death or bodily injury claims made by, for or on behalf of any employee of Developer incurring or suffering injury or death in connection with the Site or the operation thereof by Developer. Notwithstanding the foregoing, Developer may, in compliance with the laws of the State of California and in lieu of maintaining such insurance, self-insure for workers’ compensation in which event Developer shall deliver to City evidence that such self-insurance has been approved by the appropriate State authorities. (c) All policies shall name the City and the Agency as additional insureds. (d) All insurance provided under this section shall be for the benefit of Developer, City and Agency. Developer agrees to timely pay all premiums for such insurance and, at its sole cost and expense, to comply and secure compliance with all insurance requirements necessary for the maintenance of such insurance. Developer agrees to submit policies of all insurance required by this section, or certificates evidencing the existence thereof, and additional insured endorsements to City not less than 15 days prior to its commencement of any activities on the Site, indicating full coverage of the contractual liability imposed hereby. “Full coverage” for contractual liability in this section (d) is defined as the coverage grant under the ISO CG 0001 policy form definition of an “insured contract.” All insurance herein provided for shall be effected under policies issued by insurers of recognized responsibility, licensed and admitted to do business in the State of California (or if not admitted in California shall have a “General Policyholders Rating” of at least “A-” as set forth in the most current issue of “Best’s Key Rating Guide”), reasonably approved by City. All policies or certificates of insurance shall provide that such policies shall not be canceled or limited in any manner without at least thirty (30) days prior written notice to City. (e) The evidence of insurance required hereunder is a condition precedent to Developer’s right to enter upon the Site. If Developer fails or refuses to procure or maintain the insurance required by this Agreement, the License granted by this Agreement shall automatically terminate and be of no further force or effect. 12. City’s Authorized Representative. Unless otherwise specified or the context requires otherwise, all references to the City in this Agreement and its attachments shall mean the City Manager of the City or any officer or employee of the City to whom the City Manager or the City Council of the City delegates authority to perform, carry out and/or enforce this Agreement. Unless otherwise specified or the context requires otherwise, all references to the City Manager shall mean the City Manager or his or her designee. 13. Notices, Demands And Communications Between The Parties. ATTACHMENT 2 39Formal notices, demands and communications between the City and Developer shall be sufficiently given if dispatched by registered or certified mail, postage prepaid, return receipt requested, to the principal offices of the City and the Developer. Such written notices, demands and communications may be sent in the same manner to such other addresses as either party may from time to time designate by mail. Any notice that is transmitted by electronic facsimile transmission followed by delivery of a “hard” copy, shall be deemed delivered upon its transmission; any notice that is personally delivered (including by means of professional messenger service, courier service such as United Parcel Service or Federal Express, or by U.S. Postal Service), shall be deemed received on the documented date of receipt by the recipient; and any notice that is sent by registered or certified mail, postage prepaid, return receipt required shall be deemed received on the date of receipt thereof. 14. Conflict of Interest. To the extent prohibited by law, no member, official or employee of the City shall have any personal interest, direct or indirect, in this Agreement nor shall any such member, official or employee participate in any decision relating to the Agreement which affects his or her personal interests or the interests of any corporation, partnership or association in which he or she is directly or indirectly interested. Developer warrants that it has not paid or given, and will not pay or give, any third party any money or other consideration for obtaining this Agreement. 15. Non-liability of Officials and Employees. (a) No member, official or employee of the City or the Agency shall be personally liable to Developer, or any successor in interest, in the event of any default or breach by the City or for any amount which may become due to Developer or on any obligations under the terms of this Agreement. This release shall not apply in the event of fraud by the City or the Agency or any member, officer or employee thereof. (b) No member, official or employee of Developer shall be personally liable to the City, or any successor in interest, in the event of any default or breach by Developer or for any amount which may become due to the City or its successor or on any obligations under the terms of this Agreement. This release shall not apply in the event of fraud by Developer or any member, official, or employee of Developer. 16. Interpretation of Agreement; Terminology; Application of Law. This Agreement has been negotiated at arm’s length and between persons sophisticated and knowledgeable in the matters addressed herein. In addition, each Party has been given the opportunity to consult with experienced and knowledgeable legal counsel. Accordingly, any rule of law (including Civil Code section 1654) or legal decision that would require interpretation of any ambiguities in this Agreement against the Party that has drafted it is not applicable and is waived. The provisions of this Agreement shall be interpreted in a reasonable manner to effectuate the purpose and intent of the parties to this Agreement. This Agreement shall be construed and enforced in accordance with the internal laws of California ATTACHMENT 2 40and not the law regarding conflict of laws, except to the extent that Federal law preempts State law When the context so requires when used in this Agreement, the masculine gender shall be deemed to include the feminine and neuter gender and the neuter gender shall be deemed to include the masculine and feminine gender. When the context so requires when used in this Agreement, the singular shall be deemed to include the plural. The paragraph and section headings have been used for convenience only, and shall not be used in the interpretation hereof. 17. Waivers. A waiver by the City or Developer of any term, covenant, or condition herein contained shall not be a waiver of such term, covenant, or condition on any subsequent breach. All waivers must be in writing and signed by the appropriate representatives of the City or Developer. 18. Time of the Essence. Time is of the essence in this Agreement and each and all of its provisions in which performance is a factor. 19. Attorneys’ Fees and Costs. If any action or proceeding is brought by any Party against any other Party under this Agreement, whether for interpretation, enforcement or otherwise, the prevailing Party shall be entitled to recover all costs and expenses, including the reasonable fees of its attorney and any expert witnesses in such action or proceeding. This provision shall also apply to any post- judgment action by either Party, including without limitation efforts to enforce a judgment. 20. Severability. Any provision of this Agreement that shall prove to be invalid, void, or illegal shall in no way affect, impair, or invalidate any other provision hereof and such other provisions shall remain in full force and effect. 21. Entire Understanding Of The Parties; Amendments. This Agreement, including any document or instrument incorporated herein by reference, contains a complete and final expression of the agreement between the City and Developer relating to this License, and there are no promises, representations, agreements, warranties, or inducements either express or implied other than as are set forth in this Agreement. Any and all previous discussions or agreements between the City and Developer with respect to this License, whether oral or written, are superseded by this Agreement. No amendment, change, or addition to, or waiver of termination of, this Agreement or any part hereof shall be valid unless in writing and signed by the City and Developer. 22. No Third Party Beneficiaries. ATTACHMENT 2 41The parties to this Agreement acknowledge and agree that the provisions of this Agreement are for the sole benefit of the City and the Developer, and not for the benefit, directly or indirectly, of any other person or entity, except as otherwise expressly provided herein. 23. Further Assurances. Each of the parties hereto shall execute and deliver any and all additional papers, documents and other assurances, and shall do any and all necessary acts and things in connection with the performance of their obligations hereunder and to carry out the intent and agreements of the parties. 24. Execution in Counterparts. This Agreement may be executed in several counterparts and all such executed counterparts shall constitute one agreement, binding on all of the parties hereto, notwithstanding that all of the parties hereto are not signatories to the original or to the same counterpart. This Agreement shall not be binding unless and until all parties hereto have executed this Agreement. 25. Authority to Sign. The Developer represents and warrants that it has all requisite power and authority to conduct its business and to execute, deliver, and perform the Agreement. Each Party warrants that the individuals who have signed this Agreement have the legal power, right, and authority to make this Agreement and to bind each respective Party. ATTACHMENT 2 42IN WITNESS WHEREOF, the Parties hereto have caused this Agreement to be executed as of the date first written above. CITY OF CULVER CITY Dated: _______________ By: __________________________ John M. Nachbar City Manager APPROVED AS TO FORM: KANE, BALLMER & BERKMAN By: _______________________________ Murray O. Kane Special Counsel HABITAT FOR HUMANITY OF GREATER LOS ANGELES, a California non-profit corporation Dated: ___________________ By: ____________________________ Erin Rank President and CEO ATTACHMENT 2 43EXHIBIT A LEGAL DESCRIPTION OF SITE THAT REAL PROPERTY LOCATED IN THE CITY OF CULVER CITY, COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, DESCRIBED AS FOLLOWS: ATTACHMENT 2 44ATTACHMENT 2 45ATTACHMENT 2 46ATTACHMENT 2 47ATTACHMENT 2 48ATTACHMENT 2 49ATTACHMENT 2 50ATTACHMENT 2 51EXHIBIT “B” SITE MAP ATTACHMENT 2 52ATTACHMENT 2 53ATTACHMENT 2 54