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THESE MINUTES ARE NOT OFFICIAL
UNTIL APPROVED BY THE
CULVER CITY
SUCCESSOR AGENCY TO THE
CULVER CITY REDEVELOPMENT AGENCY BOARD
REGULAR MEETING OF THE August 25, 2014
SUCCESSOR AGENCY TO THE 6:00 p.m.
CULVER CITY REDEVELOPMENT AGENCY BOARD
CULVER CITY, CALIFORNIA
Call to Order & Roll Call
Chair Sahli-Wells called the meeting of the Successor Agency to
the Culver City Redevelopment Agency Board to order at 6:00
p.m.
Present: Meghan Sahli-Wells, Chair
Miche ál O ’Leary, Vice Chair
Jeffrey Cooper, Board Member
Jim B. Clarke, Board Member
Andrew Weissman, Board Member
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Closed Session
At 6:00 p.m., the Successor Agency Board recessed to Closed
Session to discuss the following item:
CS-1 Conference with Real Property Negotiators
Re: 8829, 8831, 8840, 8841, 8843 Exposition Boulevard; 8801,
8803, 8824, 8825, 8828, 8830-8834, 8836, 8839, 8842, 8846
National Boulevard; 8900-8906, 8910-8912, 8914-8918, 8920,
8926, 8930, 8936 Venice Boulevard
Agency Negotiators: John Nachbar, City Manager/Executive
Director; Sol Blumenfeld, Community Development Director/
Assistant Executive Director; Todd Tipton, Economic Development
Manager; Murray Kane, City/Successor Agency Special Counsel
Other Parties Negotiators: Lowe Enterprises Real Estate Group
Under Negotiation: Price, terms of payment or both, including
use restrictions, development obligations and other monetary
related considerations
Pursuant to Government Code Section 54956.8 August 25, 2014
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Reconvene
Chair Sahli-Wells reconvened the meeting at 7:03 p.m. with
all Board Members present.
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Report on Action Taken in Closed Session
Chair Sahli-Wells indicated nothing to report out of Closed
Session.
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Reflection/Pledge of Allegiance
The Reflection was given by John Nachbar, Executive
Director, and the Pledge of Allegiance was led by Desmond
Burns.
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Community Announcements by Board Members/Information
Items from Staff
None.
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Joint Public Comment for Items NOT On the Agenda
None.
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Receipt and Filing of Correspondence
MOVED BY VICE CHAIR O'LEARY, SECONDED BY BOARD MEMBER COOPER
AND UNANIMOUSLY CARRIED, THAT THE SUCCESSOR AGENCY BOARD
RECEIVE AND FILE CORRESPONDENCE.
o0o August 25, 2014
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Joint Consent Calendar
Item JC-1
Joint Culver City Council/Culver City Housing Authority/
Successor Agency to the Culver City Redevelopment Agency Agenda
Item: Cash Disbursements
MOVED BY BOARD MEMBER WEISSMAN, SECONDED BY VICE CHAIR O'LEARY
AND UNANIMOUSLY CARRIED, THAT THE SUCCESSOR AGENCY BOARD
APPROVE CASH DISBURSEMENTS FOR AUGUST 2, 2014 – AUGUST 15,
2014.
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Consent Calendar
Item C-1
Meeting Minutes
MOVED BY BOARD MEMBER WEISSMAN, SECONDED BY VICE CHAIR O'LEARY
AND UNANIMOUSLY CARRIED, THAT THE SUCCESSOR AGENCY BOARD
APPROVE MINUTES FOR THE REGULAR MEETING OF AUGUST 11, 2014.
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Order of the Agenda
No changes were made.
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Joint Public Hearings
Item JPH-1
JOINT CITY COUNCIL/SUCCESSOR AGENCY AGENDA ITEM: PUBLIC
HEARING Approval of an Implementation Agreement between the
City of Culver City, the Successor Agency to the Culver City
Redevelopment Agency and Lowe Enterprises Real Estate Group
in Order to Convey Real Property Located at 8829, 8831,
8839, 8841, 8843 Exposition Boulevard; 8801, 8803 Washington
Boulevard; 8824, 8825, 8828, 8830-8834, 8836, 8838, 8840,
8842, 8846 National Boulevard; 8900-8906, 8910-8912, 8914-
8918, 8920, 8926, 8930, 8936 Venice Boulevard to Develop a
High Quality Transit Oriented August 25, 2014
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Chair Sahli-Wells invited public comment.
No cards were received and no speakers came forward.
MOVED BY BOARD MEMBER WEISSMAN, SECONDED BY VICE CHAIR
O'LEARY AND UNANIMOUSLY CARRIED THAT THE SUCCESSOR AGENCY
CLOSE THE PUBLIC HEARING.
Board Member Weissman felt this was a great opportunity for
the City and for Lowe enterprises.
Vice Chair O'Leary thanked the parties that came to the
agreement.
MOVED BY BOARD MEMBER WEISSMAN, SECONDED BY BOARD MEMBER
COOPER AND UNANIMOUSLY CARRIED, THAT THE SUCCESSOR AGENCY:
1. ADOPT A RESOLUTION APPROVING AND RECOMMENDING TO ITS
OVERSIGHT BOARD APPROVAL OF (1) AN IMPLEMENTATION AGREEMENT
BETWEEN AND AMONG THE CITY OF CULVER CITY AND THE SUCCESSOR
AGENCY AND LOWE ENTERPRISES REAL ESTATE GROUP IN ORDER TO
CONVEY THE REAL PROPERTY LOCATED AT 8829, 8831, 8840, 8841, AND
8843 EXPOSITION BOULEVARD; 8801, 8803, 8824, 8825, 8828, 8830-
8834, 8836, 8839, 8842, AND 8846 NATIONAL BOULEVARD; 8900-8906,
8910-8912, 8914-8918, 8920, 8926, 8930, AND 8936 VENICE
BOULEVARD FOR THE DEVELOPMENT OF A HIGH QUALITY TRANSIT
ORIENTED DEVELOPMENT; (2) THE SUCCESSOR AGENCY’S USE OF THE NET
PURCHASE PRICE PROCEEDS RECEIVED BY THE SUCCESSOR AGENCY AFTER
CLOSE OF ESCROW IN ACCORDANCE WITH THE DISSOLUTION ACT AND
OTHER APPLICABLE LAW; AND (3) RELATED ACTION; AND,
2. (SUBJECT TO THE APPROVAL OF THE OVERSIGHT BOARD AND THE
STATE DEPARTMENT OF FINANCE) AUTHORIZE THE SUCCESSOR AGENCY
GENERAL AND SPECIAL COUNSEL TO REVIEW/PREPARE THE NECESSARY
DOCUMENTS; AND,
3. (SUBJECT TO THE APPROVAL OF THE OVERSIGHT BOARD AND THE
STATE DEPARTMENT OF FINANCE) AUTHORIZE THE EXECUTIVE DIRECTOR
TO EXECUTE SUCH DOCUMENTS ON BEHALF OF THE SUCCESSOR AGENCY.
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Public Comment for Items NOT on the Agenda
None.
August 25, 2014
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Items from Board Members
None.
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Adjournment
There being no further business, at 10:45 p.m., the Successor
Agency to the Culver City Redevelopment Agency Board adjourned
its meeting to Monday, September 8, 2014 at 7:00 p.m.
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____________________________________________________________
Martin R. Cole
SECRETARY of the Successor Agency to the Culver City
Redevelopment Agency Board
Culver City, California
APPROVED
______________________________________________________________
Meghan Sahli-Wells
CHAIR of the Successor Agency to the Culver City Redevelopment
Agency Board
Culver City, California