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. 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 Fiscal Impact: Yes X No Phone Number: (310) 253 5767 (310) 253 5782 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) City Manager/Executive Director Approval: John Nachbar: (12/01/11) Chief Financial Officer Approval: Jeff Muir (by N. Kimball) (11/29/11) 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 (S...
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