Discussion of Proposed Alternatives for the Development of 9300 Culver Boulevard and the Adjacent Town Plaza Expansion. *****NOTE The Executive Director will request the Agency Board postpone consideration of this item until a later date***** City of Culver City California Agenda Item Report Item Number: D 1 Meeting Date: 03/08/2010 REDEVELOPMENT AGENCY BOARD AGENDA ITEM: Discussion of Proposed Alternatives for the Development of 9300 Culver Boulevard and the Adjacent Town Plaza Expansion. Contact Person/Dept.: Joe Susca Todd Tipton/Redevelopment Fiscal Impact: Yes X No General Fund: Yes X No Phone Number: 310 253 5763 Public Hearing: Action Item: Attachments: X Commission Action Required: Yes No X Date: _______________ Public Notification: (E Mail) Meetings and Agendas Redevelopment Agency (03/03/10) The Downtown Business Association (02/03/10) Department Approval: Sol Blumenfeld (2/13/10) Chief Financial Officer Approval: Mark Scott (by N. Kimball) (03/03/10) Agency General Counsel Approval: Murray Kane (02/23/10) Executive Director Approval: Mark Scott (03/03/10) RECOMMENDATION: Staff recommends that the Culver City Redevelopment Agency Board (the Board ) discuss alternatives regarding (1) the content of a Request for Proposal ( RFP ) to secure a new developer for redevelopment of the 9300 Culver Boulevard site (a Downtown parking lot commonly referred to as Parcel B ); (2) whether or not to build additional parking as part of the project and (3) whether or not to build the Town Plaza Expansion now or await its construction in combination with Parcel B. After receiving input from tonight s study session staff will return to the Board to take action on this item at a future meeting. BACKGROUND: On July 10 2006 the Agency entered into a Disposition and Development Agreement with a developer to sell Parcel B. Parcel B s existing entitlement permits construction of a 3 story commercial building comprised of 118 000 square feet of ground floor retail and restaurant us...
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