Consideration to 1) Adopt Resolutions Approving the Acceptance of Agency Funds for Acquisition of Properties Located at 8846 National Boulevard and 4064 Colonial Avenue and Ratification and Approval of such Acquisitions for Public Improvements; 2) Approval of Budget Amendment Transferring Agency Funds to the City General Fund; and 3) Approval of Letters of Acquisition in Lieu of Condemnation. City of Culver City California City Council Agenda Item Report ITEM: Item Number: J 1 Meeting Date: March 20 2006 AGENDA Consideration to 1) Adopt Resolutions Approving the Acceptance of Agency Funds for Acquisition of Properties Located at 8846 National Boulevard and 4064 Colonial Avenue and Ratification and Approval of such Acquisitions for Public Improvements; 2) Approval of Budget Amendment Transferring Agency Funds to the City General Fund; and 3) Approval of Letters of Acquisition in Lieu of Condemnation. Contact Person/Dept.: Alicia Weintraub Joe Susca Fiscal Impact: Yes Public Hearing: Public Notification: Master Notification List (03/16/06) General Fund: Yes X No Attachments: X Phone Number: (310) 253 5778/5763 X No Action Item: X Department Approval: Susan Evans (03/16/06) City Controller Approval: Marlee Chang (03/16/06) RECOMMENDATION: CAO Approval: Jerry B. Fulwood (03/16/06) Staff recommends that the Culver City City Council (the Council ) 1) adopt resolutions approving the acceptance of Culver City Redevelopment Agency (the Agency ) funds for acquisition of properties located at 8846 National Boulevard and 4064 Colonial Avenue and ratification and approval of such acquisitions for public improvements; 2) approval of budget amendment transferring Agency funds to the Culver City General Fund; and 3) approval of letters of acquisition in lieu of condemnation. This item requires a 4/5ths vote. BACKGROUND: Staff has been working to acquire the following two properties: Washington National: Staff has been working to acquire the property located at 8846 National Bouleva...
Click here for full text