Adoption of Respective a Resolutions (1) Approving a Master Agreement Regarding Retention and Expenditure of Bond Proceeds between the City of Culver City and the Successor Agency to the Culver City Redevelopment Agency Pursuant to California Health and Safety Code Section 34191.4(c); and (2) Approving Related Actions. City of Culver City California Agenda Item Report Item Number: JC 3 ITEM: Meeting Date: 06/23/2014 JOINT CITY COUNCIL SUCCESSOR AGENCY AGENDA Adoption of Respective Resolutions (1) Approving a Master Agreement Regarding Retention and Expenditure of Bond Proceeds between the City of Culver City and the Successor Agency to the Culver City Redevelopment Agency Pursuant to California Health and Safety Code Section 34191.4(c); and (2) Approving Related Actions. Contact Person/Dept.: Glenn Heald Todd Tipton / CDD Fiscal Impact: Yes No X Public Hearing: Public Notification: (E Mail) Meetings and Agendas City Council (06/20/2014) (E Mail) Meetings and Agendas Successor Agency (06/20/2014). Departmental Approval: Sol Blumenfeld (06/16/14) Phone Number: 310 253 5752 310 253 5783 General Fund: Yes No Action Item: Attachments: X City Attorney/Successor Agency General Counsel Approval: Carol Schwab (by H. Baker) (06/16/14) Successor Agency Special Counsel Approval: Murray Kane (06/17/16) City Manager / Executive Director Approval: John M. Nachbar (06/18/14) Chief Financial Officer Approval: Jeff Muir (06/17/14) RECOMMENDATION: Staff recommends that (1) the Board of the Successor Agency to the Culver City Redevelopment Agency (Successor Agency Board) adopt a resolution approving a Master Agreement Regarding Retention and Expenditure of Bond Proceeds (Master Agreement) between the Successor Agency and the City of Culver City (City) pursuant to California Health and Safety Code Section 34191.4(c); and (2) the City Council adopt a resolution approving a Master Agreement. BACKGROUND: Pursuant to authority granted under the California Community Redevelopment Law (CRL) t...
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