A RESOLUTION OF THE CULVER CITY REDEVELOPMENT AGENCY APPROVING CERTAIN ACTIONS RELATED TO THE TRANSFER OF ASSETS AND OBLIGATIONS OF THE AGENCY TO THE CITY OF CULVER CITY TO MEET EXISTING OBLIGATIONS SET FORTH IN THE COOPERATION IMPLEMENTING AND OTHER AGREEMENTS WITH THE CITY AND TO ACCOMPLISH OTHER IMPORTANT PUBLIC PURPOSES AND AUTHORIZING AN AMENDMENT TO THE COOPERATION AGREEMENT BETWEEN THE AGENCY AND THE CITY City of Culver City California Agenda Item Report Meeting Date: 03/07/2011 Item Number: _J 4 JOINT CITY COUNCIL/REDEVELOPMENT AGENCY BOARD AGENDA ITEM: Adoption of Resolutions Approving Certain Actions Related to the Transfer of Real Property and Other Assets of the Culver City Redevelopment Agency to the City of Culver City. Contact Person/Dept.: Todd Tipton / CDD Fiscal Impact: Yes X No Phone Number: (310) 253 5783 General Fund: Yes No X Attachments: X Public Hearing: Action Item: X Commission Action Required: Yes No X Date: _______________ Public Notification: (E Mail) Meetings and Agendas Redevelopment Agency (03/04/11); (E Mail) Meetings and Agendas City Council (03/04/11) Department Approval: Sol Blumenfeld: (03/04/11) Chief Financial Officer Approval: Jeff Muir: (03/04/11) Agency General Counsel Approval: Murray Kane: (03/04/11) Executive Director Approval: John M. Nachbar : (03/04/11) the Agency and Implementing and other Agreements with RECOMMENDATION: Staff recommends that: (1) the City Council adopt Resolution No. 2011 _____ approving certain actions related to the transfer of assets and obligations of the Culver City Redevelopment Agency to the City of Culver City to meet existing obligations set forth in the Cooperation to accomplish other important public purposes authorizing an amendment to the Cooperation Agreement between the City and the Agency authorizing the City Manager or designee to take all necessary reasonable and appropriate actions to implement the transfer of assets and obligations from the Agency to the City and authorizing the C...
Click here for full text