JOINT CITY COUNCIL SUCCESSOR AGENCY AGENDA ITEM: Adoption of Resolutions (1) Approving of a Master Agreement regarding Expenditure of Bond Proceeds between the City of Culver City and 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: Item Number: JC 3 Meeting Date: 04/13/2015 JOINT CITY COUNCIL SUCCESSOR AGENCY AGENDA Adoption of Resolutions (1) Approving of a Master Agreement regarding Expenditure of Bond Proceeds between the City of Culver City and 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.: Jeff Muir Finance Fiscal Impact: Yes X No Public Hearing: Commission Action Required? Yes No X Date:__________ Public Notification: (E Mail) Meetings and Agendas City Council (04/08/15) (E Mail) Meetings and Agendas Successor Agency (04/08/15). Departmental Approval: Jeff Muir (04/06/15) Phone Number: 310 253 5865 General Fund Action Item: Attachments: X City Attorney/Successor Agency General Counsel Approval: Carol Schwab (by H. Baker) (04/07/15) City/Successor Agency Special Counsel Approval: Murray Kane (04/07/15) City Manager / Executive Director Approval: John M. Nachbar (04/08/15) Chief Financial Officer Approval: Jeff Muir (04/06/15) RECOMMENDATION: Staff recommends: (1) the Successor Agency to the Culver City Redevelopment Agency (Successor Agency) Board adopt a resolution approving a proposed Master Agreement regarding Expenditure of Bond Proceeds between the Successor Agency and the City pursuant to California Health and Safety Code Section 34191.4(c) (Master Agreement) and (2) the City Council adopt a resolution approving a proposed Master Agreement. BACKGROUND: Pursuant to authority granted under the California Community Redevelopment Law (CRL) the former Culver City Redev...
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