title
CC - (1) Approval of an Exclusive Negotiation Agreement with The Center Theatre Group of Los Angeles to Explore the Purchase and Development of the Parcel Located at 9814 Washington Boulevard Adjacent to the Kirk Douglas Theater; and (2) Direction to the City Manager as Deemed Appropriate.
body
Meeting Date: November 9, 2020
Contact Person/Dept: Sol Blumenfeld, CDD
Todd Tipton/ Economic Development
Phone Number: (310) 253-5700
(310) 253-5783
Fiscal Impact: Yes [] No [X] General Fund: Yes [] No [X]
Public Hearing: [] Action Item: [X] Attachments: [X]
Commission Action Required: Yes [] No [X] Date:
Public Notification: (E-Mail) Meetings and Agendas - City Council (11/05/2020);
Department Approval: Sol Blumenfeld, Community Development Department (11/05/2020)
_____________________________________________________________________
RECOMMENDATION
Staff recommends that the City Council (1) approve the proposed Exclusive Negotiation Agreement (ENA) with The Center Theatre Group of Los Angeles (CTG) to explore the purchase and development of the property located at 9814 Washington Boulevard (Property) adjacent to the Kirk Douglas Theater (KDT); and (2) provide direction to the City Manager as deemed appropriate.
BACKGROUND
The former Culver City Redevelopment Agency acquired the Property and subsequently entered into a Disposition and Development Agreement (DDA) with CTG to redevelop it along with the former Culver Theater. CTG redeveloped the Culver Theater (now known as the Kirk Douglas Theater) but was unable to redevelop the Property. When developing the Kirk Douglas Theater (KDT), CTG placed electrical and air conditioning equipment and a craft area on the Property, which remain today. CTG remains interested in establishing a compatible use for the Property and in working with the City to achieve this objective.
DISCUSSION
The Surplus Land Act (SLA) was recently expanded to include ...
Click here for full text