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CC: CONSENT - (1) Adoption of a Resolution Declaring Property Owned by the City of Culver City at 3725 Robertson Boulevard to be Exempt Surplus Land Pursuant to California Government Code Section 54221(f)(1)(B); and (2) Authorize the City Manager to Take Related Actions.
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Meeting Date: October 24, 2022
Contact Person/Dept: Todd Tipton / Office of Economic and Cultural Development
Phone Number: 310-253-5783
Fiscal Impact: Yes [] No [X] General Fund: Yes [] No [X]
Attachment: Yes [X] No []
Commission Action Required: Yes [] No [X]
Public Notification: (E-Mail) Meetings and Agendas - City Council (10/19/2022).
Department Approval: Jesse Mays, Assistant City Manager (10/13/2022)
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RECOMMENDATION:
Staff recommends the City Council: (1) adopt a resolution declaring property owned by the City of Culver City (City) at 3725 Robertson Boulevard to be Exempt Surplus Land pursuant to California Government Code Section 54221(f)(1)(B); and (2) authorize the City Manager to take related actions.
BACKGROUND:
The City-owned parcel at 3725 Robertson Boulevard (the "City Parcel") measures approximately 10' x 100' and is improved with three parking spaces that have been rented to businesses in the surrounding area. The City Parcel is immediately adjacent to 3727 Robertson Boulevard.
In late 2019 the City and 3727 Robertson, LLC, a California limited liability company (the "Developer") entered into a Disposition and Development Agreement (as amended from time to time, the "DDA"), to develop a mixed-use development consisting of 12 dwelling units (three are affordable) and 6,820 square feet of commercial space with subterranean parking. Pursuant to the DDA, the City will convey the City Parcel to the Developer to improve the feasibility of the new development and in exchange receive three at-grade spaces in the new development for 25 years that will...
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