Item Coversheet

OLD BUSINESS  9.

COMMITTEE MEMORANDUM

TO: Finance and Citywide Projects Committee Members


FROM:
Jimmy L. Morales, City Manager


DATE: April 19, 2019


SUBJECT:

DISCUSSION TO CONSIDER THE VACATION OF PORTIONS OF OCEAN TERRACE, 74TH AND 75TH STREETS IN FAVOR OF OCEAN TERRACE HOLDINGS, LLC AND TO NEGOTIATE A DEVELOPMENT AGREEMENT THAT PROVIDES FOR A PUBLIC BENEFIT TO CONSTRUCT THE OCEAN TERRACE PARK PROJECT


ANALYSIS:
Item deferred to the May 31, 2019 FCWPC meeting.