Coversheet

Item Coversheet


OLD BUSINESS 9.


COMMITTEE MEMORANDUM

TO:	Finance and Economic Resiliency Committee Members

FROM:	Jimmy L. Morales, City Manager / Raul J. Aguila, City Attorney

DATE:	May 22, 2020

SUBJECT:	PROPOSED MARINA PARK REDEVELOPMENT PROJECT (INCLUDING LONG-TERM LEASE, SALE OF AIR RIGHTS, DEVELOPMENT AGREEMENT, AND VACATION OF A PORTION OF THE ALTON ROAD RIGHT OF WAY).

HISTORY:

ANALYSIS:

See attached Committee Memorandum.

Applicable Area

Citywide

Is this a "Residents Right to Know" item, pursuant to City Code Section 2-14?		Does this item utilize G.O. Bond Funds?
Yes		No

ATTACHMENTS:
	Description	Type
	Committee Memorandum	Memo
	Exhibit 1 - Survey	Other
	Exhibit 2 - Developer Term Sheet	Other
	Exhibit 3 - Initial Proposed Resiliency Features	Other
	Memorandum Supplement	Memo