Report to Mayor and City Council
Monday, January 28, 2019
Discussion
SUBJECT:
Title
DISCUSSION ON COMMENCEMENT OF A PROCESS TO TERMINATE THE DEVELOPMENT AGREEMENT BETWEEN THE CITY OF CARSON AND FOCAL STRATEGIC INVESTMENTS, LLC FOR A 0.66-ACRE PROPERTY LOCATED AT 17505 S. MAIN STREET
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I. SUMMARY
Councilmember Lula Davis-Holmes has requested a full Council discussion of re-opening and terminating that the Development Agreement between the City of Carson and Focal Strategic Investments, LLC for a 0.66-acre property located at 17505 S. Main Street (the “Focal DA”).
II. RECOMMENDATION
Recommendation
INSTRUCT staff to bring back further discussion, and potential public hearing, for the termination of the Focal DA, as consistent with the Development Agreement Statutes (Gov. Code §§65864 et seq.) and terms of the Focal DA.
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III. ALTERNATIVES
Any other action deemed appropriate by the City Council.
IV. BACKGROUND
This staff report provides the next steps required to implement this process. Because adoption of the Focal DA statutorily and contractually required a notice and public hearing process, and includes a further notice and public hearing process for purposes of terminating the DA, such procedures are recommended as next steps to be taken at a noticed public hearing at a regular Council meeting.
V. FISCAL IMPACT
None at this time.
VI. EXHIBITS
None.
Prepared by: City Attorney's Office