Mike Balkman Council
Chambers
9770 Culver Blvd. Culver
City, CA 90232
Mayor Freddy Puza
Vice Mayor Bubba Fish
Member Yasmine-Imani McMorrin
Member Dan O'Brien
Member Albert Vera
City Council Meeting Agenda
Regular Meeting of the City Council,
Successor Agency to the Culver City
Redevelopment Agency, and the Culver City
Parking, Redevelopment Financing, Culver
City Housing, and Culver City Public Finance
Authority Boards.
7:00 PM Monday, September 28, 2026
MEETING INFORMATION AND ACCOMMODATION:
To ensure public safety during City Council meetings, beginning August 12, 2024, all persons entering the Mike Balkman Council Chambers during a City Council meeting must pass through a security screening, including a metal detector and bag inspection. Firearms, knives, weapons, and signs larger than 18 x 24 inches are prohibited from City Council Chambers and no one with any of these items will be permitted to enter. See California Penal Code §171b and City Council Policy 4008 for more information.
Complete information on how to attend and participate in a City meeting and provide public comment can be found at www.culvercity.gov/agendas.
In addition to attending meetings in person, meetings may be viewed 1) live online at www.culvercity.gov/meetings by clicking on the “In Progress” link, 2) via YouTube.com/c/CityofCulverCityGov, or 3) via the Zoom meeting link at www.culvercity.gov/agendas. Complete information on how to attend and participate in a City Council meeting and provide public comment can be found at www.culvercity.gov/agendas. Please note that virtual attendance is a courtesy offering and that technical difficulties shall not require that a meeting be postponed.
City Council meetings may also be viewed live in Culver City on Channel 35 (Spectrum subscribers), on Channel 37 (Frontier subscribers), and Channel 99 (AT&T U-Verse subscribers). Please check channel guide listings for your provider.
Childcare is available for people attending City Council meetings. Please sign City of Culver City Page 1
Regular Meeting of the City Council, September 28, 2026 Successor Agency to the Culver City
Redevelopment Agency, and the
Culver City Parking, Redevelopment
Financing, Culver City Housing, and
Culver City Public Finance Authority
Boards.
City Council Meeting Agenda
Closed Session: 5:30 PM
Recognitions: 6:30 PM
Regular Session: 7:00 PM
up via [email protected] or by calling (310) 253-6650.
Any person needing reasonable accommodation related to disabilities, including assisted listening devices, is welcome to contact the City Clerk’s Office at (310) 253-5851 or via email at [email protected]
PUBLIC COMMENT:
The meeting body will receive comments from the public on any item of interest to the public (not listed on the agenda) that is within the subject matter jurisdiction of the specific body. The body cannot legally take action on any item not appearing on the agenda. Such items may be referred for administrative action or scheduled on a future agenda.
WRITTEN COMMENTS: Please provide comments via eComment at www.culvercity.gov/meetings. Locate the appropriate meeting and click on the highlighted eComment link. You may need to register once. Those comments received 4 hours in advance of the start time will be provided to the body members and become part of the official public record through a motion to receive and file correspondence. If you do not want your personal information included in the official record, please do not include your address, phone number or other private information in your comments. Please be advised, written comments WILL NOT be read aloud during the meeting.
ORAL COMMENTS: Speakers must register to speak online at www.culvercity.org/agendas. Please indicate how you will attend (in-person or virtually) and the agenda item(s) for which you wish to make a comment.
Speakers will be called in chronological order, based on when they registered.
At the start of each agenda item, staff will read aloud the names of those who have requested to speak on an agenda item. Requests to speak must be received before the start of the public comment period for that agenda item or will not be considered. A QR code will be available for those wishing to sign up once they arrive to the meeting. Requests to speak will no longer be accepted through Zoom chat, only by completing the online form. Those without internet should contact (310) 253-5851 during business hours for help signing up to speak in advance or by speaking to staff upon arrival to the meeting room.
City of Culver City Page 2
Regular Meeting of the City Council, September 28, 2026 Successor Agency to the Culver City
Redevelopment Agency, and the
Culver City Parking, Redevelopment
Financing, Culver City Housing, and
Culver City Public Finance Authority
Boards.
City Council Meeting Agenda
Closed Session: 5:30 PM
Recognitions: 6:30 PM
Regular Session: 7:00 PM
AUTHORITY OF PRESIDING OFFICER:
Section 611 of the City Charter provides that during any public meeting, all persons shall have the right to address the City Council, and any City commission, board or committee, subject to reasonable rules of decorum and time limits established by ordinance or the presiding officer. Therefore, the presiding officer may, from time to time, establish different time limits than those listed in this Agenda in order to effectively conduct City business. The presiding officer may also, from time to time, re-order the items on the agenda in order to effectively conduct the City Council meeting.
AVAILABILITY OF AGENDA PACKETS AND CONSERVATION OF
RESOURCES:
The Agenda, staff reports and attachments are available online at www.culvercity.org/agendas. Members of the public may inspect (at no cost) and/or obtain copies (upon payment of the City’s current copying fee) of any regular session item by contacting the City Clerk’s Office at City Hall via phone at (310) 253-5851 or email at [email protected] Compliance with Government Code Section 54957.5: Any writing determined to be a public record under subdivision 54957.5(b), which relates to an agenda item for an open session of a regular meeting of the legislative body of a local agency that was distributed less than 72 hours prior to that meeting, shall be made available for public inspection at the time the writing is distributed to all, or a majority of all, of the members of the legislative body. Such documents are available at the Office of the City Clerk, City of Culver City, City Hall, 9770 Culver Boulevard, Culver City, CA 90232 and may be inspected by members of the Public during normal business hours. Such documents may also be made available on the City’s Website: www.culvercity.gov.
CELL PHONES AND OTHER DISTRACTIONS:
Use of cell phones, pagers and other communication devices is prohibited while the meeting is in session. Please turn all devices off or place on silent alert and leave the City Council Chambers to use. During the meeting, please refrain from applause or other actions that may be disruptive to the speakers or the City of Culver City Page 3
Regular Meeting of the City Council, September 28, 2026 Successor Agency to the Culver City
Redevelopment Agency, and the
Culver City Parking, Redevelopment
Financing, Culver City Housing, and
Culver City Public Finance Authority
Boards.
City Council Meeting Agenda
Closed Session: 5:30 PM
Recognitions: 6:30 PM
Regular Session: 7:00 PM
conduct of City business.
NOTE: AT OR ABOUT 11:00 P.M., MEMBERS MAY DETERMINE WHETHER
TO CONTINUE WITH DISCUSSION OF REMAINING ITEMS ON THE AGENDA
OR TO CARRY SOME/ALL OF THE ITEMS OVER TO A FUTURE MEETING DATE.
City of Culver City Page 4
Regular Meeting of the City Council, September 28, 2026 Successor Agency to the Culver City
Redevelopment Agency, and the
Culver City Parking, Redevelopment
Financing, Culver City Housing, and
Culver City Public Finance Authority
Boards.
City Council Meeting Agenda
Closed Session: 5:30 PM
Recognitions: 6:30 PM
Regular Session: 7:00 PM
CALL TO ORDER & ROLL CALL
CLOSED SESSION - 5:30 PM
Public requests to speak on Closed Session Items must be filed with the Clerk before Closed Session convenes. The City Council shall convene in closed session to consider the following matter(s):
CS-1. 27-342 CC - CONFERENCE WITH LEGAL COUNSEL – EXISTING
LITIGATION
RE: LEDGERWOOD, HANNAH V. CITY OF CULVER CITY
CASE NO. 24SMCV06035
PURSUANT TO GOVERNMENT CODE SECTION
54956.9(D)(1)
CS-2. 27-344 CC - PUBLIC EMPLOYEE PERFORMANCE EVALUATION TITLE: POLICE CHIEF
PURSUANT TO GOVERNMENT CODE SECTION 54957
CS-3. 27-372 CC - PUBLIC EMPLOYEE APPOINTMENT
TITLE: POLICE CHIEF
PURSUANT TO GOVERNMENT CODE SECTION 54957
(B)
RECOGNITION PRESENTATIONS - 6:30 PM
R-1. 27-286 CC - PRESENTATION OF A COMMENDATION TO
CAROL KRAMER FOR NEARLY 12 YEARS OF
VOLUNTEER SERVICE WITH THE CULVER CITY POLICE
DEPARTMENT.
R-2. 27-366 CC - A PROCLAMATION DESIGNATING OCTOBER 2026 AS NATIONAL COMMUNITY PLANNING MONTH.
R-3. 27-367 CC - PRESENTATION OF A PROCLAMATION
DESIGNATING OCTOBER 2026 AS "WALKTOBER” IN
CULVER CITY.
City of Culver City Page 5
Regular Meeting of the City Council, September 28, 2026 Successor Agency to the Culver City
Redevelopment Agency, and the
Culver City Parking, Redevelopment
Financing, Culver City Housing, and
Culver City Public Finance Authority
Boards.
City Council Meeting Agenda
Closed Session: 5:30 PM
Recognitions: 6:30 PM
Regular Session: 7:00 PM
R-4. 27-368 CC - PROCLAMATION IN RECOGNITION OF NATIONAL PEDESTRIAN SAFETY MONTH 2026.
R-5. 27-369 CC - PRESENTATION OF A PROCLAMATION
RECOGNIZING OCTOBER 7, 2026 AS CALIFORNIA
CLEAN AIR DAY.
REGULAR SESSION - 7:00 PM
PLEDGE OF ALLEGIANCE
LAND ACKNOWLEDGEMENT
REPORT ON ACTION TAKEN IN CLOSED SESSION
COMMUNITY ANNOUNCEMENTS BY MEMBERS/UPDATES FROM
COMMISSION, BOARDS AND/OR COMMITTEES/INFORMATION ITEMS FROM STAFF
Note: Council Members will have up to two minutes each to provide announcements (not including requests to "adjourn in memory".) Any additional announcements and/or requests to place items on a future agenda may be held to the end of the City Council Meeting, after all other business appearing on the agenda has been completed.
PRESENTATIONS TO CITY COUNCIL
P-1. 27-345 CC - PRESENTATION OF CULVER CITY’S
INCORPORATION OF CIVIC ASSEMBLY COMMUNITY
ENGAGEMENT RECOMMENDATIONS.
Attachments: 2026-09-28_ATT1_Civic Assembly Presentation JOINT PUBLIC COMMENT - Items NOT on the Agenda (Limit 20 Minutes) Note: All requests to address the City Council (and all other bodies in session) on items of interest to the public that are within the subject matter jurisdiction of the City Council (and all other bodies in session) and NOT on the agenda must be submitted to the City Clerk prior to the calling of this item by the presiding City of Culver City Page 6
Regular Meeting of the City Council, September 28, 2026 Successor Agency to the Culver City
Redevelopment Agency, and the
Culver City Parking, Redevelopment
Financing, Culver City Housing, and
Culver City Public Finance Authority
Boards.
City Council Meeting Agenda
Closed Session: 5:30 PM
Recognitions: 6:30 PM
Regular Session: 7:00 PM
officer. This public comment period shall have an aggregate duration of up to 20 minutes for all bodies in session. Each comment may be up to three minutes in length.
RECEIPT AND FILING OF CORRESPONDENCE
Note: The City Council shall consider a motion to receive and file all written correspondence related to agenda items appearing on this evening’s agenda and for all other written documents (including e-mails sent to [email protected]) on subjects not appearing on the agenda that were received by the City Clerk’s Office. Comments received in writing up to four hours before the meeting's regular session start time on the meeting date will be distributed to the City Council Members and become part of the official record of the meeting.
ORDER OF THE AGENDA
Note: The presiding officer or City Council may consider reordering the sequence in which items appearing on this evening’s agenda will be considered by the City Council.
CONSENT CALENDAR
Note: Consent Calendar items are considered to be routine in nature and may be approved by one motion. All requests to address the City Council under these items must be filed with the City Clerk before the Consent Calendar is called by the presiding officer. Speakers will be provided one opportunity to make comments on all consent calendar items at once. Any Consent Calendar item that is pulled for discussion by a Council Member (not including brief questions, points of clarification and the like, which can be handled quickly), may be pulled from the Consent Calendar and considered later in the agenda, at the discretion of the presiding officer or City Council.
C-1. 27-363 CC:HA:SA - CONSENT ITEM: APPROVAL OF CASH
DISBURSEMENTS FOR SEPTEMBER 5, 2026 TO
SEPTEMBER 18, 2026.
Attachments: Final Cash Disbursement for City Council - 26-0928 - Sig City of Culver City Page 7
Regular Meeting of the City Council, September 28, 2026 Successor Agency to the Culver City
Redevelopment Agency, and the
Culver City Parking, Redevelopment
Financing, Culver City Housing, and
Culver City Public Finance Authority
Boards.
City Council Meeting Agenda
Closed Session: 5:30 PM
Recognitions: 6:30 PM
Regular Session: 7:00 PM
C-2. 27-359 CC:HA:SA:PA - CONSENT ITEM: APPROVAL OF
MINUTES OF THE REGULAR CITY COUNCIL MEETING
HELD ON SEPTEMBER 14, 2026.
Attachments: 2026-09-14 CCCC Draft Minutes
C-3. 27-354 CC:HA:PFA - CONSENT ITEM: (1) APPROVAL OF AN
AGREEMENT WITH KPMG LLP FOR A STRATEGIC
CAPITAL PLANNING ASSESSMENT IN A TOTAL
AMOUNT NOT TO EXCEED $346,000; AND (2) OTHER
DIRECTION TO THE CITY MANAGER/EXECUTIVE
DIRECTOR AS DEEMED APPROPRIATE.
C-4. 27-278 CC:PFA - CONSENT ITEM: (1) AWARD OF A
CONSTRUCTION CONTRACT TO ONYX PAVING
COMPANY, INC IN THE AMOUNT OF $2,396,080 FOR
THE FY2026-27 RESIDENTIAL PAVEMENT
REHABILITATION PROJECT, PS-005; (2)
AUTHORIZATION TO THE PUBLIC WORKS DIRECTOR
TO APPROVE CHANGE ORDERS TO THE ONYX PAVING
COMPANY CONTRACT IN AN AMOUNT
NOT-TO-EXCEED $600,000 TO COVER CONTINGENCY
COSTS (25%) AND PAVING OF ADDITIONAL STREETS;
(3) AUTHORIZATION OF A TASK ORDER IN THE
AMOUNT OF $148,216 WITH TRANSTECH FOR
CONSTRUCTION INSPECTION SERVICES FOR THE
FY2026-27 RESIDENTIAL PAVEMENT REHABILITATION
PROJECT, PS-005, PURSUANT TO THE CITY’S
ON-CALL AGREEMENT WITH TRANSTECH; (4)
AUTHORIZATION TO THE PUBLIC WORKS DIRECTOR
TO APPROVE AMENDMENTS TO THE TRANSTECH
TASK ORDER IN AN ADDITIONAL AMOUNT NOT TO
EXCEED $37,000 TO COVER CONTINGENCY COSTS
(25%).
City of Culver City Page 8
Regular Meeting of the City Council, September 28, 2026 Successor Agency to the Culver City
Redevelopment Agency, and the
Culver City Parking, Redevelopment
Financing, Culver City Housing, and
Culver City Public Finance Authority
Boards.
City Council Meeting Agenda
Closed Session: 5:30 PM
Recognitions: 6:30 PM
Regular Session: 7:00 PM
C-5. 27-186 CC - CONSENT ITEM: (1) APPROVAL OF AN
AFFORDABLE HOUSING PROPERTY DISPOSITION
AGREEMENT BETWEEN THE CITY AND ACTORS FUND
HOUSING DEVELOPMENT CORPORATION FOR THE
CONSTRUCTION OF A MIXED-USE AFFORDABLE
HOUSING PROJECT AT 10401 VIRGINIA AVENUE (APNS
4209-027-905, 4209-029-900, 4209-029-923,
4209-029-924 & 4209-029-925) AND (2) ADOPTION A
RESOLUTION APPROVING ACTORS FUND HOUSING
DEVELOPMENT CORPORATION’S APPLICATION FOR
HOUSING DEVELOPMENT AND FINANCE COMMITTEE
FUNDING.
2026-09-28_ATT 1_City Resolution Approving AFHDC
Application for State Funding
Attachments:
C-6. 27-218 CC - CONSENT ITEM: APPROVAL OF A THREE-YEAR
AGREEMENT WITH SPECTRUM ENTERPRISE FOR
CONTINUED INTERNET, NETWORK, SECURITY,
TELEVISION, AND TELEPHONE SERVICES AT CULVER
CITY’S PROJECT HOMEKEY INTERIM AND
PERMANENT SUPPORTIVE HOUSING PROGRAM (3868 -
3900 SEPULVEDA BLVD).
C-7. 27-219 CC - CONSENT ITEM: ADOPTION OF THE FIVE-YEAR
CULVER CITY HOMELESS PLAN TO PREVENT AND
COMBAT HOMELESSNESS 2026-2031 TO GUIDE THE
CITY’S EFFORTS TO PREVENT AND ADDRESS
HOMELESSNESS OVER THE NEXT FIVE YEARS.
2026-09-28 - ATT Culver City Five-Year Plan to Prevent and Combat Homelessness 2026-2031.pdf
2026-09-28 - ATT Gaps and Assets Analysis (February
2026).pdf
2026-09-28 - ATT Housing and Homeless Toolkit.pdf
Attachments:
City of Culver City Page 9
Regular Meeting of the City Council, September 28, 2026 Successor Agency to the Culver City
Redevelopment Agency, and the
Culver City Parking, Redevelopment
Financing, Culver City Housing, and
Culver City Public Finance Authority
Boards.
City Council Meeting Agenda
Closed Session: 5:30 PM
Recognitions: 6:30 PM
Regular Session: 7:00 PM
C-8. 27-284 CC- CONSENT ITEM: (1) APPROVAL OF THE
DOWNTOWN CULVER CITY BUSINESS IMPROVEMENT
DISTRICT ADVISORY BOARD'S (“BID”) ANNUAL WORK
PLAN AND BUDGET; (2) CONSIDERATION OF PUBLIC
TESTIMONY RELATIVE TO A PROPOSED INCREASED
ASSESSMENT; AND (3) ADOPTION OF A RESOLUTION
DECLARING THE INTENT TO LEVY THE BID’S
ASSESSMENT FOR 2027 AND SETTING A PUBLIC
HEARING FOR OCTOBER 13, 2026.
2026-09-28_ATT 1_Staff Reports Attachments.pdf
2026-09-28_ATT 2_Proposed Resolution of Intention.pdf
Attachments:
C-9. 27-291 CC - CONSENT ITEM: (1) APPROVAL OF A FIVE-YEAR
GENERAL SERVICES AGREEMENT WITH AM-TEC
TOTAL SECURITY, INC. FOR REPLACEMENT OF THE
FIRE ALARM SYSTEMS LOCATED AT ALL THREE FIRE
STATIONS AND RELATED MAINTENANCE IN A TOTAL
AMOUNT NOT-TO-EXCEED $194,817.03; AND (2)
AUTHORIZATION TO THE PUBLIC WORKS DIRECTOR
TO APPROVE AMENDMENTS TO THE AGREEMENT IN
AN ADDITIONAL AMOUNT NOT TO EXCEED $30,000.
C-10. 27-311 CC - CONSENT ITEM: AUTHORIZATION TO RELEASE A
REQUEST FOR PROPOSALS FOR AN ECONOMIC AND
COMMUNITY INVESTMENT ANALYSIS AND STRATEGIC
IMPLEMENTATION PLAN RELATED TO CULVER CITY’S
2028 OLYMPIC ACTIVATIONS.
2026-09-28_ATT 1_Culver City Olympic Goals and Related
Action Items.pdf
2026-09-28_ATT 2_Approved Cultural Framework.pdf
Attachments:
City of Culver City Page 10
Regular Meeting of the City Council, September 28, 2026 Successor Agency to the Culver City
Redevelopment Agency, and the
Culver City Parking, Redevelopment
Financing, Culver City Housing, and
Culver City Public Finance Authority
Boards.
City Council Meeting Agenda
Closed Session: 5:30 PM
Recognitions: 6:30 PM
Regular Session: 7:00 PM
C-11. 27-327 CC - CONSENT ITEM: RECEIPT AND FILING OF
MEASURE CC, MEASURE C, AND MEASURE CL SALES
TAX STATUS REPORTS (FY 2025-2026, THIRD
QUARTER) AND REAL PROPERTY TRANSFER TAX
STATUS REPORT (FY 2025-2026, FOURTH QUARTER),
AS APPROVED BY THE FINANCE ADVISORY
COMMITTEE.
2026-09-28 ATT1 - Measure C, CC & CL Status Report Q3
FY26.pdf
2026-09-28 ATT2 - Real Property Transfer Tax Status Report Q4 FY26.pdf
2026-09-28 ATT3 - 10-Year Sales Tax Trend CY17 Q1 - CY26 Q1.pdf
Attachments:
C-12. 27-329 CC - CONSENT ITEM: (1) AWARD AN IN-KIND,
OFF-CYCLE SPECIAL EVENTS GRANT IN THE AMOUNT
OF $1,000 TO THE ARTIFICIAL INTELLIGENCE LOS
ANGELES FOR A FILM SCHOOL DAY EVENT AND
DESIGNATE THE EVENT AS CITY-SPONSORED.
C-13. 27-331 CC - CONSENT ITEM: ADOPTION OF A RESOLUTION AMENDING THE CITY’S CONFLICT OF INTEREST CODE
PURSUANT TO THE POLITICAL REFORM ACT,
INCORPORATING THE TERMS OF THE FAIR POLITICAL
PRACTICES COMMISSION’S (FPPC) MODEL CONFLICT
OF INTEREST CODE, AS SET FORTH IN TITLE 2 OF
CALIFORNIA CODE OF REGULATIONS SECTION 18730,
AND RESCINDING RESOLUTION NO. 2024-R061.
2026-09-28_ATT1_Proposed Amendments_Combined COI
Code RESO_CLEAN
2026-09-28_ATT2_Proposed Amendments_COIC
Appendices_REDLINE
Attachments:
City of Culver City Page 11
Regular Meeting of the City Council, September 28, 2026 Successor Agency to the Culver City
Redevelopment Agency, and the
Culver City Parking, Redevelopment
Financing, Culver City Housing, and
Culver City Public Finance Authority
Boards.
City Council Meeting Agenda
Closed Session: 5:30 PM
Recognitions: 6:30 PM
Regular Session: 7:00 PM
C-14. 27-335 CC - CONSENT ITEM: ADOPTION OF AN ORDINANCE
ESTABLISHING A NEW USE CLASSIFICATION,
STANDARDS AND APPROVAL PROCEDURES FOR
AUTONOMOUS VEHICLE FLEET SERVICES.
Attachments: 2026-09-28_ATT_Proposed Ordinance
C-15. 27-339 CC - CONSENT ITEM: (1) ADOPTION OF A
RESOLUTION APPROVING THE EXECUTIVE
MANAGEMENT COMPENSATION PLAN FOR THE
PERIOD JULY 1, 2026 THROUGH JUNE 30, 2029; (2)
ADOPTION OF A RESOLUTION ADOPTING THE
CLASSIFICATION AND SALARY PLAN FOR EXECUTIVE
MANAGEMENT RELATING TO CITY ATTORNEY
SALARY ADJUSTMENT EFFECTIVE JANUARY 26, 2026;
AND (3) ADOPTION OF A RESOLUTION ADOPTING THE
CLASSIFICATION AND SALARY PLAN FOR EXECUTIVE
MANAGEMENT EFFECTIVE RETROACTIVE TO JULY 13,
2026
2026_09_28_ATT 1_Resolution Approving the Executive
Management Compensation Plan for the Period July 1, 2026 through June 30, 2029
2026_09_28_ATT 2_Resolution Adopting the Classification and Salary Plan for Executive Management relating to the City Attorney Salary Adjustment
2026_09_28_ATT 3_Resolution Adopting the Classification and Salary Plan for Executive Management
Attachments:
PUBLIC HEARINGS AND ACTION ITEMS
Note: The Public Hearing or Action Item with the most public comment cards on file with the City Clerk may be considered by the City Council as the first item, at the discretion of the presiding officer or City Council. The remaining Public Hearing and Action items shall be considered in the order they appear on the agenda, unless re-ordered by the presiding officer or City Council.
City of Culver City Page 12
Regular Meeting of the City Council, September 28, 2026 Successor Agency to the Culver City
Redevelopment Agency, and the
Culver City Parking, Redevelopment
Financing, Culver City Housing, and
Culver City Public Finance Authority
Boards.
City Council Meeting Agenda
Closed Session: 5:30 PM
Recognitions: 6:30 PM
Regular Session: 7:00 PM
ACTION ITEMS
A-1. 27-343 CC:CCPFA - ACTION ITEM: (1) APPROVAL OF A
PURCHASE OPTION AGREEMENT WITH CF CC
INVESTOR LLC GIVING THE CULVER CITY PUBLIC
FINANCE AUTHORITY (AUTHORITY) THE EXCLUSIVE
RIGHT, BUT NOT THE OBLIGATION, TO PURCHASE
9050 WASHINGTON BOULEVARD DURING A DEFINED
OPTION PERIOD; (2) AUTHORIZATION TO THE
EXECUTIVE DIRECTOR TO SIGN THE PURCHASE
OPTION AGREEMENT, SUBJECT TO APPROVAL AS TO
FORM BY THE AUTHORITY’S GENERAL COUNSEL; (3)
AUTHORIZATION OF PAYMENT OF $375,000 BY
AUTHORITY TO CF CC INVESTOR LLC UNDER THE
TERMS OF THE AGREEMENT; (4) AUTHORIZATION OF
EXPENDITURES BY AUTHORITY NOT-TO-EXCEED
$500,000 FOR RELATED DUE DILIGENCE ANALYSIS;
AND (5) DIRECTION TO CITY MANAGER/EXECUTIVE
DIRECTOR AS DEEMED APPROPRIATE.
Attachments: 09-28-2026_ATT 1_Proposed Purchase Option Agreement
PUBLIC COMMENT - ITEMS NOT ON THE AGENDA (CONTINUED)
ITEMS FROM MEMBERS (CONTINUED)
MEMBER REQUESTS TO AGENDIZE FUTURE ITEMS
ADJOURN (INCLUDING ADJOURNMENT IN MEMORY)
City of Culver City Page 13