D�.1
�!. CityofDowney AGENDAMEMO
TO:
FROM:
DATE:
SUBJECT:
Item No. APPROVED BY
CITY MANAGER
HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
OFFICE OF THE CITY MANAGER
�
BY: ALDO E. SCHINDLER, DEPUTY CITY MANAGER/� COMMUNITY DEVELOPMENT APRIL 12, 2022
FUTURE TRANSFER OF THE NASANUL TEE BUILDING TO THE CITY OF DOWNEY
RECOMMENDATION
That the City Council approve a Memorandum of Understanding with US VI Downey, LLC, to facilitate the transfer of the NASANultee Building from the property owner -US VI Downey, LLC, to the City of Downey; and authorize the City Manager to execute any and all amendments to the Memorandum of Understanding.
DISCUSSION
The former National Aeronautics and Space Administration (NASA) Industrial Plant in Downey, now the Promenade at Downey, was once one of the earliest aircraft manufacturing and assembly facilities in the United States. The most significant structure of that site, the NASANultee building, has remained intact at the site. The building consisted of the former engineering and administrative office wings that formed the westernmost portions. The building is eligible for listing in the National Register of Historic Places.
The City's plan is to keep the historic building intact, and adaptively reuse it for a "community serving" purpose, specifically a business -academic incubator to leverage and spur the STEM resources and curriculum provided by the City's Columbia Memorial Space Center, and the Downey Unified School District.
To proceed with this strategy, the City desires to own the building. The current owner, US VI Downey, LLC ("Property Owner") has agreed to sell the building to the City for $10.00.
To facilitate this process and examine all the details involved in the future transaction, the City and the Property Owner have agreed to enter into a Memorandum of Understanding ("MOU").
The purpose of the MOU is to describe the roles and responsibilities of the Parties, with respect to the potential transfer of the Building from the Property Owner to the City, such as: defining the tasks and processes that are necessary to convey the Building to the City, including, but not