HomeMy WebLinkAboutAGENDA REPORT 2018 0620 CCSA REG ITEM 09DCITY OF MOORPARK,
CALIFORNIA
City Council Meeting
of June 20, 2018
ACTION Mayor Parvin and
Councilmember Simons
appointed
BY M.Benson
D. Consider Appointing City Council Ad Hoc Committee Related to Development of
Disposition and Development Agreement for Daly Group Project. Staff
Recommendation: Select two members of the City Council to participate on the
Ad Hoc Committee for the Daly Group Project.
Item: 9.D.
MOORPARK CITY COUNCIL
AGENDA REPORT
TO: Honorable City Council
FROM: Troy Brown, City Manager
DATE: 6/20/18 Regular Meeting
SUBJECT: Consider Appointing City Council Ad Hoc Committee Related to
Development of Disposition and Development Agreement for Daly
Group Project
DISCUSSION
At the June 6th meeting the City Council approved an Exclusive Negotiating Agreement
(ENA) with the Daly Group for City-owned property located on the south side of High
Street. One of the requirements of the ENA is to have the deal points of the Disposition
and Development Agreement (DDA) finalized by the end of the ENA term. As a
reminder, DDA’s are used to discourage land speculat ion and control development on a
property owned by the City and planned to be sold to a developer.
Staff is seeking appointment of an Ad Hoc Committee to negotiate the Disposition and
Development Agreement with the Daly Group.
STAFF RECOMMENDATION
Select two members of the City Council to participate on the Ad Hoc Committee for the
Daly Group Project.
Item: 9.D.
647