City Council

Item S500: Agreement Satisfying and Terminating Obligations Under 2004 Transfer Agreement\nand Amending 2004 City Option, in Relation to Property Located at 1100 Kettner\nBoulevard. (Added 11/13/24)\nThis item will be considered in the morning session which is scheduled to begin at\n10:00 a.m.\nTotal Estimated Cost of Proposed Action and Funding Source:\nMCASD will cause $150,000 to be transferred to the City in satisfaction of its financial\nobligation under the 2004 Transfer Agreement for the Public Access Improvements\nassociated with the B Street Corridor Improvement project. These funds will be deposited\ninto a dedicated account to be used by the Successor Agency or its authorized agent to\nfund the completion of the Public Access Improvements.\nCouncil District(s) Affected: 3.\nProposed Actions:\n(R-2025-208)\nResolution approving the Agreement Satisfying and Terminating Obligations Under 2004\nTransfer Agreement and Amending 2004 City Option, in relation to the museum site at\n1100 Kettner Boulevard in downtown San Diego, and authorizing related actions.\nCommittee Actions Taken: N/A\nEconomic Development: Christina Bibler, (619) 236-6421\nCity Attorney Contact: Kevin Reisch