Culver City
City Council
Agenda Item 3
A-3. 25-811 CC:HA - ACTION ITEM: (1) CONSIDERATION OF A\nREQUEST FROM COMMUNITY CORPORATION OF\nSANTA MONICA (CCSM) FOR A $16 MILLION RESIDUAL\nRECEIPTS LOAN FOR THE JUBILO VILLAGE\nAFFORDABLE HOUSING PROJECT; (2) FOUR-FIFTHS\nVOTE REQUIREMENT: IF CCSM’S REQUEST IS\nGRANTED, APPROVAL OF A RELATED BUDGET\nAMENDMENT; AND (3) DIRECTION TO THE CITY\nMANAGER AS DEEMED APPROPRIATE.