City Council

8.\nRESOLUTION NO. 8540\nAUTHORIZING THE CITY MANAGER TO EXECUTE AN EXCLUSIVE NEGOTIATING AGREEMENT\n(ENA) AND INITIATE FUNDING COMMITMENT LETTER WITH ABODE COMMUNITIES FOR AN\nAFFORDABLE HOUSING DEVELOPMENT ON THE PARCEL IMMEDIATELY SOUTH OF 14115\nCORDARY AVENUE.\nRECOMMENDED MOTION:\nStaff recommends that the City Council Adopt Resolution No. 8540 and authorize the City manager to\nexecute an Exclusive Negotiating Agreement and Initial Funding Commitment with Abode Communities for\nan affordable housing development on the Housing Successor Agency to the Hawthorne Community\nRedevelopment Agency-owned site located immediately south of 14115 Cordary Avenue.