City Council

23. Authorize the Interim City Manager to Terminate the Exclusive Negotiating\nAgreement with the San Bernardino Development Company (SBDC) and pay\nliquidated damages associated with said termination (Ward 1) p.1281\nRecommendation:\nIt is recommended that the Mayor and City Council authorize the Interim City Manager to\nterminate the Exclusive Negotiating Agreement (ENA) with the San Bernardino\nDevelopment Company (SBDC) for the Carousel Mall redevelopment project and authorize\npayment of liquidated damages to SBDC, in the amount of $100,000, associated with said\ntermination.\nPUBLIC HEARING