San Diego

City Council

March 12, 2024 Item #50

Agenda Item 50

Item 50: Extension of the Operating Agreement Between the City of San Diego and Civic San\nDiego to Provide Successor Agency and Housing Successor Services.\nTotal Estimated Cost of Proposed Action and Funding Source:\nNo fiscal impact to the General Fund. Per the Operating Agreement, Civic San Diego\nmust prepare and submit to the City, for approval, an annual Work Plan and Operating\nBudget. The maximum compensation under this Agreement shall not exceed $15,000,000\nfor the additional 5-year term ending August 12, 2029.\nCouncil District(s) Affected: Citywide.\nProposed Actions:\n(O-2024-69)\nIntroduction of an Ordinance authorizing Mayor or his designee to execute the First\nAmendment to the Operating Agreement between the City of San Diego and Civic San\nDiego which includes the exercise of the option to extend the term and provides for a\nsecond five (5)-year option.\n6 votes required pursuant to Charter Section 99.\nCommittee Actions Taken:\nThis item was heard at the Economic Development and Intergovernmental Relations\nCommittee meeting on February 7, 2024.\nACTION: Motion by Vice Chair Lee, second by Committee Member Campbell, to\nrecommend Council approval of staff’s proposed actions.\nVOTE: 3-0; Campillo-yea, Lee-yea, Campbell-yea.\nEconomic Development: Christina Bibler, (619) 236-6421\nCity Attorney Contact: Michael Park