Laguna Beach
City Council
Agenda Item 13
13. CONSIDERATION OF ISSUING LETTERS OF INTENT FOR PROPOSALS\nRESPONDING TO THE CITY’S LOCAL HOUSING TRUST FUND NOTICE\nOF FUNDING AVAILABILITY RELEASED ON APRIL 10, 2024\nRecommendation: Authorize the City Manager to issue letters of intent to the\nfollowing proposals that responded to the City’s Local Housing Trust Fund Notice of\nFunding Availability:\na. West Development Ventures / Fullerton Development Partners for an\namount not to exceed $3,000,000; and\nb. Related California for an unknown amount.\nAgenda Report (REVISED)