City Council

Item S502: Agreement Satisfying and Terminating Obligations Under 2004 Transfer\nAgreement and Amending 2004 City Option, in Relation to Property\nLocated at 1100 Kettner Boulevard. (Added 10/23/24)\nThis item will be considered in the morning session which is scheduled\nto begin at 10:00 a.m.\nTotal Estimated Cost of Proposed Action and Funding Source:\nMCASD will cause $150,000 to be transferred to the City in satisfaction of its\nfinancial obligation under the 2004 Transfer Agreement for the Public Access\nImprovements associated with the B Street Corridor Improvement project.\nThese funds will be deposited into a dedicated account to be used by the\nSuccessor Agency or its authorized agent to fund the completion of the Public\nAccess Improvements.\nCouncil District(s) Affected: 3.\nProposed Actions:\n(R-2025-208)\nResolution approving the Agreement Satisfying and Terminating Obligations\nUnder 2004 Transfer Agreement and Amending 2004 City Option, in relation\nto the museum site at 1100 Kettner Boulevard in downtown San Diego, and\nauthorizing related actions.\nCommittee Actions Taken: N/A\nEconomic Development: Christina Bibler, (619) 236-6421\nCity Attorney Contact: Kevin Reisch