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File #: 21-047    Version: 1
Type: Consent Calendar Status: Passed
File created: 1/12/2021 In control: City Council/Public Financing Authority
On agenda: 2/16/2021 Final action: 2/16/2021
Title: Authorize execution of a License Agreement with C3 DLG 414 Main Street, LLC, for the 414 Main Street Mixed-Use Project located on the east side of Main Street between Orange Avenue and Pecan Avenue
Attachments: 1. Att#1 License Agreement
REQUEST FOR CITY COUNCIL ACTION

SUBMITTED TO: Honorable Mayor and City Council Members

SUBMITTED BY: Oliver Chi, City Manager

PREPARED BY: Sean Crumby, Director of Public Works

Subject:
title
Authorize execution of a License Agreement with C3 DLG 414 Main Street, LLC, for the 414 Main Street Mixed-Use Project located on the east side of Main Street between Orange Avenue and Pecan Avenue
body

Statement of Issue:
A License Agreement between the City and C3 DLG 414 Main Street, LLC (owner/developer), for the installation and maintenance of improvements in the public right-of-way is presented for City Council approval and execution for the 414-424 Main Street mixed-use project located on the east side of Main Street, between Orange Avenue and Pecan Avenue.

Financial Impact:
No funding is required for this action.

Recommended Action:
recommendation
Authorize the Mayor and City Clerk to execute and record the, "License Agreement between the City of Huntington Beach and C3 DLG 414 Main Street, LLC, to Provide Installation and Maintenance of Landscaping and Landscaping Improvements in the Public Right-of-Way," for the 414-424 Main Street mixed-use project (Attachment 1).
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Alternative Action(s):
Do not authorize execution of the agreement, with findings for denial, and direct staff accordingly. Absent this agreement, the City would be responsible for construction and maintenance of the improvements within the public right-of-way related to the subject project, which would result in increased future maintenance costs for the City. Additionally, without this Agreement, the developer would be unable to satisfy the project's Conditions of Approval.

Analysis:
The 414-424 Main Street mixed-use project is a four story; mixed-use development located on the east side of Main Street, between Orange Avenue and Pecan Avenue, and consists of 5,000 square feet of retail, 20 residential units (condos), and subterranean parking. The project's development requirement...

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