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File #: 20-1831    Version: 1
Type: Consent Calendar Status: Passed
File created: 8/17/2020 In control: City Council/Public Financing Authority
On agenda: 9/21/2020 Final action: 9/21/2020
Title: Approve and authorize the execution of a License Agreement with Palermo Investments, LLC, for the 401 Main Street Project
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
Approve and authorize the execution of a License Agreement with Palermo Investments, LLC, for the 401 Main Street Project
body

Statement of Issue:
A License Agreement between the City and Palermo Investments, LLC (owner/developer), is presented for City Council approval and execution for the 401 Main Street Project at the intersection of Main Street and Orange Avenue.

Financial Impact:
No funding is required for this action.

Recommended Action:
recommendation
Approve and authorize the Mayor and City Clerk to execute and record the "License Agreement Between the City of Huntington Beach and Palermo Investments, LLC, to Provide Installation and Maintenance of Landscaping and Landscaping Improvements in the Public Right-of-Way" for the 401 Main Street Project.
end

Alternative Action(s):
Do not authorize execution of the License Agreement between the City of Huntington Beach and Palermo Investments, LLC, 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. This alternative action would result in increased future maintenance costs for the City and will prevent the developer from satisfying the project's Conditions of Approval.

Analysis:
The 401 Main Street project is a redevelopment project located at the northwest corner of Main Street and Orange Avenue. The project's development requirements included the construction and responsibilities for future maintenance of landscaping and hardscape improvements within the public right-of-way along its street frontages on Main Street and Orange Avenue. To document this responsibility, the developer/owner is required to execute the appropriate landscap...

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