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File #: 21-1159   
Type: Consent Calendar Status: Agenda Ready
In control: City Council - Successor Agency - Housing Authority
On agenda: 11/2/2021 Final action:
Title: AGREEMENT WITH GLC FULLERTON LLC FOR INDUSTRIAL LOGISTICS CENTER AT 2001 EAST ORANGETHORPE AVENUE (GOODMAN LOGISTICS CENTER FULLERTON) TO MODIFY DEVELOPER'S CATEGORY OF PUBLIC BENEFITS ASSOCIATED WITH THE PROJECT
Attachments: 1. 110221 PW GLC Fullerton Agreement LLC Agenda Report

Title

AGREEMENT WITH GLC FULLERTON LLC FOR INDUSTRIAL LOGISTICS CENTER AT 2001 EAST ORANGETHORPE AVENUE (GOODMAN LOGISTICS CENTER FULLERTON) TO MODIFY DEVELOPER’S CATEGORY OF PUBLIC BENEFITS ASSOCIATED WITH THE PROJECT 

Recommendation

Recommendation:

 

1.                     Direct City Attorney to develop an agreement with GLC Fullerton LLC that does not reduce the public benefit amounts associated with the Goodman Logistics Center Project located at 2001 East Orangethorpe Avenue but modifies the specific category of benefit.

 

2.                     Authorize Acting City Manager to execute the agreement and administer the agreement, in the form developed and approved by the City Attorney.