C-15. 25-1550 CC - CONSENT ITEM: (1) Approval of a Donation Agreement with Culver City Unified School District (CCUSD) for a One-Time Donation of $2.5 Million with Established Conditions; and (2) FOUR-FIFTHS VOTE REQUIREMENT: Approval of a Related Budget Amendment to (A) Defund 17 Capital Improvements Projects (CIPs) Totaling $2,508,256 in General Fund Dollars; (B) Appropriate $1,082,902 from the Mobility Improvement Fund (Fund 437) to Fund Four Eligible CIPs Identified for Defunding; and (C) Appropriate $2.5 Million from the General Fund for Donation to CCUSD after the Donation Agreement is Executed. - Culver City, CA

Meeting: City Council Meeting Agenda on 2025-09-08 7:00 PM - Regular Meeting of the City Council, Successor Agency to the Culver City Redevelopment Agency Board, Culver City Parking Authority Board, Redevelopment Financing Authority Board, and Culver City Housing

Meeting Time: September 08, 2025 at 7:00pm PDT

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Agenda Item

C-15. 25-1550 CC - CONSENT ITEM: (1) Approval of a Donation Agreement with Culver City Unified School District (CCUSD) for a One-Time Donation of $2.5 Million with Established Conditions; and (2) FOUR-FIFTHS VOTE REQUIREMENT: Approval of a Related Budget Amendment to (A) Defund 17 Capital Improvements Projects (CIPs) Totaling $2,508,256 in General Fund Dollars; (B) Appropriate $1,082,902 from the Mobility Improvement Fund (Fund 437) to Fund Four Eligible CIPs Identified for Defunding; and (C) Appropriate $2.5 Million from the General Fund for Donation to CCUSD after the Donation Agreement is Executed.