A-3. 26-626 CC:HA:PA - ACTION ITEM: (1) Authorization to the City Manager to Pursue the Formation of a Joint Powers Authority (JPA) to Finance Existing City Obligations and Future Special Projects; (2) Approval of a Professional Services Agreement with Orrick, Herrington & Sutcliffe LLP for the Establishment of the JPA and Bond Counsel Services; (3) Approval a Professional Services Agreement with PFM Financial Advisors LLC for Financial Advisory Services Related to Lease Revenue Bonds; (4) Approval of a Professional Services Agreement with Ernst & Young U.S. LLP for Financial Analysis and (5) Other Direction to the City Manager as Deemed Appropriate. - Culver City, CA

Meeting: City Council Meeting Agenda on 2026-03-16 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: March 16, 2026 at 7:00pm PDT

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Agenda Item

A-3. 26-626 CC:HA:PA - ACTION ITEM: (1) Authorization to the City Manager to Pursue the Formation of a Joint Powers Authority (JPA) to Finance Existing City Obligations and Future Special Projects; (2) Approval of a Professional Services Agreement with Orrick, Herrington & Sutcliffe LLP for the Establishment of the JPA and Bond Counsel Services; (3) Approval a Professional Services Agreement with PFM Financial Advisors LLC for Financial Advisory Services Related to Lease Revenue Bonds; (4) Approval of a Professional Services Agreement with Ernst & Young U.S. LLP for Financial Analysis and (5) Other Direction to the City Manager as Deemed Appropriate.