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SR 08-23-2011 7ACity Council Meeting: August 23, 2011 Agenda Item: ~` "~~' To: Mayor and City Council From: Marsha Jones Moutrie, City Attorney Subject: Ordinance Approving the Development Agreement between the City of Santa Monica, a Municipal Corporation, and Colorado Creative Studios, LLC, A California Limited Company Recommended Action Staff recommends that the Cify Council adopt the attached ordinance. Executive Summary At its meeting on July 26, 2011, the City Council introduced for first reading an ordinance approving the Development Agreement between the City of Santa Monica and Colorado Creative Studios, LLC, a California Limited Company. The ordinance is now presented to the City Council for adoption. Prepared by: Marsha Jones Moutrie, City Attorney Approved: Forwarded to Council: Rod Gould City Manager Reference Agreement No. 9458 (CCS) and Ordinance No. 2367 (ccs)