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Disposition and Development Agreement for YMCA <br />September 3, 2019 <br />Page 4 <br />exterior of the site will be included in the DDA. Once negotiations are finalized and solidified <br />within a Draft DDA, the Final DDA will placed on a future City Council agenda for ratification by <br />the City Council. The YMCA property will remain in the City's ownership during negotiations. <br />STRATEGIC PLAN ALIGNMENT <br />Approval of this item allows the City to meet Goal #3 (Economic Development), Objective #5 <br />(Leverage private investment that results in tax base expansion and job creation citywide), <br />Strategy A (Identify and market underutilized properties for new development that will create new <br />jobs and expand the City's tax base). <br />FISCAL IMPACT <br />There is no fiscal impact associated with this action. <br />Steven A. Mendoza <br />Executive Director <br />Community Development Agency <br />Exhibits: 1. Resolution and Letter from OCSA <br />2. Proposed Concept - Howard CDM/OCSA <br />3. Proposed Concept - Caribou <br />60A-4 <br />