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REQUEST FOR <br />COUNCIUAGENCY <br />ACTION <br />MEETING DATE: <br />APRIL 5, 2004 <br />TITLE: <br />AGREEMENT WITH CALIFORNIA STATE <br />UNIVERSITY, FULLERTON FOUNDATION <br />FOR THE GRAND CENTRAL ART CENTER <br />�UCTt,on lsf <br />41TYMAN�AGER ECUTIVE DIRECTOR <br />RECOMMENDED ACTION <br />CITY COUNCIL ACTION <br />CLERK OF COUNCIL USE ONLY: <br />APPROVED <br />❑ <br />As Recommended <br />❑ <br />As Amended <br />❑ <br />Ordinance on 1st Reading <br />❑ <br />Ordinance on 2nd Reading <br />❑ <br />Implementing Resolution <br />❑ <br />Set Public Hearing For <br />CONTINUED TO <br />FILE NUMBER <br />Direct the City Attorney to prepare and authorize the City Manager and <br />the Clerk of the Council to execute an agreement to accept the <br />assignment of the California State University, Fullerton premises from <br />the Agency. <br />COMMUNITY REDEVELOPMENT AGENCY ACTION <br />1. Direct the Agency General Counsel to prepare and authorize the <br />Executive Director to execute an agreement with the California <br />State University, Fullerton Foundation to amend their contract to <br />operate the Grand Central Art Center for an additional 20 years. <br />2. Direct the Agency General Counsel to prepare and authorize the <br />Executive Director and Secretary to execute an agreement to assign <br />this lease to the City of Santa Ana. <br />DISCUSSION <br />In 1995, the Community Redevelopment Agency entered into an agreement <br />with the California State University, Fullerton (CSUF) Foundation to <br />5 <br />