At the City Council meeting on the evening of Monday, April 13, Action Item 1 (A1) called for, “Approvals by the City and the Housing Authority of the Joint Exercise of Powers Agreement between the City and the Housing Authority for the Formation of the Culver City Public Finance Authority, including Adoption of Respective Related Resolutions.”
Staff recommended “that the City Council and the Housing Authority Board adopt respective resolutions (Attachments 1 and 2) for the purposes of: (1) Approval of the Joint Exercise of Powers Agreement (the “JPA Agreement”) between the City and the Housing Authority for the formation of the Culver City Public Finance Authority (the “JPA”); and (2) provide other direction to the City Manager/Executive Director as deemed appropriate.”
That passed unanimously, as did a second motion to end the fiscal emergency.
Action Item 2 (A2) was all about the financial reporting, with city staff stating that no fraud or waste was found.
“(1) Receipt and Filing of the Fiscal Year 2023-2024 Annual Comprehensive Financial Report (ACFR); (2) Receipt and Filing of the Fiscal Year 2023-2024 Popular Annual Financial Report (PAFR); (3) Receipt and Filing of the Fiscal Year 2024-2025 ACFR; (4) Receipt and Filing of Metro City of Culver City Annual Financial Report for Fiscal Years ended June 30, 2025 and 2024; (5) Receipt and Filing of Communication Letter from the City’s Auditors, Lance, Soll and Lunghard LLP (LSL); (6) Receipt and Filing of LSL’s Independent Auditor’s Report on Internal Control Over Financial Reporting; (7) Receipt of Presentation from LSL; (8) Approval of a Professional Services Agreement with LSL Consulting & Advisory Department in an Amount Not-To-Exceed $50,000 to Assist with Establishing Best Practices; (9) Approval of an Amendment to the City’s Existing Professional Services Agreement with LSL Assurance Department for Additional Audit Services for the Fiscal Year 2025-2026 Audit and the Transportation Department in an Amount Not-To-Exceed $50,000; and (10) Adoption of Resolution Amending City Council Policy 5002, Financial Policies to Establish a Requirement to Provide City Council with a Report on the ACFR by March 31 Each Year.”
Staff recommended that the reports be received and filed, as they were.
Action Item 3 (A3) called for, “Discussion of Modifications to the Special Events Grant Policy 2502 and Direction to the City Manager as Deemed Appropriate.”
Staff recommended, “the City Council discuss modifications to the Special Events Grant Policy 2502 and provide direction to the City Manager as deemed appropriate.”
That item passed unanimously, as did A4: “Receipt and Review of the Downtown Culver City Entertainment Zone Management Plan; (2) Introduction of an Ordinance Amending Culver City Municipal Code (CCMC) by Adding a New Chapter 11.35 and Amending Section 13.03.025; and (3) Direction to the City Manager as Deemed Appropriate.”
Finally, Action Item 5 (A5) called for, “Discussion of Professional Services Agreement with Good Guard Security, Inc. for Security Services at City Council Meetings, and Potential Alternative Uses for the Funding Allocated to that Agreement.”
After some discussion about the necessity for security at council meetings, the item passed 4-0, with Council Member Yasmine-Imani McMorrin abstaining.