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2025-03-18 CC Agenda Packet - ITEM C08 - Cultural Development Program FeeCITY OF ELSE GUNDO Cultural Development Program Fee Background • City Council adopted Ordinance No. 1594 on November 19, 2019, to establish a Cultural Development Program • At the November 19, 2024, City Council Meeting, the City Council directed staff to return to the City Council with updated information regarding the CDP • At the January 21, 2025, City Council Meeting, the City Council directed staff with recommendations to modify the Cultural Development Program fee structure • On February 13, 2025, the Planning Commission held hearing to receive public testimony and other evidence draft ordinance and recommended that the City Council Ordinance 3/18/2025 City of El Segundo 1 350 Main St. El Segundo, CA90245 i public regarding the approve the 2 6 LSF.GU VUO Modifications to the CDP Fee Structure • Ability to split the fees between the on -site art and pay the remainder as in -lieu fee • Established a fee cap not to exceed $1,000,000 • Allow applicants to pay the fee prior to issuing the certificate of occupancy rather than the building permit ELSEGUNUU 3/18/2025 City of El Segundo 1 350 Main St. El Segundo, CA90245 3