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Consider recommendations regarding the Coastal Resource Enhancement Fund (CREF) - Recommended 2007 Award and Grant Contract for Doty Property Acquisition, Third District, as follows:
a) Approve a $300,000 grant award from the Coastal Resource Enhancement Fund (CREF) for the fiscal year of 2007-2008; and
b) Approve execution of the attached CREF contract (BC-08-008) with the City of Goleta, in the amount of $300,000, to purchase a one-acre property, known as the Doty property on the Ellwood Mesa, for the period of July 10, 2007 to April 15, 2008.
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