chh'licj&tcl e'' - los...

Community Redevelopment Agency of the CITY OF LOS ANGELES

CRA/LA BUILDING COMMUNITIES

1200 West 7th Street I Suite 500 Los Angeles I California 90017-2381

REVISED RE AS UNDERLINED IN RECOMMENDATIONS SECTION

Honorable Council of the City of Los Angeles John Ferraro Council Chamber 200 N. Spring Street Room 340, City Hall Los Angeles, CA. 90012

Attention: Sharon Gin, Office of the City Clerk

COUNCIL TRANSMITTAL:

DATE I JAN 14 2011 FILE CODE/ ~~~-~~~~. --- ....

T 213 977 1600 IF 213 977 1665 www.crala.org

CRA File No. Cf312.,. Council District: Various Contact Person: Dalila T. Sotelo

(213) 977-1636

Transmitted herewith, is a Board Memorandum adopted by the Agency Board on January 14, 2011 City Council review and approval in accordance with the "Community Redevelopment Agency Oversight Ordinance" entitled:

VARIOUS ACTIONS RELATED TO: COOPERATION AGREEMENT WITH CITY OF LOS ANGELES FOR PAYMENT OF APPROXIMATELY $930,000,000 FOR COSTS ASSOCIATED WITH CERTAIN CRAILA FUNDED CAPITAL IMPROVEMENT, PUBLIC IMPROVEMENT AND AFFORDABLE HOUSING PROJECTS LOCATED WITHIN THE CURRENTLY DESIGNATED 31 REDEVELOPMENT PROJECT AREAS

RECOMMENDATION That City Council approves recommendations on the attached Board Memorandum.

ENVIRONMENTAL REVIEW Given the nature of the recommended action (entering into a cooperative agreement for payments of the cost associated with potential future redevelopment activities), conducting analysis under the California Environmental Quality Act (CEQA) is premature at this time and is not currently required. It should be noted that anticipated developments within each of the CRAILA's existing 31 redevelopment project areas were evaluated as part of the redevelopment plan adoption process, pursuant to the provisions of CEQA. In addition, each individual capital improvement, public improvement or affordable housing project/activity listed in this memorandum has already been or will be reviewed separately in full compliance with the requirements of CEQA prior to project approval and/or implementation, unless exempted under CEQA.

FISCAL IMPACT STATEMENT There is no fiscal impact to the City's General Fund, as a result of this action.

Chh'liCJ&tcL E'"'""" Office'

CRA/LA Building communities

Page2 Transmittal

cc: Sharon Gin, Office of the City Clerk (Original & 3 Copies on 3-hole punch) Lisa Johnson Smith, Office of the CAO lvania Sobalvarro, Office of the CLA Steve Ongele, Office of the Mayor Noreen Vincent, City Attorney's Office

THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF LOS ANGELES, CALIFORNIA

MEMORANDUM

REVISED VARIOUS RE AS UNDERLINED IN RECOMMENDATIONS SECTION

DATE:

TO:

FROM:

STAFF:

SUBJECT:

JANUARY 14, 2011

CRA/LA BOARD OF COMMISSIONERS

CHRISTINE ESSEL, CHIEF EXECUTIVE OFFICER

DALILA SOTELO, DEPUTY CHIEF OF OPERATIONS

COOPERATION AGREEMENT WITH CITY OF LOS ANGELES FOR PAYMENT OF APPROXIMATELY $930.000,000 FOR COSTS ASSOCIATED WITH CERTAIN CRA/LA FUNDED CAPITAL IMPROVEMENT, PUBLIC IMPROVEMENT AND AFFORDABLE HOUSING PROJECTS LOCATED WITHIN THE CURRENTLY DESIGNATED 31 REDEVELOPMENT PROJECT AREAS.

RECOMMENDATIONS

That the CRA/LA Board of Commissioners, subject to City Council review and approval:

1. Authorize the Chief Executive Officer (CEO) or designee to negotiate and enter into a Cooperation Agreement (Agreement) in an amount up to $930.000.000 with the City of Los Angeles (the City) for the implementation of capital and public improvements, affordable housing and other redevelopment projects (including program delivery costs) in the currently designated CRA/LA redevelopment project areas, subject to the review and approval of the City Attorney;

2. Request that the City Council adopt a Resolution or Resolutions under the California Health and Safety Code Sections 33421.1 and 33445 finding that the use of CRA/LA funds to pay for the construction of certain capital and public improvements are of benefit to the affected Project Areas by eliminating blight within the Project Area and that the construction of said improvements is consistent with the Redevelopment Plan and the Five-Year Implementation Plan for each Project Area and effectuates the relevant Redevelopment Plan;

3. Instruct the Chief Executive Officer (CEOl or designee to increase the amount of the available under the Agreement by 5% ($45 million) or $930,000,000 in order to ensure that the work program of all Regions and corresponding project areas are reflected in the list of projects (Attachment Al: and,

4. Instruct Chief Executive Officer (CEO) to negotiate within the Cooperation Agreement the designation of a Successor Entity to implement the work program on behalf of the City upon the conclusion of CRA/LA's statutorv authority; and. that such Entity be either a non-profit organization or development corporation approved by the City Council and managed by the CEO. Chris Essel. with support from designated members of her management team and staff.

COOPERATION AGREEMENT WITH THE CITY OF LOS ANGELES 2

SUMMARY

Under the Agreement, CRA!LA will enter into a contract with the City providing that, among other things, the City will perform certain eligible activities on behalf of the CRA!LA including installation of publicly-owned capital improvements, public improvements, the creation and preservation of affordable housing projects and other redevelopment projects located throughout the 31 adopted Redevelopment Project Areas. The contemplated activities are beyond those normally provided by the City and are specifically intended to assist CRA!LA in addressing the removal of blight and prevention of the recurrence of blight. The obligation to pay tax increment, as set forth in the Agreement, shall constitute an indebtedness of the CRA!LA for the purpose of carrying out the Redevelopment Plans for each of the affected project areas.

DISCUSSION AND BACKGROUND

CRA!LA has adopted Five-Year Implementation Plans which establish goals to support economic development, commercial, community and institutional revitalization as well as the creation and preservation of affordable housing. To implement the programs, activities and projects associated with each goal, CRAILA had made redevelopment fund commitments based on estimated available tax increment revenue and debt financing structures.

Currently, CRA!LA is actively involved in the development of various projects that have been identified in the 31 Five-year Implementation Plans. Many of the identified projects will accelerate the economic recovery of the City as well as ensure the creation of locally based, quality jobs. The projects are listed in Attachment A.

In the current budget environment, CRA!LA's ability to carry out these objectives may be limited. Historically, CRA!LA has successfully partnered with the City to effectuate a work program. Pursuant to the California Redevelopment Law, Health & Safety Code Section 33220, certain public bodies, including the City may aid and cooperate in the planning, undertaking, construction and operation of redevelopment projects. Building on this success, CRA!LA desires assistance and cooperation in the implementation and completion of these activities (Attachment A). By entering into the Agreement, CRAILA will pledge the unencumbered resources in the current FY2010-11 Budget, and the Net Tax Increment (defined as gross tax increment, less County Administrative Fees, statutory pass-throughs and debt service) from FY2011-12 through FY2015-16. The purpose of this Agreement is to facilitate the implementation of the activities listed in Attachment A pursuant to the terms and conditions outlined in the Agreement.

SOURCE OF FUNDS

Tax Increment, Bond Proceeds, Low and Moderate Income Housing Funds, City AB1290 Funds, City Affordable Housing Trust Funds and CRA!LA Special Revenue

PROGRAM AND BUDGET IMPACT

This action is consistent with the Council approved current FY2010-11 Budget and Work Program, and will ensure continued implementation of the various eligible redevelopment activities and programs. Each of the redevelopment programs and activities are more fully described in the project area's respective Five-Year Implementation Plans, each of which been previously approved by the CRA!LA Board of Commissioners following a duly-notice public hearing. The action will contractually commit available resources ($344,400,000) and projected Net Tax Increment from each of the active

COOPERATION AGREEMENT WITH THE CITY OF LOS ANGELES 3

redevelopment projects areas from FY2011-12 through FY2015-16 ($540,600,000) to the extent that such funds are realized and available. There is no adverse impact on the City's General Fund as a result of this action; funds will flow to the City to implement the Agreement.

ENVIRONMENTAL REVIEW

Given the nature of the recommended action (entering into a cooperative agreement for payments of cost associated with potential future redevelopment activities), conducting analysis under the California Environmental Quality Act (CEQA) is premature at this time and is not currently required. It should be noted that anticipated developments within each of the CRA/LA's existing 31 redevelopment project areas were evaluated as part of the redevelopment plan adoption process, pursuant to the provisions of CEQA. In addition, each individual capital improvement, public improvement or affordable housing project/activity listed in this memorandum has already been or will be reviewed separately in full compliance with the requirements of CEQA prior to project approval and/or implementation, unless exempted under CEQA.

Christine Essel Chief Executive Officer

By

~~ Calvin E. Hollis Chief Operating Officer

There is no conflict of interest known to me which exists with regard to any CRA/LA officer or employee concerning this action.

ATTACHMENTS

Attachment A: List of Activities (including programs, projects)

ATTACHMENT A

I ~

~

' Region Project Area Project Name I ~~ . ~' ~ ' ~

Downtown Bunker Hill Bunker Hill Close Out

Area Wide Public Downtown Bunker Hill

Improvements

Downtown Bunker Hill Parcel Y~1

Downtown Bunker Hill Broad Art Museum

Downtown Bunker Hilt Grand Avenue

Central Santa Fe Street Public

Downtown Industrial Improvements (Lucky

.loono\

Downtown Central

One Santa Fe Industrial

Downtown Central

Artists' Housing Project Industrial

Downtown Central

Artists' Park Industrial

Downtown Central

Downtown Riverwalk Industrial

Central Industrial Incentive Downtown

Industrial Program

Downtown Central

SRO Housing Industrial

Central Downtown

Industrial CleanTech Incubator

Downtown Central CleanTech Manufacturing Industrial Center

Downtown Central Alameda Street Goods Industrial Movement Improve.

Downtown Chinatown Ord/Yale Pedestrian Linkages

liST OF ACTIVITIES (INClUDING PROGRAMS PROJECTS

~ '" . =~z -~"~';.,~;~"= - .

Project '

Category Description

~ '' ,_

~ ~ ~~""' ~ -- =~~~~ ~---4"

Administration Various activities related to dose~out of project area.

Public Various public improvements in the project

Improvement area, including public art, street tree replacement, and sidewalk repairs.

Business Last remaining parcel in California Plaza, to

Assistance be developed with office, commercial, housing andfor cultural uses.

Development of 120,00 sf museum and

Public parking facility to house the Broad Collection.

Improvement Project includes ancillary uses such as storage and conservation areas and offices. Museum endowment to be $200 million.

Three phased mixed use development of parcels owned by CRAJLA and LA County to

Commercial include 5 start hotel, commercial space, and streetscape improvements. Catalytic mixed use project, area beautification, construction local hire, increased supply of housing stock.

Public Public improvements on Santa Fe between 4111

Improvement and 6111 Streets.

Housing Mixed~use development on site leased from

MTA at Santa Fe between 1s1 and 4111 Streets.

Housing Partner with Art Space to create housing for artists

Public Create open space on Matteo Street in park-lmorovement looor Artists District Public

2-Acre riverfront park serving Arts District Improvement

Provide financial assistance to industrial Industrial companies that are relocating, expanding, or

"greening" their operations or facilities.

Provide annual funding for programming,

Housing operations, maintenance services and administration of emergency, transitional and loermanent suooortive housina. Incubator located in the LADWP Innovation Campus will provide flex office space, shared

Industrial workshop and testing facilities, and business and administrative support for cleantech start-un comnanies.

Land Acquisition, Public Improvement and

Industrial Infrastructure for Twenty acre, CRAILA-owned opportunity site for clean industrial development.

Urgently-needed public improvements along Public the key industrial distribution roadway Improvement (Alameda from 1st St. to the SM Freeway) in

Central Los AnQe!es.

Public Creation of stairway park that finks residential Improvement community to the civic community.

Page 1 of 19

. ~ ~~

CRA/LA Investment

'

$250,000

$1,500,000

$5,000,000

$35,000,000

$50,000,000

$500,000

$4,000,000

$5,000,000

$5,000,000

$5,000,000

$5,000,000

$5,000,000

$6,000,000

$20,000,000

$30,000,000

$1,650,000

ATTACHMENT A

c

-Region Project Area

'~ ~ -

Downtown Chinatown

Downtown Chinatown

Downtown Chinatown

Downtown Chinatown

Downtown City Center













LIST OF ACTIVITIES (INCLUDING PROGRAMS, PROJECTS)

- - - -Project

Project Name Category

Description

- - - ~ - "~"-~'""'"~~- - - ~ -

Various public improvements related to Chinatown Cultural Capital Public making Chinatown a world~class capital, Implementation Plan Improvement including historic and cultural education, art

exhibitions, and public events.

Mixed~use development adjacent to Chinatown Gold Line Station. Includes

Blossom Plaza Commercial affordable rental units, commercial space, an outdoor cultural performance plaza, and

ublic oarkina ad a bike station.

59~unit affordable housing for large~families, Yale Street Apartments Housing including a social services enrichment

program facility.

On~going program to provide fayade Business Incentive

Commercial improvement grants and matching

Programs rehabilitation loans for commercial businesses.

Publio-private partnership to increase the usable green space in Downtown LA. The

Downtown Open Space Public plan will explore innovative design solutions

Plan Improvement and financing methods, identify opportunity sites, recommend policy and organizational changes, and provide an implementation

fan. Initiative to address concentrated poverty in

Central City East/Affordable Central City East, providing a balanced

Housing Housing community, stability and upward mobility.

Includes coordinated policy vision and action fan.

Downtown Women's Center Housing Rehabilitation of an existing housing project to extend covenants and improve units

Affordable Housing Project as new units Star Apartments Housing above commercial structure at 240 E. 6th

Street

Olympic Grand Linear Park Public

Develop park project in Southpark Improvement

Downtown Market Study & Business Economic development and land use study to

Implementation Strategy Assistance inform update of the Central City Community Plan.

Gateway Apartments Housing Affordable housing project (perm supportive housina) with SRO housino

Business Incentive On~going program to provide fayade

Program (Historic Core and Business improvement grants and matching Assistance rehabilitation loans for commercial

Fashion District) businesses.

Case Hotel Housing Dormitory for Jobs Corps to be reconfigured as senior housing for SRO Housing tenants

New Pershing apartments Housing Affordable housing project

Panama Hotel Housing Converting emergency housing into permanent houslna

Venice Hope Housing Public work with Mercy Housing and California

Project Improvement Hospital to develop senior housing and outoatient services

YMCA Jobs Corps (Phase Housing Housing for graduates of the program

Ill

Page 2 of 19

-CRA/L:A Investment

,,_ -

$2,700,000

$4,200,000

$4,200,000

$6,000,000

$150,000

$500,000

$1,000,000

$1,000,000

$1,500,000

$1,700,000

$2,000,000

$3,000,000

$3,000,000

$3,000,000

$3,000,000

$3,000,000

$3,000,000

ATTACHMENT A liST OF ACTIVITIES

' ~ ~ ', ~ '

,,, ' ' ' -~~~ ~- ~

' ~' ' ' ' '

Region Project Area Rroject Name Project

Description C:RA/LA Investment Category ' ' ' ' " ' ' ' ' ~ ~ ~-~ ' ~-- " ' ' ' ' -~ - ~ ' ' ,, ' ' ' ''' ~ " d - ~~ ~

Public~private partnership and 1 0-year plan to revitalize the historic Broadway corridor

between 211d Street and Olympic Blvd.

Downtown City Center Bringing Back Broadway Public Initiative includes historic presetvation, $5,000,000 Improvement economic development, urban planning and

design, transportation modes, parking, theatre programming, marketing, capital finance and

I nolicies.

Downtown City Center Huntington Hotel Housing Extensive rehabilitation of existing residential

$6,000,000 hotel as affordable housing.

Acquisition of vacant hotel and adjacent Downtown City Center Morrison Hotel Housing properties for redevelopment as affordable $7,000,000

artist housing and commercial use.

Downtown City Center Rehabilitation of SRO Housing

Provide rehab funds for housing units and $9,000,000

Housino Units extend covenants

Public Public/private partnership to create a

Downtown City Center Downtown Streetcar Improvement

streetcar connecting the Broadway Corridor to $10,000,000 LA Live and the Grand Avenue Project.

Downtown City Center Fashion District

Commercial Assist in private development of City Markets

$15,000,000 Development Sites Site and LAUSD site

Housing required for $30 million grant for

streetscape improvements to Figueroa, 11th,

Figueroa Corridor Prop. 1 C Affordable Washington, and Martin Luther King Jr. Blvd. Downtown City Center

Grant Housing Includes redesign and reconstruction of $18,000,000 Gilbert Lindsay Park, Exposition Park Sports Field, and 110 Freeway cap park feasibility

lstudv

Development of food access program

Council including: active food basket program

Downtown District 9 Food Access Program Commercial promoting produce from local farmers;

$80,000 Corridors

transportation support to and from local markets, including modifications to buses serving the area and increase shuttle services

Acquisition and development of a pocket part Council

Nevin Elementary Pocket Public on an industrial property adjacent to a public

Downtown District 9 Park Improvement

elementary school. The majority of funds will $150,000 Corridors be provided through a Proposition 84 grant

from the State of California Council

Public Rehabilitation of the historic Ralph Bunch

Downtown District 9 Ralph Bunche House Improvement House, located at 1221 E. 401h Place, for use $250,000

Corridors as a community resource center. Continued support of the Central Avenue

Council Business Association (CABA), to provide a

Downtown District 9 Central Avenue Business

Commercial forum for the business community on Central $400,000

Corridors Association Avenue, promote business activity through

marketing efforts, and encourage small business deve!ooment.

Council Funding to increase commercial catering

Downtown District 9 Mercado La Paloma Commercial kitchen capacity, develop new spaces for $400,000

Corridors restaurant and cafe options as well as a green racer.

CRA/LA is working with the Trust for Public Council

Public Land (TPL) and formulate an innovative plan

Downtown District 9 Avalon Green Alleys Improvement

to create pedestrian friendly and park~like $500,000 Corridors improvements to alleys in Southeast Los

Anoe!es.

Page 3 of 19

ATIACHMENT A

,~ - - ~ ~

' Region Project Area Project Name ,c - - - - ~ ~ ' -- -

Council Downtown District 9

Slauson Avenue Goods

Corridors Movement

Council Downtown District 9 Figueroa Apartments

Corridors

Council Downtown District 9 Calko Steel Expansion

Corridors

Council Dunbar Village (Dunbar

Downtown District 9 Corridors

Hotel and Somerville 1/11)

Council Alameda Corridor Downtown District 9 Expansion and

Corridors Rehabilitation


Washington Blvd.

Corridors Streetscape

Council Downtown District 9 Central Avenue Jazz Park

Corridors

Council Downtown District 9 Clean and Safe Program

Corridors

Council Downtown District 9 Paul R. Williams Center

Corridors

liST OF ACTIVITIES (INCLUDING PROGRAMS, PROJECTS)

'"" ~ "" ~,.,-~~~-~ - ~;;~

Project DescriPtion

Category ' - - - - - ,, ' ' ~'-~-~"'~- ~~ -

Design and construct street improvements along Slauson Avenue at key intersections from the 110 Freeway to Alameda Street in order to improve the flow of commerce to and from the surrounding industrial area as it heads to the Port of Los Angeles, LAX and

Public Downtown Los Angeles. The improvements Improvement will also improve mobility for bus, car and

pedestrian traffic. Improvements include improved signage for truck routes, additional turn lanes, streetscape and sidewalk improvements, new bus shelters, improve crosswalks at intersections, and increased . h"• Development of 34 affordable senior apartments by Meta Housing, located at 7621

Housing S. Figueroa Street. The project will include community rooms, a community garden, computer room, barbecue area, and on-site

t office.

Calko Steel is an existing steel fabrication company seeking to expand their business by developing a new 48,500 square foot manufacturing facility at 6900 Stanford Avenue, a vacant property adjacent to their current location in the Goodyear Industrial

Industrial Tract. CRA/LA is facilitating the remediation of contaminated property and sale from the existing owner to Calko Steel through a Purchase and Sale Agreement and Owner Participation Agreement. At least 51% of the 47 living wage jobs provided on site will be made available to low- and moderate-income residents in the surrounding area.

Rehabilitation of historic Dunbar Hotel and adjacent Somerville I and II properties to

Housing provide affordable housing for low-income seniors and families, and contribute to the revitalization of Central Ave.

Opportunities to invest in public infrastructure

Public and strategic partnerships with private

Improvement investment in order to assist in development new businesses and expanding existing businesses. Implementation of a community~driven master

Public streetscape plan for Washington Boulevard Improvement between Figueroa Street on the west and

Alameda Street on the east.

Public Redesign and expansion of existing Central

Improvement Avenue Jazz Park, located at 42nd and Central.

Public Clean up graffiti and sidewalk cleaning along

Improvement Central Avenue, Vermont and Washington, bulky item pick up throughout project area

Rehabilitation of the historic Angelus Funeral Home by the Community Enhancement

Public Corporation. The completed project will

Improvement include a child-care center and health clinic serving low-income families from the surrounding community. Total developments 'costs are $11.7 million.

Page 4 of 19

CRA/LA Investment

'

$500,000

$600,000

$1,210,000

$2,100,000

$2,500,000

$2,800,000

$2,900,000

$3,000,000

$3,000,000

ATTACHMENT A

' - - -' Region Project Area

0 ' ~ ' ---Council

Downtown District 9 Corridors


Corridors


Corridors


Corridors


Corridors


Corridors


Corridors


Corridors


Corridors


Corridors


Corridors


- - - " - " -;, ""'~

Project Project Name Category Description

- - ' ~- --- ' - - - ' - ~~ ~ -~ ' ~ ~- -~~~-~- '

Vermont Avenue 48~units of affordable housing targeting

Apartments Housing grandparents that are primary caregivers for

their arandchildren.

Located on Central Avenue between 35th Street and Martin Luther King Jr. Boulevard, will consist of 70 units of affordable rental

Florence Mills Housing Housing housing for families, with ground floor retail. The project will include subterranean parking, laundry, community room, open space, secured entry, and a play area.

Investment in infrastructure to enhance goods Goodyear Tract Public movement in and around the industrial tract Improvements Improvement and road improvements to address flooding

and other barriers to development.

On-going program to provide fagade Business Incentive

Commercial improvement grants and matching Program rehabilitation loans for commercial

businesses. Development of a 76,300 square foot retail

Slauson Central Retail Commercial

center, including a Northgate Gonzalez Center supermarket, CVS pharmacy, and a job

trainina facllitv.

Master streetscape improvement plan to

Public improve walkability, connect the community,

Central Avenue Streetscape Improvement

and incentivize redevelopment of vacant and underutilized properties along Central Ave. between Washington Blvd. and Slauson Ave.

MultiNphased project by Urban Housing

Communities to transform 291h Street between

29th Street Crossings Housing San Pedro and Griffith Avenue from industrial uses to affordable housing and support I services for area residents. Reconfiguration of 1.5 miles of Vermont Avenue between Gage Avenue and

Public Manchester Boulevard to create a 60-foot

Vermont Median Park Improvement wide linear park in the median. This project

will provide 14-acres of usable park space in one of the most park-poor areas in the City of Los !1•

Washington Blvd Housing MultiNphased mixed-use affordable housing,

Housing including 262 units and 19,00 square feet of (Phases 1-4) retail on Washington Boulevard between Los

Angeles Street and Maple Avenue. Support continued development of the Downtown LA Auto District through: public improvements; way-finding and appropriate

Downtown LA Auto District Commercial off-site signage; identification of opportunity sites; coordination, outreach and assistance to potential new dealerships; and identification I shared- narkino facilities. Implementation of master streetscape plan for

Central Avenue Streetscape Public Central Avenue between Washington and Utility Underground Improvement Boulevard on the north and Slauson Avenue

on the south.

Page 5 of 19

CRAJLA Investment

-- - ' ' '

$3,000,000

$3,300,000

$4,000,000

$5,000,000

$6,500,000

$8,000,000

$9,000,000

$9,000,000

$10,130,000

$12,000,000

$15,300,000

ATTACHMENT A

,, ' '

Region Project Area ,, ' ~~ ~ " ,,


Corridors


Corridors

Downtown Little T a kyo

Downtown Little Tokyo







Corridors

East Valley Laurel Canyon

liST OF ACTIVITIES (INCLUDING PROGRAMS, PROJECTS)

' ' ' ' ' ' '

'

Project Name Project

Description Gategory

' ,,

' ' ' ' ' "' ' '

Environmental remediation and development

Public of a public park, affordable housing and an Slauson Wall Project

Improvement institutional/community use on a 7 Nacre industrial property, acquired by CRA/LA in 2010.

Homeownership Development of 60 units of affordable

Opportunity Sites Program Housing ownership-housing on three CRAILA owned

sites.

First Street Historic District Public Various projects to support preseiVation and Improvement historic properties along First Street.

Collaboration with MTA on the site and design

Public of the Regional Connector Station serving

Regional Connector Improvement

Little Tokyo in a manner that maximizes pedestrian access, development opportunities and minimizes commute times.

Development of community based park, open

Central Avenue Art Park Public space, arts related spaces, potential public Improvement parking and linkage to Little Tokyo Gold Line

Station.

Design and installation of various public improvements and sustainable features along

Area wide Public Public a 3rd Street between Alameda and Los

Improvements Improvement Angeles. Improvements include crosswalks, lighting, landscaping, street furniture, fitness elements, gateway markers, and information and way~ finding signage.

Design and installation of various public improvements and sustainable features along

Third Street Public Public a 3ro Street between Alameda and Los

Improvements Improvement Angeles. Improvements include crosswalks, lighting, landscaping, street furniture, fitness elements, gateway markers, and information and way-finding signage.

Avalon Bay Housing Mixed-use development with retail and public oarkina.

Block 8 (Related Housing

Mixed-use development with retail and public Comnanies\ arkina.

Paradise Baptist/Urban Development of 64 units of affordable family

Housing housing and a potential charter school at Vision

5000 South Broadwav.

Laurel Canyon Amendment of the Laurel Canyon

Redevelopment and Merger Plans & Studies Redevelopment Plan to include expansion of project area boundaries and potential merger

with North Hollywood with the North Hollywood Project Area.

Page 6 of 19

'

CRA/LA Investment

$17,000,000

$18,000,000

$250,000

$300,000

$1,000,000

$1,500,000

$3,000,000

$5,500,000

$5,900,000

$500,000

$629,000

ATTACHMENT A

- ~ - ~

Region Project Area

' - ~ ~

Laurel East Valley

Canyon

East Valley Laurel Canyon

Laurel East Valley

Canyon

East Valley North Hollywood

North East Valley

Hollywood


North East Valley

Hollywood

North East Valley

Hollywood


Pacoima/ East Valley Panorama

City Pacoima/

East Valley Panorama Citv Pacoima/

East Valley Panorama Citv Pacoima/

East Valley Panorama City


~


Description Category

""' ~~ ~ ' - ~'' - _,_ " - ~ -

Valley Plaza Shopping Redevelopment of the 22~acre shopping

Commercial center located at the intersection of Laurel Center

Canvon and Victorv Boulevards.

Provides grants and forgivable loans to Laurel Canyon Business Business business owners and tenants to attract new Assistance Program (BAP) Assistance business into the Project Area and retain

existing businesses and jobs.

Rehabilitation of up to 20 storefronts Laurel Canyon Commercial

Business including signage and landscaping on the

Fagade and Signage Assistance

east side of Laurel Canyon Boulevard Program between Victory Boulevard and Burbank

Provide funding in an amount not to exceed Response to Development

Housing $95,000 to the North Hollywood YMCA for

Opportunity construction of roof and rehabilitation of other comoonents.

NoHo Arts Retention Prequalification of cultural and arts

Program Plans & Studies organizations to receive funding for physical

improvements and for expansion/retention.

Provides grants and forgivable loans to North Hollywood Business Business business owners and tenants to attract new Assistance Program (BAP) Assistance business into the Project Area and retain

existing businesses and jobs.

Commercial Fa~ade and Business

Rehabilitation of 16 storefronts on Magnolia Signage Program -

Assistance Boulevard between Lankershim Boulevard

Magnolia Boulevard and Vineland Avenue.

Development of a 1 OHunit affordable homeownership project located on a ha!fwacre

Elmer Family Housing Housing CRA/LA owned site at 5623-5633 Elmer Avenue- to be developed by Heritage Housing Partners (non-profit housing developer).

Development of a 126 unit senior residential

NoHo Senior Artists Colony Housing project including 27 very !owHincome units located at 11047 Magnolia Boulevard- to be developed by Meta Housing Corp.

Public streetscape along major corridor including

Pacoima Streetscape Improvement

sidewalks, street furniture and decorative crosswalks

East Valley Home Ownership: Provides soft second loans up to

Housing $75,000 for approximately 26 income qualified Ownership Program "HOP"

buvers

The Crossings at North Rental: 37-unit affordable multi-family housing Housing

Hills (UHC) on Sepulveda Boulevard near Tupper Street.

Community Jeopardy Building Rebabilitation of existing facility

Facility

Page 7 of 19

~ ~

CRA/LA Investment

" "' - "'

$1,600,000

$4,500,000

$4,500,000

$100,000

$500,000

$1,900,000

$2,200,000

$3,100,000

$6,600,000

$350,000

$428,000

$500,000

$600,000

ATTACHMENT A LIST OF ACTIVITIES

park facilities

package for TCC to Crow Company

Business two prospective users to the Sun

Business Outreach I Commerce Center Site located at the of Branford Street and San Fernando

BAP provides loans with debt forgiveness up to $249,000 for commercial property

East Valley East Valley Business and up to $75,000 for commercial

Program (BAP) for use to attract expand and retain commercial businesses located within an EVR Project Area.

Development I Participation in Business Development I Business Economic Assistance Forums in the San East Valley Assistance

Valley, representing the East Valley (NH, LC ,PC)

Business and implementation of EVR East Valley Retention Assistance package for AI.

East Valley Coruna Senior

Housing : 86~unit affordable senior housing on

$2,000,000 (META) Boulevard near Lanark Street.

: 56~unit affordable senior housing Terrace (META) bounded by Tobias Avenue, Tupper Street,

and Van Nuys Boulevard.

New public facility located at 13520 West Van Nuys Boulevard in Pacoima (home to Council

Pacoima/ District 7 offices, other City setvices and a

Panorama square foot commercial space). Assist

City City of LA General Setvices Department (GSD) develop business assistance

for one prospective ground floor tenant

Sylmar Court Housing housing development

Pierce Street Villas Housing

i 24~unit affordable single family (HABITAT) Carl Street and Borden Avenue.

Osborne housing development

Rental: 96-unit affordable senior housing on Sepulveda Boulevard near Tupper Street

Incentive (liP)

arts First Street Arts District

Industrial Plan

Page 8 of 19

ATTACHMENT A

,' '

Region Project Area

' ' ' '

Adelante Eastside

Eastside

Eastside Adelante Eastside

Adelante Eastside

Eastside

Adelante Eastside

Eastside


Adelante Eastside

Eastside

Adelante Eastside

Eastside



Eastside Ade!ante Eastside

Eastside Monterey Hills

Eastside Monterey Hills

East Hollywood & Hollywood I Central Beverly

Normandie Hollywood& Hollywood Central

Hollywood& Hollywood

Central


Central


Central


Central

Hollywood & Hollywood

Central


' ' ' ~ "-"~~


Description Category '

' ' ' ~ -- ~§ ~--~ ' ' ~· '

1st and Mission Design for Public 1 O~acre development opportunity site located across the street from the First and Utah

Development Improvement Metro Gold Line station Implementation plan for infrastructure

Biomed Focus Area Public necessary to redevelopment Biomed Focus Improvement area, including transportation, public and

rivate utilities. Clean~up of one-acre CRA/LA-owned parcel

ACTA Site Soils Industrial in preparation of property for industrial

Public Development of new mixed~use artist housing

First and Boyle Improvement

across the street from Metro Gold Line Mariachi Station.

Whittier Apartments Industrial 60~units of affordable housing.

Rehabilitation of historic hotel as 51~units of Historic Boyle Hotel Housing affordable housing and ground floor

commercial use.

Improvements to property along First Street

Commercial Incentive and Cesar Chavez Avenue commercial

Program Housing corridor in support of First Streets Arts District

Plan and Cesar Chaves Avenue Streetscape and Pedestrian Enhancements initiative.

Linda Vista Industrial 200 units affordable housing

Cesar Chavez Streetscape Public improvements and utility

and Utilities Industrial undergrounding along Cesar Chavez from

Undergroundlng Warren Street to Evergreen Avenue (1.5 miles)

Sears Tower Housing Rehabilitation of historic department store

Disposition of Surplus Industrial Disposition of CRAILA owned parcels prior to

Prooertv 'oroiect area close out in 2015. Area~wide Landscaping improvements and Industrial

Ongoing maintenance of CRAILA owned

Maintenance of CRAJLA property.

Implement public improvements consisting of Vermont Avenue Public

sidewalk repairs, bike racks, and design Streets cape Improvement

features, crosswalks and street trees.

Selma Hotel Commercial Development of a 136~unit boutique hotel

Public Provide financial assistance to industrial

Green Retrofit Program companies that are relocating, expanding, or Improvement

"greening" their operations or facilities.

Hollywood Boulevard Retail Business

Implementation of a strategy to attract Attraction and Retention additional resources to and physically improve Strategy

Assistance the project area's core commercial corridor

On-going program to provide fayade Business Incentive Public improvement grants and matching Programs Improvement rehabilitation loans for commercial

businesses.

HCIP~Commercial Historic Improvement

Provide financial assistance to business for Storefront Grant facades improvement .

Implement design improvements and Metro Bike Improvement construction of for a bicycle facility to be

ooerated bv Bicvcle Kitchen.

Page 9 of 19

~ '

CRA/LA Investment

$170,000

$450,000

$1,000,000

$2,000,000

$2,000,000

$3,000,000

$5,000,000

$8,000,000

$10,000,000

$20,000,000

$160,000

$4,000,000

$867,000

$500,000

$50,000

$125,000

$250,000

$457,500

$465,000

ATTACHMENT A

' '~ ' ' '

Region Project Area Project Name

' ~ ~~ ~-"'-§" ~"'--~~ ,,, '' ' ' ~ ' '

Hollywood & Hollywood Santa Monica/Western

Central

Hollywood & Hollywood Walk of Fame

Central

Hollywood & Hollywood Pedestrian Crossroads

Central

Hollywood & Hollywood Open Space/Sustainable

Central lmorovements

Hollywood & Business Hollywood

Central Retention/Attraction

Hollywood & Hollywood Orchard Gables

Central

Hollywood & Hollywood/Western Hollywood

Central Streetscape

Hollywood & Wilcox Shrader DOT Lot -Hollywood

Central Mixed-Use Development

Hollywood & Hollywood Vine Street Tower

Central

Hollywood & Hollywood 5555 Hollywood Housing

Central Hollywood &

Hollywood Villas at Gower Central

Hollywood & Hollywood Housing Projects Pending

Central

Hollywood &

Hollywood & East Hollywood/B Coronel Housing Project

Central everly Normandie

Hollywood & Mid-Cily Ebony Reparatory Central Corridors Theatre Hollywood & Mid-Cily

NHPAC (Art Program) Central Corridors

Hollywood & Mid-Cily Tuelyn Terrace

Central Corridors

Hollywood & Mid-Cily Nate Holden Theatre

Central Corridors

liST OF ACTIVITIES

INCLUDING PROGRAMS PROJECTS ' ' ' ' '

~- ~ ~~~ "

Project Description

Category ' ' ,, " ' ' ~ ~ ~ ~~~ ~- -~-- -- ~ ~ ' ' '

Public Implement public improvements consisting of sidewalk repairs, bike racks, and design

Improvement features, crosswalks and street trees.

Public Provide improvements on the Walk of Fame Improvement

Public Implement public improvements consisting of Improvement sidewalk repairs, tree wells, tree planting.

Public Public improvements on Hudson Plaza, De Improvement Longpre/La Brea.

Provide financial assistance to business to Improvement are relocating, expanding, or "greening" their

operations.

Community Rehabilitation of historic resource and conversion to space for operation of cultural

Facility program and a small business office space

Public Implement public improvements consisting of sidewalk repairs, bike racks, and design

Improvement features, crosswalks and street trees.

Mixed-use development to provide 300 public Mixed Use parking spaces and 60-units of affordable

housina Development of a 128,000 square feet office

Commercial building to serve entertainment-related comoanies

Housing 120 unit affordable housing development for seniors

Housing 70~units of special needs housing

Pipeline of housing projects currently being underwritten; Gordon, Selma-

Housing Cherokee/LAUSD and Western-Carlton are family projects and the Step-Up projects are special needs

54-unit affordable housing development for Housing

families

Community capital improvements

Facility Community

capital improvements Facility

Rehabilitation of a 91-unit affordable housing

Housing project with existing covenants. Phase I -provide $225,000 loan for meet fire, life, safetv auidetines. Preoare

The Nate Holden Performing Arts Center (NHPAC) is a multi-use complex comprised of a theatre, a rehearsal hall/studio, an open air lobby complete with a box office and

Community concession area, and two undeveloped retail areas designed by John Fisher, built by

Facility CRAILA, owned by GSD, operated by the City's cultural Affairs Department, which in turn leases the space via a competitive bid process. Assisting the current operator, become self sufficient.

Page 10 of 19

~ ' ' ~ ''

CRAILA Investment

' '' ' ' ' ' '

$500,000

$500,000

$1,116,300

$1,500,000

$1,750,000

$1,910,900

$2,000,000

$4,000,000

$4,625,000

$4,680,000

$6,750,000

$8,800,000

$5,027,000

$50,000

$400,000

$622,000

$750,000

ATTACHMENT A

~ ~

Region Project Area

' ~ ~ ~ '

Hollywood & Mid,Cily Central Corridors

Hollywood & Mid-Cily Central Corridors




Hollywood & Pico Union 1 Central and 2

Hollywood & Pico Union 1 Central and 2

Hollywood & Pice Union 1 Central and 2

Hollywood& Pico Union 1 Central and 2


Hollywood& Pice Union 1 Central and 2


Hollywood& Westlake

Central

Hollywood& Westlake

Central

LIST OF ACTIVITIES

INClUDING PROGRAMS PROJECTS ~ ~ ~ ~ ' ~



~ ' ~ ~ ~ ' ' ~

Jefferson and 51h Avenue Housing

New construction of a 40-unit family affordable housing development.

Matching Funds for Prop Public public improvements to facilitate affordable 1C and MTA Call Improvement housinQ development

A streetscape program that includes: trees, better tree wells, permeable pavers, infill open

Prop 1 C & Vision Plan Public space, neighborhood gateways, etc. The program recommends a framework of varying

Implementation Improvement street tree types, street lighting and gateways that complement the proposed land use districts.

OPA withe Charles Company to create a new

District Square Commercial two-story, approximately 300,000 sq ft retail shopping center. CRAJLA Assistance $6.5 million site specific tax increment (SST!).

The Midtown Crossings project is a 383,667 square foot retail center. CIM Group owns

Midtown Crossing Commercial the 11.9 acre site. Phase I has been completed and Phase II is under construction. Through !he OPA, CRAILA has committed l$16.3 million to !he oroiecl.

Business Incentive Business On-going program to provide favade

Programs Assistance improvement grants for commercial businesses on Pica Boulevard.

Cesar Chavez Community Open Space I Design and development of community based open space, including decorative gate and

Garden Parks walkway.

Rehabilitation of two historic homes for the Casas Alicia Move~on

Mixed Use operation of an educational and construction

Project trade apprenticeship program on CRAILA owned land at 1115-1129 S. Alvarado Street

Nuevo Pico Union Scattered Housing

Rehabilitation of four, four unit buildings Sites restricted to 60% AML

On-going program to provide favade Residential Incentive

Housing improvement grants for residential property

Programs owners to support the preservation and historic orooerties in Pico Union.

11th & Burlington Demolition of existing blighted buildings and

Apartments Housing new construction of 25-units of affordable

housing.

Pico Boulevard Streetscape Public Design and installation of various public

Improvements Improvement improvements including monument signs and gateway markers.

Determine the feasibility of a merchant or

MacArthur Park BID Business property owner based bid, and coordinate the Assistance formal adoption process necessary to

establish the MacArthur Park BID.

7th Street Streetscape Public Various public improvements along the 7th corridor, including trash receptacles, street

Improvements Improvement tree replacement, and sidewalk repairs.

Page 11 of 19

~ ~,

CRA/LA Investment ~

$1,500,000

$1,500,000

$1,500,000

$6,500,000

$14,322,000

$60,000

$90,000

$100,000

$530,000

$550,000

$750,000

$2,000,000

$60,000

$75,000

ATIACHMENTA

" " "

Region Project Area rc: A "

'~*~ "

& I

Central

& Central

I

& Central

I

& Central

I

I & I

Central

I & I i

Central :center I

lce1n;;;·l I &

Central

I & I i

Central !Center I

I & I i

Central I center I

I & I i

Central I center I

I & I i

I center I Central

I & I i !Center I Central

I & I I

Central I center I

I & I i

Central I center I

LIST Of ACTIVITIES

INCLUDING PROGRAMS PROJECTS " " ~ ~~ ~ ~~~ ;;:::__' ""


Description "

Category " " '" " " ' "

!Assist with the construction of the Archbishop lascar Romero Plaza at the southeast corner

Oscar Romero ~~~-~~ Space I I of I Park. The Project consists of

I Plaza ,P~rks • ~:=' , bronze statue in honor of Romero; a spire with ascending

I doves; '. stone benches; and other

Incentive 'RH<inA« I v• ,-"vi,'" program to provide fagade improvement grants for commercial

nOO<O<O,VO businesses on Alvarado Street.

I of 89 units u"•uuo'""' 1_5,540

Park Metro I Mixed Use

I sq.- retail space with 91 spaces of

jMixed Use Development lrequi_re~residential parking, plus 100

parking spaces and 42 retail loarkino spaces. INew• 1 of 68 ' family

, plus community room, multiN 17th & Coronado Apartments "" lp~rpos~ room, child-<lay room, laundry rooms,

I art room,_ case mgt offices, landscaped I onrl

i 1 and i 1 of the historic llooa<ao ., a mixed-use

venue. State of the art lighting land sound systems and a modular and

Theatre Mixed iMixed Use

!flexible stage system would be installed to

!Use Development multiple event configurations.

IT~_e will also include Culture Clash ~~ffice~, meeting rooms and small classrooms I tor i programs. Development of a 52 I unit affordable housing project on an adjacent

•'" ., Program

I Public improving alley for pedestrian safety and use ...

lA consultant team will conduct audits of iexisti~g buildings to create a database of a

:carbon Master Plan/Green io, i !sample set of existing buildings' energy Retrofit Program nOO<O<O,VO lus~.ge, ways to reduce their energy usage, as

jwell as a financing mechanism to incentivize building owners to rehabilitate their properties.

EcoVillage "" housing development

Camera System I Public cooperation agreement with LAPD

Serverance Manor ... housing development

:sth Street and Western I Public '"""'"r of , J from CRAILA to BSS for

I the widening of 51h Street and Western Street Widening I Avenue to .

61h Street Public I Public streetscape along major corridor including

"" I trees and art work

a'" Street Public I Public streetscape along major corridor including I trees and art work

"" at 5th • Street I Public

i,','>l at the , '"'., .aao• corner of vtt::>LI:III property frontage of

1450 S. Western Avenue

Page 12 of 19

" "" "

CRA/LA Investment

" '

$100,000

<<;nn nnn

$1 .•nn nnn

''.onn nnn

<1n,nnn nnn

""O,onn

<102,onn

"nn nnn

""n nnn

$710,001

<R<;n nnn

<R<;n nnn

<o<n nn•

<o<n nnn

ATIACHMENTA

Region Project Area

~- ~~ --- ~

Hollywood& Wilshire Center I Central Korea town

Hollywood& Wilshire Center I

Central Koreatown

Hollywood & Wilshire

Central Center I Koreatown

Hollywood & Wilshire Center I

Central Koreatown

Wilshire Hollywood &

Center I Central

Koreatown


Central Koreatown


Central Koreatown


Center I Central

Koreatown


Center I Central

Koreatown


Central Koreatown


Central Koreatown


Central Koreatown


Central Koreatown


Central Koreatown

~

Project Name

' ~ '

Western Avenue Public Improvements

Wilton Place Park

Juanita Villas

Vermont Avenue Public Improvements

Koreatown Senior and Community Center I Madang Pi-oject

KRC/Kingsley Senior Apartments

Wilshire Gateway

6th Street and Vermont Avenue Acquisition

LIST OF ACTIVITIES (INCLUDING PROGRAMS, PROJECTS

~ ~ ' ~ ~ ~

Project '

Category Description

~ '~ -h ~- - ~ ~ ~~--= ~ ~ -~ "

Public streetscape along major corridor including Improvement trees and art work

Open Space I CRAJLA acquired the 3,648 sq ft vacant lot for $640,000 on January 25, 2008. The

Parks construction drawings have been completed.

Juanita Villas, a permanent supportive housing project to be developed by People Assisting the Homeless (PATH) and the Related Companies, is located at 335w339

Housing Juanita Avenue, Los Angeles, CA 90004. Once the project is constructed, it will include 49 single room occupancy (SRO) units for homeless, disabled, and low income

Public streetscape along major corridor including Improvement trees and art work

The project is being developed by the Koreatown Senior and Community Center, Inc. and the Korean American Federation of

Community Los Angeles. The CRAILA staff anticipates Facility seeking authorization from the Board of

Commissioners soon to enter into a $1.3 million community service grant for this senior citizen center in heart of Koreatown.

Housing affordable housing development

affordable housing component of mixed Housing

income development

Acquisition of municipal lot 692 (sw corner of Public 61

h Street and Vermont) from LA GSD for the Improvement purpose of a Korean American Museum or

Cultural Center

LADOT Municipal Parking Acquisition of real property from the Dept. of

Community General Services for the development of a Lot 692 (6th Avenue and

Facility new Korean American Museum, located at Vermont)

601 South Vermont Avenue.

Olympic Boulevard & Housing affordable housing development

Catalina Street

A 52~unit affordable housing development

New Hampshire Family that will be located at 1037~1053 S. New

Housing Hampshire Avenue. The 23,640 SF lot will Apartments

also include approximately 3,000 SF of social service snace.

979 Serrano Avenue Housing affordable housing development

A significant streetscape project which includes: pedestrian Improvements at intersections, pothole/sidewalk/curb/gutter

Olympic Boulevard Public repairs, and pedestrian lighting, trash/recycling bins both ends of every block,

Streetscape Improvement trees, and other elements to eliminate blight in the public infrastructure. The thoughtful design emphasizes elements prevalent within the Korean culture.

79 unit family affordalbe housing development 1011 Serrano Avenue Housing

proposed by Affrimed using bounus densitiy.

Page 13 of 19

~ ~

CRA/LA Investment ~ '~ ' ' ' ~'

$1,000,000

$1,175,000

$1,500,000

$2,000,000

$3,000,000

$3,000,000

$3,000,000

$3,170,000

$3,174,000

$3,250,000

$3,575,000

$4,000,000

$4,000,000

$5,000,000

ATIACHMENTA

~

Region Project Area

- ~ - -I I &

Center I I central

Hollywood & Center I Central

Hollywood & Center I

Central "'

Hollywood & Center.

Central

Hollywood & Center I

Central

Hollywood & I

Central

Hollywood & Central

Center I

~~~~ra~od & Center.

I & Center I

lcen'tral

Hollywood & lcen'tral

Center I

Hollywood & !central

I

Hollywood& !Central

Center.

Hollywood& I central

Center I

Hollywood& I central

Center I

lc~~;;~1 & Center I

I Los Angeles Harbor Street

Los Angeles Harbor Slreet

LIST OF ACTIVITIES (INCLUDING PROGRAMS, PROJECTS

~ ~ ~ ,- "--~"<~- ""



~ ' ~ ~ - ' ~ ~ ' - - -~- ~ ~~ ~ ~-~~ "~~ -~"-~ -~"-' ~~-~

6th Street and Normandie Mental Health Housing

.. , housing development

LDK Senior Apartments site, 67-unit senior affordable .•

hnm~ing project. Board approved.

'Board and Council ~"" J a $5.25

Terrace million loan for relocation of the existing .• tenants and the new construction of 66-units of • housino.

New ~-story approx 30K SF community

"'" YMCA facility w/adjacent 3-story parking

Facilily center on roof of parking I to LEED Silver standards.

7th and Hobart Park ()pen Space I i design, construction and Parks i of public park

Prop 84 Parks ()pen Space I 7th and Hobart- acquisition, design and Parks neighborhoood park

r, nit) r, ""' of a community facility in order American Museaum

Facility to reflect the cultural diversity of community

Gou,nuOit) land_ acquisition and building of parking Boys & Girls Club

Facility I

American ,-,, nit) land acquisition and building of parking Center Facility i

, ovvv..-. and Wilshire Park ~p~n Space I of a public park to serve the Parks i, '::1 community

I Normandie Retail ,;,.1 •nlonlhe:

I corner ~frelail and Normandie; office and

-·· Vermont Mixed "'' Use

~50 rental units and 40,000 sq.ft. of ground floor il We should also add $7 million to lhe 7th and Hobart oark site oer CD10.

of of strategic commercial site for

1 and development of a mixed use for mixed Mixed Use

~roject. $5,000,000 of Prop 84 funds use development for; i<>jti..- of park area on site.

"'' Retail Mixed Use project with retail component and housing

-.

8th Street Public Improvements- $4,000,000; 6th Street Public Improvements- $4,000,000;

Avenue Public Improvements M

Projects Public

<1 n non non· Vermont Avenue Public - $12,000,000; Alley

Program- $150,000; Parkway Program- $150,000; Industrial

Core i Program - $600,000, Alley .vn ,.,v, Program $150,000 Parkway

Program, $150,000, Industrial Core i i

Public off-site parking locations and trolley Trolley Service

"""" service- around Port and DT San Pedro

u, provide ~ubsidy to 80120 deal or otherpro,!ect

Rental Project "" outside will orovide I familv housino

Page 14 of 19

CRA/LA Investment -~~ "- --- ~ ~-

« nnnnn,

<<> nnn nnn

<<> ?<>n,nnn

<e nnn,nnn

$7,000,000

$7,000,000

$7,500,000

$9,000,000

$10,000,000

$12,000,000

$15,000,000

$17,500,000

$20,000,000

<on nnn,nnn

$31 Ann,nnn

<1 nnn nnn

<fi non non

ATIACHMENTA

0 0 ~ ~

Region Project Area

" " " " " ""-Los Angeles Beacon Harbor Street

Los Angeles LA Harbor

Harbor

LA Harbor & Los Angeles

Wilmington Harbor Industrial

Los Angeles LA Harbor &

Harbor Wilmington Industrial



Los Angeles LA Harbor & Wilmington

Harbor Industrial


Harbor Industrial




Harbor Industrial

Los Angeles LA Harbor& Wilmington

Harbor Industrial


Harbor Industrial


Harbor Industrial


Harbor Industrial


Harbor Industrial

Los Angeles Pacific Harbor Corridors



LIST OF ACTIVITIES INCLUDING PROGRAMS PROJECTS

0 ~ ~ 0 0 ~ ~ 0 ~ ~ ~


Description Categocy

~~"~~~-~~~ 0" " " " ~~ ~ ~

Parking Garage Improvement

Acquisition construction of parking garage ubhc

Two~phased project consisting of E Street LA 3200 Alameda Harcy Public Gateway, Eubank Gateway, and landscaped Bridges Landscape Buffer Improvement bugger along Alameda from Anaheim to Harry

Bridges.

Design and update website promoting Web site updating & grant

Industrial Wilmington Industrial Area & develop grant

writing applications for funding of public improvements and other competitive projects

Block 27 Industrial Remediation of contaminated property and

Development Industrial major expansion of existing cold storage

business.

Public Design and construct traffic safety devices for

E Street and MacFarland Improvement

train tracks along this street and vacate the street for vehicular use Acquire land outside project area to develop

Affordable Rental project Housing more affordable family housing in the Wilminoton Area

Land Lecourveur for sale Housing For sale affordable housing

project

Implement a soft second program for the Soft Second Program Housing

Wilmington Area

Alameda Storm Drain Design improvements to prevent flooding

Plans & Studies along Alameda (includes adding storm drains Improvements

and street reconstruction)

Assist in acquisition of land and development Block 22,23,24 (3-acre site) Industrial

for up to 75,000 square feet of new industrial

New construction of industrial development in Block 25 Industrial

the Wilmington Area (at least 3 acres)

Eubank/Alameda New construction of industrial development in

Opportunity Site (Block 38, Industrial 45, and 54)

the Wilmington Area (at least 5 acres)

Improve all Unimproved Public Design, obtain permits and construct street improvements along Banning, Lecourveur,

Streets in Wilmington Improvement Lakme, Pioneer, Quay, F Street and C Street

Quay/Banning Opportunity New construction of industrial development in Industrial

Sites (Block 15,30 and 31) the Wilmington Area (at least 8 acres)

222 W. 61h Street Industrial

Commerical incentive loans for retenanting buildina

Grand Vision Theater Commercial Develop theater as prominent venue for events, etc.

3rd and Pacific Affordable Housing

Development of affordable family housing with

Housing ground floor community space.

Page 15 of 19

~

GRA/LA Investment

"~

$30,000,000

$2,400,000

$200,000

$300,000

$700,000

$1,400,000

$1,500,000

$2,000,000

$2,500,000

$5,000,000

$5,000,000

$5,000,000

$7,000,000

$10,000,000

$2,000,000

$2,000,000

$2,500,000

ATIACHMENTA

Region Project Area

' " ' ' '






South Los Broadway Angeles Manchester




South Los Crenshaw Anaeles

South Los Crenshaw

Angeles

South Los Crenshaw Anaeles

South Los Crenshaw Angeles

South Los Angeles

Crenshaw

South Los Crenshaw AnQeles

South Los Crenshaw

Angeles

South Los Crenshaw Angeles Slauson

LIST OF ACTIVITIES INCLUDING PROGRAMS, PROJECTS)

' ' ' ' '



~ ~v~ ' ' ' ' ,, ' ' ' ' ' ' ' ,_

Improvements to Oliver Street pedestrian

Public overpass across Gaffey Street at the 110 Gaffey Street Bridge

Improvement Freeway, and development of adjacent open space to enhance primary gateway to Downtown San Pedro.

Home Rehabilitation Housing

Assist with rehabilitation of historic homes in Proaram Vineaar Hill Area

Retail Attraction Program Commercial Various programs and project to attract new retail to vacant space along Pacific Avenue.

Develop neighborhood shopping center Neighborhood Shopping

Commercial across from the cruise terminal on Caltrans

Center and privately owned property (at least 8 acre~)

Opportunity Sites Commercial lndentify and acquire at least 2 blocks within DT San Pedro for mixed use development

Mixed-use development consisting of 2,800 Milan Affordable housing Housing sq. ft. of commercial, with 16 affordable

townhouse units. Sheenway Heritage Charter Community 30,400 sq. ft. Charter High School with 61 Hiah School Facility surface parking spaces.

Proposed mixed-use development to consist of supermarket. senior affordable rental units,

94th & Broadway Mixed Use and detached for-sale town homes. AM CAL is the master developer Current DDA with AMCAL consists of antiquated project description of only for-sale housing.

Industrial Corridor Provide assistance to industrial companies

Industrial that are seeking to maintain, expand or Business Improvements relocate to the area

Baldwin Hills Crenshaw Commercial Multi-phase redevelopment of regional mall Mall

Crenshaw Corridor Prop 1 C Public Funds awarded by state for Public Public Improvements Improvement improvements

Vision theater Community Phased renovation! reconstruction of historic Facilitv faci!itv.

Develop streetscape, public art and transit

Crenshaw Transit Corridor Public plan for Crenshaw Blvd, working with other Improvement departments such as Metro, City Planning, LA

DOT, etc.

Business Improvement Business Expand Business Improvement District north

District Assistance into Mid City Project Area and South into Crenshaw Slauson

Buckingham Housing Senior Affordable housing Development

Marlton Square Mixed Use 22-acre site slated for mixed-use development

Business Improvement Business Expand Business Improvement District north

District Assistance into Mid City Project Area and South into Crenshaw Slauson

Page 16 of 19

' ' '

CRAILA Investment

- -~ - ~ _,

$3,500,000

$5,000,000

$5,000,000

$10,000,000

$17,000,000

$1,000,000

$1,000,000

$291,800

$840,500

$1,000,000

$14,000,000

$1,000,000

$30,000

$45,000

$276,900

$1,977,000

$500,000

ATIACHMENTA

~ ~ ~ ~

'

Region Project Area

- ~"- ~ ~ fu '~"" ~<~ ~~ '


South Los Crenshaw AnQeles Slauson South Los Crenshaw Anoeles Slauson South Los Crenshaw Anoeles Slauson


South Los Exposition I

Angeles University Park



Exposition I South Los

University Angeles

Park






University Angeles

Park




University Angeles

Park



South Los Angeles

Normandie 5

South Los Angeles

Normandie 5

LIST OF ACTIVITIES (INCLUDING PROGRAMS PROJECTS

" ' ~, ~ ' '

Project Project Name

Category Description '~ '" " ~ ~~ ~"~-»:;; ' ' ~ " "' ~ ' ' "~'

Develop streetscape, public art and transit

Crenshaw Transit Corridor Public plan for Crenshaw Blvd, working with other Improvement departments such as Metro, City Planning, LA

DOT, etc.

Healthy Food Initiative Business Grants to food providers to expand or Assistance renovate property

Renew Program Business

Market conversion Assistance

Hyde Park Library Site Housing Former library site, slated for residential development.

On~going program to provide fa~:ade Business Incentive Business improvement grants for commercial Program Assistance businesses along Slauson and Crenshaw

Blvd.

511 West 31st Street Mixed Mixed use development consisting of 30 units

Use Mixed Use with 865 sq. ft. of commercial space and 63

parking spaces.

A 32 one~bedroom Project for senior citizens Stovall Villa Housing

including a

The mixedMuse project consists of 83,000

University Gateway Mixed Use square feet of commercial use on the first floor, 421 dwelling units and 770 onMsite I oarkina soaces at

Development of a master plan to build out the USC Master Plan Plans & Studies

USC campus

Vermont Seniors Project is a new 140 unit senior housing Apartments

Housing development

Casa de Rosas is a transitional shelter, consisting of 18 shelter beds and 32 SRO

Casa de Rosas Community units for very low income individuals. The Facility building was recently acquired by CRA/LA

through a foreclosure permanent owneflonerator.

Improve pedestrian access to the new Expo 2009 MTA Call for Projects

Public Light Rail station on Vermont Avenue by

and Figueroa Corridor Prop. Improvement

installing sidewalks, landscaping and lighting 1C Grant along Bill Robertson Lane (formerly Menlo

Avenue) and Martin Luther King, Jr. Blvd.

CRA purchased 34,000 sf parcel from City for Exposition Park Surplus

Mixed Use the purpose to redevelop property into a

Library Site mixed-use or commercial project. Property is located across the street from USC.

Business Incentive Business On-going program to provide fa~ade

Program Assistance improvement grants for commercial businesses.

Community Disposition and development of site into adult

Engine House 18 Facility

art center for developmentally challenged individuals Construction of pedestrian and transit

Public amenities, including the installation and/or

West Adams Streetscape Improvement

enhancement of landscaping, gateway signage, crosswalks and bus stops, as well as other necessary work.

Page 17 of 19

' '

' CRA/LA Investment

' ' -

$100,300

$250,000

$250,000

$332,900

$1,000,000

$500,000

$250,000

$500,000

$150,000

$1,000,000

$795,900

$1,000,000

$1,000,000

$1,600,000

$500,000

$150,000

ATIACHMENTA

"" "" " ' " "

Region Project Area

' " ~,_.- ~ ' ~~-=~

South Los Normandie 5

Angeles

South Los Normandie 5

Angeles

South Los Angeles Normandie 5

South Los Angeles

Normandie 5

South Los Region Wide

Angeles


Angeles


Angeles

South Los Vermont Anaeles Manchester

South Los Vermont Angeles Manchester

South Los Vermont Angeles Manchester

South Los Angeles

Watts

South Los Watts

Angeles

South Los Watts

Angeles

South Los Watts

Angeles

LIST OF ACTIVITIES

(INCLUDING PROGRAMS, PROJECTS) " ' " '~ " ' "' """:: ~ ~ ~~"'


Description Category ' ' '

_,, ,, ' "' ' ' ' ' ,,

" ~~~ ~ ' ,, ,,, .~ ' '

Services provided by the Los Angles

Clean and Green Program Public Conservation Corp include: sidewalk and Improvement street cleaning; litter removal; removal of

trash from receptacles; graffiti removal; etc.

Jefferson Park Terrace Commercial Development of approximately 50 units of affordable housing project on Fatburger Site

Business Incentive Business Onwgoing program to provide fa~de

Program Assistance improvement grants for commercial businesses.

Areawide Improvements Public Sidewalk, curb and gutter repair and tree

Phase 1 Improvement pruning/removal in eastern portion of Project Area.

Potential amendments and merger to 7 existing project areas in South LA: Crenshaw,

Plan Updates and Merger of Plans & Studies

Crenshaw/Siauson, Broadway/Manchester, 7 existing project areas Vermont/Manchester, Western/Siauson,

Normandie 5 and Exposition/University Park Project Areas.

30 Simulation of Project Plans & Studies

UCLA urban simulation of Expo, Crenshaw Areas and Crenshaw Slauson

Exterior Residential $15,000 conditional grants to eligible

Rehabilitation Pilot Housing homeowners in participating project areas

Program (ERRP) (CR,CS,N5, WS, Expo, MC, and VM) for eligible exterior renovations.

Renew Program Business

assistance for small business owners Assistance

Vermont Manchester Development of a community shopping center

Shopping Center Commercial w/grocery store and other ancillary retail

stores. CRA!LA is seeking to develop the site into a

Johanna G. Sutton Library Commercial commercial/medical office use. Kaiser

Site Permanente is building a $10 million, two~ storv medical office build inn nearbv.

Disposition of Surplus Property sale or conveyance of CRA!LA

Property Plans & Studies owned parcels (project area to close out in

2012)

Extension of affordable housing covenants at Extension of Affordable

Housing several housing complexes previously

Housing Covenants developed in partnership with CRA!LA Extensions to be realized throuah one~time

Wattstar Theatre Commercia! 35,000 sq. ft theatre & education center

MLK Jr. Shopping Center Commercial Renovation of 100,000 sq. ft. shopping center

Page 18 of 19

' ' ' '

CRAJLA Investment

' ' ' "

$200,000

$678,500

$1,300,000

$1,760,000

$600,000

$700,000

$1,900,000

$200,000

$240,000

$738,400

$53,400

$525,700

$598,000

$1,541,000

ATTACHMENT A

7 -'

Region Project Area Project Name

" - " ~ " -"~ M ~ w - " - " ,,

South Los Watts Development (of)

Angeles Corridors Opportunity Site at 1081h1

Wilmington

South Los Watts Response to Housing Angeles Corridors Opportunities

LIST OF ACTIVITIES (INClUDING PROGRAMS, PROJECTS)

~ ," ~

" - " - " " "

Project Category

Description

' ' ~ ' M~ ~~ ~ ,0 =~~-~"~~-~

Open Space I Parks

Redevelopment of half~acre vacant lot

Housing Response to developer and property owner inquiries for affordable housing development

South Los Watts Central Avenue Streetscape Public Implement first phase in a series of streetscape improvements between 1031

d St. Angeles Corridors Improvements Improvement & Central Avenue.

Amendment to expand existing boundaries of existing project area, extend the time period

South Los Watts Watts Corridors Plan Plans & Studies

for eminent domain in the existing project Angeles Corridors Amendment area, and establish eminent domain on non~

residential properties in the expanded boundaries.

South Los Western Business Improvement Business Transfer funds to City Clerk to create BID in Anoeles Slauson District Assistance Industrial Business Park South Los Western

ERRP Phase2 Housing affordable housing projects Anaeles Slauson

Construction of pedestrian pathways; park;

Reseda I Public pedestrian bridge; decorative gates and West Valley

Canoga Park Reseda River Loop

Improvement bikeways along the Los Angeles River confluence with Aliso Creek. Developer -Trust for Public Lands

Adaptive reuse of 50-year old abandoned

Reseda I theater and adjacent vacant lot, both are

West Valley Canoga Park

Reseda Theater Mixed Use owned by CRAILA.

Reconstruction of alley ways in the Reseda

West Valley Reseda I West Valley Alley Public Business District to improve traffic circulation, Canoga Park Reconstruction - Reseda Improvement access to businesses and neighborhood

aesthetics.

Beautification and reconstruction of medians

West Valley Reseda I

Reseda Streetscapes Public and installation of new streetscape

Canoga Park Improvement improvements in the Reseda Central Business District.


Reseda Park Pool Open Space/ Re~construction of 80 year old Reseda Park

Canoga Park Parks Pool.

Reseda I 18425 Kittridge Street 77 unit multi-family affordable housing project;

West Valley Canoga Park Affordable Housing

Housing located across from LA River; Developer -Abode Communities.


Sherman Village Housing 73 unit multi-family affordable housing project;

Canoga Park LEED Silver; Developer- Meta Housing.

~:~~d: ~ark The Crossings on Amigo Rehabilitation of 42 unit multi~famity

West Valley Housing affordable housing apartment; Developer -

• .. g Ub H c

TOTAL:

Page19 of 19

CRA!LA Investment

" ' ~-) - " ' '

$500,000

$525,000

$889,000

$895,000

$60,000

$800,000

$275,000

$1,000,000

$1,000,000

$2,000,000

$2,280,000

$4,000,000

$4,400,000

$5,900,000

$1,074,255,900

iiDRAFT

COOPERATION AGREEMENT FOR PAYMENT OF COSTS ASSOCIATED WITH CERTAIN RDA FUNDED CAPITAL

IMPROVEMENTS, PUBLIC IMPROVEMENTS AND AFFORDABLE HOUSING PROJECTS

THIS COOPERATION AGREEMENT (the "Agreement") is entered into this day of January, 2011, by and between the CITY OF LOS ANGELES (the "City") and the REDEVELOPMENT AGENCY OF THE CITY OF LOS ANGELES (the "Agency"), with reference to the following facts:

A. The Agency has prepared Redevelopment Plans for the thirty one Redevelopment Project Areas (the "Project Areas"), which results in the allocation of taxes from the Project Areas to the Agency for purposes of redevelopment.

B. The intent of the Redevelopment Plans is, in part, to provide for the construction and installation of necessary public infrastructure and facilities and to facilitate the repair, restoration and/or replacement of existing public facilities and to perform specific actions necessary to promote the redevelopment and the economic revitalization of the Project Areas; and to increase, improve and preserve the community's supply oflow and moderate income housing,; and to take all other necessary actions to implement the redevelopment plans for the respective Project Areas and to expend tax increment to accomplish the goals and objectives of the respective redevelopment projects.

C. The Agency has adopted its Five-Year Implementation Plans for the Project Areas, as amended from time to time (the "Plans") with established goals to support affordable housing, economic development, community revitalization, commercial revitalization, and institutional revitalization. To implement the programs and activities associated with each goal, the Agency has made redevelopment fund commitments based on estimated available tax increment revenue and debt financing structures.

D. Pursuant to California Redevelopment law, section 33220, certain public bodies, including the City may aid and cooperate in the plarming, undertaking, construction, or operation of redevelopment projects. Collectively, the projects associated with this Agreement are listed in the attached Exhibit 1, which are incorporated herein by this reference (the "Projects"). The programs and activitieitassociated with the Projects include but are not limited to acquisition and disposition of property, development of design criteria, design, plarming, preparation of construction bid documents, financial analysis, financing and new construction or rehabilitation. To carry out the Projects in accordance with the objectives and purposes of the redevelopment plans for the Project Areas and the Plans, the Agency desires assistance and cooperation in the implementation and completion of the Projects. The City agrees to aid the Agency and cooperate with the Agency to expeditiously implement the Projects in accordance with the redevelopment plans for the Project Areas and the Plans and undertake and complete all actions necessary or appropriate to ensure that the objectives of the redevelopment plans for the Project Areas and the

Page 1

Plan are fulfilled within the time effectiveness of the Project Areas. The Redevelopment Plans and the Plans and all official records of the Agency and are incorporated herein by reference.

E. In considering the Agency's desire to ensure timely implementation and completion of the Projects, the Agency wishes to enter into this Agreement with the City for the pledge of net available tax increment to finance the Projects. The purpose of this Agreement is to facilitate the implementation of the Projects and to provide funding necessary to effectuate the completion of the Projects with net available tax increment in this current fiscal year and forthcoming fiscal years.

F. Net available tax increment is defined as any tax increment, net of existing debt service payments, and existing contractual obligations received by the Agency or any lawful successor ofthe Agency and/or to any of the powers and rights of the Agency pursuant to any applicable constitutional provision, statute or other provision of law now existing or adopted in the future. The pledge of net available tax increment will constitute obligations to make payments authorized and incurred pursuant to Section 33445 and other applicable statutes. The obligations set forth in this Agreement will be contractual obligations that, if breached, will subject the Agency to damages and other liabilities or remedies.

G. The City Council (the "Council") and the Agency by resolution will find or have found that the use of Agency redevelopment funding for the publically owned improvements is in accordance with Section 33445 of the California Community Redevelopment Law (Health & Safety Code Section 33000 et seq.) ("CRL") and Section 33445(a) of the CRL and other applicable law. The said Council and Agency resolutions are each based on the authority of the Agency, with the consent of the Council, to pay all or part of the cost of the installation and construction of any facility, structure, or other improvements which is publicly owned either within or outside a project area, if the Council makes certain determinations.

H. By approving and entering into this Agreement, the Agency has approved the pledge of net available tax increment from the Project Areas to pay for the Projects.

I. The obligations of the Agency under this Agreement shall constitute an indebtedness of the Agency for the purpose of carrying out the Redevelopment Plan for the Project Areas.

NOW, THEREFORE, the parties hereto do mutually agree as follows:

INTRODUCTORY PROVISIONS

The recitals above are an integral part of this Agreement and set forth the intentions of the parties and the premises on which the parties have decided to enter into this Agreement and are incorporated into the terms and conditions of this Agreement.

II. AGENCY'S OBLIGATIONS

The Projects are those projects which are listed on the attached Exhibit 1, which is incorporated herein by this reference. The Agency agrees to pay to the City an amount equal to the cost to the

Page 2

City to carry out the Projects, including without limitation all costs incurred by the City for the planning, acquisition and disposition, financing, development, permitting, design, site testing, bidding, construction and construction management of the Projects. The Agency's obligations under this Agreement, including without limitation the Agency's obligation to make the payments to the City required by this Agreement, shall constitute an indebtedness of the Agency for the purpose of carrying out the redevelopment of the Project Areas and are obligations to make payments authorized and incurred pursuant to Section 33445 and other applicable statutes. The obligations of the Agency set forth in this Agreement are contractual obligations that, if breached, will subject the Agency to damages and other liabilities or remedies.

The obligations of Agency under this Agreement shall be payable out of net available tax increment, as defined in the above recitals and/or as defined or provided for in any applicable constitutional provision, statute or other provision of law now existing or adopted in the future, levied by or for the benefit of taxing agencies in the Redevelopment Project Areas, and allocated to the Agency and/or any lawful successor entity of the Agency and/or any entity established by law to carry out any of the redevelopment plans for the Project Areas and/or expend tax increment or pay indebtedness of the Agency to be repaid with tax increment, pursuant to Section 33670, et seq., of the California Community Redevelopment Law or any applicable constitutional provision, statute or other provision of law now existing or adopted in the future, in amounts not less than those set forth in the Payment Schedule attached hereto as Exhibit 2 and incorporated herein by this reference.

The indebtedness of Agency under this Agreement shall be subordinate to the rights of the holder or holders of any existing bonds, notes or other instruments of indebtedness (all referred to herein as "indebtedness") of the Agency incurred or issued to finance the Redevelopment Project Areas, including without limitation any pledge of tax increment revenues from the Redevelopment Project Areas to pay any pmiion of the principal (and otherwise comply with the obligations and covenants) of any bond or bonds issued or sold by Agency with respect to the Redevelopment Project Areas.

All payments due to be made by the Agency to the City under this Agreement shall be made by the Agency in accordance with the schedule set forth in Exhibit 2 and as otherwise necessary to reimburse the City for the cost to the City of performing its obligations hereunder. City shall provide Agency with a quarterly report accompanied by evidence reasonably

· satisfactory to the Agency's Chief Executive Officer that the City has progressed in the development and construction of the Project for which payment is made by the Agency commensurate with such payments and has incurred costs or obligations to make payments equal to or greater than such amount

---~ --·-- '

III. CITY'S OBLIGATIONS

I. The City shall accept any funds offered by the Agency pursuant to this Agreement and shall devote those funds to completion of the Projects by (i) reimbursing the City or using such funds to make City expenditures to perform the work required to carry out and complete the Projects; (ii) utilizing such funds to pay debt service on bonds or other indebtedness or obligations that the City has or will incur for such purposes; and/or paying such funds into a

Page 3

special fund of the City to be held and expended only for the purpose of satisfYing the obligations of the City hereunder.

2. It is the responsibility of City to pay all development and construction costs in connection with the Projects from funds paid to the City by the Agency under this Agreement.

3. The City shall perform its obligations hereunder in accordance with the applicable provisions of federal, state and local laws, including the obligation to comply with environmental laws such as CEQA, and shall timely complete the work required for each Project in accordance with the Schedule of Performance attached hereto as Exhibit 3 and incorporated herein by this reference.

IV. Liability and Indemnification

In contemplation of the provisions of California Government Code Section 895.2 imposing certain tort liability jointly upon public entities solely by reason of such entities being parties to an agreement as defined by Government Code Section 895, the parties hereto, as between themselves, pursuant to the authorization contained in Government Code Sections 895.4 and 895 .6, shall each assume the full liability imposed upon it, or any of its officers, agents or employees, by law for injury caused by negligent or wrongful acts or omissions occurring in the performance of this Agreement to the same extent that such liability would be imposed in the absence of Government Code Section 895.2. To achieve the above-stated purpose, each party indemnifies, defends and holds harmless the other party for any liability, losses, cost or expenses that may be incurred by such other party solely by reason of Governn1ent Code Section 895.2.

V. Entire Agreement: Waivers and Amendments

This Agreement shall be executed in triplicate originals, each of which is deemed to be an original. This Agreement consists of U pages, which constitute the entire understanding and agreement of the parties.

This Agreement integrates all of the terms and conditions mentioned herein or incidental hereto, and supercedes all negotiations or previous agreements between the parties with respect to the subject matter of this Agreement. · '

fm'f"A'g~~ment is intended solely for the benefit of the Cityandthe Agency. Notwithstanding any reference in this Agreement to persons or entities other than the City and the Agency, there shall be nothird party beneficiaries under this Agreement.

All waivers of the provisions of this Agreement and all amendments to this Agreement must be in writing and signed by the authorized representatives of the parties.

VI. SEVERABILITY

If any term, provisions, covenant or condition of this Agreement is held by a court of competent jurisdiction to be invalid, void or unenforceable, the remainder of the provisions shall continue in

Page 4

full force and effect unless fue rights and obligations of the parties have been materially altered or abridged by such invalidation, voiding or unenforceability.

VII. DEFAULT

If either party fails to perform or adequately perfonn an obligation required by this Agreement within fuirty (30) calendar days of receiving written notice from the non-defaulting party, the party failing to perform shall be in default hereunder. In the event of default, the nondefaulting party will have all the rights and remedies available to it at law or in equity to enforce the provisions of this contract, including without limitation fue right to sue for damages for breach of contract. The rights and remedies of the non-defaulting party enumerated in this paragraph are cumulative and shall not limit the non-defaulting party's rights under any oilier provision of this Agreement, or otherwise waive or deny any right or remedy, at law or in equity, existing as of fue date of the Agreement or hereinafter enacted or established, that may be available to the non-defaulting party against the defaulting party. All notices of defaults shall clearly indicate a notice of default under this Agreement.

VIII. BINDING ON SUCCESSORS

This Agreement shall be binding on and shall inure to the benefit of all successors and assigns of fue parties, whether by agreement or operation of law.

IX. RIGHT TO TERMINATE

The City shall have the right to terminate this Agreement in its sole determination upon reasonable cause. In addition, fue City may eliminate any project identified in Exhibit 1, in the event that such project is deemed not reasonably feasible.

X. TERM

This Agreement shall remain in effect nntil the City has completed the projects identified and as amended, from time to time.

IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first set forth above.

" .........w,,.,,., ltt:;;t.-.::;::: . L 3!Jlllll!tiirr "iW""' ·=m"'· · ·<·"""'~-·..,:..;....,..

Attest: CITY OF LOS ANGELES

By:--=--=---=-----City Clerk

By:----------

Page 5

=

Attest:

By: _________ _ Secretary

APPROVED AS TO FORM:

By: -=-~---------City Attorney

APPROVED AS TO FORM: Kane Ballmer & Berkman

REDEVELOPMENT AGENCY OF THE CITY OF LOS ANGELES

By: _________ _

By: CRAJ.~L~A~G~e-n-er-a7IC~onn-s~el ______ _

City Attorney

By: ____________ _

Agency Special Counsel

Page 6

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