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Community Redevelopment Agency

of the CITY OF lOS ANGELES

eRA/LA
BUILDING COMMUNITIES
DATE I JAN14 2011
FILE CODE I

1200 West 7th Street / Suite 500 T 213 977 1600/ F 213 977 1665
Los Angeles I California 90017-2381 www.crala.org

REVISED
RE AS UNDERLINED IN
RECOMMENDATIONS SECTION
CRA File No. '131.2..
Council District: Various
Contact Person: Dalila T. Sotelo
(213) 977-1636

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:
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
CRA/LA 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 Environrnental Quality Act (CEQA) is prernature at this time and
is not currently required. It should be noted that anticipated developrnents within each of the
CRA/LA's existing 31 redeveloprnent 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"C1rJ:sL E,""ti" Offi,",


eRA/LA
Building communities

Page 2
Transmittal

cc: Sharon Gin, Office of the City Clerk (Original & 3 Copies on 3-hole punch)
Lisa Johnson Smith, Office of the CAO
Ivania 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: JANUARY 14, 2011

TO: CRA/LA BOARD OF COMMISSIONERS

FROM: CHRISTINE ESSEL, CHIEF EXECUTIVE OFFICER

STAFF: DALILA SOTELO, DEPUTY CHIEF OF OPERATIONS

SUBJECT: 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 (CEO) 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 A); 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 statutory 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 Esse!. 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, CRA/LA 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,
CRA/LA 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 LIST OF ACTIVITIES
(INCLUDING PROGRAMS PROJECTS ~ ~~
I ~ ~ ~'" . =~j[ _~,,~0~;~"=
- . .
,
Project ~
Region Project Area Project Name Description eRA/LA Investment
Category
I ~~ . ~~
~ ~ ~ ~ ~
~ .- ~~ ~~"'" ~ __ =~~~~ ~___c: ~
Various activities related to close-out of
Downtown Bunker Hill Bunker Hill Close Out Administration $250,000
project area.

Various public improvements in the project


Area Wide Public Public
Downtown Bunker Hill area, including public art, street tree $1,500,000
Improvements Improvement
replacement, and sidewalk repairs.

Last remaining parcel in California Plaza, to


Business
Downtown Bunker Hill Parcel Y~1 be developed with office, commercial, housing $5,000,000
Assistance
andlor cultural uses.
Development of 120,00 sf museum and
parking facility to house the Broad Collection.
Public
Downtown Bunker Hill Broad Art Museum Project includes ancillary uses such as $35,000,000
Improvement
storage and conservation areas and offices,
Museum endowment to be $200 million.

Three phased mixed use development of


parcels owned by eRA/LA and LA County to
include 5 start hotel, commercial space, and
Downtown Bunker Hilt Grand Avenue Commercial $50,000,000
streetscape improvements. Catalytic mixed
use project, area beautification, construction
local hire, increased supply of housing stock.

Santa Fe Street Public


Central Public Public improvements on Santa Fe between 41h
Downtown Improvements (Lucky 1h
$500,000
Industrial Improvement and 6 Streets.
I•••• ,

Central Mixed~use development on site leased from


Downtown One Santa Fe Housing $4,000,000
Industrial MTA at Santa Fe between 1s1 and 4th Streets,

Central Partner with Art Space to create housing for


Downtown Artists' Housing Project Housing $5,000,000
Industrial artists
Central Public Create open space on Matteo Street in park-
Downtown Artists' Park $5,000,000
Industrial tmorovement Inoor Artists District
Central Public
Downtown Downtown Riverwalk z-Acre riverfront park serving Arts District $5,000,000
Industrial Improvement
Provide financial assistance to industrial
Central Industrial Incentive
Downtown Industrial companies that are relocating, expanding, or $5,000,000
Industrial Program
"greening" their operations or facilities,

Provide annual funding for programming,


Central operations, maintenance services and
Downtown SRO Housing Housing $5,000,000
Industrial administration of emergency, transitional and
Inermanent suooortlve houslnu.
Incubator located in the LADWP Innovation
Campus will provide flex office space, shared
Central
Downtown CleanTech Incubator Industrial workshop and testing facilities, and business $6,000,000
Industrial
and administrative support for cleantech start-
uu comcanles.
Land Acquisition, Public Improvement and
Central CleanTech Manufacturing Infrastructure for Twenty acre, CRA/LA-owned
Downtown Industrial $20,000,000
Industrial Center opportunity site for clean industrial
development.
Urgently-needed public improvements along
Central Alameda Street Goods Public the key industrial distribution roadway
Downtown $30,000,000
Industrial Movement Improve. Improvement (Alameda from 1st S1. to the SM Freeway) in
Central Los Anoetes.

OrdlYale Pedestrian Public Creation of stairway park that finks residential


Downtown Chinatown $1,650,000
Linkages Improvement community to the civic community,

Page 1 of 19
ATTACHMENT A LIST OF ACTIVITIES
(INCLUDING PROGRAMS, PROJECTS)
c - - - - -
- Region Project Area Project Name
Project
Description eRA/LA Investment
Category
,~ ~- - - - ~- "~<-~"""~~- - - ~ - ,-- -

Various public improvements related to


Chinatown Cultural Capital Public making Chinatown a world-class capital,
Downtown Chinatown $2,700,000
Implementation Plan Improvement including historic and cultural education, art
exhibitions, and public events.

Mixed-use development adjacent to


Chinatown Gold Line Station. Includes
Downtown Chinatown Blossom Plaza Commercial affordable rental units, commercial space, an $4,200,000
outdoor cultural performance plaza, and
ublic narklno ad a bike station.
59~unjt affordable housing for larqe-famllies,
Downtown Chinatown Yale Street Apartments Housing including a social services enrichment $4,200,000
program facility.

On~going program to provide facade


Business Incentive improvement grants and matching
Downtown Chinatown Commercial $6,000,000
Programs rehabilitation loans for commercial
businesses.

Public-private partnership to increase the


usable green space in Downtown LA. The
plan will explore innovative design solutions
Downtown Open Space Public
Downtown City Center and financing methods, identify opportunity $150,000
Plan Improvement
sites, recommend policy and organizational
changes, and provide an implementation
Ian.
Initiative to address concentrated poverty in
Central City East, providing a balanced
Central City East/Affordable
Downtown City Center Housing community, stability and upward mobility. $500,000
Housing
Includes coordinated policy vision and action
Ian.
Rehabilitation of an existing housing project to
Downtown City Center Downtown Women's Center Housing $1,000,000
extend covenants and improve units

Affordable Housing Project as new units


Downtown City Center Star Apartments Housing above commercial structure at 240 E. 6th $1,000,000
Street
Public
Downtown City Center Olympic Grand Linear Park Develop park project in South park $1,500,000
Imorovement

Economic development and land use study to


Downtown Market Study & Business
Downtown City Center inform update of the Central City Community $1,700,000
Implementation Strategy Assistance
Plan.

Affordable housing project (perm supportive


Downtown City Center Gateway Apartments Housing $2,000,000
houstno) with SRO housina
On-going program to provide facade
Business Incentive
Business improvement grants and matching
Downtown City Center Program (Historic Core and $3,000,000
Assistance rehabilitation loans for commercial
Fashion District)
businesses.
Dormitory for Jobs Corps to be reconfigured
Downtown City Center Case Hotel Housing $3,000,000
as senior housing for SRO Housing tenants

Downtown City Center New Pershing apartments Housing Affordable housing project $3,000,000
Converting emergency housing into
Downtown City Center Panama Hotel Housing $3,000,000
permanent houslnc
work with Mercy Housing and California
Venice Hope Housing Public
Downtown City Center Hospital to develop senior housing and $3,000,000
Project Improvement
outoatlent services
YMCA Jobs Corps (Phase
Downtown City Center Housing Housing for graduates of the program $3,000,000
II'

Page 2 of 19
ATTACHMENT A LIST OF ACTIVITIES

, ~ ~ "
~ , '"' ,
" " -~~~
~- ~ , ~" " ~ "'
Project
Region Project Area Rroject Name Description eRA/LA Investment
Category
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Publlc-prlvate partnership and 1O-year plan to


revitalize the historic Broadway corridor
between 2nd Street and Olympic Blvd.
Public Initiative includes historic preservation,
Downtown City Center Bringing Back Broadway $5,000,000
Improvement economic development, urban planning and
design, transportation modes, parking, theatre
programming, marketing, capital finance and
'nnUdA<

Extensive rehabilitation of existing residential


Downtown City Center Huntington Hotel Housing $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.

Rehabilitation of SRO Provide rehab funds for housing units and


Downtown City Center Housing $9,000,000
Heuemc Units extend covenants

Public/private partnership to create a


Public
Downtown City Center Downtown Streetcar streetcar connecting the Broadway Corridor to $10,000,000
Improvement
LA Live and the Grand Avenue Project.

Fashion District Assist in private development of City Markets


Downtown City Center Commercial $15,000,000
Develcnment Sites Site and LAUSD site
Housing required for $30 million grant for
streetscape improvements to Figueroa, 11 th,
Figueroa Corridor Prop. 1C Washington, and Martin Luther King Jr. Blvd.
Affordable
Downtown City Center Includes redesign and reconstruction of $18,000,000
Grant Housing
Gilbert Lindsay Park, Exposition Park Sports
Field, and 110 Freeway cap park feasibility
1<1"",,
Development of food access program
including: active food basket program
Council
promoting produce from local farmers;
Downtown District 9 Food Access Program Commercial $80,000
transportation support to and from local
Corridors
markets, including modifications to buses
serving the area and increase shuttle services

Acquisition and development of a pocket part


Council on an industrial property adjacent to a public
Nevin Elementary Pocket Public
Downtown District 9 elementary school. The majority of funds will $150,000
Park Improvement
Corridors be provided through a Proposition 84 grant
from the State of California
Council Rehablfltatlon of the historic Ralph Bunch
Public
Downtown District 9 Ralph Bunche House House, located at 1221 E. 40th Place, for use $250,000
Improvement
Corridors as a community resource center.
Continued support of the Central Avenue
Business Association (CABA). to provide a
Council
Central Avenue BUsiness forum for the business community on Central
Downtown District 9 Commercial $400,000
Association Avenue, promote business activity through
Corridors
marketing efforts, and encourage small
business develcnment.
Funding to increase commercial catering
Council
kitchen capacity, develop new spaces for
Downtown District 9 Mercado La Paloma Commercial $400,000
restaurant and cafe options as well as a green
Corridors
rocer.
CRA/LA is working with the Trust for Public
Council Land (TPL) and formulate an innovative plan
Public
Downtown District 9 Avalon Green Alleys to create pedestrian friendly and park-like $500,000
Improvement
Corridors improvements to alleys in Southeast Los
Anueles.

Page 3 of 19
ATIACHMENT A LIST OF ACTIVITIES
~ ~ (INCLUDING PROGRAMS,
~ PROJECTS)
c~ ~'r~~~-~ -
,,c
" ~;;~
" '0"
""
Project
Region Project Area Project Name Description ORA/LA Investment
Category ,
" ~ - "
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" "' " ~ ~,-~-~"'~-
~~ "
"
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
Council
heads to the Port of Los Angeles, LAX and
Slauson Avenue Goods Public Downtown Los Angeles. The improvements
Downtown District 9 $500,000
Movement Improvement will also improve mobility for bus, car and
Corridors
pedestrian traffic. Improvements include
improved siqnaqe for truck routes, additional
turn lanes, streetscape and sidewalk
improvements, new bus shelters, improve
crosswalks at intersections, and increased
. "",
Development of 34 affordable senior
apartments by Meta Housing, located at 7621
Council
S. Figueroa Street. The project will include
Downtown District 9 Figueroa Apartments Housing $600,000
community rooms, a community garden,
Corridors
computer room, barbecue area, and on-site
t offtce
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
Council
Tract. CRA/LA is facilitating the remediation of
Downtown District 9 Calko Steel Expansion Industrial $1,210,000
contaminated property and sale from the
Corridors
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


Council adjacent Somerville! and II properties to
Dunbar Village (Dunbar
Downtown District 9 Housing provide affordable housing for low-income $2,100,000
Hotel and Somerville 1/11)
Corridors seniors and families, and contribute to the
revitalization of Central Ave.

Opportunities to invest in public infrastructure


Council Alameda Corridor and strategic partnerships with private
Public
Downtown District 9 Expansion and investment in order to assist in development $2,500,000
Improvement
Corridors Rehabilitation new businesses and expanding existing
businesses.
Implementation of a ccmrnunity-drlven master
Council
Washington Blvd. Public streetscape plan for Washington Boulevard
Downtown District 9 $2,800,000
Streetscape Improvement between Figueroa Street on the west and
Corridors
Alameda Street on the east.
Council Redesign and expansion of existing Central
Public
Downtown District 9 Central Avenue Jazz Park Avenue Jazz Park, located at 42nd and $2,900,000
Improvement
Corridors Central.
Council Clean up graffiti and sidewalk cleaning along
Public
Downtown District 9 Clean and Safe Program Central Avenue, Vermont and Washington, $3,000,000
Improvement
Corridors bulky item pick up throughout project area

Rehabilitation of the historic Angelus Funeral


Home by the Community Enhancement
Council Corporation. The completed project will
Public
Downtown District 9 Paul R. Williams Center include a child-care center and health clinic $3,000,000
Improvement
Corridors serving low-income families from the
surrounding community. Total developments
lcost •• ,. ~11 7 million

Page 4 of 19
ATTACHMENT A LIST OF ACTIVITIES
(INCLUDING PROGRAMS, PROJECTS)
, - - - - - - " - " -;, ""'~
s Project
Region Project Area Project Name Description eRA/LA Investment
_ ,~ Category
" --- - - " ~---- " - - - , " ~~
~-~ , ~~--~~~-~- , -- "
, , ,
Council 48~units of affordable housing targeting
Vermont Avenue
Downtown District 9 Housing grandparents that are primary caregivers for $3,000,000
Apartments
Corridors their orandchildren.
Located on Central Avenue between 35th
Street and Martin Luther King Jr. Boulevard,
Council will consist of 70 units of affordable rental
Downtown District 9 Florence Mills Housing Housing housing for families, with ground floor retail. $3,300,000
Corridors The project will include subterranean parking,
laundry, community room, open space,
secured entry, and a play area.

Investment in infrastructure to enhance goods


Council
Goodyear Tract Public movement in and around the industrial tract
Downtown District 9 $4,000,000
Improvements Improvement and road improvements to address flooding
Corridors
and other barriers to development.
On-going program to provide facade
Council
Business Incentive improvement grants and matching
Downtown District 9 Commercial $5,000,000
Program rehabilitation loans for commercial
Corridors
businesses.
Development of a 76,300 square foot retail
Council
Slauson Central Retail center, including a Northgate Gonzalez
Downtown District 9 Commercial $6,500,000
Center supermarket, CVS pharmacy, and a job
Corridors
traininn facllitv.
Master streets cape improvement plan to
Council improve walkability, connect the community,
Public
Downtown District 9 Central Avenue Streetscape and lncentlvlze redevelopment of vacant and $8,000,000
Improvement
Corridors underutillzed properties along Central Ave.
between Washington Blvd. and Slauson Ave.
Multi-phased project by Urban Housing
Council Communities to transform 29th Street between
Downtown District 9 29th Street Crossings Housing San Pedro and Griffith Avenue from industrial $9,000,000
Corridors uses to affordable housing and support
[services for area residents.
Reconfiguration of 1.5 miles of Vermont
Avenue between Gage Avenue and
Council Manchester Boulevard to create a eo-toot
Public
Downtown District 9 Vermont Median Park wide linear park in the median. This project $9,000,000
Improvement
Corridors will provide ta-ecree of usable park space in
one of the most park-poor areas in the City of
r os ~,

Council Multi-phased mixed-use affordable housing,


Washington Blvd Housing
Downtown District 9 Housing including 262 units and 19,00 square feet of $10,130,000
(Phases 1-4)
Corridors retail on Washington Boulevard between Los
Angeles Street and Maple Avenue.
Support continued development of the
Downtown LA Auto District through: public
Council improvements; way-finding and appropriate
Downtown District 9 Downtown LA Auto District Commercial off-site signage; identification of opportunity $12,000,000
Corridors sites; coordination, outreach and assistance
to potential new dealerships; and identification
I,ho,o"_ narkinc facltltles.
Implementation of master streetscape plan for
Council
Central Avenue Streetscape Public Central Avenue between Washington
Downtown District 9 $15,300,000
and Utility Underground Improvement Boulevard on the north and Slauson Avenue
Corridors
on the south.

Page 5 of 19
ATTACHMENT A LIST OF ACTIVITIES
,
(INCLUDING PROGRAMS, PROJECTS), , , , ,
, ,
, ,

" ,

Project
Region Project Area Project Name Description ORA/LA Investment
Gategory
"
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, ,

Environmental remediation and development


Council of a public park, affordable housing and an
Public
Downtown District 9 Slauson Wall Project institutional/community use on a 7 Nacre $17,000,000
Improvement
Corridors industrial property, acquired by eRA/LA in
2010.

Council Development of 60 units of affordable


Homeownership
Downtown District 9 Housing ownership-housing on three eRA/LA owned $18,000,000
Opportunity Sites Program
Corridors sites.

Public Various projects to support preservation and


$250,000
Downtown Little Tokyo First Street Historic District
Improvement historic properties along First Street.

Collaboration with MTA on the site and design


of the Regional Connector Station serving
Public
Downtown Little Tokyo Regional Connector Little Tokyo in a manner that maximizes $300,000
Improvement
pedestrian access, development opportunities
and minimizes commute times.

Development of community based park, open


Public space, arts related spaces, potential public
Downtown Little Tokyo Central Avenue Art Park $1,000,000
Improvement parking and linkage to Uttle Tokyo Gold Line
Station.
Design and installation of various public
improvements and sustainable features along
a 3rd Street between Alameda and Los
Area wide Public Public
Downtown little Tokyo Angeles. Improvements include crosswalks, $1,500,000
Improvements Improvement
lighting, landscaping, street furniture, fitness
elements, gateway markers, and information
and way-findlnq signage.

Design and installation of various public


improvements and sustainable features along
a 3rd Street between Alameda and Los
Third Street Public Public
Downtown Little Tokyo Angeles. Improvements include crosswalks, $3,000,000
Improvements Improvement
lighting, landscaping, street furniture, fitness
elements, gateway markers, and information
and way-finding siqnaqe.
Mixed-use development with retail and public
Downtown Little Tokyo Avalon Bay Housing $5,500,000
narkino.
Block 8 (Related Mixed-use development with retail and public
Downtown Little Tokyo Housing $5,900,000
Comnanies] arkina,
Council Development of 64 units of affordable family
Paradise Baptist/Urban
Downtown District 9 Housing housing and a potential charter school at $500,000
Vision
Corridors 5000 South Broadwav.

Amendment of the Laurel Canyon


Laurel Canyon
laurel Redevelopment Plan to include expansion of
East Valley Redevelopment and Merger Plans & Studies $629,000
Canyon project area boundaries and potential merger
with North Hollywood
with the North Hollywood Project Area.

Page 6 of 19
ATTACHMENT A LIST OF ACTIVITIES
(INCLUDING PROGRAMS, PROJECTS)
- ~ - ~ ~ ~ ~
Project
Region Project Area Project Name Description eRA/LA Investment
Category
,- ~ ~ "'" ~~ ~ ~ - ~~
~ ~ -"~ ~ - ~- " "' ~- ~
Redevelopment of the zz-acre shopping
Laurel Valley Plaza Shopping
East Valley Commercial center located at the intersection of Laurel $1,600,000
Canyon Center Canyon and Victorv Boulevards.

Provides grants and forgivable loans to


Laurel Laurel Canyon Business Business business owners and tenants to attract new
East Valley $4,500,000
Canyon Assistance Program (BAP) Assistance business into the Project Area and retain
existing businesses and jobs.

Rehabilitation of up to 20 storefronts
Laurel Canyon Commercial including signage and landscaping on the
Laurel Business
East Valley Fagade and Signage east side of Laurel Canyon Boulevard $4,500,000
Canyon Assistance
Program between Victory Boulevard and Burbank

Provide funding in an amount not to exceed


North Response to Development $95,000 to the North Hollywood YMCA for
East Valley Housing $100,000
Hollywood Opportunity construction of roof and rehabilitation of other
cornoonents.

Prequalification of cultural and arts


North NoHo Arts Retention
East Valley Plans & Studies organizations to receive funding for physical $500,000
Hollywood Program
improvements and for expansion/retention.

Provides grants and forgivable loans to


North North Hollywood Business Business business owners and tenants to attract new
East Valley $1,900,000
Hollywood Assistance Program (BAP) Assistance business into the Project Area and retain
existtnq businesses and jobs.

Commercial Facade and Rehabilitation of 16 storefronts on Magnolia


North Business
East Valley Signage Program - Boulevard between Lankershim Boulevard $2,200,000
Hollywood Assistance
Magnolia Boulevard and Vineland Avenue.

Development of a 1o-unrt affordable


homeownership project located on a half-acre
North
East Valley Elmer Family Housing Housing eRA/LA owned site at 5623-5633 Elmer $3,100,000
Hollywood
Avenue- to be developed by Heritage Housing
Partners (non-profit housing developer).

Development of a 126 unit senior residential


North project including 27 very low-income units
East Valley NoHo Senior Artists Colony Housing $6,600,000
Hollywood located at 11047 Magnolia Boulevard- to be
developed by Meta Housing Corp.

Pacoima! streetscape along major corridor including


Public
East Valley Panorama Pacoima Streetscape sidewalks, street furniture and decorative $350,000
Improvement
City crosswalks
Pacoima! Ownership: Provides soft second loans up to
East Valley Home
East Valley Panorama Housing $75,000 for approximately 26 income qualified $428,000
Ownership Program "HOP"
Citv buvers
Pacoima!
The Crossings at North Rental: 37-unit affordable multi-family housing
East Valley Panorama Housing $500,000
Hills (UHC) on Sepulveda Boulevard near Tupper Street.
Citv
Pacoima!
Community
East Valley Panorama Jeopardy Building Rebabilitation of existing facility $600,000
Facility
City

Page 7 of 19
ATTACHMENT A LIST OF ACTIVITIES
(INCLUDING PROGRAMS, PROJECTS)

East Valley EI Dorado Park development of park facilities $750,000

Business assistance package for Tee to


Pacoima! Trammell Crow Company attract two prospective users to the Sun
Business
East Valley Panorama (Tee) Business Outreach I Valley Commerce Center Site located at the $750,000
Assistance
City Assistance corner of Branford Street and San Fernando
Road.
The BAP provides loans with debt forgiveness
up to $249,000 for commercial property
Pacoima!
East Valley Business Business owners and up to $75,000 for commercial
East Valley Panorama $845,900
Assistance Program (SAP) Assistance tenants for use to attract expand and retain
City
commercial businesses located within an EVR
Project Area.

Participation in Business Development!


Pacoima I BUsiness Development I
Business Economic Assistance Forums in the San
East Valley Panorama Economic Assistance $875,000
Assistance Fernando Valley, representing the East Valley
City Forums
Region (NH, LC ,PC)

Pacoima! Anthony International (AI)


Business Coordination and implementation of EVR
East Valley Panorama BUsiness Retention $1,000,000
Assistance BUsiness Assistance package for AI.
Ci
Pacoima!
La Coruna Senior Rental: 86~unit affordable senior housing on
East Valley Panorama Housing $2,000,000
Apartments (META) Sepulveda Boulevard near Lanark Street.
City

Pacoima! Rental: 56~unit affordable senior housing


East Valley Panorama Tobias Terrace (META) Housing bounded by Tobias Avenue, Tupper Street, $2,500,000
City and Van Nuys Boulevard.

New public facility located at 13520 West Van


Nuys Boulevard in Pacoima (home to Council
District 7 offices, other City services and a
Pacoima!
CD7 Constituent Services Community 2,200 square foot commercial space). Assist
East Valley Panorama $3,000,000
Center Facility City of LA General Services Department
City
(GSD) develop business assistance
package(s) for one prospective ground floor
retail/food services tenant

East Valley Sylmar Court Housing affordable housing development $3,000,000

Pierce Street Villas Ownership: 24~unit affordable single family


East Valley Housing $3,360,000
(HABITAT) housing near Carl Street and Borden Avenue.

East Valley Foothill Osborne Housing affordable housing development $3,500,000

Montecito Terraces Rental: 96-unit affordable senior housing on


East Valley Housing $3,800,000
(AMCAL) Sepulveda Boulevard near Tupper Street

The liP provides up to $100,000 in grants and


up to $250,000 in conditional loans to provide
Pacoima I assistance to Industrial businesses seeking to
Industrial Incentive
East Valley Panorama Industrial locate, expand or green their operations in $5,000,000
Program (liP)
City connection with the rehabilitation or
development of industrial properties in
C L
Plans and programs designed to facilitate arts
Adelante First Street Arts District related uses and institutions to serve as
Eastside Industrial $100,000
Eastside Plan anchors for newly evolving arts district around
three Metro Gold Line stations.

Page 8 of 19
ATTACHMENT A LIST OF ACTIVITIES
(INCLUDING PROGRAMS, PROJECTS) ~
"
, , , , ~""~~ ,

Project
Region Project Area Rroject Name Description eRA/LA Investment
Category ,
, , , , , , , ~ -- ~§ ~--~
, , ~, ,
1n-acre development opportunity site located
Ade/ante 1st and Mission Design for Public
Eastside across the street from the First and Utah $170,000
Eastside Development Improvement
Metro Gold Une station
Implementation plan for infrastructure
Adelante Public necessary to redevelopment Biomed Focus
Eastside Biomed Focus Area $450,000
Eastside Improvement area, including transportation, public and
rivate utilities.
Clean-up of one-acre eRA/LA-owned parcel
Adelante
Eastside ACTA Site Soils Industrial in preparation of property for industrial $1,000,000
Eastside
Development of new mixed-use artist housing
Adelante Public
Eastside First and Boyle across the street from Metro Gold Line $2,000,000
Eastside Improvement
Mariachi Station.
Adelante
Eastside Whittier Apartments Industrial so-urate of affordable housing. $2,000,000
Eastside
Rehabilitation of historic hotel as B'l-units of
Adelante
Eastside Historic Boyle Hotel Housing affordable housing and ground floor $3,000,000
Eastside
commercial use.
Improvements to property along First Street
and Cesar Chavez Avenue commercial
Adelante Commercial Incentive
Eastside Housing corridor in support of First Streets Arts District $5,000,000
Eastside Program
Plan and Cesar Chaves Avenue streetecape
and Pedestrian Enhancements initiative.

Adelante
Eastside Linda Vista Industrial 200 units affordable housing $8,000,000
Eastside

Public improvements and utility


Cesar Chavez Streetscape
Adelante undergrounding along Cesar Chavez from
Eastside and Utilltle. Industrial $10,000,000
Eastside Warren Street to Evergreen Avenue (1.5
Undergroundlng
miles)

Ade!ante
Eastside Sears Tower Housing Rehabilitation of historic department store $20,000,000
Eastside

Monterey Disposition of Surplus Disposition of CRA/LA owned parcels prior to


Eastside Industrial $160,000
Hills prcnertv 'orotect area close out in 2015.
Area-wide Landscaping
Monterey improvements and Ongoing maintenance of CRA/LA owned
Eastside Industrial $4,000,000
Hills Maintenance of CRAlLA property,

East
Implement public improvements consisting of
Hollywood & Hollywood I Vermont Avenue Public
sidewalk repairs, bike racks, and design $867,000
Central Beverly Streets cape Improvement
features, crosswalks and street trees.
Normandie
Hollywood &
Hollywood Selma Hotel Commercial Development of a tas-unn boutique hotel $500,000
Central
Provide financial assistance to industrial
Hollywood & Public
Hollywood Green Retrofit Program companies that are relocating, expanding, or $50,000
Central Improvement
"greening" their operations or facilities.

Hollywood Boulevard Retail Implementation of a strategy to attract


Hollywood & Business
Hollywood Attraction and Retention additional resources to and physically improve $125,000
Central Assistance
Strategy the project area's core commercial corridor

On-going program to provide facade


Hollywood & BUsiness Incentive Public improvement grants and matching
Hollywood $250,000
Central Programs Improvement rehabilitation loans for commercial
businesses.

HoUywood& HCIP~Commercial Historic Provide financial assistance to business for


Hollywood Improvement $457,500
Central Storefront Grant facades improvement.

Implement design improvements and


Hollywood &
Hollywood Metro Bike Improvement construction of for a bicycle facility to be $465,000
Central
onerated bv Blcvcle Kitchen.

Page 9 of 19
ATTACHMENT A LISTOF ACTIVITIES
INCLUDING PROGRAMS PROJECTS
, '~ , ,
, ,
, ' ' '
- ~~~~ "
~ ~ , , ~
"

Project
Region Project Area Project Name Description CRAILA Investment
, , ~~ ~-"'-§" ~"'--~~ ,', ~, ~ , ~ ,
, , , "
Category
"
, , ~- -~-- ~~ ~
~~~~~~ -- , , , " , , , , ,

Implement public improvements consisting of


Hollywood & Public
Hollywood Santa Monica/Western sidewalk repairs, bike racks, and design $500,000
Central Improvement
features, crosswalks and street trees.

Hollywood & Public


Hollywood Walk of Fame Provide improvements on the Walk of Fame $500,000
Central Improvement

Hollywood & Public Implement public improvements consisting of


Hollywood Pedestrian Crossroads $1,116,300
Central Improvement sidewalk repairs, tree wells, tree planting.

Hollywood & Open Space/Sustainable Public Public improvements on Hudson Plaza, De


Hollywood $1,500,000
Central Imnrovements Imorovement Lonaore/La Brea.
Provide financial assistance to business to
Hollywood & BUsiness
Hollywood Improvement are relocating, expanding, or "greening" their $1,750,000
Central Retention/Attraction
operations.

Rehabilitation of historic resource and


Hollywood & Community
Hollywood Orchard Gables conversion to space for operation of cultural $1,910,900
Central Facility
program and a small business office space

Implement public improvements consisting of


Hollywood & HollywoodlWestern Public
Hollywood sidewalk repairs, bike racks, and design $2,000,000
Central Streetscape Improvement
features, crosswalks and street trees.

Mixed-use development to provide 300 public


Hollywood & Wilcox Shrader DOT Lot -
Hollywood Mixed Use parking spaces and 60-units of affordable $4,000,000
Central Mixed-Use Development
houslno
Development of a 128,000 square feet office
Hollywood &
Hollywood Vine Street Tower Commercial building to serve entertainment-related $4,625,000
Central
comoanles
Hollywood & 120 unit affordable housing development for
Hollywood 5555 Hollywood Housing Housing $4,680,000
Central seniors
Hollywood &
Hollywood Villas at Gower Housing 70~units of special needs housing $6,750,000
Central

Pipeline of housing projects currently being


underwritten; Gordon, Selma-
Hollywood &
Hollywood Housing Projects Pending Housing Cherokee/LAUSD and Western-Carlton are $8,800,000
Central
family projects and the Step-Up projects are
special needs

Hollywood &
East
Hollywood & 54-unit affordable housing development for
Hollywood/B Coronel Housing Project Housing $5,027,000
Central families
everly
Normandie
Hollywood & Mid-Cily Ebony Reparatory Community
capital improvements $50,000
Central Corridors Theatre Facilitv
Hollywood & Mid-Cily Community
NHPAC (Art Program) capital improvements $400,000
Central Corridors Facilitv
Rehabilitation of a 91-unit affordable housing
Hollywood & Mid,Cily project with existing covenants. Phase I -
Tuelyn Terrace Housing $622,000
Central Corridors provide $225,000 loan for meet fire, life,
safetv uuldellnes. Prepare
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
concession area, and two undeveloped retail
Hollywood & Mid,Cily Community
Nate Holden Theatre areas designed by John Fisher, built by $750,000
Central Corridors Facility
CRA/LA, 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
ATTACHMENT A LIST OF ACTIVITIES
INCLUDING PROGRAMS PROJECTS
~~ ~~~ ~~ , ~ ~,

Project
Region Project Area Project Name Description eRA/LA Investment
Category
, ~ ~~ , ~ , ~ ~ ~ , , ~ "
Hollywood & Mid,Cily New construction of a 40-unit family
Jefferson and 5th Avenue Housing $1,500,000
Central Corridors affordable housing development.

Hollywood & Mid-Cily Matching Funds for Prop Public public improvements to facilitate affordable
$1,500,000
Central Corridors 1C and MTA Can Imorovement housino develooment
A streetscape program that includes: trees,
better tree wells, permeable pavers, infill open
space, neighborhood gateways, etc. The
Hollywood & Mid-Cily Prop 1C & Vision Plan Public
program recommends a framework of varying $1,500,000
Central Corridors Implementation Improvement
street tree types, street lighting and gateways
that complement the proposed land use
districts.

OPA withe Charles Company to create a new


Hollywood & Mid-Cily two-story, approximately 300,000 sq ft retail
District Square Commercial $6,500,000
Central Corridors shopping center. CRA/LA Assistance $6.5
million site specific tax increment (SSTI).

The Midtown Crossings project is a 383,667


square foot retail center. CIM Group owns
Hollywood & Mid-Cily the 11.9 acre site. Phase I has been
Midtown Crossing Commercial $14,322,000
Centra! Corridors completed and Phase II is under construction.
Through Ihe OPA, eRA/LA has committed
lsre.s million to the oroiect.
On-going program to provide facade
Hollywood & Pico Union 1 BUsiness Incentive Business
improvement grants for commercia! $60,000
Central and 2 Programs Assistance
businesses on Plco Boulevard.

Design and development of community based


Hollywood & Pica Union 1 Cesar Chavez Community Open Space I
open space, including decorative gate and $90,000
Central and 2 Garden Parks
walkway.

Rehabilitation of two historic homes for the


Hollywood & Pico Union 1 Casas Alicia Move~on operation of an educational and construction
Mixed Use $100,000
Central and 2 Project trade apprenticeship program on CRA/LA
owned land at 1115-1129 S. Alvarado Street.

Hollywood & Pica Union 1 Nuevo Pico Union Scattered Rehabilitation of four, four unit buildings
Housing $530,000
Central and 2 su•• restricted to 60% AMI.
On-going program to provide facade
Hollywood & Pice Union 1 Residential Incentive improvement grants for residential property
Housing $550,000
Central and 2 Programs owners to support the preservation and
historic nronertles in Pico Union.
Demolition of existing blighted buildings and
Hollywood & Pica Union 1 11 til & Burlington
Housing new construction of 25-units of affordable $750,000
Central and 2 Apartments
housing.

Design and installation of various public


Hollywood & Pico Union 1 Pico Boulevard Streetscape Public
improvements including monument signs and $2,000,000
Central and 2 Improvements Improvement
gateway markers.

Determine the feasibility of a merchant or


Hollywood & Business property owner based bid, and coordinate the
Westlake MacArthur Park BID $60,000
Central Assistance formal adoption process necessary to
establish the MacArthur Park BID.
Various public improvements along the 7th
Hollywood & 7thStreet Streets cape Public
Westlake corridor, including trash receptacles, street $75,000
Central Improvements Improvement
tree replacement, and sidewalk repairs.

Page 11 0119
ATIACHMENTA LIST Of ACTIVITIES
INCLUDING PROGRAMS PROJECTS ~~~
~ ~~~
" " " "
~, "" " "" "
"
Project
Region Project Area Project Name Description eRA/LA Investment
Category
e "
" ,~*~ "
"
" " "" " " " " " "
Assist with the construction of the Archbishop
Oscar Romero Plaza at the southeast corner
of MacArthur Park. The Project consists of
Hollywood & Monsefior Oscar Romero Open Space I
Westlake lnstalling a bronze statue in honor of $100,000
Central Plaza Parks
Monsefior Romero; a spire with ascending
doves; curved stone benches; and other
, elements

On-qolnq program to provide facade


Hollywood & Business Incentive Business
Westlake improvement grants for commercial $500,000
Central Programs Assistance
businesses on Alvarado Street.

Development of 89 units of housing, 15,540


sq. ft. of retail space with 91 spaces of
Hollywood & MacArthur Park Metro
Westlake Mixed Use required residential parking, plus 100 $1,400,000
Central Mixed Use Development
commuter parking spaces and 42 retail
loarkina soaces.
New construction of 68 affordable family
apartments, plus community room, rnultl-
Hollywood &
Westlake 7th & Coronado Apartments Housing purpose room, child-day room, laundry rooms, $3,900,000
Central
art room, case mgt offices, landscaped
courtvard and balconies.
Acquisition and rehabilitation of the historic
Westlake Theater as a mixed-use
entertainment venue. State of the art lighting
and sound systems and a modular and
flexible stage system would be installed to
Hollywood & Westlake Theatre Mixed
Westlake Mixed Use accommodate multiple event configurations. $10,000,000
Centra! Use Development
The space will also include Culture Clash
offices, meeting rooms and small classrooms
for education programs. Development of a 52
unit affordable housing project on an adjacent

Wilshire
Hollywood & Public
Center I Alley Conversion Program improving aUey for pedestrian safety and use $150,000
Central Improvement
Koreatown
A consultant team will conduct audits of
existing buildings to create a database of a
Wilshire
Hollywood & Carbon Master Plan/Green Business sample set of existing buildings' energy
Center I $192,000
Central Building Retrofit Program Assistance usage, ways to reduce their energy usage, as
Koreatown
well as a financing mechanism to incentivize
building owners to rehabilitate their properties.

Wilshire
Hollywood &
Center I Eco Village Housing affordable housing development $300,000
Central
Koreatown
Wilshire
Hollywood & Public
Center I Wireless Camera System cooperation agreement with LAPD $360,000
Central Improvement
Koreatown
Wilshire
Hollywood &
Center I Carolyn Serverance Manor Housing affordable housing development $740,000
Central
Koreatown
Wilshire Transfer of $850,000 from CRA/LA to ass for
Hollywood & 5th Street and Western Public
Center I the widening of s" Street and Western $850,000
Central Avenue Street Widening Improvement
Koreatown Avenue to incentlvize develooment.
Wilshire th
Hollywood & 6 Street Public Public streetscape along major corridor including
Center I $850,000
Central Improvements Improvement trees and art work
Koreatown
Wilshire
Hollywood & 8th Street Public Public streetscape along major corridor including
$850,000
Center I
Central Improvements Improvement trees and art work
Koreatown
Wilshire Street widening at the northeast corner of
Hollywood & Western at 5th ~Street Public
Center I Western at 5th along the property frontage of $850,000
Central Widening Improvement
450 S. Western Avenue,
Koreatown

Page 12 of 19
ATIACHMENTA LIST OF ACTIVITIES
(INCLUDING PROGRAMS, PROJECTS ~ ~
~ ~~ , ~ ~~
,
Project
Region Project Area Project Name Description eRA/LA Investment
Category
~- ~~
--- ~ , ~ ~ ~ , ~ _h ~ __ ~ ~ ~~ __ = ~~ "~ "
~ ~ ~
~~~~ ,

Wilshire
Hollywood & Western Avenue Public Public streetscape along major corridor including
Center I $1,000,000
Centra! Improvements Improvement trees and art work
Koreatown
Wilshire CRAJLA acquired the 3,648 sq ft vacant lot for
Hollywood & Open Space I
Center I Wilton Place Park $640,000 on January 25, 2008. The $1,175,000
Central Parks
Koreatown construction drawings have been completed.

Juanita Villas, a permanent supportive


housing project to be developed by People
Assisting the Homeless (PATH) and the
Wilshire Related Companies, is located at 335 339 w

Hollywood &
Center I Juanita Villas Housing Juanita Avenue, Los Angeles, CA 90004. $1,500,000
Central
Koreatown Once the project is constructed, it will include
49 single room occupancy (SRO) units for
homeless, disabled, and low income

Wilshire
Hollywood & Vermont Avenue Public Public streetscape along major corridor including
Center I $2,000,000
Central Improvements Improvement trees and art work
Koreatown
The project is being developed by the
Koreatown Senior and Community Center,
Inc. and the Korean American Federation of
Wilshire Koreatown Senior and
Hollywood & Community Los Angeles. The CRA/LA staff anticipates
Center I Community Center I $3,000,000
Central Facility seeking authorization from the Board of
Koreatown Madang Project
Commissioners soon to enter into a $1.3
million community service grant for this senior
citizen center in heart of Koreatown.

Wilshire
Hollywood & KRC/Kingsley Senior
Center I Housing affordable housing development $3,000,000
Central Apartments
Koreatown
Wilshire
Hollywood & affordable housing component of mixed
Center I Wilshire Gateway Housing $3,000,000
Central income development
Koreatown
Acquisition of municipal lot 692 (sw corner of
Wilshire
Hollywood &
Center I
s'" Street
and Vermont Public 6th Street and Vermont) from LA GSa for the $3,170,000
Central Avenue Acquisition Improvement purpose of a Korean American Museum or
Koreatown
Cultural "onto'
Acquisition of real property from the Dept. of
Wilshire LADOT Municipal Parking
Hollywood & Community General Services for the development of a
Center I Lot 692 (6th Avenue and $3,174,000
Central Facility new Korean American Museum, located at
Koreatown Vermont)
601 South Vermont Avenue.
Wilshire
Hollywood & Olympic Boulevard &
Center / Housing affordable housing development $3,250,000
Central Catalina Street
Koreatown
A 52~unit affordable housing development
Wilshire that will be located at 1037-1053 S. New
Hollywood & New Hampshire Family
Center / Housing Hampshire Avenue. The 23,640 SF lot will $3,575,000
Central Apartments
Koreatown also include approximately 3,000 SF of social
service soace.
Wilshire
Hollywood &
Center / 979 Serrano Avenue Housing affordable housing development $4,000,000
Central
Koreatown
A significant streetscape project which
includes: pedestrian Improvements at
intersections, pothole/sidewalklcurb/gutter
Wilshire repairs, and pedestrian lighting,
Hollywood & Olympic Boulevard Public
Center / trash/recycling bins both ends of every block, $4,000,000
Central Streetscape Improvement
Koreatown trees, and other elements to eliminate blight in
the public infrastructure. The thoughtful
design emphasizes elements prevalent within
the Korean culture.

Wilshire
Hollywood & 79 unit family affordalbe housing development
Center / 1011 Serrano Avenue Housing $5,000,000
Central proposed by Affrimed using bounus densitiy.
Koreatown

Page 13 of 19
ATIACHMENTA LIST OF ACTIVITIES
~ ~ ~ (INCLUDING PROGRAMS, PROJECTS ~,~" --~"<~- ~
Project
Region Project Area Project Name Description eRA/LA Investment
- ~-
Wilshire
- ~ , ~~ - , ~
Category
~ , - - -~- ~ ~~ ~ ~--- "~~ -~"-~ -~'"~~-~ -~~ "- --- ~ ~-
Hollywood & 6th Street and Normandie
Center I Housing affordable housing development $5,000,000
Central Mental Health Housing
Koreatown
Wilshire
Hollywood & Scattered site, 67-unit senior affordable
Center I LOK Senior Apartments Housing $5,000,000
Central housing project. Board approved.
Koreatown
eRA/LA Board and Council approved a $5.25
Wilshire
Hollywood & million loan for relocation of the existing
Center I Normandie Terrace Housing $5,250,000
Central tenants and the new construction of 66-units
Koreatown
of affordable housinu.
New z-story approx 30K SF community
Wilshire
Hollywood & Community recreational facility w/adjacent a-story parking
Center I YMCA $6,000,000
Central Facility structure (w/teen center on roof of parking
Koreatown
structure) built to LEED Silver standards.

Wilshire
Hollywood & Open Space / acquisition, design, construction and
Center I 7th and Hobart Park $7,000,000
Central Parks maintenance of public park
Koreatown
Wilshire
Hollywood & Open Space / 7th and Hobart - acquisition, design and
Center I Prop 84 Parks $7,000,000
Central Parks development neighborhoood park
Koreatown
Wilshire
Hollywood & Community Construction of a community facility in order
Center I Korean American Museaum $7,500,000
Central Facility to reflect the cultural diversity of community
Koreatown
Wilshire
Hollywood & Community land acquisition and building of parking
Center I Korean Boys & Girls Club $9,000,000
Central Facility facilities
Koreatown
Wilshire
Hollywood & Korean American Community land acquisition and buildinq of parking
Center I $10,000,000
Central Community Center Facility facilities
Koreatown
Wilshire
Hollywood & Open Space I development of a public park to serve the
Center I Hoover and Wilshire Park $12,000,000
Central Parks surrounding community
Koreatown
Wilshire commerical development on the southeast
Hollywood & Wilshire I Normandie Retail
Center / Commercial corner of Wilshire and Normandie; office and $15,000,000
Central Project
Koreatown reuional retail
Wilshire 450 rental units and 40,000 sq.ft. of ground
Hollywood &
Center / Wilshire Vermont Mixed use Mixed Use floor retail. We should also add $7 million to $17,500,000
Central
Koreatown Ihe 7th and Hobart Dark site oer CDlO,
Acquisition of strategic commercial site for
Wilshire Acquisition of
Hollywood & disposition and development of a mixed use
Center / HooverlWilshire for mixed Mixed Use $20,000,000
Central project. Includes $5,000,000 of Prop 84 funds
Koreatown use development
for acquisition of park area on site.

Wilshire
Hollywood & Wllshlre/Normandle Retail
Center / Mixed Use project with retail component and housing $20,000,000
Central Project
Koreatown

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


6th Street Public Improvements - $4,000,000;
Western Avenue Public Improvements -
Wilshire $10,000,000; Vermont Avenue Public
Hollywood & Public Improvements - $12,000,000; Alley
Center / Streetscape Projects $31,800,000
Central Improvement
Koreatown Conversion Program - $150,000; Parkway
Conversion Program - $150,000; Industrial
Core Beautification Program ~$600,000, Alley
Conversion Program $150,000 Parkway
Conversion Program, $150,000, Industrial
Core Beautification Prooram $600,000

Los Angeles Beacon Public Develop off-site parking locations and trolley
Trolley Service $1,000,000
Harbor Street Improvement service around Port and DT San Pedro

provide subsidy to 80/20 deal or other project


Los Angeles Beacon
Affordable Rental Project Housing outside Beacon Street boundaries that will $5,000,000
Harbor Street
orovide additional famllv housina

Page 14 of 19
ATIACHMENTA LIST OF ACTIVITIES
INCLUDING PROGRAMS PROJECTS
0 0 ~~ 0 ~ ~ 0
~ 0
~ ~ ~ ~ 0 ~
Project
Region Project Area Project Name Description ORA/LA Investment
CategorY
" " " 0
" "" - ~~"~~~-~~~ 0" 0 0

"'
~~
~~ ~o

Los Angeles Beacon ubllc


Parking Garage Acquisition construction of parking garage $30,000,000
Harbor Street Imorovement

Two-phased project consisting of E Street


Los Angeles LA 3200 Alameda Harry Public Gateway, Eubank Gateway, and landscaped
LA Harbor $2,400,000
Harbor Bridges Landscape Buffer Improvement bugger along Alameda from Anaheim to Harry
Bridges.

Design and update website promoting


LA Harbor &
Los Angeles Web site updating & grant Wilmington Industrial Area & develop grant
Wilmington Industrial $200,000
Harbor writing applications for funding of public
Industrial
improvements and other competitive projects

LA Harbor & Remediation of contaminated property and


Los Angeles Block 27 Industrial
Wilmington Industrial major expansion of existing cold storage $300,000
Harbor Development
Industrial business.

LA Harbor & Design and construct traffic safety devices for


Los Angeles Public
Wilmington E Street and MacFarland train tracks along this street and vacate the $700,000
Harbor Improvement
Industrial street for vehicular use
LA Harbor & Acquire land outside project area to develop
Los Angeles
Wilmington Affordable Rental project Housing more affordable family housing in the $1,400,000
Harbor
Industrial Wilminaton Area
LA Harbor &
Los Angeles Land Lecourveur for sale
Wilmington Housing For sale affordable housing $1,500,000
Harbor project
Industrial
LA Harbor &
Los Angeles Implement a soft second program for the
Wilmington Soft Second Program Housing $2,000,000
Harbor Wilmington Area
Industrial
LA Harbor & Design improvements to prevent flooding
Los Angeles Alameda Storm Drain
Wilmington Plans & Studies along Alameda (includes adding storm drains $2,500,000
Harbor Improvements
Industrial and street reconstruction'
LA Harbor &
Los Angeles Assist in acquisition of land and development
Wilmington Block 22,23,24 (a-acre site) Industrial $5,000,000
Harbor for up to 75,000 square feet of new industrial
Industrial

LA Harbor &
Los Angeles New construction of industrial development in
Wilmington Block 25 Industrial $5,000,000
Harbor the Wilmington Area (at least 3 acres)
Industrial

LA Harbor & Eubank/Alameda


Los Angeles New construction of industrial development in
Wilmington Opportunity Site (Block 38, Industrial $5,000,000
Harbor the Wilmington Area (at least 5 acres)
Industrial 45, and 54)

LA Harbor & Design, obtain permits and construct street


Los Angeles Improve all Unimproved Public
Wilmington improvements along Banning, Lecourveur, $7,000,000
Harbor Streets in Wilmington Improvement
Industrial Lakme, Pioneer, Quay, F Street and C Street

LA Harbor &
Los Angeles Quay/Banning Opportunity New construction of industria! development in
Wilmington Industrial $10,000,000
Harbor Sites (Block 15, 30 and 31) the Wilmington Area (at least 8 acres)
Industrial

Los Angeles Pacific Commerical incentive loans for retenanting


222 W. 6th Street Industrial $2,000,000
Harbor Corridors buildina
Los Angeles Pacific Develop theater as prominent venue for
Grand Vision Theater Commercial $2,000,000
Harbor Corridors events, etc.

Los Angeles Pacific 3rd and Pacific Affordable Development of affordable family housing with
Housing $2,500,000
Harbor Corridors Housing ground floor community space.

Page 15 of 19
ATIACHMENTA LIST OF ACTIVITIES
INCLUDING PROGRAMS, PROJECTS)
, , , , , , , ~
Project
Region Project Area Project Name Description CRAfLA Investment
Category
,
"
, , , ~ ~v~ , , , , " , ' , , , , ,
'- - - ~- ~ -,
Improvements to Oliver Street pedestrian
Los Angeles Pacific overpass across Gaffey Street at the 110
Public
Gaffey Street Bridge Freeway, and development of adjacent open $3,500,000
Harbor Corridors Improvement
space to enhance primary gateway to
Downtown San Pedro.
Los Angeles Pacific Home Rehabilitation Assist with rehabilitation of historic homes in
Housing $5,000,000
Harbor Corridors Prooram Vineaar Hill Area

Los Angeles Pacific Various programs and project to attract new


Retail Attraction Program Commercial $5,000,000
Harbor Corridors retail to vacant space along Pacific Avenue.

Develop neighborhood shopping center


Los Angeles Pacific Neighborhood Shopping across from the cruise terminal on Caltrans
Commercial $10,000,000
Harbor Corridors Center and privately owned property (at least 8
acre~)
Los Angeles Pacific Indentify and acquire at least 2 blocks within
Opportunity Sites Commercial $17,000,000
Harbor Corridors DT San Pedro for mixed use development

Mixed-use development consisting of 2,800


South Los Broadway
Milan Affordable housing Housing sq. ft. of commercial, with 16 affordable $1,000,000
Angeles Manchester
townhouse units.
South Los Broadway Sheenway Heritage Charter Community 30,400 sq. ft. Charter High School with 61
$1,000,000
Anaeles Manchester Htch School Facilitv surface oarkina spaces.
Proposed mixed-use development to consist
of supermarket, senior affordable rental units,
South Los Broadway and detached for-sale town homes. AMCAL is
94th & Broadway Mixed Use $291,800
Angeles Manchester the master developer Current DDA with
AMCAL consists of antiquated project
description of only for-sale housing.

Provide assistance to industrial companies


South Los Broadway Industrial Corridor
Industrial that are seeking to maintain, expand or $840,500
Angeles Manchester Business Improvements
relocate to the area

South Los Baldwin Hills Crenshaw


Crenshaw Commercial Multi-phase redevelopment of regional mall $1,000,000
Anaeles Mall
South Los Crenshaw Corridor Prop 1C Public Funds awarded by state for Public
Crenshaw $14,000,000
Angeles Public Improvements Improvement improvements

South Los Community Phased renovationl reconstruction of historic


Crenshaw Vision theater $1,000,000
Anaeles Facilitv facilitv.
Develop streetscape, public art and transit
South Los Public plan for Crenshaw Blvd, working with other
Crenshaw Crenshaw Transit Corridor $30,000
Angeles Improvement departments such as Metro, City Planning, LA
DOT, etc.

Expand Business Improvement District north


South Los Business Improvement Business
Crenshaw into Mid City Project Area and South into $45,000
Angeles District Assistance
Crenshaw Slauson

South Los
Crenshaw Buckingham Housing Senior Affordable housing Development $276,900
Anaeles

South Los 22-acre site slated for mixed-use


Crenshaw Marlton Square Mixed Use $1,977,000
Angeles development

Expand BUsiness Improvement District north


South Los Crenshaw Business Improvement Business
into Mid City Project Area and South into $500,000
Angeles Slauson District Assistance
Crenshaw Slauson

Page 16 of 19
ATIACHMENTA LIST OF ACTIVITIES
~ ~~ (INCLUDING PROGRAMS ~ PROJECTS
~ "
' ~, , , , ,
e
,
Project
Region Project Area Project Name Description CRAILA Investment
Category
- ~"- ~ ~ fu ,~"" ~<~ ~~ ~ " ~" "
~ ~,
~"~-" :;; , , ~
" ", ~ , , " ~,
~~ ,

Develop streets cape, public art and transit


South Los Crenshaw Public plan for Crenshaw Blvd, working with other
Crenshaw Transit Corridor $100,300
Angeles Slauson Improvement departments such as Metro, City Planning, LA
DOT, etc,
South Los Crenshaw Business Grants to food providers to expand or
Healthy Food Initiative $250,000
Anaeles Slauson Assistance renovate orooertv
South Los Crenshaw Business
Renew Program Market conversion $250,000
Anaeles Slauson Assistance
South Los Crenshaw Former library site, slated for residential
Hyde Park Library Site Housing $332,900
Anaeles Slauson develooment.
On-going program to provide facade
South Los Crenshaw Business Incentive Business improvement grants for commercial
$1,000,000
Angeles Slauson Program Assistance businesses along Slauson and Crenshaw
Blvd.

Exposition I Mixed use development consisting of 30 units


South Los 511 West 31 st Street Mixed
University Mixed Use with 865 sq. ft. of commercial space and 63 $500,000
Angeles Use
Park parking spaces.

Exposition /
South Los A 32 one-bedroom Project for senior citizens
University Stovall Villa Housing $250,000
Angeles including a
Park
The mixed-use project consists of 83,000
Exposition I
South Los square feet of commercial use on the first
University University Gateway Mixed Use $500,000
Angeles floor, 421 dwelling units and 770 on-site
Park
Ioarkino spaces at
Exposition I
South Los Development of a master plan to build out the
University USC Master Plan Plans & Studies $150,000
Angeles USC campus
Park
Exposition /
South Los Vermont Seniors Project is a new 140 unit senior housing
University Housing $1,000,000
Angeles Apartments development
Park
Casa de Rosas is a transitional shelter,
consisting of 18 shelter beds and 32 SRO
Exposition I
South Los Community units for very low income individuals. The
University Casa de Rosas $795,900
Angeles Facility building was recently acquired by eRA/LA
Park
through a foreclosure permanent
owner/onerator.
Improve pedestrian access to the new Expo
Exposition / 2009 MTA Call for Projects Ught Rail station on Vermont Avenue by
South Los Public
University and Figueroa Corridor Prop. Installing sidewalks, landscaping and lighting $1,000,000
Angeles Improvement
Park 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 /
South Los Exposition Park Surplus the purpose to redevelop property into a
University Mixed Use $1,000,000
Angeles Library Site mixed-use or commercial project. Property is
Park
located across the street from USC.

Exposition / On-going program to provide facade


South Los Business Incentive Business
University improvement grants for commercial $1,600,000
Angeles Program Assistance
Park businesses.

Disposition and development of site into adult


South Los Community
Normandie 5 Engine House 18 art center for developmentally challenged $500,000
Angeles Facility
individuals
Construction of pedestrian and transit
amenities, including the installation and/or
South Los Public
Normandie 5 West Adams Streetscape enhancement of landscaping, gateway $150,000
Angeles Improvement
signage, crosswalks and bus stops, as well as
other necessarv work.

Page 17 of 19
ATIACHMENTA LIST OF ACTIVITIES

~ (INCLUDING PROGRAMS, PROJECTS)


"" "
Cc C
C
, , , c , c
"
c,
""":: ~ ~ -ee. , , , ,

Project
Region Project Area Project Name Description CRAJLA Investment
Category ,,
c " ~~-~ " ~~-=~ , "
-" " , '" , ,, ,
" " ~~~
~ " , '"" "~ , , , " , ,

Services provided by the Los Angles


South Los Public Conservation Corp include: sidewalk and
Normandie 5 Clean and Green Program $200,000
Angeles Improvement street cleaning; litter removal; remova! of
trash from receptacles; graffiti removal; etc.

South Los Development of approximately 50 units of


Normandie 5 Jefferson Park Terrace Commercial $678,500
Angeles affordable housing project on Fatburger Site

Onwgoing program to provide facade


South Los BUsiness Incentive Business
Normandie 5 improvement grants for commercial $1,300,000
Angeles Program Assistance
businesses.

Sidewalk, curb and gutter repair and tree


South Los Areawide Improvements Public
Normandie 5 pruning/removal in eastern portion of Project $1,760,000
Angeles Phase 1 Improvement
Area.
Potential amendments and merger to 7
existing project areas in South LA: Crenshaw,
South Los Plan Updates and Merger of Crenshaw/Slauson, Broadway/Manchester,
Region Wide Plans & Studies $600,000
Angeles 7 existing project areas Vermont/Manchester, Western/Slauson,
Normandie 5 and Exposition/University Park
Project Areas.

South Los 3D Simulation of Project UCLA urban simulation of Expo, Crenshaw


Region Wide Plans & Studies $700,000
Angeles Areas and Crenshaw Slauson

$15,000 conditional grants to eligible


Exterior Residential
South Los homeowners in participating project areas
Region Wide Rehabilitation Pilot Housing $1,900,000
Angeles (CR,CS,N5, WS, Expo, MC, and VM) for
Program (ERRP)
eligible exterior renovations.

South Los Vermont Business


Renew Program assistance for small business owners $200,000
Anoeles Manchester Assistance
Development of a community shopping center
South Los Vermont Vermont Manchester
Commercial w/grocery store and other ancillary retail $240,000
Angeles Manchester Shopping Center
stores.
CRA/LA is seeking to develop the site into a
South Los Vermont Johanna G. Sutton Library commercial/medical office use. Kaiser
Commercial $738,400
Angeles Manchester Site Permanente is building a $10 million, two-
storv medical office build inn nearbv.

Property sale or conveyance of CRA/LA


South Los Disposition of Surplus
Watts Plans & Studies owned parcels (project area to close out in $53,400
Angeles Property
2012)

Extension of affordable housing covenants at


South Los Extension of Affordable several housing complexes previously
Watts Housing $525,700
Angeles Housing Covenants developed in partnership with eRA/LA
Extensions to be realized throuoh one-time

South Los
Watts Wattstar Theatre Commercial 35,000 sq. ft. theatre & education center $598,000
Angeles

South Los
Watts MLK Jr, Shopping Center Commercial Renovation of 100,000 sq. ft. shopping center $1,541,000
Angeles

Page 18 of 19
ATTACHMENT A LIST OF ACTIVITIES
(INCLUDING PROGRAMS, PROJECTS)
7
,
- ~ -' ~
, - , - , , ~
Project
Region Project Area Project Name Description CRAILA Investment
Category
,
- " ~" _"~ M ~ ~

- ,
- , "
,
- ~ , M~ ~,,=~~_~"~~_~
~~ , ~ ~-) - ,- , ,

Development (of)
South Los Watts Open Space I
Opportunity Site at 10athl Redevelopment of half-acre vacant lot $500,000
Angeles Corridors Parks
Wilmington

South Los Watts Response to Housing Response to developer and property owner
Housing $525,000
Angeles Corridors Opportunities inquiries for affordable housing development

Implement first phase in a series of


South Los Watts Central Avenue Streetscape Public
Angeles Corridors Improvements Improvement streetscape improvements between 103fd 8t. $889,000
& Central Avenue.
Amendment to expand existing boundaries of
existing project area, extend the time period
South Los Watts Watts Corridors Plan for eminent domain in the existing project
Plans & Studies $895,000
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
$60,000
Anaeles Slauson District Assistance Industrial Business Park
South Los Western
ERRP Phase 2 Housing affordable housing projects $800,000
Anaeles Slauson
Construction of pedestrian pathways; park;
pedestrian bridge; decorative gates and
Reseda I Public
WestVa1!ey Reseda River Loop bikeways along the Los Angeles River $275,000
Canoga Park Improvement
confluence with Aliso Creek. Developer-
Trust for Public Lands
Adaptive reuse of 50-year old abandoned
theater and adjacent vacant lot, both are
Reseda I
West Valley Reseda Theater Mixed Use owned by CRA/LA. $1,000,000
Canoga Park

Reconstruction of alley ways in the Reseda


Reseda I West Valley Alley Public Business District to improve traffic circulation,
WeslValley $1,000,000
Canoga Park Reconstruction - Reseda Improvement access to businesses and neighborhood
aesthetics.

Beautification and reconstruction of medians


Reseda I Public and installation of new streetscape
West Valley Reseda Streetscapes $2,000,000
Canoga Park Improvement improvements in the Reseda Central
Business District.

Reseda I Open Space' Re-construction of 80 year old Reseda Park


West Valley Reseda Park Pool $2,280,000
Canoga Park Parks Pool.

77 unit multi-family affordable housing project;


Reseda I 18425 Kittridge Street
West Valley Housing located across from LA River; Developer- $4,000,000
Canoga Park Affordable Housing
Abode Communities.

Reseda I 73 unit multi-family affordable housing project;


West Valley Sherman Village Housing $4,400,000
Canoga Park LEED Silver; Developer - Meta Housing.

Rehabilitation of 42 unit multi-family


West Valley ~:~~d: ~ark The Crossings on Amigo Housing affordable housing apartment; Developer - $5,900,000
9 ~
~
Ub H •c
TOTAL: $1,074,255,900

Page 19 of 19
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 planning, 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 activitiesassociated with the Projects include but are not limited to acquisition and
disposition of property, development of design criteria, design, planning, 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 ofthe 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.

1. 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
,_ m Mr"",··- .- .• _.., ,- 'VMjf:tlt:(:"P "1'"
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 portion 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.

III. CITY'S OBLIGATIONS

1. 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 pnrpose 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 pnrpose, 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 Government 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 ofthe 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.

frsi\g~~ment is intended solely for the benefit of the Cityand the Agency. Notwithstanding
any reference in this Agreement to persons or entities other than the City and the Agency, there
shall be no third 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 the 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 perform an obligation required by this


Agreement within thirty (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 non-
defaulting 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 the 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 the 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
the 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, the City may eliminate any project identified in Exhibit I, in the
event that such project is deemed not reasonably feasible.

x. TERM

This Agreement shall remain in effect until 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.

"'1ilii!!W,,,,,,,, lttM_.W ,L3tflllllltiirr lEW"'" '=W"'" "'i;''''''''~~:.;:.:;;;,,-,-

Attest: CITY OF LOS ANGELES

By: _-=--=---:- _ By: _


City Clerk

Page 5
Attest: REDEVELOPMENT AGENCY OF THE
CITY OF LOS ANGELES

By: _ By: _
Secretary

APPROVED AS TO FORM:

By: By:
-=-~---------
City Attorney CRAJ·~L~A~G~e-n-er-a71C~oun-s~el-------
City Attorney

APPROVED AS TO FORM:
Kane Ballmer & Berkman

By: _

Agency Special Counsel

Page 6

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