CONTINUED CONSIDERATION OF HEARING COMMENTS and RESOLUTION pursuant to Tax Equity and Fiscal Responsibility Act of 1982 relative to the issuance of one or more series of revenue bonds or notes in an aggregate  principal amount not to exceed $25,000,000 for the purpose of financing the acquisition and rehabilitation of two affordable multi-family housing rental facilities known as Magnolia City Lights and Harbor City Lights (Project).

Recommendations for Council action, SUBJECT TO THE APPROVAL OF THE MAYOR:

1. HOLD a public hearing as required by Section 147(f) of the Internal Revenue Code of 1986 regarding the issuance of one or more series of revenue bonds or notes in an aggregate  principal amount not to exceed $25,000,000 to provide financing for the Project, located at 2885 Leeward Avenue, in the City of Los Angeles, Council District One and 527 West 127th Street, in the City of Los Angeles, Council District 15.
   
   
2. ADOPT the accompanying RESOLUTION approving the issuance of one or more series of revenue bonds or notes in an aggregate  principal amount not to exceed $25,000,000 on behalf of Levy Affiliated Holdings, LLC for the purpose of financing the acquisition and rehabilitation of two affordable multi-family housing rental facilities known as the Project.
   
   

(Scheduled pursuant to Council action of March 21, 2017)

(Continued from Council meeting of March 31, 2017)

CATEGORICAL EXEMPTION and COMMUNICATION FROM THE CITY ENGINEER relative to an offer to dedicate an easement for street purposes on the southerly sideline of Mulholland Highway west of Deronda Drive (Right of Way No. 36000-10042).

Recommendations for Council action:

1. FIND that the offer to dedicate an easement for street purposes on the southerly sideline of Mulholland Highway west of Deronda Drive (Right of Way No. 36000-10042) is categorically exempt from the California Environmental Quality Act of 1970 pursuant to Article III, Class 5(19) of the City's Environmental Guidelines.
   
   
2. ACCEPT the petitioner's offer to dedicate the easement for street purposes on the southerly sideline of Mulholland Highway west of Deronda Drive (Right of Way No. 36000-10042), as depicted on the Exhibit Map in the March 28, 2017 City Engineer report to Council.
   
   
3. AUTHORIZE the Board of Public Works to acquire the easement for street purposes on the southerly sideline of Mulholland Highway west of Deronda Drive (Right of Way No. 36000-10042), as depicted on the Exhibit Map in the March 28, 2017 City Engineer report.
   
   
4. INSTRUCT the City Clerk to forward a copy of the Council action on this project to the Real Estate Division of the Bureau of Engineering for processing.
   
   

Fiscal Impact Statement: The City Engineer reports that a $3,416.51 fee for processing this report was paid pursuant to Sections 7.3 and 7.41.1 of the Los Angeles Administrative Code. No additional City funds are needed.

Community Impact Statement: None submitted.

ENERGY AND ENVIRONMENT COMMITTEE REPORT, RESOLUTIONS and ORDINANCE FIRST CONSIDERATION relative to the issuance of Los Angeles Wastewater System Subordinate Revenue Refunding Bonds, Series 2017 (Green Bonds).

Recommendations for Council action, SUBJECT TO THE APPROVAL OF THE MAYOR:

1. ADOPT the accompanying TWENTY-FIRST SUPPLEMENTAL SUBORDINATE GENERAL RESOLUTION (Attachment A of the City Administrative Officer (CAO) report dated March 30, 2017, attached to the Council file), including various documents required to execute the transactions, and authorizes the CAO to take certain actions required to manage the transactions, including costs of issuance.
   
   
2. INSTRUCT the City Clerk to place on the Council agenda on April 19, 2017, or an alternate date as specified by the CAO, the adoption of (a) the TWENTY-SECOND SUPPLEMENTAL RESOLUTION (Attachment A of the CAO report dated April 4, 2017) to amend the Wastewater System Subordinate Revenue Bonds General Resolution and (b) the TWENTY-NINTH SUPPLEMENTAL RESOLUTION (Attachment B of the CAO report dated April 4, 2017) to amend the Wastewater System Revenue Bonds General Resolution.
   
   

3. PRESENT and ADOPT the accompanying ORDINANCE, dated March 22, 2017, providing for the issuance of subordinate bonds for the Wastewater System and amending Section 5.168.1 of the Los Angeles Administrative Code to add related special funds. 
   
   

4. AUTHORIZE the CAO to make technical changes to implement the intent of the Council and Mayor.
   
      

Fiscal Impact Statement:  The CAO reports that there is no impact to the General Fund as a result of the recommended Los Angeles Wastewater System Subordinate Revenue Refunding Series 2017 bond issue.  The debt service on the Wastewater System Revenue Bonds is paid from the Sewer Construction and Maintenance Fund.  The costs of issuance will be paid from bond proceeds.  The CAO also notes that there is no impact to the General Fund as a result of the Supplemental Resolutions.

Debt Impact Statement:  The CAO also reports that there is no debt impact to the City's General Fund from the approval of the recommendations in the CAO report as debt service on Wastewater System Revenue Bonds (including the Series 2017 Bonds) are paid from the Sewer Construction and Maintenance Fund.  The issuance of approximately $229 million in Series 2017 -A bonds (new money for future capital needs) is currently expected to result in the City paying a total of approximately $459 million, including $230 million in interest, over 30-years at a True Interest Cost of approximately 3.85%.  The average annual debt service of $15.28 million over the 30-years for these bonds will be paid from the Sewer Construction and Maintenance Fund.  The proposed refunding transactions (the Series 2017-B and 2017-C (Taxable) bonds) are expected to generate savings of approximately $21.8 million over the life of these bonds for the Sewer Construction and Maintenance Fund.  These borrowing amounts and interest rates are based on current market conditions.  Actual borrowing amounts and interest rates are subject to change based on market conditions at the time that the Series 2017 Bonds are sold.  The CAO notes there is no debt impact to the City’s General Fund as a result of the Supplemental Resolutions.

Community Impact Statement:  None submitted.

ENERGY AND ENVIRONMENT COMMITTEE REPORT relative to a request for an ordinance to authorize a competitive sealed proposal for the Hyperion Water Reclamation Plant Advanced Purification Facility Project and to include a local, small business enterprise bid preference for that progressive-design-build contract.

Recommendations for Council action, pursuant to Motion (Martinez - Huizar):

1. AUTHORIZE a competitive sealed proposal for the Hyperion Water Reclamation Plant Advanced Purification Facility Project.
   
   
2. INCLUDE a local, small business enterprise bid preference for that progressive-design-build contract.
   
   
3. REQUEST the City Attorney to prepare and present an Ordinance for these purposes.
   
   

Fiscal Impact Statement:  Neither the City Administrative Officer nor the Chief Legislative Analyst has completed a financial analysis of this report.

Community Impact Statement:  None submitted.

ENERGY AND ENVIRONMENT COMMITTEE REPORT relative to a proposed contract amendment with Northwest Excavating, Inc. (Northwest) for the construction of underground conduit substructures for the Scattergood-Olympic Cable A transmission line.

Recommendation for Council action:

CONCUR with the Board of Water and Power Commissioner's action of February 21, 2017, Resolution No. 20001, authorizing Amendment No. One to Contract No. 7422 with Northwest to extend the contract term by one year resulting in a total term of four years expiring in December 2017 and to increase the expenditure authority by $4,310,000 resulting in a total not to exceed $52,307,549, for the construction of underground conduit substructures for the Scattergood-Olympic Cable A transmission line.

Fiscal Impact Statement:  The City Administrative Officer reports that  approval of the proposed of the proposed resolution will increase the existing expenditure authority by $4.31 million affecting the Los Angeles Department of Water and Power Power Revenue Fund.  There is no fiscal impact to the City General Fund.

Community Impact Statement:  None submitted.

TIME LIMIT FILE - APRIL 24, 2017

(LAST DAY FOR COUNCIL ACTION - APRIL 21, 2017)

PERSONNEL AND ANIMAL WELFARE COMMITTEE REPORT relative to the exemption of one Assistant General Manager and three Executive Assistants to the General Manager, Los Angeles Department of Water and Power (LADWP) for the LADWP, from the Civil Service provisions of the City Charter.

Recommendation for Council action:

APPROVE the exemption of one Assistant General Manager (Class Code 0151) and three Executive Assistants to the General Manager, LADWP (Class Code 0360) for the LADWP, from the Civil Service provisions of the City Charter, pursuant to Charter Section 1001(b).

Fiscal Impact Statement:  None submitted by the Mayor.  Neither the City Administrative Officer nor the Chief Legislative Analyst has completed a financial analysis of this report.

Community Impact Statement:  None submitted.

TIME LIMIT FILE - APRIL 7, 2017

(LAST DAY FOR COUNCIL ACTION - APRIL 7, 2017)

RULES, ELECTIONS, INTERGOVERNMENTAL RELATIONS, AND NEIGHBORHOODS COMMITTEE REPORT relative to a presentation and discussion with a delegation of Governors from the States of Mexico regarding issues of immigration, commerce, and cooperation.

Recommendation for Council action:

APPROVE the communication from the Council President, dated March 29, 2017, relative to a presentation and discussion with a delegation of Governors from the States of Mexico regarding issues of immigration, commerce, and cooperation.

Fiscal Impact Statement:  None submitted by the Council President. Neither the City Administrative Officer nor the Chief Legislative Analyst has completed a financial analysis of this report.

Community Impact Statement:  None submitted.

CONSIDERATION OF RESOLUTION (WESSON - BONIN) relative to the establishment of parking restrictions for oversize vehicles along both sides of Apple Street from South Marvin Avenue to South Sycamore Avenue in Council District 10.

Recommendations for Council action, pursuant to Resolution (Wesson - Bonin):

1. RESOLVE, pursuant to Los Angeles Municipal Code Section 80.69.4 and California Vehicle Code Section 22507, to hereby prohibit the parking of vehicles that are in excess of 22 feet in length or over seven feet in height, during the hours of 2:00 am and 6:00 am,  along both sides of Apple Street from South Marvin Avenue to South Sycamore Avenue.
                                                      
2. DIRECT the Los Angeles Department of Transportation (LADOT), upon approval of this action, to post signs giving notice of a Tow Away, No Parking restriction for oversize vehicles on the streets listed above in Recommendation No. 1.
              
3. AUTHORIZE the LADOT to make any technical corrections or clarifications to the above instructions in order to effectuate the intent of this Resolution.

Fiscal Impact Statement:  Neither the City Administrative Officer nor the Chief Legislative Analyst has completed a financial analysis of this report.

Community Impact Statement:  None submitted.

(Transportation Committee waived consideration of the above matter)

ENERGY AND ENVIRONMENT COMMITTEE REPORT relative to a request to discuss with its legal counsel pending litigation arising from the approval of the 2012 Municipal Separate Storm Sewer System (MS4) permit by the Regional Water Quality Control Board.

Recommendation for Council action:

REQUEST the City Attorney to provide on-going litigation monitoring with outside counsel.

Fiscal Impact Statement:  None submitted by the City Attorney.  Neither the City Administrative Officer nor the Chief Legislative Analyst has completed a financial analysis of this report.

Community Impact Statement:  None submitted.

(The City Council may recess to Closed Session, pursuant to Government Code Sections 54956.9(d)(1), (d)(2) and (d)(4), to confer with its legal counsel relative to the cases entitled:  City of Gardena v. Regional Water Quality Control Board, et. al, Case No. 30-2016-00833722-CU-WM-CJC; City of Duarte v. Regional Water Quality Control Board, et. al, Case No. 30-2016-00833614-CU-WM-CJC; Natural Resources Defense Council, Inc., et. al v. Regional Water Quality Control Board, et. al, Case No. BS156962; Los Angeles Waterkeeper v. California State Water Resources Control Board, et. al, Case No. BS163391.)

MOTION (MARTINEZ - KORETZ) relative to waiving review of the Board and Power Commissioners' approval of an Emergency Water Supply Agreement with the Metropolitan Water District of Southern California (MWD) to allow the MWD to take excessive runoff from the Los Angeles Aqueduct through March 31, 2018.

MOTION (ENGLANDER - CEDILLO) relative to prohibiting the parking of oversize vehicles in Chatsworth.

MOTION (RYU - O'FARRELL) relative to the issuance of one or more series of revenue bond in an aggregate principal amount not to exceed $19,100,000 for the purpose of financing the Project located at 1116 North McCadden Place and 6725 Santa Monica Boulevard in Council District Four.

RESOLUTION (BONIN - BUSCAINO) relative to prohibiting the parking of oversize vehicles along Barnsley Avenue.

MOTION (PRICE - HARRIS-DAWSON) relative to accepting the offer by BYD Heavy Industries for  the loan of two electric buses and two drivers for use during the Earth Day event on April 22, 2017 at Exposition Park.

MOTION (HUIZAR - O'FARRELL) relative to celebrating Fiesta Broadway's 28th Anniversary as a kick-off celebration of Cinco de Mayo.

MOTION (HUIZAR - KREKORIAN) relative to funding for the installation of Rubberway material on the 1st Street section of the Evergreen Jogging Path in Council District 14.

Bonin, Englander, Harris-Dawson, Huizar, Krekorian, Martinez, O'Farrell, Price, Ryu and President Wesson (10); Absent: Blumenfield, Buscaino, Cedillo and Koretz (4)

ATTEST: Holly L. Wolcott, CITY CLERK

By:

              Council Clerk                             PRESIDENT OF THE CITY COUNCIL