Los Angeles City Council, Journal/Council Proceeding
Friday, October 19, 2018
JOHN FERRARO COUNCIL CHAMBER ROOM 340, CITY HALL 200 NORTH SPRING STREET, LOS ANGELES, CA 90012 - 10:15 AM

SPECIAL COUNCIL MEETING



(For further details see Official Council Files)

(For communications referred by the President see Referral Memorandum)

ROLL CALL
Members Present: Blumenfield, Bonin, Buscaino, Cedillo, Englander, Harris-Dawson, Huizar, Koretz, Krekorian, Martinez, O'Farrell, Price, Rodriguez, Ryu and President Wesson (15)
Items for which Public Hearings Have Been Held
ITEM NO.(12)12-0049-S5
12-0049-S5
CD 8

HOUSING COMMITTEE REPORT relative to extending the term of the Exclusive Negotiation Agreement with GTM Holdings LLC for the property located at 6527 Crenshaw Boulevard (APN 4006-018-901).

 

Recommendation for Council action, pursuant to Motion (Harris-Dawson - Bonin):

 

AUTHORIZE the General Manager, Los Angeles Housing and Community Investment Department (HCIDLA), or designee, to:

 

  1. Extend the term of the Exclusive Negotiation Agreement with GTM Holdings LLC for the property located at 6527 Crenshaw Boulevard (APN 4006-018-901) to April 19, 2019.

  2. Prepare and execute, in consultation with the City Attorney, any documents necessary to facilitate or implement such extension.

 

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.

 

 

Adopted - FORTHWITH, (15)
Whereupon the Council did adjourn.
SIGNATURE

ATTEST:  Holly L. Wolcott, CITY CLERK

 

 

By

          Council Clerk                                  PRESIDENT OF THE CITY COUNCIL