COMMUNICATION FROM THE CITY ATTORNEY and ORDINANCE FIRST CONSIDERATION relative to creating a new signage supplemental use district for the Olympia Project located at 1001 Olympic Boulevard; 911-955 South Georgia Street; 1000-1016 West James M. Wood Boulevard; 936-950 South Bixel Street; and, 1013-1025 West Olympic Boulevard.

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

1. FIND, pursuant to California Environmental Quality Act (CEQA) Guidelines Section 15162, that no subsequent Environmental Impact Report (EIR) or subsequent mitigated negative declaration is required for the current discretionary approval where the whole of the administrative record demonstrates that no major revisions to the EIR are necessary due to the involvement of new significant environmental effects or a substantial increase in the severity of a previously identified significant effect resulting from changes to the project, changes to circumstances, or the existence of new information, and FIND that no addendum is required if no changes or additions to the EIR are necessary pursuant to CEQA Guidelines Section 15164.
   
   
2. ADOPT the FINDINGS of the Planning and Land Use Management Committee as the Findings of Council.
   
   
3. PRESENT and ADOPT the accompanying ORDINANCE dated November 20, 2019, establishing The Olympia Sign District pursuant to the provisions of Section 13.11 of the Los Angeles Municipal Code to  create a new signage supplemental use district for the Olympia Project, which is a mixed-used project consisting of up to 879 residential units, a 1,000-room hotel, and 40,000 square feet of commercial space within three towers. The project site is 3.26 acres in size and located at 1001 Olympic Boulevard; 911-955 South Georgia Street; 1000-1016 West James M. Wood Boulevard; 936-950 South Bixel Street; and, 1013-1025 West Olympic Boulevard.

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.

10 VOTES REQUIRED ON SECOND READING

(Planning and Land Use Management Committee waived consideration of the above matter)