COMMUNICATION FROM THE DEPARTMENT OF GENERAL SERVICES and MUNICIPAL FACILITIES COMMITTEE REPORT TO BE SUBMITTED relative to authorization to receive and utilize insurance proceeds for fire response and recovery plan and to increase contract ceiling for CBRE, Inc. (CBRE) for property management and other related services.

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

1. AUTHORIZE the Controller to:
   
   
   1. Recognize additional receipts in the General Services Department (GSD) Fund 100, new Revenue Source Code No. TBD, Da Vinci Fire Insurance Proceeds, Account No. TBD, for any insurance funds issued to the City for the Figueroa Plaza - Da Vinci Fire.
      
      
   2. Appropriate these monies into the GSD Fund 100/40, Contractual Services Account No. 003040.
      
      
2. AUTHORIZE the Office of the Treasurer to:
   
   
   1. Open two checking accounts for the GSD to manage expenditures associated with the recovery and relocation response for the Figueroa Plaza - Da Vinci Fire.
      
      
   2. Open merchant accounts for the GSD to accept debit and credit card payments to be deposited into the designated revenue account.
      
      
3. AUTHORIZE the GSD to:
   
   
   1. Utilize the insurance funds released to the City for all necessary activity related to the recovery response for the Plaza - Da Vinci Fire, including but not limited to relocation of City staff and equipment, building repairs, cleaning and decontamination work and coordination functions.
      
      
   2. Increase the Fiscal Year 2014-15 contractual authority for CBRE for its property management services and related recovery activities at the Figueroa Plaza Towers by $3 million, from the current funding level of $6.26 million, to a total revised authority of $9.26 million.

    

Fiscal Impact Statement:  The GSD reports that it is anticipated that there will be no General Fund impact due to the insurance policy that the City carries for this event.

Community Impact Statement:  None submitted.

(Innovation Technology and General Services Committee waived consideration of the above matter)

ADOPTED

AMENDING MOTION (BLUMENFIELD - WESSON)

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

AUTHORIZE the City Administrative Officer to:

1. Wire insurance proceeds to the Figueroa Plaza Trustee, US Bank, per indenture, dated August 1, 2007, Section 6.08, for the payment of repair and construction expenses, as needed to comply with the terms of the bond indenture in place for said properties.
   
   
2. Prepare technical adjustments as needed to carry out the intent of this Council action; and, authorize the Controller to implement those technical adjustments.

COMMUNICATION FROM THE DEPARTMENT OF GENERAL SERVICES and MUNICIPAL FACILITIES COMMITTEE REPORT TO BE SUBMITTED relative to request to negotiate and execute a real property lease contract for departments displaced from 221 North Figueroa Street.

Recommendation for Council action:

AUTHORIZE the Department of General Services (GSD) to negotiate and execute a lease of up to 123,330 square feet for office space for a two-year term with the unilateral right to terminate starting with six months with a thirty day notice.

Fiscal Impact Statement:  The GSD reports that there is no anticipated impact to the General Fund as the City's insurance policy is anticipated to be used to cover this cost.

Community Impact Statement:  None submitted.

(Innovation Technology and General Services Committee waived consideration of the above matter)

CONSIDERATION OF RESOLUTION (LABONGE - CEDILLO) relative to implementation of the Emergency Parking Plan for Beachwood Canyon.

Recommendation for Council action, pursuant to Resolution (LaBonge - Cedillo):

DIRECT the Los Angeles Police Department, Los Angeles Fire Department, Los Angeles Department of Transportation, and other pertinent agencies, pursuant to California Vehicle Code Sections 21102.2 and 2100(a), and Los Angeles Municipal Code Section 80.36.9,  to immediately take the necessary actions to temporarily close public streets in the vicinity of the Hollywood Sign as and when it is deemed necessary, including, but not limited to the following peak times:  

1. December 25-31, 2014
   
   
2. January 1-4, 2015
   
   
3. February 14-16, 2015
   
   
4. March 7-8, 2015
   
   
5. March 14-15, 2015
   
   
6. March 20-22, 2015
   
   
7. March 28-31, 2015
   
   
8. April 3-5, 2015
   
   
9. May 23-25, 2015
   
   
10. All weekends in June 2015, July 2015 and August 2015
    
    
11. September 5-7, 2015

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)

ATTEST:  Holly L. Wolcott, CITY CLERK

By

          Council Clerk                                                     PRESIDENT OF THE CITY COUNCIL