ARTS, PARKS, HEALTH, AGING AND RIVER COMMITTEE REPORT relative to the feasibility of redeveloping the Griffith Park Adult Community Center.

Recommendation for Council action, pursuant to Motion (LaBonge - O'Farrell):

INSTRUCT the Department of Recreation and Parks to facilitate discussion with the Griffith Park Adult Club regarding the feasibility of redeveloping the Griffith Park Adult Community Center and to come up with recommendations not limited to adding a therapeutic senior pool, a space for exercise and identifying ways to better accommodate and meet the needs of seniors.

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.

ARTS, PARKS, HEALTH, AGING AND RIVER COMMITTEE REPORT relative to the negotiation of an agreement with the National Park Service in regard to the Juan Bautista de Anza National Historic Trail to promote shared recreational and educational objectives.

Recommendations for Council action, as initiated by Motion (O'Farrell - LaBonge):

1. INSTRUCT the City Engineer to negotiate a suitable agreement with the National Park Service relative to the Juan Bautista de Anza National Historic Trail along the Los Angeles River Trail to promote shared recreational and educational objectives, as further detailed in the text of the Motion, attached to the Council file, subject to the approval of the City Attorney as to form and legality.
   
   
2. INSTRUCT the City Engineer and all other affected entities to report to Council with a finalized agreement prior to execution to ensure that all respective Boards, if necessary, and outside entities affected, including, but not limited to, the County of Los Angeles, have been made aware of the agreement and all issues raised by their City or non-City entities have been addressed.

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.

AUDITS COMMITTEE REPORT relative to the Performance Audit of Los Angeles 3-1-1.

Recommendation for Council action:

NOTE and FILE the Controller's reports dated September 22, 2014 and May 12, 2014 relative to  the Performance Audit of Los Angeles 3-1-1.
  

Fiscal Impact Statement: Not applicable.

Community Impact Statement: None submitted.

HOUSING COMMITTEE REPORT relative to a request for a $2 million waiver of Payment in Lieu of Taxes (PILOT) for City programs and recreational services.

Recommendations for Council action:

1. APPROVE the waiver of the Housing Authority of the City of Los Angeles (HACLA) PILOT for 2015-16 totaling $2,000,000.
   
   
2. APPROVE the following PILOT funds expenditure plan; and, REQUEST HACLA to allocate the $2,000,000 in PILOT funds for 2015-16 to the following expenditures:    
      

   Expenditure Item	Amount
   Summer Youth Employment Program (SYEP)	$1,000,000
   Recreation Programs at Jordan Downs, Nickerson Gardens, Imperial Gardens, and Ramona Gardens	1,000,000
   Total:	$2,000,000

               
3. AUTHORIZE the Executive Director, HACLA, or designee, to:
   
   
   1. Expend up to $1,000,000 directly for the SYEP; and, request the Executive Director, HACLA, to report to Council every six months on the status of SYEP payments.
      
      
   2. Expend up to $1,000,000 directly for recreational programs at Jordan Downs, Nickerson Gardens, Imperial Gardens, and Ramona Gardens in conjunction with nonprofit organizations.

Fiscal Impact Statement Submitted:  The City Administrative Officer reports that there is an indirect positive impact to the General Fund as a result of approval of the recommendations in this report. If the Mayor and Council approve the waiver of the PILOT funds, HACLA agrees to provide $1,000,000 directly to nonprofit organizations to support recreational programs that are currently provided by the Department of Recreation and Parks. It is anticipated that the transition of these programs to nonprofit organizations will result in savings to the City. The recommendations in this report are in compliance with the City's Financial Policies as the one-time funds provided by HACLA for SYEP and recreational programming would be provided for expenditures associated with these programs.

Community Impact Statement:  None submitted.

ADOPTED

AMENDING MOTION (BUSCAINO - FUENTES)

Recommendation for Council action:

AMEND the Housing Committee report to replace each reference to Imperial Gardens with Imperial Court, per the request of the Housing Authority of the City of Los Angeles.

1630 West 3rd Street (Case No. 467010) Assessor I.D. No. 5153-007-017

165 South Mansfield Avenue (Case No. 483596) Assessor I.D. No. 5513-016-021

9825 North Sunland Boulevard (Case No. 348693) Assessor I.D. No. 2543-023-013

1192 East 41st Place (Case No. 8696) Assessor I.D. No. 5115-026-017

479 West Washington Boulevard (Case No. 300728) Assessor I.D. No. 4227-023-027

COMMUNICATION FROM VICE-CHAIR, PUBLIC SAFETY COMMITTEE relative to extending the term of the Los Angeles Police Department (LAPD) 2011 United States Department of Justice Community Oriented Policing Services (COPS) Child Sexual Predator Program grant award.

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

1. AUTHORIZE the Chief, LAPD, or designee, to accept the COPS no-cost extension for the 2011 Child Sexual Predator Program Grant, extending the grant term for three months, through April 30, 2015.
   
   
2. RESOLVE that continued position authority for three Police Officer II positions, Class Code 2214-2, is APPROVED and CONFIRMED, in compliance with the terms and conditions of the 2011 Child Sexual Predator Program grant for a three-month term from February 1, 2015 through April 30, 2015.
   
   
3. AUTHORIZE the LAPD to prepare Controller instructions for any necessary technical adjustments, subject to the approval of the City Administrative Officer (CAO); and, AUTHORIZE the Controller to implement the instructions.
   
   

Fiscal Impact Statement: The CAO reports that approving the above recommendations and acceptance of the grant term modification for the COPS 2011 Child Sexual Predator Program will authorize the LAPD to receive program cost and salary and fringe benefit reimbursement for three Police Officer positions for three additional months, from February 1, 2015 through April 30, 2015. The cost to retain the Police Officers through the remainder of the current fiscal year is $68,718 ($46,450 direct and $22,268 indirect costs) and will be a General Fund obligation. There is no impact to the General Fund as funding is available in the Department's current year budget to cover this cost. This action is in compliance with City financial policies in that grant funds and budgeted funds will cover the costs of the program and any remaining obligations.

Community Impact Statement: None submitted.

COMMUNICATION FROM VICE-CHAIR, PUBLIC SAFETY COMMITTEE relative to contracting authorities and budget modifications related to the United States Department of Homeland Security Fiscal Year (FY) 2014 Urban Areas Security Initiative (UASI) grant award.

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

1. AUTHORIZE the Mayor, or designee, to:
   
   
   1. Modify the existing grant budget for the FY 2014 UASI grant by reallocating funds between projects as described within the Mayor's report to Council dated May 12, 2015.
      
      
   2. Negotiate and execute, on behalf of the City, a sole source contract with Palantir Technologies, Inc., to integrate and license to the City an upgraded module to the Automated License Plate Reader analytic software program code named Thunderbird for a term of up to twelve months within the grant performance period, in an amount not to exceed $2,900,000, subject to the approval of the City Attorney as to form and legality.
      
      
   3. Negotiate and execute, on behalf of the City, a contract with a vendor to conduct a Gas Chromatograph / Mass Spectrometer training, for a term up to 12 months within the grant performance period, and for an amount not to exceed $15,100, subject to the approval of the City Attorney as to form and legality.
      
      
   4. Negotiate and execute, on behalf of the City, a contract with a vendor to design and develop an Emergency Management Training Center for a term of up to twelve months within the grant performance period in an amount not to exceed $100,000, subject to the approval of the City Attorney as to form and legality.
      
      
   5. Negotiate and execute, on behalf of the City, a sole source contract with Texas Engineering Extension Services to provide unified command training support for a term of up to twelve months within the grant performance period in an amount not to exceed $100,000, subject to the approval of the City Attorney as to form and legality.
      
      
   6. Negotiate and execute, on behalf of the City, a contract amendment with the City of Santa Monica to decrease their total contract by $139,302 for a total contract amount of $169,205, subject to the approval of the City Attorney as to form and legality.
      
      
   7. Negotiate and execute, on behalf of the City, a contract with a vendor to review environmental documentation relative to National Environmental Policy Act compliance for a term of up to twelve months in an amount not to exceed $99,999, subject to the approval of the City Attorney as to form and legality.
      
      

2. TRANSFER appropriations and create appropriation accounts within Fund 56Y, FY 2014 UASI, as follows:     
      

   	Fund/Dept No.	Account	Title	Amount
   From:	56Y/46	46L668	Partner Jurisdictions	$843,319
   	56Y/46	46L970	LAPD Grant Allocation	115,348
   			Total:	$958,667
   	Fund/Dept No.	Account	Title	Amount
   To:	56Y/46	46L138	Fire	$170,000
   	56Y/46	46L938	LAFD Grant Allocation	738,334
   	56Y/46	46L946	Grant Management & Admin	50,333
   			Total:	$958,667

             

3. TRANSFER appropriations within Fund 56Y, FY 2014 UASI to the General Fund to reimburse the General Fund for FY 2014 UASI, as follows:
   
   

   	Fund/Dept No.	Account	Title	Amount
   From:	56Y/46	46L138	Fire	$170,000
   	Fund/Dept No.	Account	Title	Amount
   To:	100/38	001098	Overtime Variable Staffing	$170,000

     
4. AUTHORIZE the Mayor, or designee, to prepare Controller instructions for any technical adjustments, subject to approval of the CAO, and AUTHORIZE the Controller to implement the instructions.
   
   

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

Community Impact Statement: None submitted.

COMMUNICATION FROM VICE-CHAIR, PUBLIC SAFETY COMMITTEE relative to the 2014 Paul Coverdell Forensic Science Improvement Program grant award for use by the Los Angeles Police Department's (LAPD) Scientific Investigation Division.

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

1. AUTHORIZE the Chief, LAPD, or designee, to:
   
   

   1. Retroactively apply for and accept the 2014 Paul Coverdell Forensic Science Improvement Grants Program in the amount of $84,326 from the California Governor's Office of Emergency Services for the period October 1, 2014 through August 31, 2015.
      
      
   2. Negotiate and execute the Program Agreement on behalf of the City for the period October 1, 2014 through August 31, 2015 and submit all necessary documents relative to the grant award and to negotiate, execute, and submit any other necessary agreements and documents relative to the grant, subject to the approval of the City Attorney as to form and legality.
      
      
2. AUTHORIZE the LAPD to:
   
   
   1. Submit grant reimbursement requests to the granter and deposit grant receipts in the Police Department Grant Trust Fund No. 339/70.
      
      
   2. Spend up to the total grant amount of $84,326 in accordance with the grant award agreement.
      
      
3. AUTHORIZE the Controller to:
   
   
   1. Establish a grant receivable in Fund 339 in the amount of $84,326 and establish an appropriation account, account number to be determined, within Fund 339/70 for the receipt and disbursements of Program funds.
      
      

   2. Increase appropriations on an as-needed basis from Fund No. 339/70, appropriation account number to be determined, to Fund No. 100/70, account numbers and amounts, as follows:
             

      Account	Title	Amount
      001090	Overtime	$75,603

       
4. AUTHORIZE the LAPD to prepare Controller's instructions for any technical adjustments, subject to the approval of the City Administrative Officer (CAO); and, AUTHORIZE the Controller to implement the instructions.
   
   

Fiscal Impact Statement: The CAO reports that this action will not impact the General Fund. Acceptance of the grant is in compliance with City financial policies as one-time revenue will be used for one-time expenses.

Community Impact Statement: None submitted.

COMMUNICATION FROM VICE-CHAIR, PUBLIC SAFETY COMMITTEE relative to the California Office of Emergency Services (Cal OES) Victim Assistance Program Supplemental Funding grant augmentation.

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

1. APPROVE and AUTHORIZE the City Attorney, or designee, to:
   
   
   1. Execute an amendment to the contract between the City and the County of Los Angeles for the Fiscal Year (FY) 2014-15 Victim Assistance Program, to increase the contract amount by $51,118 from $993,333 to $1,044,451 for the period July 1, 2014 to June 30, 2015, subject to the approval of the City Attorney as to form and legality.
      
      
   2. Accept additional grant funding in the amount of $51,118 from the County of Los Angeles for the FY 2014-15 Victim Assistance Program.
      
      
2. AUTHORIZE the Controller to:
   
   
   1. Increase the receivable within Fund 368 for the FY 2014-15 Victim Assistance Program in the amount of $51,118.
      
      
   2. Increase appropriation account 12L301 - Victim Assistance Program by $51,118.
      
      
3. TRANSFER up to $980,412 from Fund 368/12, Account 12L301 to Fund 100/12, Account 5301, Reimbursement from Other Funds / Depts upon receipt of grant funds for reimbursement of salaries and fringe benefits.
   
   
4. AUTHORIZE the City Attorney to prepare Controller instructions for any necessary technical adjustments subject to the approval of the City Administrative Officer (CAO); and, AUTHORIZE the Controller to implement the instructions.
   
   

Fiscal Impact Statement: The CAO reports that the total cost of the Victim Assistance Program is $1,358,922, of which $1,044,451 will be reimbursed by the County of Los Angeles for salaries, operating expenses, and fringe benefits. The General Fund impact will be $314,471 in related costs for central services and department administration. The acceptance of the use of the grant funds is consistent with City financial policies in that budgeted appropriations will be balanced against receipts expected from the continuation of the grant.

Community Impact Statement: None submitted.

COMMUNICATION FROM VICE-CHAIR, PUBLIC SAFETY COMMITTEE relative to the Port Security grant award for use by the Los Angeles Police Department (LAPD).

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

1. AUTHORIZE the Chief, LAPD, or designee, to:
   
   
   1. Retroactively apply for and accept the grant award of $1,713,135 from the United States Department of Homeland Security, Federal Emergency Management Agency, for the Port Security Grant Program for the period September 1, 2014 through August 31, 2016.
      
      
   2. Negotiate and execute the Cooperative Agreement and submit any necessary documents relative to the grant award, subject to the approval of the City Attorney as to form and legality.
      
      
2. AUTHORIZE the LAPD to:
   
   
   1. Submit grant reimbursement requests to the grantor and deposit grant receipts in Fund No. 339/70.
      
      
   2. Spend up to the total grant amount of $1,713,135 in accordance with the grant award agreement.
      
      
3. AUTHORIZE the Controller to set up a grant receivable and appropriate $1,713,135 to account number to be determined, within Fund No. 339/70, for the disbursements of 2014 grant funds.
   
   

4. INSTRUCT the City Clerk to place on the Council agenda on JULY 1, 2015, or the first meeting day thereafter, the following instruction:
   
   Authorize the Controller to increase appropriations from Fund No. 339/70, 2014 Port Security Grant, to Fund No. 100/70, account number and amount as follows:
   
   

   	Fund/Dept No.	Account	Title	Amount
   From:	339/70	TBD	2014 Port Security Grant	$484,720
   	Fund/Dept No.	Account	Title	Amount
   To:	100/70	001092	Overtime Sworn	$484,720

      
5. AUTHORIZE the LAPD to prepare Controller instructions for any technical adjustments, subject to the approval of the City Administrative Officer (CAO); and, AUTHORIZE the Controller to implement the instructions.
   
   

Fiscal Impact Statement: The CAO reports that approving the above recommendations will allow for the expenditure of the 2014 Port Security Grant Program award from the United States Department of Homeland Security, Federal Emergency Management Agency totaling $1,713,135. The grant requires a 25-percent match of $571,156, which will be satisfied with LAPD Communication Services Account funding ($31,250), Municipal Improvement Corporation of Los Angeles funds ($312,422), a donation from the Los Angeles Police Foundation ($69,133), and LAPD Salaries ($158,351). All of the funding sources for the 25-percent match, except for the donation from the Los Angeles Police Foundation, have been included in the Mayor's 2015-16 Proposed Budget. If Council does not approve one or more of these funding sources, the LAPD will identify an alternative funding source for the match and report back to the Council and Mayor with an updated report. Acceptance of the grant will have no additional impact on the General Fund. These actions are in compliance with City financial policies in that grant funds and special designated funds are sufficient to support grant activities.

Community Impact Statement: None submitted.

COMMUNICATION FROM VICE-CHAIR, PUBLIC SAFETY COMMITTEE relative to extending the term of the Los Angeles Police Department's (LAPD) 2012 United States Department of Justice, Office of Community Oriented Policing Services (COPS) Hiring Program grant.

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

1. AUTHORIZE the Chief, LAPD, or designee, to accept the COPS Division approval of a no-cost extension for the 2012 COPS Hiring Program grant, extending the term from May 31, 2015 to November 30, 2016.
   
   
2. AUTHORIZE the LAPD to prepare Controller instructions for any technical adjustments, subject to the approval of the City Administrative Officer (CAO); and, AUTHORIZE the Controller to implement the instructions.
   
   

Fiscal Impact Statement: The CAO reports that this action will not impact the General Fund. Approval of the above recommendations will allow for the full expenditure of the 2012 COPS Hiring Program grant award totaling $6,428,350. These recommendations are in compliance with City financial policies in that expenditure of grant funds is strictly limited to the mandates of the funding source.

Community Impact Statement: None submitted.

COMMUNICATION FROM VICE-CHAIR, PUBLIC SAFETY COMMITTEE relative to extending the term of the Los Angeles Police Department's (LAPD) 2009 United States Department of Justice, Office of Community Oriented Policing Services (COPS) Technology grant.

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

1. AUTHORIZE the Chief, LAPD, or designee, to accept the COPS Division approval of a no-cost extension of the 2009 COPS Technology grant, extending the term from March 10, 2015 to September 10, 2016.
   
   
2. AUTHORIZE the LAPD to prepare Controller instructions for any technical adjustments, subject to the approval of the City Administrative Officer (CAO); and, AUTHORIZE the Controller to implement the instructions.
   
   

Fiscal Impact Statement: The CAO reports that this action will not impact the General Fund. Approval of the above recommendations will allow for the full expenditure of the 2009 COPS grant award totaling $500,000. These recommendations are in compliance with City financial policies in that expenditure of grant funds is strictly limited to the mandates of the funding source.

Community Impact Statement: None submitted.

CONSIDERATION OF MOTION (PRICE - WESSON) relative to an economic development plan for City-owned property located at 703 and 703 1/2 West 40th Place / 704 West Martin Luther King Jr., Boulevard.

Recommendation for Council action:

INSTRUCT the Economic and Workforce Development Department, with the assistance of the Los Angeles Housing and Community Investment Department, Chief Legislative Analyst, and the Office of Council District Nine, to develop an economic development plan for City-owned property located at 703 and 703 1/2 West 40th Place / 704 West Martin Luther King, Jr., Boulevard (Assessor Property No. 5019-025-911 and 5019-025-912) including negotiating the terms and conditions of a sale of the property to any prospective developers in accordance with City policies and California Community Redevelopment Law.

Community Impact Statement:  None submitted.

(Economic Development Committee waived consideration of the above matter)

COMMUNICATION FROM THE CITY CLERK and RESOLUTION relative to the certified results of the votes cast at the General Municipal Election held on Tuesday, May 19, 2015.

Recommendation for Council action:

ADOPT the accompanying RESOLUTION relative to declaring the results of the votes cast at the City of Los Angeles General Municipal Election held on Tuesday, May 19, 2015, on the following matters submitted to the voters:

1. For the candidates for the Offices of Member of the Los Angeles City Council in District Number Four.
   
   
2. For the various candidates for the Offices of Member of the Board of Education of the Los Angeles Unified School District in District Numbers Three, Five and Seven.

Fiscal Impact Statement: The City Clerk reports that adopting the Resolution declaring the results of the City of Los Angeles General Municipal Election will have no impact on the General Fund, as the funds necessary to conduct the 2015 municipal elections are already included in the City Clerk's operating budget for Fiscal Year 2014-15.

Community Impact Statement: None submitted.

CONSIDERATION OF MOTION (BUSCAINO - ENGLANDER) relative to amending Section 63.101 of Article 3 of Chapter VI of the Los Angeles Municipal Code (LAMC) to include the Section 6.101.7 of Article 3 of Chapter VI of the LAMC to grant exemptions for Bureau of Sanitation (BOS) Environmental Enforcement vehicles to be affixed with special decals.

Recommendations for Council action:

1. REQUEST the City Attorney to prepare an Ordinance to amend Section 63.101 of Article 3 of Chapter VI of the LAMC to include Section 6.101.7 of Article 3 of Chapter VI of the LAMC to grant exemptions for BOS Environmental Enforcement vehicles to be affixed with special decals and lettering reflecting enforcement authority.
   
   
2. DIRECT the Department of General Services to affix decals or imprints to designated BOS vehicles as detailed in the Ordinance to be submitted by the City Attorney.
   
   

Community Impact Statement:  None submitted.

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

MOTION (BLUMENFIELD - BUSCAINO) relative to funding for the Los Angeles Conservation Corps Clean and Green Youth Program for various street maintenance efforts and services throughout Council District Three.

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

1. TRANSFER $50,000 in the Council District Three portion of the Street Revenue Fund No. 43D/50 to the Sanitation Fund 508/50, Revenue Source Code 530100, for allocation to the Los Angeles Conservation Corps for various street maintenance efforts and services in Council District Three and to be administered through the Bureau of Sanitation for the Summer-Winter Youth Employment Program to employ youth in Council District Three as further described in the text of this Motion.
   
   
2. DIRECT the Bureau of Sanitation to prepare the necessary documents with, and/or payment(s) to the Los Angeles Conservation Corp, as appropriate, in the above amount, from the above source, and for the above purpose, subject to the approval of the City Attorney as to form, if needed, and that the Council member of the District be authorized to execute any such documents on behalf of the City.
   
   
3. AUTHORIZE the Bureau of Sanitation to make any technical corrections or clarifications as necessary to the above fund transfer instructions in order to effectuate the intent of this Motion.

FINAL MAP OF TRACT NO. 60421-01, located at 12327-47 Addison Street westerly of Laurel Grove Avenue.

(Bond No. C-125113)

(Quimby Fee: $11,845)

Subdivider: Ilan Levy and Miriam Levy; Surveyor: Richard Prutz

FINAL MAP OF TRACT NO. 63625, located at 19601 West Nordhoff Street easterly of Corbin Avenue.

(Bond No. C-125668)

(Quimby Fee: $2,821,536)

Subdivider: Northridge City Center, LLC;  Surveyor: Robert Wheeler

ATTEST:  Holly L. Wolcott, CITY CLERK

By

          Council Clerk                                      PRESIDENT OF THE CITY COUNCIL

BUDGET AND FINANCE COMMITTEE REPORT, ORDINANCE FIRST CONSIDERATION, AND RESOLUTION relative to authorization to issue up to $160 million in General Obligation Refunding Bonds, Series 2015-A and add a section to the Los Angeles Administrative Code to create related special funds.

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

1. PRESENT and ADOPT the accompanying amended Ordinance dated June 1, 2015 to establish special funds for the administration of the bonds.
   
   
2. ADOPT the accompanying Resolution authorizing the issuance and sale of General Obligation Refunding Bonds in one or more series in an aggregate principal amount not to exceed $160 million to refund a portion of the City's outstanding general obligation bonds and the necessary documents required to complete the financing for the General Obligation Refunding Bonds, Series 2015-A, including a Preliminary Official Statement and the Escrow and Custodial Agreement.
   
   
3. AUTHORIZE the City Administrative Officer (CAO) to receive and open bids on the published sale date and to award the bonds to the bidder with the lowest True Interest Cost on behalf of the City, as described in the Notice Inviting Bids for the bonds.

Fiscal Impact Statement: The CAO reports that there is no fiscal impact on the General Fund as a result of the proposed General Obligation Refunding Bonds, Series 2015-A issuance because the proposed refunding bonds will be paid from ad valorem taxes levied upon all of the taxable properties within the City. The refunding of is expected to result in a net present value savings of approximately $7.1 million to property owners over the life of the bonds. This bond issuance meets the requirements of the City's Financial Policies.

Debt Impact Statement: The CAO reports that the issuance of the refunding bonds is currently projected to result in net present value savings of approximately $7.1 million in general obligation bond debt service over the life of the bonds.

Community Impact Statement: None submitted.

BUDGET AND FINANCE COMMITTEE REPORT AND RESOLUTION relative to authorizing the issuance of the 2015 Tax and Revenue Anticipation Notes (TRAN) for Fiscal Year 2015-16.

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

ADOPT the accompanying authorizing RESOLUTION, and related documents, authorizing the issuance of the 2015 TRAN in an amount not to exceed $1.45 billion.

Fiscal Impact Statement: The City Administrative Officer (CAO) reports that the proposed 2015 TRAN financing would result in estimated net savings of $21.2 million to the General Fund. The estimated total debt service cost is $1.42 billion and will be repaid from collected General Fund revenues and taxes.

Debt Impact Statement: The CAO reports that there is no impact to the City's debt capacity as this transaction represents a short-term borrowing to be repaid within the same fiscal year.

Community Impact Statement: None submitted.

BUDGET AND FINANCE COMMITTEE REPORT relative to the Year-End Financial Status Report (FSR) for Fiscal Year 2014-15.

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

1. APPROVE the recommendations of the City Administrative Officer (CAO) contained in the Year-End FSR dated May 28, 2015, attached to the Council file, and amended as follows:
   
   
   1. Amend Recommendation No. 2 of the Year-End FSR to reflect a transfer of $17,457,322.21 between accounts within various departments and funds as specified in the Revised Attachment 4, attached to the Council file, due to changes in the Los Angeles Police Department transfer amounts.
      
      
   2. Delete Recommendation No. 29(e) of the Year-End FSR relative to a Controller reappropriation.
      
      
2. AUTHORIZE the Controller to make the following transfers recommended by the Chief Legislative Analyst (CLA):
   
   From: AB 1290 Fund 53P Account No. 281209, CD 9 $200,000
   To: Council Fund 100/28, Salaries As Needed Account 001070, CD 9
   
   
3. INSTRUCT the Animal Services Department to report in the next Financial Status Report with a status update on the hiring of the positions for Animal License Canvassers.
   
   
4. INSTRUCT the Fire Department to report on the current Fire Prevention Bureau fleet and the proposed use of the 17 new non-emergency light electric vehicles to be purchased for the Fire Prevention Bureau (Year-End FSR recommendation no. 17).
   
   
5. AUTHORIZE the CAO and CLA to make technical corrections as necessary to those transactions included in this report to implement Mayor and Council intentions; and AUTHORIZE the Controller to make such corrections.

Fiscal Impact Statement: The CAO reports that approximately $9.23 million in expenditure shortfalls and major unbudgeted expenses are identified in this Year-End FSR. The actions in this report fully offset this shortfall. Transfers, appropriations and other adjustments totaling approximately $123.5 million are recommended in Sections 1, 2, 4, 8, and 9. This includes transfers of approximately $9.12 million from the Unappropriated Balance, Reserve for Economic Uncertainties, $25.7 million in Reserve Fund reappropriations, $25.94 million in prior year FMS ($25.6 million) and SMS ($0.34 million) encumbrances exempted from the General Fund Encumbrance Policy; and, $2.3 million in MICLA.

Debt Impact Statement: The CAO reports that in accordance with the City's Debt Management Policy, the City has set debt ceilings to use as a guide in evaluating the affordability for future debt. The debt ceiling for non-voter direct debt service as percent of General Fund Revenues is six percent. The City is currently at 4.6 percent.

Community Impact Statement: None submitted.

CONSIDERATION OF RESOLUTION (WESSON - HUIZAR) relative to establishing the City's position regarding AB 88 (Gomez), which seeks a sales tax exemption for energy or water efficient home appliances.

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

RESOLVE to include in the City's 2015-16 State Legislative Program SUPPORT for AB 88 (Gomez) which seeks to establish a sales tax exemption for energy or water efficient home appliances, purchased by a public utility, that is provided at no cost to low-income participants in order to further energy and water efficiency objectives.

Community Impact Statement: None submitted.

(Rules, Elections and Intergovernmental Relations Committee waived consideration of the above matter)

MOTION and RESOLUTION (O'FARRELL - LABONGE) relative to amending prior Council action of March 3, 2015 authorizing the Department of Recreation and Parks to apply for and receive a grant award from the State of California, Department of Housing and Community Development Housing-Related Parks Program for the 2014 Designated Program Year.

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

1. AMEND prior Council action of March 3, 2015 to reflect a revised grant amount of $700,000.
   
   
2. ADOPT the accompanying RESOLUTION indicating the revised grant amount of $700,000.

RESOLUTION (BONIN - WESSON) relative to the City's position regarding SB 593 (McGuire), allowing  for the regulation of Online Vacation Rental Businesses.

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

RESOLVE to include in the City's 2015-16 State Legislative Program SUPPORT for SB 593 (McGuire) that would allow for the regulation of Online Vacation Rental Businesses by ensuring local control.