146 East 93rd Street. (Lien: $2,361.27)

14940 West Magnolia Boulevard aka 14936 West Magnolia Boulevard. (Lien: $1,248.92)

15039 West Lassen Street. (Lien: $3,743.13)

1645 South Westmoreland Boulevard. (Lien: $2,430.88)

1665 West Martin Luther King, Jr. Boulevard aka 3994 South Western Avenue. (Lien: $1,898.23)

1751 East Slauson Avenue. (Lien: $10,497.27)

4361 West Camero Avenue. (Lien: $5,457.15)

303 North Pacific Avenue. (Lien: $5,162.08)

3423 West 43rd Place. (Lien: $4,089.25)

9571 South Grandee Avenue. (Lien: $8,707.62)

13840 West Bessemer Street.  (Lien: $1,135.64)

(Continued from Council meeting of August 18, 2015)

6229 East Roy Street.  (Lien: $2,273.86)

(Continued from Council meeting of August 18, 2015)

4901 West Marathon Street.  (Lien: $4,412.09)

(Continued from Council meeting of August 18, 2015)

CONTINUED CONSIDERATION OF TRANSPORTATION COMMITTEE REPORT relative to the reappointment of Ms. Andrea Martinez to the Board of Taxicab Commissioners.

Recommendation for Council action:

RESOLVE that the Mayor's reappointment of Ms. Andrea Martinez to the Board of Taxicab Commissioners for the term ending June 30, 2020 is APPROVED and CONFIRMED.  Ms. Martinez resides in Council District 13.  (Current Board gender composition: F=2; M=3)

Financial Disclosure Statement:  Completed.

Community Impact Statement:  None submitted.

TIME LIMIT FILE - SEPTEMBER 4, 2015

(LAST DAY FOR COUNCIL ACTION - SEPTEMBER 4, 2015)

(Continued from Council meeting of August 25, 2015)

CONTINUED CONSIDERATION OF INNOVATION, TECHNOLOGY AND GENERAL SERVICES COMMITTEE REPORT relative to a lease agreement for the Alameda Corridor Transit Authority easements on two City owned parcels associated with the implementation of the Alameda Corridor Project.

Recommendation for Council action, pursuant to Motion (Buscaino - Blumenfield):

INSTRUCT the Department of General Services, with the assistance of the City Attorney, to prepare and present document(s), including a draft ordinance, necessary to grant the Alameda Corridor Transit Authority easements on the following two City owned parcels associated with the implementation of the Alameda Corridor Project, Assessor Parcel Nos. 5168-014-904 and 5168-015-902.

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 the proposed execution of an agreement with Kern River Gas Transmission Company to provide long-term natural gas transmission service.

Recommendation for Council action:

CONCUR with the Board of Water and Power Commissioner's action of July 21, 2015, Resolution No. 016-019, authorizing the execution of Binding Request and Agreement BP 15-012 with Kern River Gas Transmission Company, to provide long-term natural gas transmission service for a contract term of fifteen years for an approximate annual cost of $7.7 million.

Fiscal Impact Statement:  The City Administrative Officer reports that approval of the Los Angeles Department of Water and Power (LADWP) request will decrease the expenditure authority by approximately $7.7 million annually for fifteen years from the Power Revenue Fund.  The proposed agreement complies with the LADWP's adopted financial Policies.  Approval of the proposed resolution will not impact the City General Fund.

Community Impact Statement:  None submitted.

TIME LIMIT FILE - SEPTEMBER 21, 2015

(LAST DAY FOR COUNCIL ACTION - SEPTEMBER 18, 2015)

ENERGY AND ENVIRONMENT COMMITTEE REPORT relative to a proposed agreement amendment with eLoyalty, LLC for software maintenance and support.

Recommendation for Council action:

CONCUR with the Board of Water and Power Commissioner's action of August 4, 2015, Resolution No. 016-030, authorizing Amendment No. Four to Agreement No. 47789 with eLoyalty, LLC to extend the contract term for one year with an additional one-year option and increase the amount not to exceed $15,398,350 for ongoing system maintenance and support, software and hardware upgrade, knowledge transfer and system improvements.

Fiscal Impact Statement:  The City Administrative Officer reports that  approval of the proposed agreement with eLoyalty, LLC will have no impact on the General Fund.  All expenditures for the agreement will be from the Los Angeles Department of Water and Power (LADWP) Power Revenue Fund and Water Revenue Fund. The amendment is consistent with the LADWP Financial Policies.

Community Impact Statement:  None submitted.

 TIME LIMIT FILE - OCTOBER 5, 2015

(LAST DAY FOR COUNCIL ACTION - SEPTEMBER 22, 2015)

ENERGY AND ENVIRONMENT COMMITTEE REPORT relative to a proposed agreement with the Los Angeles Cleantech Incubator, Inc. for the La Kretz Innovation Campus.

Recommendation for Council action:

CONCUR with the Board of Water and Power Commissioner's action of August 4, 2015, Resolution No. 016-032, authorizing a lease and management agreement between the Los Angeles Department of Water and Power (LADWP) and Los Angeles Cleantech Incubator, Inc., a 501(c)(3) non-profit organization, for operation and maintenance of the La Kretz Innovation Campus with a duration of 20 years with an option to extend up to an additional 10 years, for a total term of up to 30 years. 

Fiscal Impact Statement:  The City Administrative Officer reports that approval of the proposed resolution authorizes an annual expenditure of up to $895,000, for up to 30 years with a total cost of $26,850,000, for campus property management service from the Power Revenue Fund, Water Revenue Fund, and other grant funding received by the LADWP.  There is no impact to the City General Fund.  The proposed agreement complies with the Department's adopted Financial Policies.

Community Impact Statement:  None submitted.

TIME LIMIT FILE - SEPTEMBER 5, 2015

(LAST DAY FOR COUNCIL ACTION - SEPTEMBER 4, 2015)

PLANNING AND LAND USE MANAGEMENT COMMITTEE REPORT relative to expanding the boundaries of the Granada Hills Specific Plan, to include the commercially designated properties fronting the west side of Lindley Avenue.

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

1. INSTRUCT the Department of City Planning (DCP) to initiate the process to expand the boundaries of the Granada Hills Specific Plan, to include the commercially designated properties fronting the west side of Lindley Avenue between Chatsworth Street and Tribune Street.
   
   
2. INSTRUCT the DCP, in consultation with the City Attorney, to initiate the process to address legal non-conforming uses with the Granada Hills Specific Plan.

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.

PERSONNEL AND ANIMAL WELFARE COMMITTEE REPORT relative to the exemption of one Construction and Maintenance Supervisor II and one Senior Electrician for the Department of General Services (GSD) from the Civil Service provisions of the City Charter.

Recommendation for Council action:

APPROVE the exemption of one Construction and Maintenance Supervisor II (Class Code 3127-2) and one Senior Electrician (Class Code 3864) for the GSD from the Civil Service provisions of the City Charter, pursuant to Charter Section 1001(b)(2).

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

Community Impact Statement:  None submitted.

PERSONNEL AND ANIMAL WELFARE COMMITTEE REPORT relative to the Consolidated Reasonable Accommodation Report for the Third Quarter of Fiscal Year (FY) 2014-15.

Recommendation for Council action:

NOTE and FILE the April 17, 2015 Personnel Department report relative to the Consolidated Reasonable Accommodation Report for the Third Quarter of FY 2014-15.

Fiscal Impact Statement:  Not applicable.

Community Impact Statement:  None submitted.

PERSONNEL AND ANIMAL WELFARE COMMITTEE REPORT relative to employee development for Fiscal Year (FY) 2013-14 pursuant to Los Angeles Administrative Code (LAAC) Section 4.312.

Recommendation for Council action:

NOTE and FILE the April 30, 2015 Personnel Department report relative to employee development for FY 2013-14 pursuant to LAAC Section 4.312.

Fiscal Impact Statement:  Not applicable.

Community Impact Statement:  None submitted.

HOUSING COMMITTEE REPORT and RESOLUTION relative to the issuance of tax-exempt multifamily housing conduit revenue bonds to help finance the development of the Pilgrim Tower Apartments affordable housing development.

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

1. APPROVE the accompanying RESOLUTION authorizing the issuance of up to $17,800,000 in tax-exempt multifamily housing conduit revenue bonds for the development of the Pilgrim Tower Apartments affordable housing development located at 1207 South Vermont Avenue.
   
   
2. AUTHORIZE the General Manager, Los Angeles Housing and Community Investment Department (HCIDLA), or designee, to negotiate and execute the loan agreement and related documents for the bonds for this project, including but not limited to the Indenture of Trust (Series H1), the Indenture of Trust (Series H2), and regulatory agreement, subject to the approval of the City Attorney as to form and legality.
   
   

Fiscal Impact Statement: The HCIDLA reports that this action will not impact the General Fund.  The City of Los Angeles is a conduit issuer and does not incur liability for repayment of the bonds. The bonds are a limited obligation payable strictly from revenue from the project. The City will not be obligated to make payments on the bonds.

Community Impact Statement: None submitted.

HOUSING COMMITTEE REPORT and RESOLUTION relative to the issuance of supplemental tax-exempt multifamily conduit revenue bonds in an amount up to $950,000 for additional improvements for the Park Plaza Apartments project.

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

1. ADOPT the accompanying RESOLUTION authorizing the issuance of up to $950,000 in supplemental tax-exempt multi-family conduit revenue bonds for the development of the Park Plaza Apartments project located at 960 West 62nd Place.
   
   
2. APPROVE the related loan documents, subject to the approval of the City Attorney as to form and legality.
   
   
3. REQUIRE that JP Morgan Chase Bank, N.A., fulfill the reporting requirements of the Responsible Banking Ordinance adopted by Council on May 25, 2012, prior to the execution of the relevant loan documents.
   
   
4. AUTHORIZE the General Manager, Los Angeles Housing and Community Investment Department, or designee, to negotiate and execute the relevant loan documents related to the tax-exempt bonds, subject to the approval of the City Attorney as to form and legality.
   
   

Fiscal Impact Statement: The City Administrative Officer reports that this action will not impact the General Fund.  The City of Los Angeles is a conduit issuer and does not incur liability for the repayment of the bonds, which are a limited obligation payable solely from the revenues of the project, and the City will in no way be obligated to make payments on the bonds.

Community Impact Statement: None submitted.

RULES, ELECTIONS, INTERGOVERNMENTAL RELATIONS, AND NEIGHBORHOODS COMMITTEE REPORT and RESOLUTION relative to establishing the City's position regarding the designation of a stretch of Topanga Canyon Boulevard as a State Scenic Highway.

Recommendations for Council action, pursuant to Resolution (Bonin - Wesson), SUBJECT TO THE CONCURRENCE OF THE MAYOR:

ADOPT the accompanying RESOLUTION to include in the City's 2015-16 State Legislative Program SUPPORT for legislation or administrative action that extends formal State Scenic Highway designation to the stretch of Topanga Canyon Boulevard (SR-27) extending south from the Los Angeles City/County line south of Mulholland Drive to Pacific Coast Highway (SR-1) at Topanga State Beach.

Fiscal Impact Statement:  None submitted by the Chief Legislative Analyst. The City Administrative Officer has not completed a financial analysis of this report.

Community Impact Statement:  None submitted.

HOUSING COMMITTEE REPORT and RESOLUTION relative to an Assignment, Assumption, and Cooperation Agreement with CRA/LA to temporarily transfer 22 housing developments.

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

ADOPT the accompanying RESOLUTION authorizing the General Manager, Los Angeles Housing and Community Investment Department (HCIDLA), to execute the Assumption, Assignment, and Cooperation Agreement between the City of Los Angeles and CRA/LA, a designated local authority, successor agency to the Community Redevelopment Agency of the City of Los Angeles, to temporarily transfer 22 housing developments.

Fiscal Impact Statement: The HCIDLA reports that this action will not impact the General Fund.

Community Impact Statement: None submitted.

HEALTH, MENTAL HEALTH, AND EDUCATION COMMITTEE REPORT relative to a request from the Los Angeles Department of Aging (LADOA) for approval to accept the Fiscal Year (FY) 2015-16 Older Americans Act Grant Award from the California Department of Aging (CDA) for the Senior Community Service Employment Program.

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

1. APPROVE the FY 2015-16 Senior Community Service Employment Program Budget and the Standard Agreement TV-1516-25 with the CDA, Attachments 1 and 2 to the August 18, 2015 City Administrative Officer (CAO) report, attached to the Council file.
   
   
2. AUTHORIZE the General Manager, LADOA, or designee, to:
   
   
   1. Execute the FY 2015-2016 Senior Community Service Employment Program Budget Application and Standard Agreement TV-1516-25, subject to the review and approval of the City Attorney as to form and legality.
      
      
   2. Accept from the CDA $1,514,905 in Senior Community Service Employment Program funds.
             
3. AUTHORIZE the Controller to:
   
   
   1. Establish new accounts and appropriate $847,738 within the Other Programs for the Aging Fund Number 410 as follows:
      
      

      Account	Title	Amount
      02M102	Aging	($350,982)
      021021	Enrollee Wages	1,198,720
      		Total:  $847,738

              
   2. Adjust the appropriation within Fund Number 100/02 as follows:
      
      

      Account	Title	Amount
      001010	Salaries, General	($168,126)
      001070	Salaries, As-Needed	(178, 393)
      002130	Travel	(200)
      003040	Contractual Services	(500)
      003310	Transportation Expenses	(1,407)
      006010	Office and Administrative	(2,356)
      		Total:  ($350,982)

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

Fiscal Impact Statement:  The CAO reports that funding for the Senior Community Service Employment Program is provided by Older Americans Act Grant Funds from the CDA, and General Fund provided in the 2015-16 Adopted Budget (C.F. 15-0600). There is no additional impact on the General Fund. Approval of these agreements is in compliance with the City’s Financial Policies as one-time funding is being used for one-time expenditures.

Community Impact Statement:  None submitted.

HEALTH, MENTAL HEALTH, AND EDUCATION COMMITTEE REPORT relative to a request from the Los Angeles Department of Aging (LADOA) for approval to accept grant funds from the California Department of Aging (CDA), to execute the Standard Agreement with the CDA for the funding, and to execute proposed agreements with various vendors for the provision of senior and family caregiver services.

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

1. APPROVE the recommendations as detailed in the City Administrative Officer (CAO) report dated August 13, 2015, attached to the Council file.
   
   
2. REJECT the Request for Proposal (RFP) for MPC/West Adams and INSTRUCT the LADOA to execute a six-month extension, including a possible additional six-month extension, with the current contractor, People Coordinated Services.
   
   
3. INSTRUCT the LADOA to reissue a RFP, in consultation with Council District 10, for MPC/West Adams and report to Council by January 11, 2016 with the results of the RFP.

Fiscal Impact Statement:  The CAO reports that funding for the Senior Community Service Employment Program is provided by Older Americans Act Grant Funds from the CDA, and General Fund provided in the 2015-16 Adopted Budget (C.F. 15-0600). There is no additional impact on the General Fund. Approval of these agreements is in compliance with the City’s Financial Policies as one-time funding is being used for one-time expenditures.

Community Impact Statement:  None submitted.

HEALTH, MENTAL HEALTH, AND EDUCATION COMMITTEE REPORT relative to a request from the Los Angeles Department of Aging (LADOA) for authority to execute an interim contract with the Mexican American Opportunity Foundation to provide older adults with programs that enhance wellness skills in a variety of areas, including self-management, healthier living, physical activity, and memory enhancement.

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

1. AUTHORIZE the General Manager, LADOA, or designee, to execute the proposed Agreement with the Mexican American Opportunity Foundation, for the provision of Evidence-Based Program services on an interim basis, for a contract term of August 29, 2015 to March 31, 2016, for an amount not to exceed $31,112, subject to review and approval of the City Attorney as to form and legality.
   
   
2. AUTHORIZE the General Manager, LADOA, or designee, 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.
   
   
3. AUTHORIZE the Controller to expend funds upon proper demand of the General Manager, LADOA, or designee.

Fiscal Impact Statement:  The CAO reports that funding is provided by the 41st Program Year of the Community Development Block Grant. Sufficient funds are available in Fund 42J, Department 02, Account 02M340. There is no additional impact on the General Fund. Approval of this agreement is in compliance with the City’s Financial Policies as one-time funding is being used for one-time expenditures.

Community Impact Statement:  None submitted.

MOTION (KREKORIAN - RYU) relative to  holding the Congress of Neighborhoods on September 11 and September 26, 2015.

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

AUTHORIZE the Department of Neighborhood Empowerment to use the Spring Street forecourt and City Hall Rotunda on Friday, September 11, 2015 from 4:00 pm to 11:00 pm and the Fourth floor Media Room, Rotunda, Spring Street forecourt, and South Lawn in City Hall on Saturday, September 26, 2015 from 6:00 am to 5:00 pm, with the understanding that the Department of Neighborhood Empowerment reimburse the Department of General Services for all the expenses related to this event.

FINAL MAP OF PARCEL MAP L.A. No. 2012-3236 located at 7505-7511 North Owensmouth northerly of Cohasset Street.

(Bond No. C-126110)

(Quimby Fee: $9,476)

Subdivider: MCB, LLC; Engineer / Surveyor: Bryan Gentry

MOTION (CEDILLO - ENGLANDER) relative to funding for the development of a new public green space, Coronado Park, located at  739 South Coronado Street.

MOTION (O'FARRELL - MARTINEZ) relative to funding for flashing traffic beacons at the intersection of Sunset Boulevard and Lemoyne Street.

MOTION (KORETZ - HUIZAR) relative to a personal services contract with Speedway Policy Associates to provide services to the Fifth Council District.  

ATTEST: Holly L. Wolcott,      CITY CLERK

By:

Council Clerk                                       PRESIDENT OF THE CITY COUNCIL

CONTINUED CONSIDERATION OF AD HOC COMMITTEE ON THE 2024 SUMMER OLYMPICS REPORT and RESOLUTION relative to approving a Joinder Agreement as a condition of the selection of Los Angeles as the bid city for the 2024 Olympic Games.

Recommendations for Council action, as initiated by Resolution (Wesson - Cedillo), SUBJECT TO THE APPROVAL OF THE MAYOR:

1. APPROVE the revised Resolution and Joinder Agreement, attached to the joint City Administrative Officer (CAO) and Chief Legislative Analyst (CLA) report on the Council file, as amended by the City Attorney, to ensure that Council approval will be required prior to executing any future agreements with the International Olympic Committee or the United States Olympic Committee.
   
   
2. REQUEST the City Attorney to negotiate and present to the Council and Mayor a Memorandum of Understanding between the City and the Los Angeles 2024 Exploratory Committee setting forth the general terms and parameters of the City’s role in bidding for the 2024 Olympic and Paralympic Games.
   
   
3. INSTRUCT the CAO and CLA to report back on the risk, community impact, venue impacts, protections against cost overruns, and overall costs related to hosting the 2024 Olympic and Paralympic Games, as information becomes available, including the feasibility of reimbursement from the Los Angeles 2024 Exploratory Committee to the City for related costs during the bid process.
   
   
4. INSTRUCT the CAO and CLA to hire an independent financial expert to provide analysis to the City related to the City’s bid for the 2024 Olympic and Paralympic Games.
   
   
5. AUTHORIZE the CAO and CLA to execute personal services agreements, as needed, for other types of analysis related to the City’s bid for the 2024 Olympic and Paralympic Games.

Fiscal Impact Statement:  Neither the CAO nor the CLA has completed a financial analysis of this report.

Community Impact Statement:  None submitted.

ADOPTED

AMENDING MOTION (WESSON - CEDILLO)

Recommendation for Council action:

AMEND the Ad Hoc Committee on the 2024 Summer Olympics report recommendation as follows:

1. Amend Recommendation No. 2 to state: 
   
   Request the City Attorney, with the assistance of the City Administrative Officer and Chief Legislative Analyst, to negotiate and present for approval an agreement between the City and the Los Angeles 2024 Exploratory Committee setting forth the general terms and parameters of the City’s role in bidding for the 2024 Olympic and Paralympic Games.
   
   
2.  Add Recommendation No. 6 to state:
   
   Request the City Attorney and INSTRUCT the City Administrative Officer and the Chief Legislative Analyst to act as the lead negotiators on behalf of the Council with regard to the Host City Contract, Joint Marketing Programme Agreement, and any other ancillary documents or agreements for the 2024 Olympic and Paralympic Games.    
      
3. Add Recommendation No. 7 to state: 
     
   Adopt the following guiding principles for the Council throughout the negotiations of the Host City Contract and Joint Marketing Programme Agreement for the 2024 Olympic and Paralympic Games:
   
   

1. All agreements entered into and obligations made should fully protect the City’s existing and future General Fund base.
   
   
2. The City must maintain control over the decision making processes on all issues that impact the operation of the City, its facilities and the quality of life for its residents.
   
   
3. Any public funds commitments will require the express authorization of the City Council and Mayor, including but not limited to providing a financial guarantee to cover any Olympics-related costs.
   
   
4. The City will make every effort to make the process and all related actions as transparent as possible.  

ADOPTED  

AMENDING MOTION (WESSON - CEDILLO)  

Recommendation for Council action:  

ADOPT the accompanying revised Joinder Agreement in lieu of the Joinder Agreement attached to the File.

CONTINUED CONSIDERATION OF COMMUNICATION FROM THE MAYOR relative to a proposed agreement to establish roles, responsibilities, and relationships between the Department of Recreation and Parks and Pershing Square Renew for the design and renovation of Pershing Square Park.

(Arts, Parks, and River Committee waived consideration of the above matter)

ADOPTED

MOTION (HUIZAR - O'FARRELL)

Recommendation for Council action: 

REQUEST the Board of Recreation and Parks Commissioners to include the following changes in the final agreement with Pershing Square Renew: 

1. Replace Section K with the following:
   
   In addition to the RENEW Funds, the CITY will allocate funds for renovations and/or improvements at the Park (the Public Funds) in Phase 3 of the Project, subject to the availability of funds. The appropriation of City General Funds shall be further subject to Mayor and Council approval.
   
   
2. Replace Section 9(b) with the following:
   
   RENEW Funds Deposit. Within twenty four (24) months of approval of a Final Project Budget, the RENEW shall deposit in the RENEW Funds Account, which account shall be an interest-bearing account, the amount called for in the Final Budget and Final Financing Plan. If the Final Project Budget or Final Financing Plan provides for a public financing mechanism for RENEW to fund its share of the Project, then the City Administrative Officer shall separately review, approve, and provide the terms through which the funds shall be expended and disbursed, subject to the City's Debt Management Policies.
   
   
3. Add the following to Section 7:
   
   i.  Mayor and Council Approval of the Final Plans
   
   
   1. The Final Plans shall be subject to Mayor and Council approval if an expenditure of City General Funds is required in the Final Plans.
      
      
   2. The Final Plans shall be further subject to the review and approval of the City Administrative Officer if a public financing mechanism is required in the Final Plans.
      
      
4. Replace Section 9(a) with the following:
   
   Public Funds Deposit. Within twelve (12) months of the approval of a final budget for the Project (Final Project Budget), the CITY shall deposit in the Public Funds Account, which account shall be an interest-bearing account, the amount called for in the Final Budget and Final Financing Plan. Should the Final Financing Plan require the use of City General Funds, the appropriation of General Funds may be subject to the annual budgetary process.
   
   
5. Replace Section 9(g) (iii) with the following:
   
   Cooperation with Public Financing Mechanism. If the Final Budget and/or Final Financing Plan call for RENEW to finance all or part of its share of the Project via formation of a Mello-Roos assessment district or similar public financing mechanism. The proposed Final Financing Plan will require approval by the City Administrative Officer. The formation of a Mello-Roos district or similar public financing mechanism will be handled in accordance with the City's Debt Management Policies.