CITY OF LOS ANGELES CALIFORNIA Office of the CITY CLERK KAREN E. KALFAYAN City Clerk Council and Public Services Room 395, City Hall Los Angeles, CA 90012 General Information • (213) 978·1133 Fax: (213) 978·1040 When making inquiries relative to this matter, CLAUDIA M. DUNN please refer to the Council Chief, Council and Public Services Division File No. www.cilyclerk.lacitv.org 08-1327

CD5

May 29,2008

Councilmember Weiss Council member Wesson City Administrative Officer City Clerk, Executive Office cc: Administrative Services Division

RE: EXTENDING THE OPTION PERIOD TO PURCHASE LAND TO CONNECT LAUREL CANYON COMMUNITY PARK VIA THE MULHOLLAND DRIVE RIGHT-OF-WAY, ADJACENT TO THE MOUNTAINS RECREATION AND CONSERVATION AUTHORITY PARKLAND

At the meeting of the Council held May 28, 2008, the following action was taken:

Attached motion (Weiss - Wesson) adopted X Attached resolution adopted ---'- Attached report adopted ---'- Ordinance adopted ---'- FORTHWiTH...... X Motion adopted to approve communication recommendation(s) -'

City Clerk jr

AN EQUAL. EMPL.OYMENT OPPORTUNITY - AFFIRMATIVE ACTION EMPL.OYER : .-~~:~'r:::;;-J-,-i:;;;iT'j':F 3~ LMOTION~~~:'~_, ------,:~~1:0J,~'iLtb1 The Mountains Recreation and Conservation Authority (MRCA) has made a $200,000 option payment on six acres of privately held land at the corner of Laurel Canyon and Mulholland Drive. The six acres of land could serve as a permanent public open space that would connect Laurel Canyon Community Park via the Mulholland Drive right-of-way and adjacent MRCA parkland.

The initial $200,000 option payment came from the Santa Monica Mountains Open Space Preservation Assessment District No.1. The option will expire at the end of May 2008. An-additional $100,000 payment would extend the option for six months, which would provide the MRCA time to raise additional money towards the purchase. However, the MRCA does not currently have the necessary resources to make the $100,000 payment and has therefore turned to local government and private sources to raise the needed funds.

The option agreement is structured in such a way that in a default situation, the $100,000 buys a narrow, but important conservation easement that provides a critical wildlife connection across Laurel Canyon Boulevard between the Fryman Canyon area and Griffith Park. Hence either outcome would yield a permanent land interest that would further the goals of protecting and preserving open space.

I THEREFORE MOVE that the Council:

1. Approve the payment of $15,000 from the available balance in Council District 5 Real Property Trust Fund No. 687 to the Mountains Recreation and Conservation Authority (MRCA) to extend the option period to purchase six acres of privately held land to connect Laurel Canyon Community Park via the Mulholland Drive right-of-way, adjacent to MRCA parkland.

2. Instruct the City Clerk to prepare the necessary documents to effectuate the above described payment to MRCA.

PRESENTED BY: ~ _ JA Councilmember, 5th District

SECONDED BY: ...... >~L~ 7I

May 21,2008 \J\O\loN ADOPTED MAY 2 8 2008 lOS ANGELES CllY COUNCil FORTHWIT-H