__,Ity of Los Angeles Office of City Clerk City Clerk California Administrative Services Holly L

Home , 7th Street (Los Angeles)

JUNE LAGMAY __,ITY OF LOS ANGELES OFFICE OF CITY CLERK CITY CLERK CALIFORNIA ADMINISTRATIVE SERVICES HOLLY L. WOLCOTT ROOM 224, 200 N . SPRING STREET EXECUTIVE OFFICER LOS ANGELES, CALIFORNIA 90012 (213) 978 - 1099 FAX: (213) 978-1130 TDD/TTY (213) 978·1 1 32

MIRANDA C. PASTER ANTONIO R. VILLARAIGOSA ACTING DIV ISION HEAD MAYOR

August 2, 2011

Honorable Members of the City Council Council Districts 9 & 14 Room 395, City Hall 200 North Spring Street Los Angeles, California 90012

REGARDING: MODIFICATION AND EXPANSION OF THE HISTORIC DOWNTOWN LOS ANGELES BUSINESS IMPROVEMENT DISTRICT.

Honorable Members:

This Office has received materials relative to the modification and expansion of the Historic Downtown Los Angeles Business Improvement District (Previous CF 07-1 099 and 10- 1083), hereinafter referred to as the "District." The District would be modified pursuant to the provisions of the Property and Business Improvement District Law of 1994 (Division 18, Part 7, Streets and Highways Code, State of California).

This report shall serve as the "Preliminary Report of the City Clerk". Attached to this report are: 1) the Modified Management District Plan, which details the improvements and activities to be provided and serves as the framing document for the proposed modified District; 2) a detailed Eng ineer's Report prepared by a registered professional engineer certified by the state of California, which supports the assessment contained in the Management District Plan for the proposed modified District; 3) a draft Ordinance of Intention for District Modification, approved as to form and legality by the City Attorney's Office; and 4) a letter from the owners' association Board of Directors, of the District requesting that the District modification be initiated by City Council.

BACKGROUND

The proposed modifications of the currently adopted District are in accordance with the provisions of the Property and Business Improvement District Law of 1994 which allows for the creation, modification, and dissolution of business improvement districts.

The renewal and boundary changes of two neighboring Business Improvement Districts in 2008 (Historic Downtown Los Angeles and Fashion District) provided a gap of a few

AN EQUAL EMPLOYMENT OPPORTUNITY- AFFIRMATIVE ACTION EMPLOYER Honorable Members of the City Council Page 2 properties between the boundaries of each District. These properties are unable to receive District services due to their exclusion from either neighboring Business Improvement District. The proposed modification of the District includes expansion ofthe current Historic Downtown Los Angeles Business Improvement District boundaries to include the addition of new properties and abutting its boundary to the adjacent Fashion District Business Improvement District. The Management District Plan has been modified to address these changes and a new Engineer's Report has been provided to support the special benefits that will be conferred on the parcels, as required by law.

PROPOSED BOUNDARY EXPANSION AND ADDITION OF PROPERTIES

A general description of the proposed modified District is as follows: bounded roughly by Los Angeles Street on the east, 4th Street on the north, Hill Street on the west, and 7th and Olympic Streets on the south. The map included in the District's Modified Management District Plan gives sufficient detail to locate each parcel of property within the proposed modified District.

The expansion of the district includes adding four (4) properties which were excluded from the boundaries of the adjacent Fashion District Business Improvement District when it renewed in December 2008. One of the four properties, the Pacific Electric Lofts Building, was removed via Council motion, on December 17, 2008, from the Fashion District boundaries and placed within the Historic Downtown boundaries. However, State Law requires a Proposition 218 vote for new or increased assessments, which is required for inclusion of the new properties in the Historic Downtown Los Angeles Business Improvement District boundaries.

PREVIOUS MODIFICATION ATTEMPT

The Historic Downtown Business Improvement District Board of Directors previously requested City Council to modify and expand the District to include the four (4) properties mentioned in the previous section. The modification was initiated through City Council adoption of an Ordinance of Intention to modify the District, Ordinance No. 181623, and Proposition 218 required ballots for the modification and expansion were mailed to all stakeholders within the District on April 11 2011.

From the initial mailing of the District notice and ballots, as required by State Law, the Office of the City Clerk received multiple phone calls from stakeholders who were confused about the contents of the modification ballot packages. The Assessment Ballots that were printed referenced "Establishment" in multiple places on the ballot but stated "Official Modification Ballot" in bold print in the upper right hand side of the ballot. This was due to limitations of the application used to print ballots. ) '.' ,,_ - - - - f.-9 - - <-C...... - '-,; & Additionally, State Law requires for a series of documentation to be incluct_~1d · '<"·!!J tt'J e\ballot, including the Ordinance, Management Plan and Engineer's Report that aN3:Jattached to this Clerk Report. The size of these collective documents for this Distr\G4 .~. ~~~~tlW. exceeded 70 pages. Although State Laws governing Proposition 21d.i?a1rclt1h~ procedures do not require a specific summary of the packet information, the City ~17rk will, inelttd~ \@

AN EQUAL EMPLOYMENT OPPORTUNITY - AFFIRMATIVE ACTION EMPLOYER Honorable Members of the City Council Page 3 brief summary to reduce confusion.

On June 7, 2011, the ballots for the modification and expansion were counted and resulted in a tabulation result of 49.69% in favor and 50.36% opposed. City Council did not consider the modification and expansion of the District because of the failed ballot results. A combination offactors of this close ballot tabulation, the overall unfriendly size of the ballot package, and the confusion of the wording on the actual ballot has prompted the Historic Downtown Los Angeles Business Improvement District Board of Directors to request another modification and expansion of the District. The Streets and Highways Code, which allows for modification, does not specify any time limit for modifications and Section 36636 of the Code allows for the City Council to initiate the proceedings after receiving any written request from the owners' association.

A number of changes have recently been implemented to the Office of the City Clerk's Proposition 218 procedures for modification of Business Improvement Districts. Included in the procedural changes are programming changes to the application to create special modification ballots and the inclusion of a summary guide which can aide property owners in understanding how the modification will affect them and an explanation of a "no" and "yes" vote.

EXEMPTION UNDER PROPOSITION 26

On November 2, 2010, voters in the State of California passed Proposition 26, which broadened the definition of taxes and which require approval by two-thirds of each house of the Legislature or by local voter approval. However, Proposition 26 provides for exemptions.

Under Proposition 26, assessments for specific benefits are not defined as taxes and specific exemptions are listed under Article XIII C §1(e). This section also states the local government bears the burden of proving that the assessments are not taxes and that the amount of the assessment holds a reasonable relationship to the benefits received. Exemption 7 of this section (Article XIII C §1 (e)(7)) states the following exemption: "Assessments and property-related fees imposed in accordance with the provisions of Article XIII D". Article XIII D ofthe California Constitution is a result of Proposition 218 and contains multiple requirements, among them being that the assessments on property cannot exceed the reasonable cost to provide the benefit. For the City Council to find that the Historic Downtown Los Angeles Business Improvement District is exempt from Proposition 26, it must ensure that the stipulations provided in Article XIII D (aka Proposition 218) are met.

DISTRICT MODIFICATION PROCESS

The process for modification is the same process as the previous attempt of modification and is outlined in this section.

AN EQUAL EMPLOYMENT OPPORTUNITY- AFFIRMATIVE ACTION EMPLOYER Honorable Members of the City Council Page 4

Section 36600 et seq. of the California Streets and Highways Code requires, among other things, that upon request of the owners' association, the City Council may modify the Management District Plan after conducting one public hearing on the proposed modification. If the City Council proposes to levy a new or increased property assessment, the notice, protest and hearing procedure shall comply with Section 53753 of the Government Code subject to the procedures and approval process set for in Section 4 of Article XI liD of the California Constitution (Proposition 218) which requires, among other things, that: 1) the City Council identify all parcels that will have a special benefit conferred upon them and upon which assessments will be imposed; 2) the City Council not impose an assessment on a parcel which exceeds the reasonable cost of the proportional benefit conferred on that parcel; 3) the City Council separate the general benefits from the special benefits conferred on a parcel; and 4) all assessments be supported by a detailed Engineer's Report prepared by a registered professional Engineer certified by the State of California.

The Engineer's Report included herewith supports the assessments contained in the Management District Plan and, in addition, includes facts, which would support City Council findings relative to items 1 through 4 above.

Proposition 218 also includes certain notice, protest and hearing requirements. Those requirements are codified in the Proposition 218 Omnibus Implementation Act ("Act") (California Government Code Section 53750 et seq.). This report recommends that the City Council direct the City Clerk to comply with the Act. The proposed modification is contingent upon the City's receipt of a weighted majority of financially supportive ballots as submitted by the affected property owners. The City Clerk will tabulate the ballot returns and will report the results to the City Council. If a weighted majority offinancially supportive ballots are not submitted by the affected property owners in favor of the modification process, the established Historic Downtown Los Angeles Business Improvement District will remain in place.

CONTRACTING WITH NON-PROFIT SERVICE PROVIDER

City policy dictates that competitive bidding requirements are to be met when contracting. However, Charter section 371 (e)(1 0) provides an exception to the competitive bidding requirements, and states, in relevant part, that the competitive bidding process does not apply to contracts "where the contracting authority finds that the use of competitive bidding would be undesirable, impractical or impossible or where the common law otherwise excuses compliance with competitive bidding requirements."

From its first operating year, the Historic Downtown Los Angeles Business Improvement District has been administered by the Historic Downtown Los Angeles Business Improvement District Property Owners Association, Inc., a California non-profit mutual benefit corporation, which oversees expenditures and manages and implements improvements and activities related to the District. Through its longstanding presence in the Historic Downtown community and as administrator of the District during its years of operation, the Historic Downtown Los Angeles Business Improvement District Property

AN EQUAL EMPLOYMENT OPPORTUNITY~ AFFIRMATIVE ACTION EMPLOYER Honorable Members of the City Council Page 5

Owners Association, Inc. possesses unique knowledge and expertise of the Historic Downtown Los Angeles Business Improvement District and has a vested interest in its success. Therefore, the City Clerk finds that it would be undesirable and impractical to comply with the competitive bidding requirements or to select another entity to administer the proposed modified District.

TECHNICAL CORRECTIONS TO THE MANAGEMENT DISTRICT PLAN

Since the previous modification attempt, a few properties within the District boundaries have changed in improvement size and ownership. This is a common process that occurs regularly as a result of property changes recorded by the County of Los Angeles Property Tax Assessors Office and is noted as a condition within the Management District Plan that allows for these changes to be made. State Law requires that Proposition 218 ballots be mailed to the Property owner of record on the latest equalized property tax roll. In order to comply with State Law, the Office of the City Clerk will need to make technical corrections to the database of assessed property listed in Management District plan.

ASSESSIBLE CITY PROPERTY

There is one (1) City-owned property located within the boundaries of the proposed modified District, totaling an annual assessment in the first year after modification of $5,914.00, or 0.44% of the total proposed budget. This property is within the original District boundaries, there is no City-owned property within the proposed expansion area.

FISCAL IMPACT

The City's assessment of $5,914 was included in the general fund allocation of the BID Trust Fund.

RECOMMENDATIONS

1. Fl NO that the owners' association has formally requested City Council to modify the Historic Downtown Los Angeles Business Improvement District pursuant to section 36635 of the California Streets and Highways Code and that the proceedings to modify the District may begin.

2. FIND that in accordance with Article Xlll D of the California Constitution all parcels that will have a special benefit conferred upon them and upon which an assessment would be imposed are those identified in the modified Management District Plan.

3. FIND that in accordance with Article XIII D of the California Constitution and based on the facts and conclusions contained in the attached Engineer's Report, no assessment imposed on any parcel exceeds the reasonable cost of the proportional special benefit conferred on that parceL

4. FIND that in accordance with Article XIII D of the California Constitution and based

AN EQUAL EMPLOYMENT OPPORTUNITY~ AFFIRMATIVE ACTION EMPLOYER Honorable Members of the City Council Page 6

on the facts and conclusions contained in the attached Engineer's Report, the assessment levied on each parcel within the proposed modified District is proportionate to the special benefit derived from the improvements and activities that are to be provided.

5. FIND that in accordance with Article XIII D of the California Constitution and based on the facts and conclusions contained in the attached Engineer's Report, there are no general benefits to be separated from the special benefits conferred on each parcel within the proposed modified District

6. FIND that the assessments for the Historic Downtown Los Angeles Business Improvement District are not taxes and that the District qualifies for exemption from Proposition 26 under exemption 1 of Article XIII C §1 (e)(?) since it is being formed under the provisions of Article XIII D of the California Constitition.

7. FIND that the Historic Downtown Los Angeles Business Improvement District Property Owners Association Inc., may continue to administer the District and that it would be impractical to comply with the City's competitive bidding process.

8. ADOPT the Preliminary Report of the City Clerk.

9. ADOPT the attached Management District Plan.

10. ADOPT the attached Engineer's Report.

11. ADOPT the attached Ordinance of Intention to modify the Historic Downtown Los Angeles Business Improvement District's Management District Plan.

12. DIRECT the City Clerk to schedule a public hearing and comply with the notice, protest, and hearing procedures prescribed in Section 36600 et seq. of the California Streets and Highways Code, California Government Code Section 53750 etseq. and Article XIII D of the California Constitution Proposition 218 Omnibus Implementation Act

13. REQUEST the City Attorney, with the assistance of the City Clerk, to prepare an enabling Ordinance confirming the modification and expansion of the proposed Historic Downtown Los Angeles Business Improvement District for City Council consideration at the conclusion of the required public hearing.

14. AUTHORIZE the City Clerk to make technical corrections, as needed, to the Management District Plan database specifically related to property ownership updates and corrections as provided by the County of Los Angeles.

15. AUTHORIZE the City Clerk, subject to City Attorney approval, to amend the existing contract between the City of Los Angeles and the Historic Downtown Los Angeles Business Improvement District Property Owners Association, Inc. as needed to

AN EQUAL EMPLOYMENT OPPORTUNITY- AFFIRMATIVE ACTION EMPLOYER Honorable Members of the City Council Page7

administer the Historic Downtown Los Angeles Business Improvement District's programs upon adoption of the Ordinance modifying the District's Management District Plan.

Sincerely, ., " / i \ ; 1 AFj ' ,,f. /!/ ; ~~. ~~/JLv L'v n~une Lagmay \J' City Clerk

JL:HLW:MCP:RMH:pm

Attachments: Modified Management District Plan Engineer's Report Draft Ordinance of Intention

AN EQUAL EMPLOYMENT OPPORTUNITY- AFFIRMATIVE ACTION EMPLOYER OS :2 Hd 0\ :HW \~fil

!('\' l-' '.'' \! ~I ' I ·~ . '. I .1'1~,\r, .j )·l\, .\,fl.) 10 H AUG l 0 ~H 9: 4~

A Dl,Hh i'~:,. ,, fl V E S.i ~ y p~f '6 CH \1 l S 10 N

THE HISTORIC DOWNTOWN los ANGELES PROPERTY BUSINESS IMPROVEMENT DISTRICT MODIFIED MANAGEMENT DISTRICT PLAN

For a Property Business Improvement District, Historic Downtown Los Angeles

Prepared by New City America, Inc. And the Historic Downtown Los Angeles PBID Expansion Committee With Update

Nov 20, 2010

Technical Corrections to list of parcels made by the Office of the City Clerk, August 2011

1 Table of Contents

For the Modified and Expanded Historic Downtown los Angeles Property Business Improvement District ~ los Angeles, California

Contents

Section Number Page Number

1. Modified Management District Plan Summary 3 Governance

2. Modified Business Improvement District Boundaries 7 District Boundary Map 11

3. Modified District Improvement and Activity Plan 12

4. Assessment Methodology 16

5. Modified District Rules 26

6. Implementation Timetable 26

7. Modified Assessment Roll 27

Attachment

A. Engineer's Report

2 Section 1 Modified Management District Plan Summary

The name of this modified and amended Property-Based Business Improvement District is the Historic Downtown Los Angeles Business Improvement District (the "District). The modified District is being established pursuant ofthe Section 36600 et seq. of the California Streets and Highways Code, the "Property and Business Improvement District Law of 1994 as "amended", hereinafter to as the State Law.

The modified Historic Downtown Los Angeles Business Improvement District provides improvement and special benefit to individual parcels in the existing boundaries of the District. Developed by the Historic Downtown Business Improvement District Board of Directors, the Historic Downtown Business Improvement District modified and amended Management Plan is proposed to improve and convey special benefits to individual properties located within the modified and expanded Historic Downtown Business Improvement District area as amended. The modification is necessary to begin to fund and provide special benefits to individual parcels within the expanded area of the District.

The individual parcel owners within the expansion area, to be included in the modified District, seek the quality and frequency of special benefits provided by the current Historic Downtown LA Property Business Improvement District. Since the orientation of the current Historic Downtown PBID is geared toward both entertainment as well as residential needs, due to its land uses, these types of services fit well with the special benefit needs of the individual property owners and residents within the parcels of the expansion area.

The modified District will provide new and continued improvements and activities, including maintenance, security, development/communication and special programs to support the existing and expanded District property owners. Each of the programs is designed to meet the goals of the modified District; to improve the appearance and the safety of the modified District, to increase building occupancy and lease rates, to encourage new business development and attract ancillary businesses and services.

The Board also determined that it was in the best interest of the majority of individual parcels within the current District, to continue to provide improvements and special benefits at a reasonable cost, to amend the boundaries of the District to reunite the individual parcels that had historically been a part of the Historic Downtown and to better serve the needs of these individual parcels in the proposed modified district expansion area. The amendment to the boundaries will add a small number, approximately 8.48% or $111,207.57 for a full year of assessments to be collected during 2011. To this end this proposed modified District constitutes the majority of the affected additional individual parcels on the eastern edge of the current district.

3 If the District modification is unsuccessful during the Proposition 218 ballot procedure, the existing Historic Downtown will be in place and continue services to the individual parcels within the existing boundaries until December 31, 2013.

Boundary: See Section 2, Page 8 and Maps on pages 11 and 12.

Budget: The total budget for the modified and expanded BID for 2011 year is approximately $1,367,310 and is composed of the following elements:

Improvements, Activities, Services:

Sidewalk Operations and Beautification: {64%), $ 71,173 of $ 875,079) is added by the expansion area to the existing budget for sidewalk operations and beautification.

This service will only be provided within the modified District Boundaries and will be facilitated by: ~ Systematic sidewalk and gutter sweeping; ~ Systematic sidewalk steam cleaning programs; ~ New beautification programs, especially within 100 feet of the periphery of condo residential unit buildings; ~ Regular graffiti removal, ~ New landscaping, hanging plants installation and maintenance; ~ Regular enhanced trash removal; ~ Systematic private security programs, and enhanced security programs during the evening hours within 100 feet of the periphery of condo residential unit buildings;

District Identity: {10%), $ 11,121 of $ 136,731 is added by the expansion area to the existing budget for district identity.

Programs to improve District Identity will only be provided within the modified District Boundaries and include, but are not limited to: ~ Implementation of a new banner program; ~ Holiday decorations on Broadway; ~ Underwriting special events throughout the district; ~ Branding of the new Historic Downtown LA logo; Y Maintenance of the new website; ~ Newsletter to stakeholders;

4 Administration and Corporate Operations: (15%)1 $ 16,681of $205,097 is added by the expansion area to the existing budget for administration and corporate operations,

This component of the modified District budget includes, but is not limited to: );> Staff costs; >- Office rent; > Office supplies; > Directors and Officers insurance; > General administration expenses;

Contingency/City Fees/Reserve: {11%)1 $ 12,233 of $ 150,404 is added by the expansion area to the existing budget for contingency/city fees and reserve.

A balance of the revenues in the modified District budget will be set aside annually for: > Non-payment of assessments; > City costs; > County Costs; > Reserves

***All services will only be provided within the modified District Boundaries.

Methods of Financing: A levy of special assessments upon real property that receives special benefits from the improvements and activities. (See Section 4, for assessment methodology)

Benefit Zones: The State Law and State Constitution, Article XIII (dL require that special assessments be levied according to the special benefit each individual parcel receives from the improvements. In order to match assessment rates to special benefits received, four categories of assessments have been created within the modified Historic Downtown Los Angeles Property Business Improvement District. Those categories of assessment include commercial and condo residential unit parcel assessments.

There will continue to be only one benefit zone in the modified plan and expansion area of the Historic Downtown Los Angeles Property Business Improvement District.

Costs: Annual assessments are based upon an allocation of program costs by categories of individual parcels. Three property assessment variables, including street frontage, parcel square footage, and building square footage, will be used in this calculation. For individual condo residential unit parcels, only building square footage will be assessed since livable square footage is a measure of the impact and draw ofthe specific special benefits (security and beautification, etc.) derived as residential stakeholders.

5 Ground floor commercial condominiums will be assessed based on all three regular assessment variables. Whereas, upper floor commercial condominiums will be assessed for building square footage only due to their indirect access to street frontage. Public owned property will be assessed based on all three assessment variables, for all services that provide special benefits. Individual public parcels do not specially benefit from District Identity services and will not be assessed for this service. Parking structures fully integrated within a building will be deducted from assessed buildings square footage. Freestanding parking structures and surface parking lots will be assessed based on all three regular assessment variables.

Costs: Annual Costs for First Year of the Modified and Expanded Historic Downtown Los Angeles PBID

Linear Frontage Parcel/Lot Square Building Square Condo Residential Unit Parcels First Year Annual Footage First Year Footage First Year -Annual Cost per square foot Costs Annual Costs Annual Costs of building space r---· $ 21.58 $0.135 $0.043 $ 0.238

($19.42 for public parcels) ($0.1215 for public {$0.039 for public parcels) parcels)

Cap: An annual Cost of Living Adjustment shall be allowable in the modified District. As approved by the Board of Directors of the Owner's Association, the management corporation shall have the option to increase the annual assessment rates based upon the Los Angeles County Consumer Price Index, or an amount not to exceed 5% (five per cent) per year. Any determination of an annual increase will be communicated in writing to the City Clerk's Office.

District Modification Formation: The District modification requires a submission of petitions from individual property owners representing at least SO% of the total assessments. Due to the unique nature of the combining of the existing district and merging it with an expansion area, petitions will only be required from the expansion parcels, totaling 50% of the weight ofthe expansion area or $ 55,603.76. ($111,207.57 of the expansion area total assessments times fifty per cent equals$ 55,603.76). Once the petitions representing$ 55,603.76 from the expansion area parcels have been submitted to the City Clerk's office, the Los Angeles City Council may adopt an Ordinance of Intention to modify the District and mail out ballots to all affected property owners. The modified District is formed if the weighted majority of all returned ballots support the District modification and if the City Council approves the modification and expansion. If the ballots do not support the District modification, then the existing

6 Historic Downtown los Angeles PBID will still be in place to continue services to assessed properties within the existing boundaries until December 31, 2013.

Duration: The parcels within the expansion of the district shall commence assessments, commencing Jan 1, 2011. Their assessments shall cover 2011. The modified District (current plus the expansion area), shall have an expiration date that coincides with the current district and shall expire on December 31, 2013.

Governance: The Owners' Association will review District budgets and policies annually within the limitations of the Management District Plan. Annual and quarterly reports, financial statements and newsletter will be filed with the City of los Angeles, (City). The Owners' Association will oversee the day-to-day implementation of services as defined in the Management District Plan.

Section 2 Historic Downtown los Angeles Property Business Improvement District Modified and Expanded Boundaries

Boundaries: The following text will define the new boundaries of the modified and expanded Historic Downtown los Angeles Improvement District PBID.

General Description of the Proposed Modified and Expanded Boundaries: Parcels in the commercial corridors of modified and expanded Historic Downtown los Angeles PBID including as follows:

ill Northern Boundary: All parcels on the south side of 4th Street from the parcel at the southwestern corner of the intersection of 4th Street and Broadway, running eastward and inclusive of the parcel at the southeastern corner of 4th Street and Main Street.

ill Southern Boundary: The parcel on the northeastern corner of the intersection of Hill Street and Olympic Boulevard. Running up the east side of Hill Street to gth Street, continuing eastward from the intersection of Hill and gth Street including parcels on the north side of gth Street to the northwestern parcel at the intersection of Broadway and gth Street. Continuing from the northwestern corner parcel (Eastern Building) of Broadway and gth Street running up the western side of Broadway from gth Street to gth Street, inclusive of the parcels at all four corners of the intersection of gth Street and Broadway.

7 The parcel at the southeastern corner of gth and Broadway, the Tower Theater, is currently in the Historic Core district and will remain in the modified and expanded district due to its nature as a historic theatre (parcel 5144-016-067.) The southern boundary of the district continues along Broadway to the 1 northeastern parcel at the intersection of 7 h Street and Broadway running eastward along the north side of ih Street to the parcel at the northwest corner of the intersection of Main Street and ih Street. The final southern parcel is parcel 5148-021-011 which is one parcel in on the north side of the parcel at the northeast corner of ih Street and Main Street. The parcel at the northeast corner of Main Street and ih Street will remain in the Fashion District BID, however the rest of the parcels on that block of Main Street, from ih Street northward to 6th Street, shall now be included in the modified and expanded Historic Downtown Los Angeles PBID.

Ill Western Boundary: All of the parcels on the west side of Broadway from the parcel at the southwestern corner at the intersection of 4th Street and Broadway, running southward on both sides of Broadway (parcel 5144-003-015, between 6th and 7th street, on the west side of Broadway, is not in the District due to its inclusion in the Downtown Center BIDL including the parcel at the northwestern corner of gth Street and Broadway. Continuing on the south side of gth Street, from the intersection of gth Street and Broadway, to the southeastern parcel at the intersection of Hill Street and gth Street. Continuing from the parcel at the southeastern corner of the intersection of gth Street and Hill Street, running southward including all of the parcels on the east side of Hill Street, ending at the parcel at northeastern corner of the intersection of Hill Street and Olympic Boulevard.

Ill Eastern Boundary:AII of the parcels on the east side of Main Street from the southeastern parcel at the intersection of 4th Street and Main Street, running southward to the parcel one parcel in at the northeastern corner of 6th Street and Main Street shall be included in the modified and expanded Historic Downtown Los Angeles PBID. The one parcel at the northeast corner of ih Street and Main Street, (parcel # 5148-021-012) shall remain in the Fashion District BID.

Modified District Boundary Rationale

The property uses within the general boundaries of the Historic Downtown Los Angeles Business Improvement District are a mix of retail, entertainment, office, residential and parking. Services and improvements provided by the District are primarily designed to provide special benefits to the retail, entertainment and commercial land uses on one hand and condo residential unit parcels on the other hand. The assessment methodology has been created to provide adequate funding for the varying special benefit needs of these two types of land uses.

8 Northern Boundary: The northern boundary of the modified Historic Downtown Los Angeles PBID completely abuts the boundary ofthe Downtown Center PBID. This district provides improvements and activities similar to the services provided by the Historic Downtown Los Angeles PBID. The boundary has remained the same over the past 10 years.

Western Boundary: The western boundary of the modified Historic Downtown Los Angeles PBID generally abuts the boundary of the Downtown Center PBID. This district provides improvements and activities similar to the services provided by the Historic Downtown Los Angeles PBID. This boundary has been expanded during this renewal project to provide special benefit services on the block bounded by gth Street, gth Street/ Broadway and Hill Street. In addition/ the renewed district is expanding along the eastern side of Hill Street to Olympic Boulevard, which is currently not included in any special benefits district. Parcels in non-BID areas shall not benefit from the establishment of the Historic Downtown BID due to the fact that no special benefits will be conferred upon their frontages.

Southern Boundary: The southern boundary of the modified Historic Downtown Los Angeles PBID abuts the boundary of the Downtown Center PBID and Fashion District BID. These districts provide improvements and activities similar to the services provided by the Historic Downtown Los Angeles PBID. Besides the new southern boundary at northwestern corner of the intersection of Main Street and ih Streets, the southern boundaries have not been changed since the adoption of the renewed Management District plan in the summer of 2008. Parcels in non-BID areas shall not benefit from the establishment of the modified Historic Downtown BID due to the fact that no special benefits will be conferred upon their frontages.

Eastern Boundary: The eastern boundary of the modified Historic Downtown Los Angeles PBID completely abuts the boundary of the Fashion District and Toy District PBID. These districts provide improvements and activities similar to the services provided by the Historic Downtown Los Angeles PBID. These boundaries have been modified with this plan to include the single parcel at the southeastern corner of the intersection of 6th Street and Main Streets and the parcel at the northwestern corner of the intersection of ih Street and Main Streets Other than those changes in the modified plan, the eastern boundary of the District has not changed over the past 10 years.

9 Table 1-A Streets and Address Series for Parcels included in the Modified and Expanded Historic Downtown Los Angeles Property Business Improvement District

The following chart has been included to make it easier for property owners in the modified and expanded District to identify their parcels.

Street Address Series ...... , ...... V\i(stnswe~t i •· •·•·· .... 101<312·.··· E. sth Street 105 W; 6t~ Street ·· .·. · ...... ····< 217<""315 W. j!flStreet 111-215 ...... ••· ...•. ·.·•··• W; gthstreet · ·.. ·· .··••••·••·•.·•····.·.·· ...· ••. ·····301. S. Broadway 400-849 ...... · ...... S.HilfStreet ..... 826-940.· ...... , .. S. Main Street 400-648 ·.. ··•··. S... Spring Street .· ·. 401::---649.

10 Historic Downtown LA Modified and Expanded PBID February 2009 Updated August 2011 Established

Map created by John Li Mandri; New Ctly America Inc. Olympic Blvd.

11 Section 3 Modified District Improvement and Activity Plan

Process to Establish the Improvement and Activity Plan Through a series of property owner meetings in the expansion area, the Historic Downtown Los Angeles PBID Steering Committee collectively determined the priority for improvements and activities to be delivered by the modified and expanded District. The primary needs, as determined by the property owners, were: sidewalk operations and beautification, District Identity, Administration and Contingency/Reserve.

All of the improvements and activities detailed below, are provided only to individual properties defined as being within the modified and expanded boundaries of the modified District and provide special benefit to those individual properties within the modified District. No improvements or activities are provided to properties outside the District boundaries. All benefits derived from the assessments outlined in this modified Management District Plan fund services directly benefiting the parcels in this specialized zone. Inasmuch as all services will be provided to the properties defined as being within the modified District boundaries and no services will be provided outside the modified District boundaries and the modified District is entirely surrounded by the borders of other adjacent Business Improvement Districts, any potential general benefits are intangible and not quantifiable.

All special benefits derived from the assessments outlined in the modified Management District Plan are for services directly benefiting the individual properties, business owners and residents within this modified and expanded area and support increased commerce, business attraction and retention, retained and increased commercial property rentals, enhanced safety and cleanliness in the modified District, improved District identity, and specialized beautification and enhanced security programs for the condo residential unit parcels, within the modified and expanded District.

All services, projects, promotions, security, maintenance, beautification and professional/administration services are provided solely to properties within the modified and expanded District. Their purpose is to enhance the image and viability of properties and businesses and enhance the neighborhood life for residents within the modified Historic Downtown Los Angeles PBID and are designed only for the direct special benefit of the individual assessed commercially zoned properties in the modified District. No services will be provided to non-assessed parcels outside of the District modified and expanded boundaries.

The total improvement and activity plan budget for 2011, which is funded entirely by property assessments in the modified and expanded boundaries, is projected at $ 1,367,310.37 The costs of providing each of the budget components was developed from actual experience obtained in providing these same services over the past 10 years in the

12 Historic Core PBID. A detailed operation deployment for 2011 is available. The categories of special benefit services provide enough clarity to property owners to understand the intent of the budget category, however give the Owners' Association the flexibility its needs to allocate the services based upon the changing needs of the district from year to year within each budgeted category. The following category of special benefit services shall only be provided to individual parcels within the modified and expanded District. All services will only be provided within the District modified and expanded boundaries.

SIDEWALK OPERATIONS AND BEAUTIFICATION: (64%), $ 71,173 of $ 875,079 is added by the expansion area to the existing budget for sidewalk operations and beautification.

Examples of these special benefit services and costs include, but are not limited to: o Private security over and above those services currently provided by the Los Angeles Police Department; o Regular sidewalk and gutter sweeping, o Regular sidewalk steam cleaning o Spot steam cleaning as necessary o Beautification throughout the district o Enhanced trash emptying o Removal of bulky items as necessary o Timely graffiti removal, within 24 hours as necessary o Tree and vegetation maintenance o Parking assistance; o Enhanced beautification around blocks with predominant condo residential unit parcels including, hanging plants, intensive sidewalk landscaping, extra trash cans, dog waste distribution boxes; o Maintenance personnel and supervisor/oversight costs

The following category of special benefit services shall only be provided to individual parcels within the modified District:

DISTRICT IDENTITY (10%), $ 11,121 of$ 136,731 is added by the expansion area to the existing budget for district identity.

Examples of these special benefit services and costs include, but are not limited to: o Special events o Marketing and Promotions strategies o Holiday decorations o Web site development and maintenance o Advertising o Communications o Way finding sign system o Planning of new outdoor spaces o Banner program

13 The following category of special benefit services shall only be provided to individual parcels within the modified District:

ADMINISTRATION AND CORPORATE OPERATIONS: {15%), $16,681 of S 205,097 is added by the expansion area to the existing budget for sidewalk operations and beautification.

Examples of these special benefit services and costs include, but are not limited to: o Staff and administrative costs o Insurance o Office related expenses o Financial reporting o Accounting o Legalwork

The following category of special benefit services shall only be provided to individual parcels within the modified District:

CONTINGENCY/CITY FEES/RESERVE: (11%L $ 12,233 of $ 150,404 is added by the expansion area to the existing budget for sidewalk operations and beautification.

Examples of these special benefit services and costs include, but are not limited to: o Delinquencies* o City Fees** o Reserves***

*Reserve for Slow Payments: Eleven percent of the budget is held in reserve to offset delinquent and/or slow payment from both public and private properties.

**City Fees: Assessments are budgeted in order to fund the expenses charged by the City of Los Angeles and County of Los Angeles for collection and distribution of PBID revenue. This line item expense shall be found in the "Contingency/City Fees/Reserve" portion of the modified budget.

***Reserves~ Reserves are budgeted for those funds that remain from the 11% set aside, that are over and above those that have not been collected and are over and above the city fees. These reserves shall be carried forward from year to year, or may be reallocated to the designated budgetary categories found within the Management District Plan.

14 Summation of Categories of Special Benefit Services for the Modified and Expanded Historic Los Angeles Property Business Improvement District

Table3-A

Sidewalk Operations and Beautification 64% $ 875,078.79 ··.······•·•· >. [Jisfl"i~(ltf~n.tit'f<.···•·• ·· ·.· . ib% .. · .· . ·...... $ .i3~)7~J.04 > Administration/Corporate Operations 15% $ 205,096.54 ·.. ·· ... ·.·.· • C(>lltinger!Cy/City .Fees/Reserves····.·· .•. ·.. · ... · ·. >>jf% .••.• $.150,404.13.·... ·•··· .

TOTAL 100% $ 1,367,310.37

Five Year Operating Budget~ A projected five-year operating budget for the modified and expanded Historic Downtown Los Angeles PBID is provided below. The projections are based upon the following assumptions:

m Assessments will be subject to changes in the Los Angeles County Consumer Price Index (CPI), with annual increases not to exceed 5% per year. Increases will be determined by the Owners Association and in no case shall annual increases exceed 5% per year, nor shall they exceed the actual CPI increase in a given year.

Assessments for specific programs may be reallocated from year-to-year among District activities within a 10% range within each budget line item and may not exceed 10% of the total budget for all programs and activities. Changes based upon District needs and changed services must be approved by the Los Angeles City Council.

15 Five Year Projection of Maximum Assessment for the Modified and Expanded Historic Downtown Los Angeles PBID*

Table 3- B l01i········· .. ··.·•·

Sidewalk Operations/ Beautification {64%) $875,078.59 $918,832.51 $964,774.13 .·.::·/··>-:-::.:.: .\ ..-.··:: .·.·>:·;. ·. ·.· .. ·.· ,,· .. ·. ··:·.··.

· ····••.d~~tFtti,•~¢hii~YAdministrative/ (~o%)·············• ••··•··•••• $l3~,J~i.64 •. ··········~·14~,5·6;.5~ ···················$isd,74~·-~s··•·• Corporate Operations (15%) $205,096.54 $215,351.36 $226,118.92 ;~~~~~~i~~~71{1%l ..•...· .••••••••••• s·~so,dal •. l3··· ...... •...•. •;157,914 .• 33 •..••.••.••.•••. $.165,8'~0 •.54·····

Total (100%) $1,367,310.37 $1,435,675.79 $1,507,459.55

*Assumes a 5% yearly increase on all budget items. Note: Any accrued interest or delinquent payments will be expended in the above categories.

** 2009 and 2010 budgets show the actual BID budget for each year, based on the property available during that year, without the proposed expansion area parcels.

Section 4 Assessment Methodology

The Historic Downtown LA PB!D is a property-based benefit assessment type district being modified as a Property Business Improvement District (PBID) pursuant to Section 36600 et seq. of the California Streets and Highways Code, also known as the Property and Business Improvement District Law of 1994 {the "Act"). Due to the special benefit assessment nature of assessments levied on individual parcels within a PBID, District program costs are to be distributed amongst all identified specially benefiting properties based on the proportional amount of special program benefit each individual property is expected to derive from the assessments collected. Within the Act, frequent references are made to the concept of relative "benefit" received from PBID programs and activities versus amount of assessment paid. Only those individual properties expected to derive special benefits from PBID funded programs and activities may be assessed and only in an amount proportional to the relative special benefits expected to be received.

The method used to determine special benefits derived by each identified individual property within a PBID begins with the selection of a suitable and tangible basic benefit

16 unit. For property related services, such as those proposed in the modified and expanded Historic Downtown LA PBID, the benefit unit may be measured in linear feet of primary street frontage or parcel size in square feet or building size in square feet or number of building floors or proximity to major corridors in average linear feet, or any combination of these factors. Quantity takeoffs for each parcel are then measured or otherwise ascertained. From these figures, the amount of benefit units to be assigned to each property can be calculated. Special circumstances such as unique geography, land uses, development constraints etc. are carefully reviewed relative to specific programs and improvements to be funded by the modified PBID in order to determine any levels of diminished benefit which may apply on a parcel-by-parcel or categorical basis.

Based on the factors described above such as geography and nature of programs and activities proposed, an assessment formula is developed which is derived from a singular or composite basic benefit unit factor or factors. Within the assessment formula, different factors may be assigned different "weights" or percentage of values based on their relationship to programs/services to be funded.

Next, all program and activity costs, including incidental costs, District administration and ancillary program costs, are estimated. It is noted, as stipulated in Proposition 218, and now required of all property based assessment Districts, indirect or general benefits may not be incorporated into the assessment formula and levied on the District properties; only direct or "special" benefits and costs may be considered. Indirect or general benefit costs, if any, must be identified and, if quantifiable, calculated and factored out of the assessment cost basis to produce a "net" cost figure. In addition, Proposition 218 no longer automatically exempts government owned property from being assessed and if special benefit is determined to be conferred upon such properties, they must be assessed in proportion to special benefits conferred in a manner similar to privately owned property assessments.

From this, the value of a basic benefit unit o~ "basic net unit cost" can be computed by dividing the total amount of estimated net program costs by the total number of benefit units. The amount of assessment for each parcel can be computed at this time by multiplying the Net Unit Cost times the number of Basic Benefit Units per parcel. This is known as "spreading the assessment" or the "assessment spread" in that all costs are allocated proportionally or "spread" amongst all properties within the modified PBID.

The method and basis of spreading program costs varies from one PBID to another based on local geographic conditions, types of programs and activities proposed, and size and development complexity of the District. PBIDs may require secondary benefit zones to be identified to allow for a tiered assessment formula for variable or "stepped down" benefits derived.

During the first year of operation, thirty-five per cent of the District's revenues will be generated from the commercial building square footage; thirty-three per cent of the District

17 revenues will be generated from the linear frontage property variable; twenty-one per cent of the District revenues will be generated from parcel square footage or lot size; and eleven per cent of the District's revenues will be generated from the condo residential unit parcels assessments from their building square footage.

Street Frontage Defined: Properties are assessed for all street frontages. Properties with more than one street frontage, such as corner lots or whole block parcels are assessed for the sum of the parcel's entire street frontage. Linear front footage data was obtained from the County Assessor's parcel maps and reviewed by the City Clerk's office of Los Angeles.

Building Square Footage Defined: Building square footage is defined as gross building square footage as determined by the outside measurements of a building. Building Square footage data was obtained by the County Assessor's office and confirmed by the City Clerk's office of Los Angeles.

Lot Square Footage Defined: Lot square footage is defined as the total amount of area within the borders of the parcel. The borders of a parcel are defined on the County Assessor's parcel maps and confirmed by the City Clerk's office of Los Angeles.

Condo Residential Unit Parcel Defined: Condo Residential Unit building square footage is defined as the livable building square footage within the walls of the condo residential unit parcel. Unlike the other commercial parcels in the district, including commercially operated apartment buildings, condo residential unit parcels are assessed for building square footage only, and not assessed for linear frontage and lot square footage. This data was obtained by the County Assessor's office and confirmed by the City Clerk's office of Los Angeles.

As a result of continued development, the modified District may experience the addition or subtraction of assessable commercial footage for parcels included and assessed within the modified BID boundaries. The modification of parcel improvements assessed within the modified District may then change upwards or downwards the amount of total footage assessment of these parcels. In future years, the assessments for the special benefits bestowed upon the included BID parcels may change in accordance with the modified assessment methodology formula listed in the modified Management District Plan and Engineer's Report provided the assessment rate does not change. If the assessment formula changes, then a Proposition 218 ballot will be required for approval of the formula changes

Calculation of Assessments The proportionate special benefit derived by each identified parcel shall be determined in a relationship to the entirety of the improvement or the maintenance and operation expenses of an improvement or for the cost of property service being provided. Per California Constitutional Amendment Article XIII D, Section 2(i), 'Special Benefit', means a

18 particular and distinct benefit over and above general benefits conferred on a real property located in the district or to the public at large.

Four factors shall be used in the determination of the annual assessments. They include the property variables of lot size, linear frontage and commercial building square footage. The fourth factor shall be whether the building is used as a condo residential unit.

These four factors are derived by multiplying their weighted percentage of benefit by the total budget amount and dividing the result by the total measurement for each benefit factor. These four factors are calculated as follows:

Lot Size {Budget X 21%) I 2,100,526 sq ft $0.135/sq ft

······u·~·e·~·r··Fobt~·ge••·• •········· ...... (~ud~~tx33~)/20,!)0Siinft .•.. · ·.· .... >.. $21.58/lin ft.> .. •····· ... ·.

Commercial Bldg. Sq Ft (Budget X 35%) I 10,323,643 sq ft $0.043lsq ft

condo Residential··.. •·.· · .. > ·.. ·. ·.·• ··•· .··•·· · •· ··. ·· .·.· ...... •. ·.. ·. •···· ..• •.• ..· •. $0.238/s~··ft ..•... ··••· ····UriitSquar~F~otage········· •..•...••.•... (Bu~getX.l1%)/848,429sqJt· .•..

Each of these four factors may be used in determining individual assessments which are described later in this section.

No assessment shall be imposed on any parcel, which exceeds the reasonable cost of the proportional special benefits conferred upon that parcel. Only special benefits are assessable and these benefits must be separated from any general benefits. A general benefit is defined as a benefit to properties in the surrounding community or a benefit to the public in general resulting from improvement, activity or service to be provided by the assessment levied.

The special benefits funded by this modified District will be over and above existing City of Los Angeles baseline service levels in the commercially zoned parcels and will serve to increase tenancies, increase commerce, increase economic viability and fund a system of cleanliness and beautification over and above current service levels.

All General Benefits (if any) to the surrounding community and general public are intangible and not able to be quantified. All benefits derived from the assessment outlined in the modified Management District Plan {MOP) fund only services directly benefiting the individual property parcels in this specialized District in maintenance and security, as well as increased commerce and all the other goals and objectives of the modified Historic Downtown Los Angeles PBID's purpose.

19 Properties are assessed as defined on the county assessor's most current parcel maps.

The preceding methodology is applied to the database of parcels within the District. The process for compiling the modified property database includes the following steps:

• A report was submitted to the City Clerk's office using the data obtained from the County of Los Angeles Assessor's office. The City Clerk reviewed the report.

@I A list of properties to be included within the modified Historic Downtown Los Angeles PBID is provided in section 7.

The basis of funding shall be through special benefit assessments levied on real property throughout the modified District. The rates of assessment vary by the proportionate amount of special benefit received by each parcel. A detailed explanation of the special beriefit assessment rationale is made in the attached Engineer's Report.

The Calculation of Assessment for each parcel in the modified BID is as follows: Commercial parcel assessment The typical assessment method for all commercial parcels and ground floor commercial condominiums is: Total Street Frontage X $21.58 per linear foot plus Total Lot Square Footage X $0.135 per Square Foot plus Total Building Square footage X $0.043 per Square Foot Equals

TOTAL PARCEL ASSESSMENT

All privately owned property in the modified District will be assessed using the above calculation, with the exception of condo residential unit parcels, which are defined previously.

Condo residential unit parcels Condo residential unit parcels built on commercially zoned parcels are assessed as a separate category. These condo residential units are not built on residentially zoned land, but rather on commercially zoned parcels within the boundaries of the modified Historic Downtown LA Renewal PBID.

These condo residential units are converted from former office or commercial buildings through City of Los Angeles "adaptive re-use" ordinances, or have been constructed on parcels that have designated as mixed use in Downtown Los Angeles. These condo residential unit parcels will be assessed for their building square footage only at the rate of $0.22 per square foot. After the first year of the modified district, the condo residential

20 property owners will be assessed at the same rate or a rate that is increased by the approved CPI increase as approved by the Owners Association.

These residents receive special benefits from clean and safe services but not other programs designed to attract and retain businesses. Therefore, they will pay 100% of the special benefits provided from the target services and programs provided. A detailed explanation of their special benefit and the rationale for this assessment is provided in the attached Engineer's Report. The Calculation of Assessment for each Condo Residential Unit in the BID is as follows:

Total Residential Unit Square footage X $0.238 per Square Foot

Equals

TOTAL CONDO RESIDENTIAL UNIT ASSESSMENT

Publicly owned parcels Publicly owned property will be assessed differently than privately owned property.

City owned and State of California parcels will not benefit from and shall not pay for "District Identity" special benefits in the proposed modified Historic Downtown Los Angeles PBID. District Identity services are geared to enhance commercial businesses in the District. Each public parcel will pay 100% of the assessment for the special benefits received.

The Calculation of Assessment for Publicly owned property in the BID is as follows:

Total Street Frontage X$ 19.42 per linear foot

plus Total Lot Square Footage X $0.1215 per Square Foot

plus Total Building Square footage X $0.039 per Square Foot

equals TOTAL PARCEL ASSESSMENT

Commercial condominium parcels Ground floor commercial condominiums will be treated like independent "mini" commercial buildings and assessed based on their divided building area, the footprint of land they cover, and the amount of direct street frontage towards the exterior of the building. Ground floor commercial condominiums will pay 100% of the special benefits for the assessment.

21 Upper floor commercial condominiums} however, do not have direct access to street frontage services and are deemed to only receive special benefit for the commercial services rendered to the entire building. Therefore, they will pay 100% of the special benefits provided from the target services and programs provided. A further explanation of their special benefit and the rationale for this assessment is provided in the attached Engineer's Report. The Calculation of Assessment for Upper Floor Commercial Condominiums is as follows:

Total Upper Floor Commercial Condo Square Footage X $0.043 per Square Foot Eguals

TOTAL UPPER FLOOR COMMERCIAL CONDOMINIUM ASSESSMENT

Parking structures Parking structures fully integrated within a building will be deducted from assessed buildings square footage and the remaining square footage of the building will be assessed under the equitable assessment methodology} or combination thereof} previously described.

However, freestanding parking structures and surface parking lots are deemed to receive the same special benefit as commercial businesses and will be assessed by all three regular assessment variables at the regular assessment rates initially described in this section.

Projected Annual Costs for First Year of the Modified and Expanded Historic Downtown Los Angeles PBID Table4-A

Linear Frontage Lot Square Building Square Condo Residential Unit First Year Annual Footage First Year Footage First Year Parcels -Annual Cost per Costs Annual Costs Annual Costs square foot of parcel building space $21.58 $0.135 $0.043 $ 0.238 ~.

Database for the Modified Historic Downtown Los Angeles PBJD: Table4 -8

,---- Condo Residents Unit Linear Frontage Lot Square Building Square Parcels, Building Square Total Footage Total Footage Total Footage to be assessed

20.508 linear feet 2,100,526 sq. ft. 10,3231 643 sq. ft. 848,429 sq. feet

22 Amount Generated during the First Year by Property Variable for the Modified and Expanded Historic Downtown Los Angeles PBID- Total Revenues: $1#367;310 Table4-C

--·--~-

Linear Frontage Lot Square Building Square Total Footage Total Footage Total Condo Residential Units $ 442,562.64 $ 283,571.01 $ 443,916.64 $ 201,077.67

Maximum Assessment Assessments will be subject to changes in the Los Angeles County Consumer Price Index (CPI), for all urban consumers, annual increases not to exceed 5% per year. Increases will be determined by the PBID Owners' Association and will vary between 0 and 5% in any given year. The following projections illustrate a potential 5% annual increase.

Maximum Assessments by Property Variable Table4- D

linear Feet $20.00 $21.00 $21.58 $22.66 $23.79 ·tot square fcjotage · ·· ··•·. $b.12s .· .$<11312 .• ·· > $0;135 ······• $0~1417 i $0,1488 ··.·. Bldg Square Footage $0.04 $0.042 $0.043 $0.0451 $0.0474 condd Residenli;.d unit •···· .·. ·. ... ·· · .. ·.·.·· .· .· ··... · .·.··••· ·••· ·• •··· ·· ·.. ..·· .·

•·•.•··.··... fp.·•·.··.·oa.·.•·.r.. c.t·.·····.ea·.·····.··lg•s...e-.··.·· .. ·.·.c·.··.·B.·.·.o····.u···s·.··· .. ··it.l.···sd. ing Squ~re...·.. . ..•.· .•...•...••... ··•·••··•··• ··· .. ··. •·:.·.· ...••• \: ...... <...... >< < : ...... • •. •·•·••····•···•• ·•··· > ·· < · • << ··s···a····2· ···2··· .. ·•·· ··· •·s··.··a·····2···3·· ··1·· •.•.·.· ...·.· ....• •.·.··.··.• $.. •.·a····.· ..;2•·•3· ...···•a··· .•..•. ·.·.·····.···.····.•.·.·.$···.·o···.·.·.·.····.·2· •. ·.4· .. ····.a·····.·a··.·•.·.·.· .. •·•.•·. ·•·$··o··2··6· ·1··2··g· ... ··.·.·.··• . 0 ::·:·····'· ········...... :·· ...... ·.:·.. ·· ...•... · ...... ·· ....··: . . . - ..... ·· .. ;. : ..·.· .. ···· ·. * 2009 and 2010 budgets show the actual BID budget for each year, based on the property available during that year, without the proposed expansion area parcels.

Budget Adjustments Annual budget surpluses, if any, will be rolled into the following year's budget. Assessments will be set annually, within the constraints of the CPI or land use changes. Revenues from the delinquent accounts may be expended in the year they are received. If the District is not renewed, any remaining funds will be returned to property owners in the proportion by what each property owner paid.

If the modified District renews and money is left over from the previous term, the balance of remaining funds will be rolled over into the renewed district. However, the rolled over funds may only be used within the boundaries of the old district. Funds collected from the previous BID term cannot be expended for activities, services, or improvements in the expanded area but may be used to finish renewal activities.

23 Time and Manner for Collecting Assessments The modified Historic Downtown Los Angeles PBID assessment will appear as a separate line item on annual property tax bills prepared by the County of Los Angeles. The assessments shall be collected at the same time and in the same manner as for the ad valorem property tax paid to the County of Los Angeles. These assessments shall provide for the same lien priority and penalties for delinquent payment as is provided for the ad valorem property tax.

However, assessments may be billed directly by the City for the 1st fiscal year of operation or during a partial year based upon the modified and expanded District timing. The modified and expanded areas will then by the County for all subsequent years. Any delinquent assessments owed for the first year will be added to the property tax roll for the following year. The "property owner" means any person shown as the owner/taxpayer on the last equalized assessment roll or otherwise known to be the owner/taxpayer by the City.

Disestablishment California State Law, Section 36670 provides for the disestablishment of a District. Upon the termination of the previous District, any remaining revenues shall be transferred to the modified District, if one is established, pursuant to Streets and Highways Code Section 36660(b). Unexpended funds will be returned to property owners based upon each parcels percentage contribution to the total year 2013 assessments if the District is not renewed. Unexpended funds may also be used for renewal costs if the Owners Association decides to pursue renewal of the District for another term.

Government Assessments The modified Historic Downtown Los Angeles PBID Management Plan assumes that the City of Los Angeles and other government entities will pay assessments for the public property within the boundaries of the District. Article XIII D, Section 4 of the California Constitution was added in November of 1996 to provide for these payments. Parcels owned by the City of Los Angeles, the State of California and the County of Los Angeles shall receive benefits, commensurate with the assessments paid into the modified Historic Downtown Los Angeles PBID. The publicly owned parcels are presumed to benefit equally to the privately owned parcels for the special benefits provided.

Future Development As a result of continued development, the modified District may experience the addition or subtraction of assessable commercial or residential building footage for parcels included and assessed within the modified District boundaries. The modification of parcel improvement assessed within the District may then change upwards or downwards the amount of total building square footage assessment for these parcels.

In the future years, the assessments for the special benefits bestowed upon the included BID parcels may change in accordance with the assessment methodology formula listed in

24 the modified Management District Plan and Engineer's Report provided the assessment rate does not change. If the assessment formula changes, then a Proposition 218 ballot will be required for approval of the formula changes.

Assessment of Possessory Interests The modified Historic Downtown Los Angeles Business Improvement District Management District Plan provides for the levy of assessments for the purpose of providing improvements and promoting activities that benefit property owners and business owners within the modified District. These assessments are not taxes for the general benefit of the city, but are assessments for the improvements and activities that confer special benefits upon owners of interest in real property for which the improvement and activities are provided.

The assessments levied are levied on the basis of the estimated benefit to the real property within the property and Business Improvement District. Owners of possessory interest in real property within the district are owner of real property and benefit from the proposed improvements and activities. Because assessments are levied based on estimated benefit, owners of possessory interest are required to pay their fair share of assessments.

Possessory interest tax is collected by the County of Los Angeles, as per California Revenue and Taxation(R&T) Code Section 61, 107-107.9, 480.6 and Property Tax Rules 20, 21-22 and 27-28, only in those instances where an underlying property owner is not paying real property taxes. Likewise, as it relates to owners of possessory interests, the assessment for the proposed district shall be levied on these owners only where no underlying assessment is levied. Therefore, fair share shall be determined on the same basis as the assessment calculation for all other owners. All possessory interest owners shall be assessed based on the total for all assessment variables that would be including front frontage, lot square footage and building square footage- an assessment that would be equal to the assessment that would have been levied on the underlying property owner. This assessment represents the benefit from the proposed activities and improvements.

The assessment shall be collected at the same time and in the same manner as does the possessory interest tax paid to the County of Los Angeles. These assessments shall provide for the same lien priority and penalties for delinquent payment as is provided for the possessory interest tax.

The "property owner" ofthe possessory interest shall be any person shown as the owner of land on the last equalized possessory interest assessment roll or otherwise known to be the owner of land by the City Council. The City Council has no obligation to obtain other information as to the ownership of the interest, and its determination of ownership shall be final and conclusive for the purposes of the modified District.

Unexpended Possessory interest funds will be returned to those who paid the assessments based upon each parcel's percentage contribution to the total year 2013 assessments if the

25 District is not renewed. Unexpended Possessory interest funds may also be used for renewal costs if the Owners Association decides to pursue renewal of the District for another term. Table 4- E

Government Owned Parcels in the modified and expanded Historic Downtown Las Angeles PBID

LA State Building Authority 5149 025 900 421 S. Broadway $2,277.00 .17%

City Parcel 5149-036-907 514 5. Spring Street $5,914.00 .44%

Section 5 District Rules and Regulations

Pursuant to the Property Business Improvement District Law of 1994, as amended, a BID may establish rules and regulations that uniquely apply to the District. The modified District has adopted the following rules:

> Current and future condo residential unit parcels shall be assessed as a special category at $0.238 per square foot of their parcel building square footage and their assessments will contribute to the Sidewalk Operations and Beautification special benefit services, as well as fund special evening security services and peripheral enhanced beautification programs, responsive to their specific needs.

Bonds: The District will not issue any bonds related to any program.

Section 6 Implementation Timetable

The modified Historic Downtown Los Angeles PBID is expected to be established and begin implementation of the Management District Plan on Jan 1, 2011. Consistent with the

26 limitations of State Law, the modified Historic Downtown Los Angeles PBID will have an approximately three year term through December 31, 2013.

Section 7 Parcel Numbers of Properties Included

The assessment methodology used is based on the following property variables; building square footage, lot size, linear frontage, building use and whether it is a condo residential unit parcel.

The following list of Parcels was corrected in parcel size and assessment as of August 2011 through technical corrections made by the Office of the City Clerk. The parcels listed here reflect their full year 2011 assessment rates.

Parcels for the Modified and Expanded area which are proposed to be added to the Historic Downtown lA BID: . ·.· ...... :Zciil 5144-026-045 215 W 7Th St #410 $154.28 ·. Assessment APN SITE ADDRESS · 5144-026-046 215 W 7Th St #411 $161.40 5144-001-011 111 W 7Th St $26,255.44 5144-026-047 215 W 7Th St #412 $163.77 1--- 5144-001-014 117 W 7Th St $18,074.58 5144-026-048 215 W 7Th St #501 $154.99 - 5144-026-023 215 W 7Th St $2,044.63 5144-026-049 215 W 7Th St #502 $184.66 5144-026-024 215 W 7Th St #301 $154.28 5144-026-050 215 W 7Th St #503 $158.08 5144-026-025 215 W 7Th St #302 $185.13 5144-026-051 215 W 7Th St #504 $185.13 5144-026-026 215 W 7Th St #303 $154.28 5144-026-052 215 W 7Th St #505 $205.31 5144-026-027 215 W 7Th St #304 $180.39 5144-026-053 215 W 7Th St #506 $178.01 5144-026-028 215 W 7Th St #305 $211.24 5144-026-054 215 W 7Th St #507 $175.88 5144-026-029 215 W 7Th St #306 $175.64 5144-026-055 215 W 7Th St #508 $205.07 -~ 5144-026-030 215 W 7Th St #307 $178.01 5144-026-056 215 W 7Th St #509 $110.13 5144-026-031 215 W 7Th St #308 $208.87 5144-026-057 215 W 7Th St #510 $152.38 5144-026-03 2 215 W 7Th St #309 $109.18 5144-026-058 215 W 7Th St #511 $155.23 5144-026-033 215 W 7Th St #310 $102.06 5144-026-059 215 W 7Th St #512 $164.01 5144-026-034 215 W 7Th St #311 $159.03 5144-026-060 215 W 7Th St #601 $154.28 - 5144-026-035 215 W 7Th St #312 $163.77 5144-026-061 215 W 7Th St #602 $185.13 5144-026-036 215 W 7Th St #401 $156.65 r---· 5144-026-062 215 W 7Th St #603 $159.03 5144-026-03 7 215 W 7Th St #402 $185.13 5144-026-063 215 W 7Th St #604 $185.13 5144-026-038 215 W 7Th St #403 $137.66 5144-026-064 215 W 7Th St #605 $211.24

~~ 5144-026-039 215 W 7Th St #404 $185.13 5144-026-065 215 W 7Th St #606 $173.27 . ,~ .... -,~·-·· 5144-026-040 215 W 7Th St #405 $206.50 ·- 5144-026-066 215 W 7Th St #607 $175.64 f-~~----· 5144-026-041 215 W 7Th St #406 $173.27 5144-026-067 215 W 7Th St #608 $204.12

·~~~n 5144-026-042 215 W 7Th St #407 $178.01 5144-026-068 215 W 7Th St #609 $109.18 5144-026-043 215 W 7Th St #408 $204.12 5144-026-069 215 W 7Th St #610 $154.28 5144-026-044 215 W 7Th St #409 $109.18

27 ~~--- 5144-026-070 215 W 7Th St #611 $163.77 5144-026-115 215 W 7Th St #1008 $204.12 ··-~ . -· 5144-026-071 215 W 7Th St #612 $163.77 5144-026-116 215 W 7Th St #1009 $109.18 ·-f--· -~ 5144-026-072 215 W 7Th St #701 $154.28 5144-026-117 215 W 7Th St #1010 $151.91 ·-- 5144-026-073 215 W 7Th St #702 $185.13 5144-026-118 215 W 7Th St #1011 $154.28 --~ 5144-026-074 215 W 7Th St #703 $135.29 5144-026-119 215 W 7Th St #1012 $163.77 - 5144-026-075 215 W 7Th St #704 $185.13 5144-026-120 215 W 7Th St #1101 $154.28 -· 5144-026-076 215 W 7Th St #705 $204.12 5144-026-121 215 W 7Th St #1102 $185.13 5144-026-077 215 W 7Th St #706 $178.01 5144-026-122 215 W 7Th St #1103 $156.65 5144-026-078 215 W 7Th St #707 $175.64 5144-026-123 215 W 7Th St #1104 $185.13 5144-026-079 215 W 7Th St #708 $204.12 5144-026-124 215 W 7Th St #1105 $201.75 5144-026-080 215 W 7Th St #709 $109.18 5144-026-125 215 W 7Th 5t #1106 $182.76 5144-026-081 215 W 7Th St #710 $151.91 5144-026-126 215 W 7Th St #1107 $173.27 5144-026-082 215 W 7Th St #711 $154.28 5144-026~127 215 W 7Th St #1108 $204.12 5144-026-083 215 W 7Th St #712 $163.77 5144"026-128 215 W 7Th St #1109 $109.18 5144-026-084 215 W 7Th St #801 $154.28 5144-026~129 215 W 7Th St #1110 $154.28 5144-026-085 215 W 7Th St #802 $185.13 5144-026-130 215 W 7Th St #1111 $163.77 5144-026-086 215 W 7Th St #803 $156.65 5144-026-131 215 W 7Th St #1112 $166.15 - 5144-026-087 215 W 7Th St #804 $185.13 5144-026-132 215 W 7Th St #1201 $154.28 5144-026-088 215 W 7Th St #805 $206.50 5144-026-133 215 W 7Th St #1202 $185.13 5144-026-089 215 W 7Th St #806 $178.01 5144-026-134 215 W 7Th St #1203 $156.65 5144-026-090 215 W 7Th St #807 $175.64 5144-026-135 215 W 7Th St #1204 $185.13 5144-026-091 215 W 7Th St #808 $204.12 5144-026-136 215 W 7Th St #1205 $204.12 5144-026-092 215 W 7Th St #809 $109.18 5144-026-137 215 W 7Th St #1206 $170.89 5144-026-093 215 W 7Th St #810 $151.91 5144-026-138 215 W 7Th St #1207 $178.01 5144-026-094 215 W 7Th St #811 $154.28 5144-026-139 215 W 7Th St #1208 $197.00 5144-026-095 215 W 7Th St #812 $163.77 5144-026-140 215 W 7Th St #1209 $109.18 s 144-026-096 215 W 7Th St #901 $173.74 5144-026-141 215 W 7Th St #1210 $154.28 5144-026-097 215 W 7Th St #902 $185.13 5144-026-142 215 W 7Th St #1211 $163.77 5144-026-098 215 W 7Th St #903 $156.65 5144-026-143 215 W 7Th St #1212 $166.15 $185.13 5144-026-144 215 W 7Th St #1301 5144-026-099 215 W 7Th St #904 . - $135.29 5144-026-100 215 W 7Th St #905 $211.24 5144~026-145 215 W 7Th St #1302 $189.88 5144-026-101 215 W 7Th St #906 $173.27 5144-026-146 215 W 7Th St #1303 $149.53 5144-026-102 215 W 7Th St #907 $175.64 5144-026-147 215 W 7Th 5t #1304 $185.13 5144-026-103 215 W 7Th St #908 $204.12 5144-026-148 215 W 7Th St #1305 $135.29 5144-026-104 215 W 7Th St #909 $204.12 5144-026-149 215 W 7Th St #1306 $111.56 5144-026-105 215 W 7Th St #910 $151.91 5144-026-150 215 W 7Th St #1307 $121.05 5144-026-106 215 W 7Th St #911 $154.28 5144-026-151 215 W 7Th St #1308 $121.05 ---~ 5144-026-107 215 W 7Th St #912 $163.77 5144-026-152 215 W 7Th St #1309 $161.40 5144-026-108 215 W 7Th 5t #1001 $154.28 5144-026-153 215 W 7Th St #1310 $106.81 - ~-· 5144-026-109 215 W 7Th St #1002 $185.13 5144-026-154 215 W 7Th St #1311 $244.47 ·- - 5144-026-110 215 W 7Th St #1003 $135.29 5144-026-155 215 W 7Th St #1401 $180.39 ··-·---· 5144-026-111 215 W 7Th St #1004 $185.13 5144-026-156 215 W 7Th St #1402 $239.73 5144-026-112 215 W 7Th St #1005 $204.12 5144-026-157 215 W 7Th St #1403 $144.79 5144-026-113 215 W 7Th St #1006 $178.01 5144-026-158 215 W 7Th St #1404 $163.77 5144-026-114 215 W 7Th St #1007 $175.64 5144-026-159 215 W 7Th St #1405 $154.28 -·-

28 ~- -- ·------T~------5144-026-160 215 W 7Th St #1406 $234.98 5148-021-015 600 S Main St $41,287.55 5144-026-161 215 W 7Th St #1407 $168.52 TOTAL .· I $1u,2o7js -~ 5144-026-162 215 W 7Th St #1408 $306.18

Current Parcels already within the Historic Downtown lA BID boundaries and which already pay an assessment:

. .. ·.· . . 2011 5144-014-030 737 Broadway $3,719.15 .. APN• Sit~ Address······· Asse~sment 5144-014-031 735 Broadway $2,306.07 5139-003-001 912 Hill St $17,163.11 5144-014-032 731 Broadway $2,313.45 5139-003-012 920 Hill St $4,219.61 5144-014-036 725 Broadway $4,258.28 5139-003-013 916 Hill St $2,110.55 5144-014-037 719 Broadway $4,230.92 5139-003-014 930 Hill St $3,070.75 5144-014-038 701 Broadway $18,263.14 5139-003-017 940 Hill St $13,854.81 5144-015-023 740 Broadway $7,085.26 5144-001-010 601 Main St $10,426.65 5144-015-024 730 Broadway $6,673.52 5144-001-012 619 Main St $2,351.41 5144-015-034 722 Broadway $5,203.10 5144-001-013 625 Main St $2,514.99 5144-015-035 716 Broadway $5,914.15 5144-001-015 640 Spring St $2,598.79 5144-015-036 710 Broadway $4,046.33 5144-001-016 630 Spring St $6,042.38 5144-015-053 700 Broadway $12,224.89 5144-001-018 618 Spring St $6,269.62 5144-015-056 756 S Broadway #Cu-1 $1,613.43 5144-001-020 600 Spring St $21,414.97 5144-015-057 756 5 Broadway #Cu-2 $4,714.47 5144-001-021 626 S Spring St $4,355.51 5144-015-058 756 S Broadway #201 $28.48 5144-002-010 649 Spring St $2,081.28 5144-015-059 756 S Broad_way #202 $28.91 5144-002-012 633 Spring St $2,564.22 5144-015-060 756 S Broadway #203 $24.17 5144-002-015 617 Spring St $1,902.87 5144-015-061 756 S Broadway #204 $21.58 5144-002-016 607 Spring St $8,966.10 5144-0 15~062 756 S Broadway #205 $26.32 5144-002-017 601 Spring St $9,196.18 5144-015-063 756 S Broadway #206 $44.02 5144-002-018 600 Broadway $16,471.33 5144-015-064 756 S Broadway #207 $20.71 5144-002-019 612 Broadway $5,620.24 5144-015-065 756 s Broadw_?y #208 $27.19 . ·- 5144-002-020 618 Broadway $3,046.61 5144-015-066 756 S Broadway #209 $46.18 5144-002-021 638 Broadway $5,768.74 5144-015-067 756 S Broadway #210 $28.91 5144-002-022 644 Broadway $5,003.56 5144-015-068 756 S Broadway #211 $22.44 5144-002-023 648 Broadway $3,620.84 5144-015-069 756 5 Broadway #212 $22.44 5144-002-025 219 7Th St #1117 $9,440.67 5144-015-070 756 S Broadw~_Y #213 $25.46 5144-002-026 626 Broadway $6,829.68 5144-015-071 756 S Broa<:J~ay #214 $33.23 5144-002-152 639 S Spring St $8,205.75 ,---- 5144-015-072 756 S Broadway #301 $28.48 5144-003-012 635 Broadway $2,304.94 5144-015-073 756 S Broadway #302 $28.91 5144-003-013 629 Broadway $5,358.73 5144-015~074 756 S Broadway #303 $24.17 --- 5144-003-014 621 Broadway $5,314.46 - 5144-015-075 756 S Broadway #304 $22.01 5144-003-016 601 Broadway $9,534.20 !------· 5144-015-076 756 S Broadway #30i. $33.23 5144-003-040 641 Broadway $25,057.77 -- --- 5144-015-077 756 S Broadway #306 $28.05 ·--~ 5144-014-027 3018Th St $7,127.50 5144-015-078 756 S Broadway #307 $27.62 5144-014-028 749 Broadway $3,464.81 5144-015-079 756 S Broadway #308 $24.60 5144-014-029 745 Bro_adway $5,531.66 5144-015-080 756 S Broa_~way #309 $29.35

29 5144-015-081 75(:i S Broadway #310 $31.07 5144-015-126 756 S Broadway #613 $25.46 ·--~ 5144-015-082 756 S Broadway #311 $25.03 5144-015-127 756 S Broadway #614 $30.64 5144-015-083 756 S Broadway #312 $25.03 5144-015-128 756 S Broadway #701 $28.48 5144-015-084 756 S Broadway #313 $25.46 5144..(115-129 756 S Broadway #702 $28.91 c---- ~"~~- 5144-015-085 756 S Broadway #314 $30.64 5144-015-130 756 S Broadway #703 $24.17 -~ 5144-015-086 756 S Broadway #401 $28.48 5144-015-131 756 S Broadway #704 $22.01 5144-015-087 756 S Broadway #402 $28.91 5144-015-132 756 S Broadway #705 $33.23 -~ 5144-015-088 756 S Broadway #403 $24.17 5144-015-133 756 S Broadway #706 $28.05 5144-015-089 756 S Broadway #404 $22.01 5144-015-134 756 S Broadway #707 $27.62 5144-015-090 756 S Broadway #405 $33.23 5144-015-135 756 S Broadway #708 $24.60 5144-015-091 756 S Broadway #406 $28.05 5144-015-136 756 S Broadway #709 $29.35 5144-015-092 756 S Broadway #407 $27.62 5144-015-137 756 S Broadway #710 $31.07 5144-015-093 756 S Broadway #408 $24.60 5144-015-138 756 S Broadway #711 $25.03 5144-015-094 756 S Broadway #409 $29.35 5144-015-139 756 S Broadway #712 $25.03 5144-015-095 756 S Broadway #410 $31.07 5144-015-140 756 S Broadway #713 $25.46 5144-015-096 756 S Broadway #411 $25.03 5144-015-141 756 S Broadway #71-: $30.64 5144-015-097 756 S Broadway #412 $25.03 5144-015-142 756 S Broadway #801 $28.48 -- 5144-015-098 756 S Broadway #413 $25.46 5144-015-143 756 S Broadway #802 $28.91 5144-015-099 756 S Broadway #414 $30.64 5144-015-144 756 S Broadway #803 $24.17 5144-015-100 756 S Broadway #501 $28.48 5144-015-145 756 S Broadway #804 $22.01 5144-015-101 756 S Broadway #502 $28.91 5144-015-146 756 S Broadway #805 $33.23 -~ 5144-015-102 756 S Broadway #503 $24.17 5144-015-147 756 S Broadway #806 $28.05 5144-015-103 756 S Broadway #504 $22.01 5144-015-148 756 S Broadway #807 $27.62 5144-015-104 756 s Broadway #505 $33.23 5144-015-149 756 S Broadway #808 $24.60 5144-015-105 756 S Broadway #506 $28.05 5144-015-150 756 S Broadway #809 $29.35 5144-015-106 756 S Broadway #507 $27.62 5144-015-151 756 S Broadway #810 $31.07 5144-015-107 756 S Broadway #508 $24.60 5144-015-152 756 S Broadway #811 $25.03 - 5144-015-108 756 S Broadway #509 $29.35 5144-015-153 756 S Broadway #812 $25.03 5144-015-109 756 S Broadway #510 $31.07 5144-015-154 756 S Broadway #813 $25.46 ·-- 5144-015-110 756 SBroadway#511 $25.03 5144-015-155 756 S Broadway #814 $30.64 - "-- 5144-015-111 756 S Broadway #512 $25.03 5144-015-156 756 S Broadway #901 $28.48 ---- 5144-015-112 756 S Broadway #513 $25.46 5144-015-157 756 S Broadway #902 $28.91 -- 5144-015-113 756 S Broadway #514 $30.64 5144-015-158 756 S Broadway #903 $24.17 5144-015-114 756 S Broadway #601 $28.48 5144-015-159 756 S Broadway #904 $22.01 5144-015-115 756 S Broadway #602 $28.91 5144-015-160 756 S Broadway #905 $33.23 5144-015-116 756 S Broadway #603 $24.17 5144-015-161 756 S Broadway #906 $28.05 5144-015-117 7~6 S Broadway #604 $22.01 5144-015-162 756 S Broadway #907 $27.62 5144-015-118 756 S Broadway #605 $33.23 5144-015-163 756 S Broadway #908 $24.60 - ··- 5144-015-119 756 S Broadway #606 $28.05 5144-015-164 756 S Broadway #909 $29.35 -- ~- 5144-015-120 756 S _Broadway #607 $27.62 5144-015-165 756 S Broadway #910 $31.07 -~ 5144-015-121 756 S Broadway #608 $24.60 5144-015-166 756 S Broadway #911 $25.03 --- --~~ 5144-015-122 756 S Broadway #609 $29.35 5144-015-167 756 S Broadway #912 $25.03 -··- 5144-015-123 756 ~_Broadway #610 $31.07 5144-015-168 756 S Broadway #913 $25.46 5144-015-124 756 S Broadway #611 $25.03 5144-015-169 756 5 Bro!'Jdway #914 $30.64 -- ---·- 5144-015-125 756 S Broadway #612 $25.03 5144-015-170 _756? Broadway #1001 $28.48 --- ~~-

30 5144-015-171 756 S Broadway #1002 $28.91 5144-015-216 756 S Broadway #PhS $33.23 --~- --- 5144-015-172 756 S Broadway #1003 $24.17 5144-015-217 756 S Broadway #Ph6 $28.05 5144-015-173 756 S Broadway #1004 $22.01 5144-015-218 756 5 Broadway #Ph7 --- $25.03 5144-015-174 756 S Broadway #1005 $33.23 5144-015-219 756 5 Broadway #PhS $24.60 --- 5144-015-175 756 S Broadway #1006 $28.05 5144-015-220 756 S Broadway #Ph9 -- $29.35 5144-015-176 756 S Broadway #1007 $27.62 5144-015-221 756 S Broadway #Ph10 $31.07 5144-015-177 756 S Broadway #1008 $24.60 5144-015-222 756 S Broadway #Ph11 $25.03 5144-015-178 756 S Broadway #1009 $29.35 r--5144-015-223 756 S Broadway #Ph12 $25.03 5144-015-179 756 S Broadway #1010 $31.07 5144-015-224 756 S Broadway #Ph13 $25.46 5144-015-180 756 S Broadway #1011 $25.03 5144-015-225 756 S Broadway#Ph14 $27.83 5144-015-181 756 S Broadway #1012 $25.03 5144-016-067 ~00 S Broadway $5,749.32 5144-015-182 756 S Broadway #1013 $25.46 5144-017-028 832 Hill St $12,788.05 -·- 5144-015-183 756 S Broadway #1014 $30.64 5144-017-029 826 Hill St $12,818.20 5144-015-184 756 S Broadway #1101 $28.48 5144-017-030 801 Broadway $47,634.19 - 5144-015-185 756 S Broadway #1102 $28.91 5144-017-037 850 Hill St $11,604.65 5144-015-186 756 S Broadway #1103 $24.17 5144-017-038 843 Broadway $5,453.33 5144-015-187 756 S Broadway #1104 $22.01 5144-017-040 849 Broadway #1 $1,728.47 5144-015-188 756 S Broadway #1105 $33.23 5144-017-041 849 Broadway #2 $1,885.55 5144-015-189 756 s Broadway #1106 $28.05 5144-017-042 849 Broadway #3 $1,699.13 5144-015-190 756 S Broadway #1107 $27.62 5144-017-043 849 Broadway #4 $2,396.51 5144-015-191 756 S Broadway #1108 $24.60 5144-017-044 849 Broadway #101 $1,696.10 -~· 5144-015-192 756 S Broadway #1109 $29.35 5144-017-045 849 Broadway #102 $1,726.74 5144-015-193 756 S Broadway #1110 $31.07 5144-017-046 849 Broadway #M1 $353.66 5144-015-194 756 S Broadway #1111 $25.03 5144-017-047 849 Broadway #M2 $220.74 5144-015-195 756 S Broadway #1112 $25.03 5144-017-048 849 Broadway #M3 $213.62 5144-015-196 756 S Broadway #1113 $25.46 5144-017-049 849 Broadway #M4 $356.03 ~· 5144-015-197 756 S Broadway #1114 $30.64 5144-017-050 84~ Broadway #M5 $232.61 5144-015-198 756 S Broadway #1201 $32.37 5144-017-051 849 Broadway #M6 $277.70 5144-015-199 756 S Broadway #1202 $29.35 5144-017-052 849 Broadway #M7 $265.83 5144-015-200 756 S Broadway #1203 $24.17 5144-017-053 849 Broadway #M8 $379.76 5144-015-201 756 S Broadway #1204 $23.30 5144-017-054 849 Broadway #M9 $234.98 5144-015-202 756 S Broadway #1205 $33.23 5144-017-055 849 Broadway #M 10 $258.71 5144-015-203 756 S Broadway #1206 $28.05 5144-017-056 849 Broadway #M11 $434.36 5144-015-204 756 S Broadway #1207 $25.03 5144-017-057 849 Broadway #201 $296.69 5144-015-205 756 S Broadway #1208 $24.60 5144-017-058 849 Broadway #202 $272.96 - 5144-015-206 756 S Broadway #1209 $29.35 5144-017-059 849 Broadway #203 $223.11 -· ... 5144-015-207 756 S Broadway #1210 $31.07 5144-017-060 849 Broadway #204 $346.53

5144-015-208 756 S Broadway #1211 $25.03 5144-017-061 849 Broadway #205 ___ .. $215.99 5144-015-209 756 S Broadway #1212 $25.03 5144-017-062 849 Broadway #206 $265.83 -~~ 5144-015-210 756 5 Broadway #1213 $25.46 5144-017-063 849 Broadway #207 $268.21 ~· r------~ 5144-015-211 756 S Bn?~~-~yy #121_± __ $30.64 5144-017-064 849 Br9adway #208 $372.64 ~- >------~~ 5144-015-212 756 S Broadway #Ph1 $32.37 5144-017-065 849 Broadway #209 $242.10 --~ 5144-015-213 756 S Broadway #Ph2 $49 .. 20 5144-017-066 849 Broadway #210 $258.71 -- ··~ 5144-015-214 756 S Broadway #Ph3 $24.17 5144-017-067 849 Broadway #211 $434.36 ----- 5144-015-215 756 S Broadway_#P~4 $23.30 5144-017-068 849 Broadway #301 $294.32

31 5144-017-069 849 Broadv.t~Y.. #302 $299.06 5144-017-114 849 Broadway #611 $412.99 ~--~-~- - 5144-017-070 849 Broadway #303 $287.20 5144-017-115 849 Broadway #612 $420.11 5144-017-071 849 Broadway #304 $353.66 5144-017-116 849 Broadway #701 $329.92 ~-·-- ~-~--~ 5144-017-072 849 Broad~.§lY #305~~ $211.24 5144-017-117 849 Broadway #702 $303.81 r------~~--- ··- 5144-017-073 849 Broadway #306 $265.83 5144-017-118 849 Broadway #703 $223.11 - 5144-017-074 849 Broadway #307 $263.46 5144-017-119 849 Broadway #704 $382.14 5144-017-075 849 Broadway #308 $365.52 5144-017-120 849 Broadway #705 $211.24 -· 5144-017-076 849 Broadway #309 $249.22 5144-017-121 849 Broadway #706 $265.83 -· 5144-017-077 849 Broadway #310 $282.45 5144-017-122 849 Broadway #707 $268.21 - 5144-017-078 849 Broadway #311 $412.99 5144-017-123 849 Broadway #708 $365.52 t------· 5144-017-079 849 Broadway #312 $415.37 5144-017-124 849 Broadway #709 $239.73 5144-017-080 849 Broadway #401 $329.92 5144-017-125 849 Broadway #710 $284.82 5144-017-081 849 Broadway #402 $303.81 5144-017-126 849 Broadway #711 $412.99 5144-017-082 849 Broadway #403 $223.11 5144-017-127 849 Broadway #712 $420.11 5144-017-083 849 Broadway #404 $382.14 5144-017-128 849 Broadway #801 $329.92 5144-017-084 849 Broadway #405 $211.24 5144-017-129 849 Broadway #802 $303.81 5144-017-085 849 Broadway #406 $265.83 5144-017-130 849 Broadway #803 $223.11 5144-017-086 849 Broadway #407 $268.21 5144-017-131 849 Broadway #804 $382.14 5144-017-087 849 Broadway #408 $365.52 5144-017-132 849 Broadway #805 $211.24 !--· 5144-017-088 849 Broadway #409 $239.73 5144-017-133 849 Broadway #806 $265.83 5144-017-089 849 Broadway #410 $284.82 5144-017-134 849 Broadway #807 $268.21 5144-017-090 849 Broadway #411 $412.99 5144-017-135 849 Broadway #808 $365.52 5144-017-091 849 Broadway #412 $420.11 5144-017-136 849 Broadway #809 $239.73 5144-017-092 849 Broadway #501 $329.92 5144-017-137 849 Broadway #810 $284.82 5144-017-093 849 Broadway #502 $303.81 5144-017-138 849 Broadway #811 $412.99 5144-017-094 849 Broadway #503 $223.11 5144-017-139 849 Broadway #812 $410.62 5144-017-095 849 Broadway #504 $382.14 5144-017-140 849 Broadway #901 $329.92 5144-017-096 849 Broadway #505 $211.24 5144-017-141 849 Broadway #902 $303.81 5144-017-097 849 Broadway #506 $265.83 5144-017-142 849 Broadway #903 $223.11 5144-017-098 849 Broadway #507 $268.21 5144-017-143 849 Broadway #904 $382.14 5144-017-099 849 Broadway #508 $365.52 5144-017-144 849 Broadway #905 $211.24 5144-017-100 849 Broadway #509 $239.73 5144-017-145 849 Broadway #906 $265.83 - 5144-017-101 849 Broadway #510 $284.82 5144-017-146 849 Broadway #907 $268.21 5144-017-102 849 Broadway #511 $412.99 5144-017-147 849 Broadway #908 $365.52 5144-017-103 849 Broadway #512 $410.62 5144-017-148 849 Broadway #909 $239.73 5144-017-104 849 Broadway #601 $329.92 5144-017-149 849 Broadway #910 $284.82 5144-017-105 849 Broadway #602 $303.81 5144-017-150 849 Broadway #911 $412.99 5144-017-106 849 Broadway #603 $223.11 5144-017-151 849 Broadway #912 $420.11 5144-017-107 849 Broadway #604 $382.14 5144-017-152 849 Broadway #1001 $315.68 5144-017-108 849 Broadway #605 $211.24 5144-017-153 849 Broadway #1002 $351.28 _,5144-017-109 849 Broadway #606 $265.83 5144-017-154 849 Broadway #1003 $436.73 ·-·--~~~~- .. 5144-017-110 849 Broadway #607 $268.21 5144-017-155 849 Broadway #1004 $208.87 - 5144-017-111 849 Broadway #608 $365.52 5144-017-156 849 Broadway #1005 $265.83 - 5144-017-112 849 Broadwat~609 $239.73 5144-017-157 849 Broadway #1006 $268.21 5144-017-113 849 Broadway #610 $284.82 5144-017-158 849 _§roa_dway #1007 $287.20

32 5144-017-159 849 Broadway #1008 $244.47 5148-020-004 534 Main St $1,581.10 ··~ 5144-017-160 849 Broadway #1009 $282.45 5148-020-006 558 Main St $2,359.90 ·~~ 5144-017-161 849 Broadway #1010 $412.99 5148-020-007 558 Main St $20,482.87 -~· 5144-017-162 849 Broadway #1011 $420.11 5148-020-009 No Site Address $4,636.19 5144-017-163 849 Broadway #1101 $315.68 5148-021-002 630 Main St $2,012.62 5144-017-164 849 Broadway #1102 $351.28 5148-021-010 640 Main St $10,705.27 5144-017-165 849 Broadway #1103 $436.73 5148-021-011 648 Main St $2,901.95 c---- 5144-017-166 849 Broadway #1104 $208.87 5148-021-020 620 5 Main St $7,512.77 5144-017-167 849 Broadway #1105 $265.83 5149-002-011 312 5Th St #501 $227.86 5144-017-168 849 Broadway #1106 $268.21 5149-002-012 312 5Th St #502 $211.24 5144-017-169 849 Broadway #1107 $287.20 5149-002-013 312 5Th St #503 $197.00 5144-017-170 849 Broadway #1108 $244.47 5149-002-014 312 W 5Th St #504 $175.64 5144-017-171 849 Broadway #1109 $282.45 5149-002-015 312 5Th St #505 $159.03 ~- 5144-017-172 849 Broadway #1110 $412.99 5149-002-016 312 W 5Th St #506 $189.88 5144-017-173 849 Broadway #1111 $410.62 5149-002-017 312 5Th St #507 $204.12 5144-017-174 849 Broadway #1201 $320.43 5149-002-018 312 5Th St #508 $144.79 5144-017-175 849 Broadway #1202 $353.66 5149-002-019 312 5Th St #509 $154.28 5144-017-176 849 Broadway #1203 $436.73 5149-002-020 312 5Th St #510 $223.11 5144-017-177 849 Broadway #1204 $208.87 5149-002-021 312 5Th St #511 $194.63 -· 5144-017-178 849 Broadway #1205 $265.83 5149-002-022 312 5Th St #512 $211.24 5144-017-179 849 Broadway #1206 $268.21 5149-002-023 312 5Th St #513 $156.65 5144-017-180 849 Broadway #1207 $284.82 5149-002-024 312 5Th St #514 $211.24 5144-017-181 849 Broadway #1208 $246.85 5149-002-025 312 5Th St #515 $234.98 ·- 5144-017-182 849 Broadway #1209 $306.18 5149-002-026 312 5Th St #516 $159.03 5144-017-183 849 Broadway #1210 $788.01 5149-002-027 312 5Th St #517 $182.76 5144-017-184 849 Broadway #1211 $479.45 5149-002-028 312 5Th St #518 $270.58 5144-017-185 849 Broadway #1212 $477.08 5149-002-029 312 5Th St #519 $154.28 - 5144-017-186 849 Broadway #1Ph $591.01 5149-002-030 312 5Th St #520 $140.04 5144-017-187 849 Broadway #2Ph $536.42 5149-002-031 312 5Th St #521 $118.68 5144-017-188 849 Broadway #3Ph $569.65 5149-002-032 312 5Th St #522 $159.03 5144-017-189 849 Broadway #4Ph $422.49 5149-002-033 312 5Th St #523 $232.61 5144-017-190 849 Broadway #5Ph $602.88 5149-002-034 312 5Th St #524 $111.56 5144-024-021 621 Spring St #201 $8,402.55 5149-002-035 312 5Th St #525 $168.52 5148-008-001 400 Main St $13,332.74 5149-002-036 312 5Th St #526 $123.42 - 5148-008-002 410 Main St $7,791.80 5149-002-037 312 5Th St #601 $227.86 5148-009-009 105 5Th St $4,880.83 5149-002-038 312 5Th St #602 $211.24 5148-009-012 448 Main St $2,789.97 5149-002-039 312 5Th St #603 $197.00 5148-009-013 424 Main St $9,388.62 5149-002-040 312 5Th St #604 $175.64 . - 5148-009-015 452 S Main St $5,460.87 5149-002-041 312 5Th St #605 $159.03 --· 5148-019-007 526 Main St $1,851.35 5149-002-042 312 5Th St #606 $189.88 ·--"~~~-·- 5148-019-008 520 Main St $3,719.96 5149-002-043 312 5Th St #607 $204.12 5148-019-009 514 Main St $4,171.36 5149-002-044 312 5Th St #608 $144.79 -· 5148-019-010 508 Main St $2,075.06 5149-002-045 312 5Th St #609 $154.28 -·~~ -·- 5148-019-011 500 Main St $7,043.48 5149-002-046 312 5Th St #610 $223.11 -- 5148-020-003 530 Main St $2,550.46 5149-002-047 312 5Th St #611 $194.63 ·--~·· ..·----

33 5149-002-048 312 5Th St #612 $211.24 5149-002-093 312 5Th St #805 $159.03 - r------5149-002-049 312 5Th St #613 $156.65 5149-002-094 312 5Th St #806 $189.88 - 5149-002-050 312 5Th St #614 $211.24 5149-002-095 312 5Th St #807 $204.12 5149-002-051 312 5Th St #615 $234.98 5149-002-096 312 5Th St #808 $144.79 . ---· 5149-002-052 312 5Th St #616 $159.03 5149-002-097 312 5Th St #809 $154.28 -r------·---·----· 5149-002-053 312 5Th St #617 $182.76 5149-002-098 312 5Th St #810 $223.11 - -~ 5149-002-054 312 5Th St #618 $270.58 5149-002-099 312 5Th St #811 $194.63 5149-002-055 312 5Th St #619 $154.28 5149-002-100 312 5Th St #812 $211.24 5149-002-056 312 5Th St #620 $140.04 5149-002-101 312 5Th St #813 $156.65 5149-002-057 312 5Th St #621 $118.68 5149-002-102 312 5Th St #814 $211.24 5149-002-058 312 5Th St #622 $159.03 5149-002-103 312 5Th St #815 $234.98 5149-002-059 312 5Th St #623 $232.61 5149-002-104 312 5Th St #816 $159.03 5149-002-060 312 5Th St #624 $111.56 5149-002-105 312 5Th St #817 $182.76 5149-002-061 312 5Th St #625 $168.52 5149-002-106 312 5Th St #818 $270.58 5149-002-062 312 5Th St #626 $123.42 5149-002-107 312 5Th St #819 $154.28 5149-002-063 312 5Th St #701 $227.86 5149-002-108 312 5Th St #820 $140.04 5149-002-064 312 5Th St #702 $211.24 5149-002-109 312 5Th St #821 $118.68 5149-002-065 312 5Th St #703 $197.00 5149-002-110 312 5Th St #822 $159.03 -- 5149-002-066 312 5Th St #704 $175.64 5149-002-111 312 5Th St #823 $232.61 5149-002-067 312 5Th St #705 $159.03 5149-002-112 312 5Th St #824 $111.56 5149-002-068 312 5Th St #706 $189.88 5149-002-113 312 5Th St #825 $168.52 5149-002-069 312 5Th St #707 $204.12 5149-002-114 312 5Th St #826 $123.42 - 5149-002-070 312 5Th St #708 $144.79 5149-002-115 312 5Th St #901 $227.86 5149-002-071 312 5Th St #709 $154.28 5149-002-116 312 W 5Th St #902 $211.24 5149-002-072 312 5Th St #710 $223.11 5149-002-117 312 5Th St #903 $197.00 - 5149-002-073 312 5Th St #711 $194.63 5149-002-118 312 5Th St #904 $175.64 -- ·- 5149-002-074 312 5Th St #712 $211.24 5149-002-119 312 5Th St #905 $159.03 5149-002-075 312 5Th St #713 $156.65 5149-002-120 312 5Th St #906 $189.88 5149-002-076 312 5Th St #714 $211.24 5149-002-121 312 W 5Th St #907 $204.12 5149-002-077 312 5Th St #715 $234.98 5149-002-122 312 W 5Th St #908 $144.79 !------5149-002-078 312 5Th St #716 $159.03 5149-002-123 312 W 5Th St #909 $154.28 - --~ 5149-002-079 312 5Th St #717 $182.76 5149-002-124 312 5Th St #910 $223.11 5149-002-080 312 5Th St #718 $270.58 5149-002-125 312 W 5Th St #911 $194.63 5149-002-081 312 5Th St #719 $154.28 5149-002-126 312 W 5Th St #912 $211.24 5149-002-082 312 5Th St #720 $140.04 5149-002-127 312 W 5Th St #913 $156.65 5149-002-083 312 5Th St #721 $118.68 5149-002-128 312 5Th St #914 $211.24 -- 5149-002-084 312 5Th St #722 $159.03 5149-002-129 312 5Th St #915 $234.98 - 5149-002-085 312 5Th St #723 $232.61 5149-002-130 312 W 5Th St #916 $159.03 1---- 5149-002-086 312 5Th St #724 $111.56 5149-002-131 312 5Th St #917 $182.76 -- 5149-002-087 312 5Th St #725 $168.52 r---5149-002-132 312 W 5Th St #918 $270.58 5149-002-088 312 5Th St #726 $123.42 5149-002-133 312 5Th St #919 $154.28 ·-· 5149-002-089 312 5Th St #801 $227.86 5149-002-134 312 5Th St #920 $140.04 -- 5149-002-090 312 5Th St #802 $211.24 5149-002-135 312 5Th St #921 .. $118.68 5149-002-091 312 5Th St #803 $197.00 5149-002-136 312 5Th St #922 $159.03 -- ~-·~-~·-·~~ . 5149-002-092 312 5Th St #804 $175.64 5149-002-137 312 W 5Th St #923 $232.61 .. c~---"- ..

34 5149-002-138 312 5Th St #924 $111.56 5149-002-183 312 5Th St #1117 $182.76 -· c•--~~- -·-· . - 5149-002-139 312 W 5Th St #925 $168.52 5149-002-184 312 W 5Th St #1118 $270.58 ·- 5149-002-140 312 5Th St #926 $123.42 5149-002-185 312 W 5Th St #1119 $154.28 5149-002-141 312 5Th St #1001 $227.86 5149-002-186 312 5Th St #1120 $140.04 5149-002-142 312 5Th St #1002 $211.24 5149-002-187 312 5Th St #1121 $118.68 5149-002-143 312 W 5Th St #1003 $197.00 5149-002-188 312 5Th St #1122 $159.03 5149-002-144 312 W 5Th St #1004 $175.64 5149-002-189 312 5Th St #1123 $232.61 5149-002-145 312 5Th St #1005 $159.03 5149-002-190 312 W 5Th St #1124 $111.56 5149-002-146 312 W 5Th St #1006 $189.88 5149-002-191 312 5Th St #1125 $168.52 5149-002-147 312 W 5Th St #1007 $204.12 5149-002-192 312 5Th St #1126 $123.42 5149-002-148 312 W 5Th St #1008 $144.79 5149-002-193 312 5Th St #1201 $429.61 5149-002-149 312 5Th St #1009 $154.28 5149-002-194 312 5Th St #1202 $320.43 5149-002-150 312 W 5Th St #1010 $223.11 5149-002-195 312 5Th St #1203 $310.93 5149-002-151 312 5Th St #1011 $194.63 5149-002-196 312 5Th St #1204 $645.60 ~- 5149-002-152 312 5Th St #1012 $211.24 5149-002-197 312 5Th St #1205 $460.46 5149-002-153 312 5Th St #1013 $156.65 5149-002,198 312 5Th St #1206 $807.00 5149-002-154 312 W 5Th St #1014 $211.24 5149-002-199 312 5Th St #1207 $339.41 5149-002-155 312 5Th St #1015 $234.98 5149-002-200 312 5Th St #1208 $638.48 5149-002-156 312 5Th St #1016 $159.03 5149-002-201 312 5Th St #1209 $474.71 5149-002-157 312 W 5Th St #1017 $182.76 5149-022-006 433 Main St $5,152.84 5149-002-158 312 W 5Th St #1018 $270.58 5149-022-008 429 Main St $10,010.27 5149-002-159 312 5Th St #1019 $154.28 5149-022-010 415 Main St $3,357.24 5149-002-160 312 5Th St #1020 $140.04 5149-022-012 415 Main St $4,910.48 5149-002-161 312 5Th St #1021 $118.68 5149-022-013 411 Main St #M100 $9,074.08 5149-002-162 312 5Th St #1022 $159.03 5149-022-014 401 Main St $5,117.54 5149-002-163 312 5Th St #1023 $232.61 5149-022-015 451 S Main St $3,315.95 5149-002-164 312 5Th St #1024 $111.56 5149-022-016 451 S Main St $3,315.95 5149-002-165 312 5Th St #1025 $168.52 5149-022-017 451 S Main St $3,315.95 5149-002-166 312 W 5Th St #1026 $123.42 5149-022-018 451 S Main St $3,315.95 5149-002-167 312 W 5Th St #1101 $227.86 5149-022-019 451 S Main St $3,315.95 5149-002-168 312 W 5Th St #1102 $211.24 5149-023-011 408 Spring St $7,900.90 5149-002-169 312 W 5Th St #1103 $197.00 5149-023-013 410 Spring St $7,268.78 5149-002-170 312 5Th St #1104 $175.64 5149-023-020 460 S Spring St #101 $375.02 5149-002-171 312 5Th St #1105 $159.03 5149-023-021 460 S Spring St #102 $263.46 ,_ - 5149-002-172 312 5Th St #1106 $189.88 5149-023-022 460 S Spring St #103 $268.21 - 5149-002-173 312 5Th St #1107 $204.12 5149-023-023 460 S Spring St #104 $270.58 5149-002-174 312 W 5Th St #1108 $144.79 5149-023-024 460 S Spring St #105 $268.21 5149-002-175 312 W 5Th St #1109 $154.28 5149-023-025 460 S Spring St #106 $242.10 -· 5149-002-176 312 W 5Th St #1110 $223.11 5149-023-026 460 S Spring St #201 $170.89 ·-~ 5149-002-177 312 W 5Th St #1111 $194.63 5149~023-027 460 S Spring St #202 $173.27 --·---- .. _ 5149-002-178 312 5Th St #1112 $192.26 5149-023-028 460 s Spring St #203 $168.52 5149-002-179 312 5Th St #1113 $156.65 5149-023-029 460 S Spring St #204 $109.18 5149-002-180 312 5Th St #1114 $211.24 5149-023-030 460 S Spring St #205 $106.81 ·- ~- 5149-002-181 312 5Th St #1115 $234.98 5149-023-031 460 S Spring St #206 $109.18 ~--~~-- .... ~ ..~--· 5149-002-182 312 5Th St #1116 $159.03 5149-023-032 . -~...9. S Spring St #207 $185.13 - ·--~--~~-~~-

35 5149~023-033 460 S Spring St #2~8 $109.18 5149-023-078 460 S Spring St #417 $197.00 - 5149-023-034 460 S Spring St #209 $121.05 5149-023-079 460 S Spring St #418 $163.77 -~------·--·-··-~ 460 S Spring St #210 $282.45 5149-023-080 460 S Spring St #501 $170.89 5149-023-035 -- 5149-023-036 460 S Spring St #211 $232.61 5149-023-081 460 S Spring St #502 $170.89 5149-023-037 460 S Spring St #212 $303.81 5149-023-082 460 S Spring St #503 $168.52 5149-023-038 460 S Spring St #213 $306.18 5149-023-083 460 S Spring St #504 $111.56 ·---r-----·~ 5149-023~039 460 S Spring St #214 $303.81 5149-023-084 460 S Spring St #505 $109.18 - -~ 5149-023-040 460 S Spring St #215 $261.09 5149-023-085 460 S Spring St #506 $111.56 -- 5149-023-041 460 S Spring St #216 $211.24 5149-023-086 460 s Spring St #507 $185.13 5149-023-042 460 S Spring St #217 $208.87 5149-023-087 460 S Spring St #508 -- $111.56 5149-023-043 460 S Spring St #218 $197.00 5149-023-088 460 S Spring St #509 $121.05 f-- 5149-023-044 460 S Spring St #301 $170.89 5149-023-089 460 S Spring St #510 $189.88 5149-023-045 460 S Spring St #302 $170.89 5149-023-090 460 s Spring St #511 $194.63 5149-023-046 460 S Spring St #303 $168.52 5149-023-091 460 S Spring St #?12 $189.88 5149-023-047 460 S Spring St #304 $111.56 5149-023-092 460 S Spring St #513 $204.12 5149-023-048 460 S Spring St #305 $109.18 5149-023-093 460 S Spring St #514 $204.12 5149-023-049 460 S Spring St #306 $111.56 5149-023-094 460 S Spring St #515 $194.63 5149-023-050 460 S Spring St #307 $185.13 5149-023-095 460 S Spring St #516 $194.63 5149-023-051 460 S Spring St #308 $111.56 5149-023-096 460 S Spring St #517 $197.00 5149-023-052 460 s Spring St #309 $121.05 5149-023-097 460 S Spring St #518 $163.77 5149-023-053 460 S Spring St #310 $189.88 5149-023-098 460 S Spring St #601 $170.89 ----- 5149-023-054 460 S Spring St #311 $194.63 5149-023-099 460 S Spring St #602 $170.89 5149-023-055 460 S Spring St #312 $189.88 5149-023-100 460 S Spring St #603 $168.52 ~-.. 5149-023-056 460 S Spring St #313 $204.12 5149-023-101 460 s Spring St #604 $111.56 5149-023-057 460 S Spring St #314 $204.12 5149-023-102 460 S Spring St #605 $109.18 5149-023-058 460 S Spring St #315 $194.63 5149-023-103 460 S Spring St #606 $111.56 -- 5149-023-059 460 S Spring St #316 $194.63 5149-023-104 460 S Spring St #607 $185.13 5149-023-060 460 S Spring St #317 $197.00 5149-023-105 460 S Spring St #608 $111.56 -~ ·- 5149-023-061 460 S Spring St #318 $163.77 5149-023-106 460 S Spring St #609 $121.05 5149-023-062 460 S Spring St #401 $170.89 5149-023-107 460 S Spring St #610 $189.88 !---·----- 5149-023-063 460 S Spring St #402 $170.89 5149-023-108 460 S Spring St #611 $194.63 5149-023-064 460 S Spring St #403 $168.52 5149-023-109 460 s Spring St #612 $189.88 5149-023-065 460 S Spring St #404 $111.56 5149-023-110 460 S Spring St #613 $204.12 5149-023-066 460 S Spring St #405 $109.18 5149-023-111 460 S Spring St #614 $204.12 5149-023-067 460 S Spring St #406 $111.56 5149-023-112 460 S Spring St #615 $194.63 5149-023-068 460 S Spring St #407 $185.13 5149-023-113 460 S Spring St #616 $194.63 5149-023-069 460 S Spring St #408 $111.56 5149-023-114 460 S Spring St #617 $197.00 -~ 5149-023-070 460 S Spring St #409 $121.05 5149-023-115 460 S Spring St #618 $163.77 r------· 5149-023-071 460 S Spring St #410 $189.88 5149-023-116 460 S Spring St #701 $170.89 5149-023-072 460 S Spring St #411 $194.63 5149-023-117 460 S Spring St #702 $170.89 f------.-· 5149-023-073 460 S Spring St #41_2 $189.88 5149-023-118 460 S ~pring St #703 $168.52 5149-023-074 460 S Spring St #413 $204.12 5149-023-119 460 S Spring St _#704 $111.56 - 5149-023-075 460 S Spring St #414 $204.12 5149-023-120 460 S Spring St #705 $299.06

5149-023-076 460 S,Spring St #415 $194.63 5149-023-121 ~60 S Spring St #706 $111.56 5149-023-077 460 S Spring St #416 $194.63 5149-023-122 460 S Spring St #707 $111.56

36 5149-023-123 460 S Spring St #708 $121.05 5149-023-168 460 S Spring St #1002 $170.89 !------· 5149-023-124 4§0 S Spring St #709 $189.88 5149-023-169 460 S Spring St #1003 $168.52 5149-023-125 -- 460 S Spring St #710 $194.63 5149-023-170 460 S Spring St #1004 $111.56 5149-023-126 460 S Spring St #711 $192.26 5149-023-171 460 S Spring St #1005 $299.06 -~ 5149-023-127 460 S Spring St #712 $204.12 5149-023-172 460 S Spring St #1006 $111.56 5149-023-128 460 S Spring St #713 $204.12 5149-023-173 460 S Spring St #1007 $111.56 5149-023-129 460 S Spring St #714 $194.63 5149-023-174 460 S Spring St #1008 $121.05 5149-023-130 460 S Spring St #715 $194.63 5149-023-175 460 S Spring St #1009 $189.88 5149-023-131 460 S Spring St #716 $163.77 5149-023-176 460 S Spring St #1010 $194.63 5149-023-132 460 S Spring St #717 $197.00 5149-023-177 460 S Spring St #1011 $192.26 5149-023-133 460 S Spring St #801 $170.89 5149-023-178 460 S Spring St #1012 $204.12 5149-023-134 460 S Spring 5t #802 $170.89 5149-023-179 460 S Spring St #1013 $204.12 5149-023-135 460 5 Spring St #803 $168.52 5149-023-180 460 S Spring St #1014 $194.63 5149-023-136 460 S Spring St #804 $111.56 5149-023-181 460 S Spring St #1015 $194.63 5149-023-137 460 S Spring St #805 $299.06 5149-023-182 460 S Spring St #1016 $163.77 5149-023-138 460 S Spring St #806 $111.56 5149-023-183 460 S Spring St #1010 $197.00 5149-023-139 460 S Spring St #807 $111.56 5149-023-184 460 S Spring St #1101 $170.89 5149-023-140 460 S Spring St #808 $121.05 5149-023-185 460 S Spring St #1102 $170.89 5149-023-141 460 S Spring St #809 $189.88 5149-023-186 460 S Spring St #1103 $168.52 5149-023-142 460 S Spring St #810 $194.63 5149-023-187 460 S Spring St #1104 $111.56 5149-023-143 460 S Spring St #811 $192.26 5149-023-188 460 S Spring St #1105 $299.06 5149-023-144 460 S Spring St #812 $204.12 5149-023-189 460 S Spring St #1106 $111.56 5149-023-145 460 S Spring St #813 $204.12 5149-023-190 460 S Spring St #1107 $111.56 5149-023-146 460 S Spring St #814 $194.63 5149-023-191 460 S Spring St #1108 $121.05 5149-023-14 7 460 S Spring St #815 $194.63 5149-023-192 460 S Spring St #1109 $189.88 5149-023-148 460 S Spring St #816 $163.77 5149-023-193 460 S Spring St #1110 $194.63 5149-023-149 460 S Spring St #817 $197.00 5149-023-194 460 S Spring St #1111 $192.26 " 5149-023-150 460 S Spring St #901 $170.89 5149-023-195 460 S Spring St #1112 $204.12 ··--- 5149-023-151 460 S Spring St #902 $170.89 5149-023-196 460 S Spring St #1113 $204.12 5149-023-152 460 S Spring St #903 $168.52 5149-023-197 460 S Spring St #1114 $194.63 5149-023-153 460 5 Spring 5t #904 $111.56 5149-023-198 460 S Spring St #1115 $194.63 5149-023-154 460 5 Spring St #905 $299.06 5149-023-199 460 S Spring St #1116 $163.77 5149-023-155 460 S Spring 5t #906 $111.56 5149-023-200 460 S Spring St #1117 $197.00 5149-023-156 460 S Spring St #907 $111.56 5149-023-201 460 S Spring St #1201 $170.89

5149-023-157 460 S Spring St #908 $121.05 5149-023-202 460 S Sprin~ St #1202 $170.89 - 5149-023-158 460 S Spring St #909 $189.88 5149-023-203 460 S Spring St #1203 $168.52 5149-023-159 460 S Spring St #910 $194.63 5149-023-204 460 S Spring St #1204 $111.56 5149-023-160 460 S Spring St #911 $192.26 5149-023-205 460 S Spring St #1205 $299.06 5149-023-161 -~60 S Spring St #912 $204.12 5149-023-206 460 S Spring St #1206 $111.56 n--,~ ' -·- - -· 5149-023-162 460 S Spring St #913 $204.12 5149-023-207 460 S Spring St #1207 $111.56 -···-- -·----~·-·--- 5149-023-163 460 S Spring St #914 $194.63 5149-023-208 460 s Spring St #1208 $121.05 ---~·-~~--- 5149-023-164 460 S Spring St #915 $194.63 5149-023-209 460 S Spring St #1209 $189.88 -··~--~--- 5149-023-165 460 S Spring St #916 $163.77 5149-023-210 460 S Spring St #1210 $194.63 --- 5149-023-166 460 S Spring St #917 $197.00 5149-023-211 --~~~Spri~JL?t #1211 $192.26 -- ~~~·--- ··~ 5149-023-167 460 S Spr!ng St #1001 $170.89 5149-023-212 469_?_?.E~ing St #1212 $204.12 ~---n••--n•~u•~ ~-.. -~

37 5149-023-213 460 S Spring St #1213 $204.12 5149-033-003 537 Broadway $4,168.18 ~-- 5149-023-214 460 S Spring St #1214 $194.63 5149-033-004 535 Broadway $1,221.83 ~-~· 5149-023-215 460 S Spring St #1215 $194.63 5149-033-007 529 Broadway $3,845.92 ~·- 5149-023-216 460 S Spring St #1216 $163.77 5149-033-008 525 Broadway $1,114.64 5149-023-217 460 S Spring St #1217 $197.00 5149-033-009 519 Broadway $3,776.01 5149-023-218 460 S Spring St #Ph1 $170.89 5149-033-011 523 Broadway $1,233.02 5149-023-219 460 S Spring St #Ph2 $170.89 5149-033-012 551 Broadway $2,823.88 5149-023-220 460 S Spring St #Ph3 $168.52 5149-033-013 559 Broadway $6,482.58 5149-023-221 460 S Spring St #Ph4 $225.48 5149-033-014 533 Broadway -- $1,269.30 5149-023-222 460 S Spring St #Ph05 $299.06 5149-033-016 312 5Th St #1Uc $0.00 5149-023-223 460 S Spring St #Ph06 $239.73 5149-033-017 312 5Th St #M1 $187.51 5149-023-224 460 S Spring St #Ph07 $225.48 5149-033-018 312 5Th St #M2 $232.61 5149-023-225 460 S Spring St #PhS $239.73 5149-033-019 312 5Th St #M3 $187.51 5149-023-226 460 S Spring St #410 $11,796.32 5149-033-020 312 5Th St #M4 $230.23 -· -· _,5149-023-231 No Site Address $81.86 5149-033-021 312 5Th St #M5 $159.03 5149-023-232 No Site Address $107.89 5149-033-022 312 5Th St #M6 -- $182.76 5149-023-233 No Site Address $645.30 5149-033-023 312 5Th St #M7 $168.28 5149-023-900 No Site Address $760.40 5149-033-024 312 5Th St #M8 $284.82 5149-023-901 No Site Address $898.65 5149-033-025 312 5Th St #M9 $159.03 5149-023-902 No Site Address $1,165.19 5149-033-026 312 5Th St #M10 $218.36 5149-023-903 No Site Address $2,029.36 5149-033-027 312 5Th St #M11 $275.33 - 5149-023-904 426 S Spring St $2,328.06 5149-033-028 312 5Th St #201 $227.86 5149-023-905 No Site Address $1,548.73 5149-033-029 312 5Th St #202 $211.24 f-- 5149-024-001 453 Spring St $18,120.92 5149-033-030 312 5Th St #203 $197.00 5149-024-004 401 Spring St $8,436.27 5149-033-031 312 5Th St #204 $175.64 5149-024-006 450 Broadway $1,227.23 5149-033-032 312 5Th St #205 - $159.03 5149-024-008 430 Broadway $4,831.71 5149-033-033 312 W 5Th St #206 $187.51 5149-024-009 424 Broadway $5,694.80 5149-033-034 312 5Th St #207 $204.12 5149-024-016 433 Spring St #8 $36,964.93 5149-033-035 312 5Th St #208 $161.40 5149-024-018 445 Spring St $1,730.65 5149-033-036 312 W 5Th St #209 $187.51 5149-024-019 416 S Broadway $2,352.79 5149-033-037 312 W 5Th St #210 $197.00 5149-024-020 410 S Broadway $3,362.72 5149-033-038 312 W 5Th St #211 $227.86 5149-024-021 400 S Broadway $6,419.31 5149-033-039 312 5Th St #212 $246.85 5149-024-022 400 S Broadway $1,084.40 5149-033-040 312 5Th St #213 $156.65 5149-024-024 440 Broadway $7,003.18 5149-033-041 312 W 5Th St #214 $211.24 S149-024-025 215 W 5Th St $13,134.06 5149-033-042 312 W 5Th St #215 $234.98 5149-025-001 425 Broadway $3,894.72 5149-033-043 312 5Th St #216 $159.03 5149-025-900 421 Broa?way $2,276.97 5149-033-044 312 W 5Th St #217 $182.76 5149-025-901 401 Broadway $31,408.49 5149-033-045 312 W 5Th St #218 $270.58 ---~--~~~--· 5149-026-001 449 Broadway $15,823.6?_. 5149-033-046 312 5Th St #219 $154.28 5149-026-002 445 S Broadway $4,622.06 5149-033-04 7 312 5Th St #220 $173.27 ·---.. -~ -u-~- 5149-026-003 431 Broadway $3,780.10 5149-033-048 312 5Th St #221 $144.79

5149-026-008 437 Broadway $6,453.64 5149-033-049 312 5Th St #222 .... $159.03 5149-033-001 315 6Th St $2,196.01 5149-033-050 312 5Th St #223 - $232.61 5149-033-002 543 Broadway $3,405.36 5149-033-051 312 W 5Th St #224 $128.17

38 5149-033-052 312 5Th St #225 $168.52 5149-033-097 312 W 5Th St #418 $270.53 5149-033-053 312 W 5Th St #226 $123.42 5149-033-098 312 5Th St #419 $154.28 --~~-~- ""--·---~~·- 5149-033-054 312 5Th St #301 $227.86 5149-033-099 312 5Th St #420 $140.04 -~-~ -- 5149-033-055 312 W 5Th St #30~~ $211.24 5149-033-100 312 5Th St #421 $118.68 --~~---- 5149-033-056 312 5Th St #303 $197.00 5149-033-101 312 W 5Th St #422 $159.03 ·--1------5149-033-057 312 W 5Th St #304 $175.64 5149-033-102 312 5Th St #423 $232.61 r------~ 5149-033-058 312 5Th St #305 $159.03 5149-033-103 312 5Th St #424 -- $111.56 5149-033-059 312 5Th St #306 $189.88 5149-033-104 312 5Th St #425 $168.52 5149-033-060 312 W 5Th St #307 $204.12 5149-033-105 312 5Th St #426 $123.42 5149-033-061 312 5Th St #308 $144.79 5149-034-002 510 Broadway $3,791.43 5149-033-062 312 W 5Th St #309 $154.28 5149-034-003 516 S Broadway $4,316.77 5149-033-063 312 5Th St #310 $223.11 5149-034-005 515 Spring St $11,933.35 - -- 5149-033-064 312 5Th St #311 $194.63 5149-034-006 210 5Th St $15,972.81 5149-033-065 312 5Th St #312 $211.24 5149-034-011 216 W 5Th St $2,558.64 5149-033-066 312 5Th St #313 $156.65 5149-034-012 220 W 5Th St $10,349.75 5149-033-067 312 5Th St #314 $211.24 5149-035-004 532 Broadway $3,881.49 5149-033-068 312 W 5Th St #315 $234.98 5149-035-005 526 Broadway $3,136.37 5149-033-069 312 5Th St #316 $159.03 5149-035-007 546 Broadway $2,071.62 5149-033-070 312 5Th St #317 $182.76 5149-035-010 217 6Th St $2,352.52 ----· "" 5149-033-071 312 5Th St #318 $270.58 5149-035-011 558 Broadway -- $7,601.32 5149-033-072 312 5Th St #319 $154.28 5149-03S-012 525 Spring St $5,514.20 5149-033-073 312 W 5Th St #320 $140.04 5149-035-014 561 Spring St $19,323.02 5149-033-074 312 5Th St #321 $118.68 5149-035-015 531 S Spring St $22,627.63 5149-033-075 312 5Th St #322 $159.03 5149-036-004 500 Spring St $17,853.02 5149-033-076 312 5Th St #323 $232.61 5149-036-010 524 Spring St $9,759.10 5149-033-077 312 W 5Th St #324 $111.56 5149-036-016 546 Spring St $5,105.78 5149-033-078 312 W 5Th St #325 $168.52 5149-036-017 548 Spring St $16,623.18 5149-033-079 312 W 5Th St #326 $123.42 5149-036-907 514 Spring St $5,913.76 5149-033-080 312 5Th St #401 $227.86 5149-037-010 503 S Main St $11,478.61 5149-033-081 312 W 5Th St #402 $211.24 5149-037-026 555 S Main St $25,122.11 -~ ~~---~ -- 5149-033-082 312 W 5Th St #403 $197.00 5149-038-001 416 S Sprjng St #0 $3,367.25 ·-·· I-· 5149-033-083 312 5Th St #404 $175.64 5149-038-002 416 S Spring St #208 $249.22 5149-033-084 312 5Th St #405 $159.03 5149-038-003 416 S Spring St #206 $244.47 5149-033-085 312 5Th St #406 $189.88 5149-038-004 416 S Spring St #207_ $175.64 5149-033-086 312 W 5Th St #407 $204.12 5149-038-005 416 S Spring St #208 $175.64 5149-033-087 312 5Th St #408 $144.79 5149-038-006 416 S Spring St #209 $308.56

5149-033-088 312 5Th St #409 $154.23 5149-038-007 4~6 S Spring St #210 $182.76 -· -· 5149-033-089 312 5Th St #410 $223.11 5149-038-008 416 S Spring St #305 $258.71 . -- 5149-033-090 312 5Th St #411 $194.63 5149-038-009 416 S Spring St #306 $244.47 -~· 5149-033-091 312 W 5Th St #412 $211.24 5149-038-010 416 S Spring St #307 $175.64 5149-033-092 312 5Th St #413 5149-038-011 416 S Spring St #308 -- $156.65 $173.27 5149-033-093 312 W 5Th St #414 $211.24 5149-038-012 416 S Spring St #309 $308.56 -- "'~- 5149-033-094 312 W 5Th St #415 $234.98 5149-038-013 -~16 S Spring St #31.9__ $182.76 ----~-~------~~ _,5149-033-09 5 312 5Th St #416 $159.03 5149-038-014 416 s Spring St #405 $258.71 -·-~---~ 5149-033-096 312 W 5Th St #417 $182.76 5149-038-015 416 S Spring St #406 $242.10 L___ ------~~-

39 5149-038-016 416 S Spring St #407 $175.64 5149-038-042 416 S Spring St #809 $308.56 ·---~--~ 5149-038-017 416 S Spring St #408 $173.27 5149-038-043 __ ~_16 S Spring St #810 $185.13

5149-038-018 416 S Spring St #409 $299.06 5149-038-044 4~6 S Spring St #905 $261.09 5149-038-019 416 S Spring St #410 $182.76 5149-038-045 416 S Spring St #906 $242.10 5149-038-020 416 S Spring St #505 $256.34 5149-038-046 416 S Spring St #907 $175.64 -· 5149-038-021 416 S Spring St #506 $239.73 5149-038-047 416 S Spring St #908 $173.27 5149-038-022 416 S Spring St #507 $175.64 5149-038-048 416 S Spring St #909 $308.56 5149-038-023 416 S Spring St #508 $173.27 5149-038-049 416 S Spring St #910 --- $185.13 5149-038-024 416 S Spring St #5Q~ $308.56 5149-038-050 416 S Spring St #1005 $261.09 5149-038-025 416 S Spring St #510 $182.76 5149-038-051 416 S Spring St #1006 $242.10 5149-038-026 416 S Spring St #605 $263.46 5149-038-052 416 S Spring St #1007 $175.64 5149-038-027 416 S Spring St #606 $242.10 5149-038-053 416 S Spring St #1008 $173.27 ',------'--·· 5149-038-028 416 S Spring St #607 $175.64 5149-038-054 416 S Spring St #1009 $308.56 5149-038-029 416 S Spring St #608 $173.27 5149-038-055 416 S Spring St #1010 $185.13 5149-038-030 416 S Spring St #609 $308.56 5149-038-056 416 S Spring St #1105 $261.09 ~- 5149-038-031 416 S Spring St #610 $185.13 5149-038-057 416 S Spring St #1106 $242.10 5149-038-032 416 S Spring St #705 $261.09 5149-038-058 416 S Spring St #1107 $175.64 5149-038-033 416 S Spring St #706 $242.10 5149-038-059 416 S Spring St #1108 $173.27 5149-038-034 416 S Spring St #707 $175.64 5149-038-060 416 S Spring St #1109 $310.93 -~ 5149-038-035 416 S Spring St #708 $173.27 5149-038-061 416 S Spring St #1110 $185.13 5149-038-036 416 S Spring St #709 $308.56 5149-038-062 416 S Spring St #1205 $261.09 5149-038-037 416 S Spring St #710 $185.13 5149-038-063 416 S Spring St #1206 $244.47 5149-038-038 416 s Spring St #805 $261.09 5149-038-064 416 S Spring St #1207 $375.02 5149-038-039 416 S Spring St #806 $242.10 5149-038-065 416 S Spring St #1209 $315.68 5149-038-040 416 S Spring St #807 $175.64 5149-038-066 416 S Spring St #1210 $185.13 5149-038-041 416 S Spring St #808 $173.27 ·• TOTAl . $1,232,671;23

40 MODIFIED HlSTORlC DOWNTOWN LOS A...~'GELES PROPERTY BUSIJ'oi!SSS JMl'ROVEMENT DISTRICT (Not Valid Without Signature and Certification Seal Within)

MODIFIED HISTORIC DOWNTOWN LOS ANGELES PROPERTY BUSINESS IMPROVEMENT DISTRICT

DISTRICT ASSESSMENT ENGINEER'S REPORT

ATTACHMENT A

Prepared by Edward V Henning, California Registered Professional Engineer# 26549 Edward Henning & Associates

DECEMBER 1, 2010

Technical corrections to list of parcels made by Office of the City Clerk, August 2011 MODIFIED ffiSTORJC DOWJ','fOWN LOS ANGELES PROPERTY BUSINESS IMPROVEMENT DISTRICT (Not Valid Without Signature and Certification Seal Within)

DISTRICT ASSESSMENT ENGINEER'S REPORT

To Whom It May Concern: I hereby certify to the best of my professional knowledge and experience that each of the identified benefiting properties located 'Within the Modified Historic Downtown Los Angeles Property Business Improvement District ("Modified Historic Downtown LA PBID") being expanded and amended will receive a special benefit over and above the benefits conferred on the public at large and that the amount of the proposed assessment is proportional to, and no greater than the benefits conferred on each respective property.

Prepared by Edward V Henning, Cal!fornia Registered Professional Engineer# 26549

12-1-10 Date

(NOT VALID WITHOUT CERTIFICATION SEAL AND SIGNATURE HERE)

Introduction This report serves as the "detailed engineer's report" required by Section 4(b) of Article XUID of the California Constitution (Proposition 218) to support the benefit property assessments proposed to be levied within the Modified Historic Downtown LA PBID in the City of Los Angeles, California. The discussion and analysis contained within constitutes the required "nexus" of rationale between assessment amounts levied and special benefits derived by properties within the Modified Historic Downtown LA PBID. MODIFIED HISTORIC DOWNTOWN LOS ANGELES PROPERTY JWSINESS IMPROVEMENT DISTRICT (Not Valid Without Signature and Certification Seal Within}

Background The Modified Historic Downtown LA PBID is an existing property-based benefit assessment type district being amended as a Property Business Improvement District (PBID) pursuant to Section 36600 et seq. of the California Streets and Highways Code, also known as the Property and Business Improvement District Law ofl994 (the "Act"). Due to the special benefit assessment nature of assessments levied within a PBlD, District program costs are to be distributed amongst all identified specially benefiting prope1ties based on the proportional amount of special program benefit each property is expected to derive from the assessments collected. Within the Act, frequent references are made to the concept of relative "benefit" received from PBID programs and activities versus amount of assessment paid. Only those properties expected to derive special benefits from PBID funded programs and activities may be assessed and only in an amount proportional to the relative special benefits expected to be received.

The method used to determine special benefits derived by each identified property within a PBID begins with the selection of a suitable and tangible basic benefit unit. For property related services, such as those proposed in the Modified Historic Downtown LA PBJD, the benefit unit may be measured in linear feet of primary street frontage or parcel size in square feet or building size in square feet or number of building floors or proximity to major corridors in average linear feet, or any combination of these factors. Quantity takeoffs for each parcel are then measured or otherwise ascertained. From these figures, the amount of benefit units to be assigned to each property can be calculated. Special circumstances such as unique geography, land uses, development constraints etc. are carefully reviewed relative to specific programs and improvements to be funded by the PBID in order to determine any levels of diminished benefit which may apply on a parcel-by-parcel or categorical basis.

Next, all program and activity costs, including incidental costs, District administration and ancillary program costs, are estimated. It is noted, as stipulated in Proposition 218, and now required of all property based assessment Districts, indirect or general benefits may not be incorporated into the assessment formula and levied on the District properties; only direct or "special" benefits and costs may be considered. Indirect or general benefit costs, if any, must be identified and, if quantifiable, calculated and factored out of the assessment cost basis to produce a "net" cost figure. In addition, Proposition 218 no longer automatically exempts government owned property from being assessed and if special benefit is determined to be conferred upon such properties, they must be assessed in propo1tion to special benefits conferred in a manner similar to privately owned property assessments.

2 MODIFIED HISTORIC DOWNTOWN LOS ANGELES PROPERTY ROSINESS IMPROVEMENT DISTRlCT (Not Valid Without Signature and Certification Seal Within)

From this, the value of a basic benefit unit or "basic net unit cost" can be computed by dividing the total amount of estimated net program costs by the total number of benefit units. The amount of assessment for each parcel can be computed at this time by multiplying the Net Unit Cost times the number of Basic Benefit Units per parcel. This is known as "spreading the assessment" or the "assessment spread" in that all costs are allocated proportionally or "spread" amongst all properties within the PBID.

Proposition 218, approved by the voters of California in November ofl996, adds a supplemental array ofprocedures and requirements to be carried out prior to levying a property-based assessment like the Modified Historic Downtown LA PBJD. These requirements are in addition to requirements imposed by State and local assessment enabling laws. These requirements were "chaptered" into law as Article XHID ofthe California Constitution.

Since Prop 218 provisions will affect all subsequent calculations to be made in the final assessment formula for the Modified Historic Downtown LA PBID, Prop 218 requirements will be taken into account. The key provisions of Prop 218 along with a description of how the Modified Historic Downtown LA PBID complies with each of these provisions are delineated below.

(Note: All section references below pertain to Article XIII of the California Constitution):

Finding 1. From Section 4(a): "Identify all parcels which will have a special benefit conferred upon them and upon which an assessment will be imposed"

All "identified" individual parcels within the Modified Historic Downtown LA PBID will derive special benefit from the proposed District programs and activities. The benefits are special and unique only to the identified properties within the modified District because programs and services (i.e. sidewalk operations/beautification, district identity, administration/corporate operations and contingency/reserves) will only be provided directly for the identified properties. These identified benefiting parcels are shown on the Boundary Map within the Management District Plan and are listed in Section 7 of the Plan and in Appendix A to this report- identified by assessor parcel number.

3 MODIFIED HISTORIC DOWNfOWN LOS ANGELES PROPERTY BUSINESS Thll'ROVElVfENT DISTRICT (Not Valid Without Signature and Certification Seal Within)

Boundaries: The boundaries of the Modified Historic Dovmtovm LA PBID are described as follows:

Northern Boundary: All parcels on the south side of 4th Street from the parcel at the southwestern corner of the intersection of 4th Street and Broadway, running eastward and inclusive of the parcel at the southeastern comer of 4th Street and Main Street

Southern Boundary: The parcel on the northeastern corner of the intersection ofH.ill Street and Olympic Boulevard. Running up the east side of Hill Street to 9th Street, continuing eastward from the intersection of Hill and 9th Street including parcels on the north side of 9th Street to the northwestern parcel at the intersection of Broadway and 9th Street. Continuing from the northwestern corner parcel (Eastern Building) of Broadway and 9th Street running up the western side ofBroadway from 9th Street to gth Street, inclusive ofthe parcels at all four corners of the intersection of gth Street and Broadway. The parcel at the southeastern corner of gth and Broadway, the Tower Theater, is currently in the Historic Core district and will remain in the Modified District due to its nature as an Historic theatre (parcel 5144- 016---067.) The southern boundary ofthe Modified District continues along Broadway to the northeastern parcel at the intersection of 7th Street and Broadway running eastward along the north side of 71h Street to the parcel at the northwest corner of the intersection of Main Street and 7th Street. The final southern parcel is parcel 5148-021-011 which is one parcel in on the north side of the parcel at the northeast corner of71h Street and Main Street. The parcel at the northeast corner of Main Street and ;th Street will remain in the Fashion District BID, however the rest of the parcels on that block of Main Street, from 7th Street northward to 6th Street, shall now be included in the Modified Historic Dovmtown Los Angeles PBID.

Western Boundary: All of the parcels on the west side of Broadway from the parcel at the southwestern corner at

1 the intersection of 4 h Street and Broadway, running southward on both sides of Broadway (parcel 5144-003-015, between 6th and 7th street, on the west side of Broadway, is not in the Modified District due to it's inclusion in the Dovmtown Center BID), including the parcel at the northwestern corner of gth Street and Broadway. Continuing on the south side of gth Street, from the intersection of gth Street and Broadway, to the southeastern parcel at the intersection of Hill Street and gth Street. Continuing from the parcel at the southeastern corner of the intersection of gth Street and Hill Street, running southward including all of the parcels on the east side of Hill Street, ending at the parcel at northeastern corner of the intersection ofHill Street and Olympic Boulevard.

Eastern Boundary: All of the parcels on the east side of Main Street from the southeastern parcel at the intersection of 4th Street and Main Street, running southward to the parcel one parcel in at the northeastern corner of 6th Street and Main Street shall be included in the Modified Historic Dovmtovm Los Angeles PBID. The one parcel at the northeast corner off" Street and Main Street, (parcel# 5148-021-012) shall remain in the Fashion District BID.

4 MODIFIED HISTORIC DO\VNTOWN LOS ANGELES PROPERTY BVSINESS IMPROVEMENT DISTRICT (Not Valid Without Signature and Certification Seal Within)

District Boundary Rationale: Northern Boundary; The northern boundary of the Modified Historic Downtown Los Angeles PBID completely abuts the boundary of the Downtown Center PBID. This district provides improvements and activities similar to the services provided by the Modified Historic Downtown Los Angeles PBID. The boundary has remained the same over the past 10

Western Boundary: The western boundary of the Modified Historic Downtown Los Angeles PBID generally abuts the boundary of the Downtown Center PBlD. This district provides improvements and activities similar to the services provided by the Modified Historic Downtown Los Angeles PBID. This boundary has been expanded during the renewal 1 stage to provide special benefit services on the block bounded by 8 h Street, 9th Street, Broadway and Hill Street. In addition, the Modified District is expanding along the eastern side ofHill Street to Olympic Boulevard, which is currently not included in any special benefits district

Southern Boundary: The southern boundary of the Modified Historic Downtown Los Angeles PBID abuts the boundary of the Downtown Center PBID and Fashion District BID. These districts provide improvements and activities similar to the services provided by the Modified Historic Downtown Los Angeles PBID. Besides the new southern boundary at northwestern corner of the intersection of Main Street and 7th Streets, the southern boundaries have not been changed since the adoption of the renewed Management District plan in the summer of2008.

Eastern Boundary: The eastern boundary of the Modified Historic Downtown Los Angeles PBID completely abuts the boundaries of the Fashion District and Toy District PBIDs. These districts provide improvements and activities similar to the services provided by the Modified Historic Downtown Los Angeles PBID. These boundaries have been modified with this plan to include the single parcel at the southeastern corner ofthe intersection of 6th Street and Main Streets and the parcel at the northwestern corner of the intersection of 7th Street and Main Streets Other than those changes in the modified plan, the eastern boundary of the District has not changed over the past 10 years.

The property uses within the general boundaries of the Modified Historic Downtown LA PBID are a mix of retail, entertainment, office, residential and parking. Services and improvements provided by the District are designed to provide special benefits to properties containing retail, entertainment and commercial land uses as well as single family residential condominium uses. The assessment methodology has been created to provide adequate funding for the varying special benefit needs of these types of land uses

All parcels within the above-described boundaries shall be assessed to fund special benefit services, programs and improvements as outlined in this report PBID funded activities will only be provided to properties inside the Modified District boundaries -none outside. There is one Benefit Zone within the Modified Historic Downtown LA PBID

5 MODIFIED HISTORIC DOWNTOWN LOS ANGELES PROPERTY BUSINESS IMPROVEMENT DISTRICT (Not Valid Without Signature and Certification Seal Within)

Finding 2. F1·om Section 4(a): "Separate general benefits (if any) from the special benefits conferred on parcel(s). Onty special benefits are assessable. "

As stipulated by Proposition 218, assessment District programs and activities may confer a combination of general and special benefits to properties, but the only program benefits that can be assessed are those that provide special benefit to the property o\VI1ers. For the purposes of this analysis, a "general benefit" is hereby defined as: "A benefit to properties in the area and in the surrounding community or benefit to the public in general resulting from the improvement, activity, or service to be provided by the assessment levied". "Special benefit" as defined by the California State Constitution means a distinct benefit over and above general benefits conferred on real property located in the District or to the public at large.

The property uses within the boundaries of the Modified Historic Do\VI1town LA PBJD are a mix of office, retail, entertainment, residential, governmental and parking. Services, programs and improvements provided by the Modified District are primarily designed to provide special benefits to all parcels within the boundaries of the district. Residential land use assessments will fund enhanced beautification and security special benefit services which will be responsive to their daily needs.

Existing City of Los Angeles services will be enhanced, not replaced or duplicated, by the PBID services. In the case of the Modified Historic Do\VI1tO\VI1 LA PBID, the very nature of the purpose of this Modified District is to fund supplemental programs, improvements and services within the Modified PBID boundaries above and beyond what is being currently funded either via normal tax supported methods or other funding sources. These services, programs and improvements, are designed to enhance the commercial and residential core uses, increase tenancy and marketing of the commercial entities in the Modified PBID and improve the aesthetic appearance of the Modified PBlD as a whole. All benefits derived from the assessments to be levied on parcels within the Modified PBID are for services, programs and improvements directly benefiting the properties within this area and support increased security, cleanliness, commerce, business attraction and retention, increased prope1iy rental income, improved District identity, and specialized beautification and enhanced security programs for the residential land uses within the District. No services will be provided outside of the Modified PBID boundaries. The following services, programs and improvements will provide special benefit to the properties within the Modified PBID boundaries.

1. SIDEWALK OPERATIONS & BEAUTIFICATION: $ 875,079- 64% ($71,173 generated by expansion area assessments) Examples ofthese special benefit services and costs include, but are not limited to:

0 Private security over and above those services currently provided by the Los Angeles Police Department; o Regular sidewalk and gutter sweeping, 0 Regular sidewalk steam cleaning o Spot steam cleaning as necessary

6 MODIFIED HISTORIC DOWNTOWN LOS ANGELES PROPERTY BUSINESS IMPROVEMENT DISTRICT (Not Valid Without Signature and Certification Seal Within)

U Beautification throughout the district

D Enhanced trash emptying 0 Removal of bulky items as necessary

0 Timely graffiti removal, vvithin 24 hours as necessary

0 Tree and vegetation maintenance o Parking assistance; o Enhanced beautification around blocks with predominant single family residential unit parcels including, hanging plants, intensive sidewalk landscaping, extra trash cans, dog waste distribution boxes; o Maintenance personnel and supervisor/oversight costs

These services, programs and improvements will beautifY and enhance the image of this diverse Modified PBID. This activity is designed to increase commerce and attract and retain new business and patrons within the Modified PBID boundaries. The security patrol and beautification improvements/programs would assist in creating a safe/secure and desirable living environment in the PBID. This activity is also designed to enhance the livability within the Modified PBID which will attract and retain residents and provide a stable living experience within the Modified PBlD boundaries. Because these services, programs and improvements will only be provided within the Modified PBID boundaries, they will each constitute "special benefits" to the assessed parcels. Inasmuch as no services will be provided outside of the Modified PBID boundaries to the surrounding communities or to the public in general, any general benefit is unintentional. It is hereby determined that general benefits, if any, are not quantifiable, measurable, or tangible.

2. DISTRICT IDENTITY $ 136,731 · 10% ($11,121 generated by expansion area assessments) Examples of these special benefit services and costs include, but are not limited to: 0 Special events

0 Marketing and Promotions strategies

0 Holiday decorations 0 Web site development and maintenance

0 Advertising

0 Communications

0 Wayfinding sign system

0 Planning of new outdoor spaces

0 Banner program

These services, programs and improvements will beautify and enhance the image of this diverse Modified PBID. This activity is designed to increase commerce and attract and retain new business and patrons within the Modified PBID boundaries. The beautification improvements/programs would also assist in creating a desirable living environment in the Modified PBID. This activity is also designed to enhance the livability within the Modified PBID which will attract and

7 MODIFIED HISTORIC DOWNTOWN LOS ANGELES PROPERTY BUSIN~SS IMPROVEMENT DISTRICT (Not Valid Without Signature and Certification Seal Within) retain residents and provide a stable living experience within the Modified PBID boundaries. Because these services, programs and improvements will only be provided within the Modified PBID boundaries, they will each constitute "special benefits" to the assessed parcels. Inasmuch as no services wi IJ be provided outside of the Modified PBID boundaries to the surrounding communities or to the public in general, any general benefit is unintentional. It is hereby determined that general benefits, if any, are not quantifiable, measurable, or tangible.

3. ADMINISTRATION & CORPORATE OPERATIONS: $ 205,097- 15% ($16,681 generated by exp. area assessments) Examples of these special benefit services and costs include, but are not limited to:

D Staff and administrative costs

D Insurance o Office related expenses 0 Financial reporting

0 Accounting Legal work

This component is key to the proper expenditure of Modified PBID assessment funds and the administration of Modified PBID programs and activities which are intended to promote business within the Modified PBID boundaries through increased commerce and the attraction and retention of new business and to enhance residential livability through special services, programs and improvements tailored to special needs of residents. Because this administration program exists only for the purposes of the Modified PBID and will only be provided for matters occurring within the Modified PBID boundaries, this program constitutes a "special benefit" to the assessed parcels. Inasmuch as no services will be provided outside of the Modified PBID boundaries to the surrounding communities or to the public in general, any general benefit is unintentional. It is hereby determined that general benefits, if any, are not quantifiable, measurable, or tangible.

4. CONTINGENCY/CITY FEES/RESERVE: $ t 50,404 - 11% ($12,233 generated by expansion area assessments)

Examples of these special benefit services and costs include, but are not limited to: 0 Delinquencies · o City Fees 0 Reserves

The Contingency/Reserve budget includes City/County collection fees, and additional projects the Owners' Association (PBID) deems appropriate. The contingency is ancillary and necessary to the unimpeded delivery of the Modified PBJD's programs and services. This contingency/reserve fund will only be provided within the Modified PBID boundaries, therefore this program provides a "special benefit" to the assessed parcels. Inasmuch as no services will be provided outside of the Modified PBID boundaries to the surrounding communities or to the public in general, any general benefit is unintentional. It is hereby determined that general benefits, if any, are not quantifiable, measurable, or tangible.

Each of these programs and activities work together to create a more pleasing environment within the district that is conducive to strengthening the current and future economic vitality ofthis area through the attraction and retention of new

8 MODIFIED HISTORIC DOWNTOWN LOS ANGELES PROPERTY BUSINESS IMPROVEMENT DISTRICT (Not Valid Without Signature and Certification Seal Within) business, increased commerce and enhanced livability for residents. The programs, improvements and services are designed to specifically benefit properties within the Modified PBID boundaries. The proposed Modified PBID assessments will only be levied on properties within the Modified PBID boundaries and assessment revenues will be spent to deliver services that provide a direct and special benefit to assessed parcels and to improve the economic vitality of these properties. Again, inasmuch as no services will be provided outside of the Modified PBID boundaries to the surrounding communities or to the public in general, any general benefit is unintentional. It is hereby determined that general benefits, if any, are not quantifiable, measurable, or tangible.

Finding 3. From Section 4(a): "(Determine) the proportionate special benefit derived by each parcel in relationship to the entirety of the ...... cost of public improvement(s) or the maintenance and operation expenses ...... or the cost of the property related service being provided.

Each identified parcel within the Modified District will be assessed based on property characteristics unique only to that parcel. The calculated assessment rates are applied to the actual measured parameters of each parcel and thereby are proportional to each and every other identified parcel within it's respective benefit area and the Modified District as a whole. Larger parcels, larger building areas and larger street frontages are expected to impact the demand for services and programs to a greater extent than smaller ones and thus are assigned a higher proportionate degree of assessment program and service costs. The proportionality is further achieved by setting targeted formula component weights for the respective parcel by parcel identified land and building attributes.

The proportionate special benefit cost for each parcel has been calculated based on optimum proportionate formula components and is listed as an attachment to the Management District Plan and this Report. The individual percentages (i.e. proportionate relationship to the total special benefit related program and activity costs) is computed by dividing the individual parcel assessment by the total special benefit program costs ..

Finding 4. From Section 4(a); "No assessment shall be imposed on any parcel which exceeds the reasonable cost of the proportional special benefit conferred on that pa1Tel."

Not only are the proposed program costs reasonable due to the benefit of group purchasing and contracting which would be possible through the Modified Historic Downtown LA PBID, they are also considerably less than other options considered by the Modified Historic Downtown LA PBID proponent group. The actual assessment rate for each parcel within the Modlfied PBID directly relate to the level of service to be provided based on the respective lot size of each parcel.

Finding 5. From Section 4(a): "Parcels...... tbat an; owned or used by any (public) agency shaH not be exempt from assessment...... "

9 MODIFIED H!STORlC DOWNTOWN LOS ANGELES PROPERTY BUSINESS Il\1PROVEMENT DISTRICT (Not Valid Without Signature and Certification Seal Within)

There are currently three publicly owned parcels in the proposed Modified PBID. They are as follows:

~~-~h --

Legal Owner APN Site# Street Name Assessment Percent L A State Building Authority 5149 025 900 421 S. Broadway $2,270.00 0.17% LA State Building Authority 5149 025 901 401 S. Broadway $31,408.00 2.30%

City Parcel 5149-036-907 514 S. Spring Street $5,914.00 0.44% TOTAL $ 39,599.00 2.91%

These publicly owned parcels shall receive benefits, commensurate with the assessments paid into the Modified Historic Downtown LA PBID. While there is no compelling evidence that these publicly owned parcels do not benefit fi:om Modified PBID funded activities, it is the opinion ofthis Assessment Engineer that publicly owned and used parcels will not benefit from and shall not pay for "District Identity" which amounts to approximately 10% of the budget. Therefore, publicly owned parcels will be assessed in the same manner but at 90% of the rates of private parcels in the Modified PBID.

Finding 6. From Section 4(b): "AJI assessments must be supported by a detailed engineer's report prepared by a registered professional engineer certified by the State of California".

This report serves as the "detailed engineer's report" to support the benefit property assessments proposed to be levied within the Modified Historic Downtown LA PBID.

Finding 7. From Section 4(c): "The amount of the proposed assessment for each parcel shall be calculated (along with) the total amount thereof chargeable to the entire district, the duration of §uch payments, the reason for such assessment and the basis upon which the amount of the proposed assessment was calculated."

The individual and total parcel assessments attributable to special property benefits are shown in Section 7 of the Management District Plan and in Appendix A to this report. The Modified District and resultant assessment payments will continue for five years from 2008 for the existing district and, for the pro-rated remainder of this period for the expansion area and may be renewed again at that time. The reasons for the proposed assessments are outlined in Finding 2 above as well as in the Management District Plan. The calculation basis of the proposed assessment is attributed to the gross building area, land area and street frontage for commercial properties and net/livable building area for condo residential uses. There is one Benefit Zone identified.

10 MODIFIED HISTORIC DOWI\~OWN LOS ANGELES PROPERTY BUSII\'ESS IMPROVEMENT DISTRICT (Not Valid Without Signature and Certification Seal Within)

Assessment Formula Methodology

Step 1. Select "Basic Benefit Unit(s)" PBID assessment formulas typically are based on either property street frontage or parcel and building size or location, all which relate to the amount of special benefit confeJTed on a particular parcel and the proportionate assessment to be paid. The formula may base assessments on a single factor or a combination of factors.

Based on the specific needs and corresponding nature of the program activities to be funded by the Modified Historic Downtown LA PBID (i.e. sidewalk operations/beautification, district identity, administration/corporate operations and contingency/reserves) it is the opinion of this Assessment Engineer that the assessment factors on which to base assessment rates relate directly to the proportionate amount of building area, land area, and street frontage.

For commercial uses, the interactive application of building area, land area and street frontage quantities are a proven method of fairly and equitably spreading special benefit costs to these primary beneficiaries (commercial uses) of PBID funded services, programs and improvements. Each ofthese factors directly relates to the degree of benefit each parcel will receive from PBID funded activities. Building area (gross) is a direct measure of the static utilization of each parcel and its corresponding impact or draw on PBID funded activities such as marketing/promotions, clean and safe, and, administration/contingency/reserves. In the opinion of this Assessment Engineer, the targeted weight ofthis factor, gross building area, should generate approximately 35% of the total PBID revenue. Land area is a direct measure of the cun·ent and future development capacity of each parcel and, again, its corresponding impact or draw on PBID funded activities such as areawide image and physical enhancement, and, administration/contingency/reserves. In the opinion of this Assessment Engineer, the targeted weight of this factor, land area, should generate approximately 20% of the total PBID revenue. Street frontage is a direct measure, again, of the static utilization of each parcel and its corresponding impact or draw on PBID funded activities such as maintenance, areawide image and physical enhancement, and, administration/contingency/reserves. In the opinion of this Assessment Engineer, the targeted weight of this factor, street frontage, should generate approximately 30% of the total PBID revenue.

Tt is noted that "commercial uses" include residential rental uses as well as residential condominium uses.

Ground floor commercial condominiums will be treated like independent "mini" commercial buildings and assessed based on their divided building area, the footprint of the land area they cover (same as their divided building area) and the amount of direct street frontage towards the exterior of the building, if any, that they possess. Upper floor commercial condominiums will be assessed based only on their divided building area since they do not directly cover the hypothetical ground/land plane nor do they possess direct street frontage. This is not unlike other commercial

11 MODIFIED HISTORIC DOWNTOWN LOS ANGELES PROPERTY BlJSTJ\'ESS IMPROVEMENT DIS'ffiiCT (Not Valid Without Signature and Certification Seal Within)

buildings where ground floor retail/service spaces are typically triple net leases where assessments can be directly passed on to tenants by property owners via individual leases whereas upper office floors are typically gross leases where assessments are often absorbed by property O'NT!ers, possibly until such time as leases are renegotiated.

Land and building areas devoted to parking represent unique situations that require special assessment methodology. Structured parking fully integrated within, and primarily dedicated to a commercial building on the same parcel of land represents ancillary building area that does not add to the impact or draw on PBID funded activities. Therefore in the opinion of this Assessment Engineer, such parking areas will be deducted from the total gross building area and will not be assessed. Freestanding parking structures and surface lots, whether privately or publicly owned and used primarily for general public parking will add to the impact and draw ofPBID funded activities such as clean and safe, and, administration/contingency/reserves. In the opinion ofthis Assessment Engineer, such freestanding/unco~mitted parking would be assessed the same way commercial uses are assessed; i.e. gross building area (if any), land area and street frontage.

Relative to residential uses in traditionally commercially zoned areas, more and more business districts are, by design and creative zoning, becoming cores of highly active mixed use new developments and/or adaptive re-use of antiquated under-utilized or formerly empty upper building spaces. These uses are no longer just an ancillary hidden stepchild but are instead a major stakeholder component with unique needs and impacts on the contemporary urban setting. While residents may indeed not benefit from traditional business related activities such as marketing/promotions and certain image campaigns targeting customers, they do require unique services on a more extensive 24/7 basis than even their commercial counterparts and have needs for special "residential neighborhood" oriented amenities. Since many of these residential units are either being built as, divided as, or converted to condominiums, the assessment methodology is different than for commercial assessments. In the opinion of this Assessment Engineer, the only factor logically that can be assessed for these residential uses is livable space (net building area per unit) which is a measure of the impact and draw on PBID funded activities such as the sidewalk operations, as well as special evening security services and peripheral enhanced beautification programs, all in response to the specific needs of these residential stakeholders. In the opinion of this Assessment Engineer, the targeted weight of this factor, net building area, should generate approximately 15% of the total PBID revenue.

Future Development As future new development occurs within the District, current land use, building characteristics and parcel configurations may also change. This may occur due to changes in land use from commercial to residential, new building construction or demolition and/or various land related modifications such as new subdivisions, lot line adjustments, reversions to acreage and parcel consolidations. In turn, building size, parcel size and/or changes in street frontage measurements may occur. Any such modifications will result in recalculation of assessments for new and/or modified buildings or parcels based on assessment rates in affect when such changes occur in accordance with future maximum rates and the assessment

12 MODIFIED IDSTORIC DOWJ\TOWN LOS ANGELES PROPERTY BUSIN"ESS Il'dPROVEMENT DISTRICT (Not Valid Without Signature and Cert!fication Seal Within)

methodology delineated in this Plan and the Engineer's Report.

It is noted that any change in assessment formula methodology or rates other than as stipulated in the this Plan and the Engineer's Repott would require a new Proposition 218 ballot procedure in order to approve such changes.

The "Basic Benefit Units" for commercial uses will be expressed as a combined function of commercial (gross) building square footage (Benefit Unit "A"), commercial land square footage (Benefit Unit "B"), and commercial street frontage (Benefit Unit "C"). In addition, residential use assessments will be based on livable (net) building space square footage (Benefit Unit "D"). Based on the shape of the Modified Historic Downtown LA PBID, as well as the nature of the District program elements, it is detennined that all properties will gain a direct and proportionate degree of benefit based either on the respective amount of building size (net or gross), parcel size, and street frontage within one Benefit Zone.

Step 2. Quantify Total Basic Benefit Units Taking into account all identified benefiting properties and their respective assessable benefit units, there are 10,323,643 Benefit Units A, 2,100,526 Benefit Units B, 20,508 Benefit Units C, and 848,429 Benefit Units D.

Step 3. Calculate Benefit Units for Each Property. The number of Benefit Units for each identified benefiting parcel within the Modified Historic Downtown LA PBID was computed from data extracted from County of Los Angeles Assessor records and maps. These data sources delineate current land uses, property areas and dimensions of record for each tax parcel. While it is understood that this data does not represent legal field survey measurements or detailed title search of recorded land subdivision maps or building records, it does provide an acceptable basis for the purpose of calculating property based assessments. All respective property data being used for assessment computations will be provided to each property owner in the Modified PBID for their review. All known or reported discrepancies, errors or misinformation will be corrected.

Step 4. Determine Assessment Formula Based on the nature of the programs to be funded as well as other rationale outlined in Step 1 above, it has been determined that the Modified Historic Downtown LA PBID assessments will be based on building area (net or gross), land area, and street frontage within one Benefit Zone. The targeted assessment formula component weights for commercial parcels are: 35% (32.46642% when adjusted) for gross building area- Benefit Unit A, 20% (20.73934% when adjusted) for land area- Benefit Unit B, and, 30% (32.36740% when adjusted) for street frontage- Benefit Unit C. The targeted assessment formula component weight for residential condominium uses 15% (14.76813% when adjusted) for livable (net) building space·-, Benefit Unit D.

13 MODIFIED HISTORIC DO"\VNTOWN LOS ANGELES PRO PERL\' BUSINESS IMPRO\'EMENT DIST1UCT (Not Valid Without Signature and Certification Seal Within)

ComQuting Assessment Formula Unit Costs:

(Benefit Unit "A")= $1,367,310 x 32.46642%/10,323,643 sq ft = $0.043/sq ft (gross)

(Benefit Unit "B") = $1,367,310 x 20.73934%/2,100,526 sq ft = $0.135/sq ft

(Benefit Unit "C") = $1,367,310 x 32.36740% /20,508 lin ft = $21.58/lin ft

(Benefit Unit "D") = $1,367,310 x 14.76813%/848,429 = $0.238/sq ft (net)

The assessment formula for commercial pat·cels and ground floor commercial condominiums is:

GROSS OR DIVIDED BUILDING AREA (SQ FT) x $0.043/sq ft + LAND AREA (SQ FT) x $0.135/sq ft + STREET FRONTAGE (LIN FT) x $21.58/lin Ft

The assessment formula for upper floor commercial condominiums is:

DIVIDED BUILDING AREA (SQ FT) x $0.043/sq ft

The assessment formula for residential condominiums is:

NET LIVABLE BUILDING SPACE x $0.238/sq ft (net)

The assessment fm·mula fo•· publicly owned and used parcels is:

GROSS OR DIVIDED BUILDING AREA (SQ FT) x $0.039/sq ft + LAND AREA (SQ FT) x $0.1215/sq ft +

STREETFRONTAGE(LINFT) x $19,42/lin Ft

Step 5. Estimate Total District Costs The total District costs for the life of the PBID are projected to be as shown below in Table I.

TABLE 1

14 MODIFIED HISTORIC DO\VNTOWN LOS ANGELES PROPERTY BUSINESS IMPROVEMENT DISTRICT (Not Valid Without Signature and Certification Seal Within)

Total Year 2009-2013 District Costs

Projected Budget 2009 2010 2011 2012 2013

Sidewalk Operations/ Beautification [64%) $724,692.86 $781 ,266.28 $875;078.59 $918,832:51 $964,774.13

District Identity (10%) $113,233.26 $122,072.86 $136,731.04 $143~567.59 $150,7 45.96 Administrative/ Corporate Operations (15%) $169,849.89 $183,109.28 $205,096.54 $215;35T.36 $226, 118.92 Contingency /City Fees/Reserve ( 11 %) $124,556.59 $134,280.14 $150A04.l3 _i_l5l, 924.33 $165,820.54

Total (100%) $1,132,332.60 $1,220,728.56 $1,367,310.37 $1,435;675.79 $1,507,459.55

Step 6. Separate General Benefits from Special Benefits and Related Costs (Prop 218) All benefits derived from the assessments outlined in the Management District Plan are for supplemental services, programs and improvements directly benefiting the properties within this area. All PBID funded activities are provided solely to properties within the Modified Historic Dm.vntown LA PBID. All services will be delivered only within the boundaries and designed only for the direct special benefit of the assessed properties in the PBID. No services will be provided to non-assessed parcels outside the PBID boundaries. Any potential spill over effect is unquantifiable as previously discussed in this report. Thus, all general benefits (if any) within or outside of the PBID, are inadvertent, intangible and immeasurable.

Total District revenues are shown below in Table 2. . TABLE2 Total Year 1 District Revenues

...... ' I Funding Source ! Subtotal Revenue %of Total !' ...... -· ,.' o·oonco-·••"''"'''''''"'''"'1 ' ' fPBID Assessments ! i''''''''''''' ... J...... ~JA.??,} lQ ..... ; ...... )OO.oq_"(.o ...... ! ' ' ' ifOT AL DIS'.f~.CJ R£VENUE ...... : ... ····- ~~l~§?,~~Q 100.00%

Step 7. Calculate "Basic Unit Cost" With a 2011 budget of $1,367,310 (special benefit only), the Basic Unit Costs are shown above in Step 4. Since the PBID is being modified in Year 3 (2011) of a 5 year District term (2009 to 2013), the maximum assessments for future years (2012 and 2013) must set at this time. An annual flat inflationary rate increase of up to 5% may be imposed for 2012 and 2013, on approval by the PBlD Property Owner's Association relative to local CPl increases. The maximum annual rates for 2009-2013 are shown in Table 3 below:

15 MODIFIED HISTORIC DOWNTO\YN LOS ANGELES PROPERTY BUSINESS IMPROVE:J\ffNT DISTRICT (Not Valid Without Signature and Certification Seal Within}

TABLE3 2009-2013 Maximum Assessment Rates/Unit

Projected Assessments 2009* 2010* 2011 2012 2013

Street Frontage $20.00 $21.00 $21.58 $22.66 $23.79 land Area $0.125 $0.1312 $0.135 $0.1417 $0.1488 Net Building Area $0.04 $0.042 $0.043 $0.0451 $0.0474 Residential Condo Unit Building Pad Area $0.22 $0.231 $0.238 $0.2488 $0.26129 * Actual rates

Step 8. Spread the Assessments The resultant assessment spread calculation results for each parcel within the Modified PBID are shown in the Addendum attached hereto and were determined by applying the District assessment formula to each identified benefiting property.

16 MODIFIED HlSTORTC DO\VNTOWN LOS ANGELES PROPERTY BlJSINESS IM:PROVEMENT DISTRICT (Not Valid Without Signature and Certification Seal Within)

APPE IXA

2011 ASSESSMENT ROLL

17 MODIFIED HISTORIC DOWNTOWN LOS AI'iGELES PROPERTY BUSINESS IMPROVEJI.illNT DISTRICT (Not Valid Without Signature and Certification Seal Within)

2011 MODIFIED DISTRICT ASSESSMENTS

APN ASSESSMENT APN ASSESSMENT APN ASSESSMENT

,------_,,...... _,__ _ 5144001011 $26,255.44 5144026060 $ 154.28 5144026099 $ !~?_._ll__ ~·~---- ~001014 $ 18,07±:~?~- 5144026061 $ 185.13 5144026100 $ 211.24 5144026023 $ 2,044.63 ~5144026062 $ 159.03 5144026101_,_ 173.27 r----~~ $ 5144026024 $ 154.28 5144026063 $ 18_5.,1;?__ _ 5144026102 175.64 $ ~ --~-- ......

5144026025 ...... 185.13 _, __ , _____ ~ ___l_M1_Q~6064 -}.. ___ ~1_1_.24 - 5144026103 $ 204.12 I r----~·--· .. ·· L -- ...... ____, 5144026026 $ 154.28 5144026065 $ 173.27 5144026104 204.12 I r----~---- $

5144026027 _$..._ ____ 180.39 5144026066 $ 175.64 5144026105 $ --151.91 ~L44Q26028 $ 211.24 ___51440~?067 $ 204. 12 5144026106 $ 154.28 ··-~~---- ...... ----'-----

5144026029 $ 175.64 5144026068 $ ___ lOJ.,_Lf?__ 5144026107 $ 163.77...... _ 5144026030 178.01 5144026108 -••-•w 51 4402606.?_ .... 1....-----'..1-=-54-'--'-.2=8'----j $ 154.28 .. J .. ·-·-~ 5144026031 $ 208.87 5144026070 $ 163.77 5144026109 $ 185.13 """""" 5144026032 $ 109.18 5144026071 $ 163.77 --·-----5144026110 $ 135.29 _5144026033 $ 102.06 5144026072 $ 154 .. 28 5144026111 $ 185.13 I 5144026034 $ 159.03 5144026073_ -~ .. _____ 185J]_ 5144026112 204.12 I $ ••u--~-- I 51 440~....§.9~-~~ ·-$...... 163.77 --"--'-'--'--- 514402607 4 $ 135.29 5144026113 $ 178.01 ----~--- 5144026036 $ 156.65 5144026075 $ 185.13 5144026114 175.64 - - '"" •.... ·-···---·-··· $ 5144026037 _$ 185.13 514402607~ ....1 ...... ~Q..4.J2.. .. 5144026115 $ 204.12----- 5144026038 $ 137.66 5144026077 $ 178.01 5144026116 109.18 -~ .. -~~~------$ 5144026039 $ 185.13 5144026078 $ 175.64 5144026117 $ 151.91 ··-- "'~ 5144026040 206.50 5144026118 154.28 ----·-- ... $ ...... ·------·-· -·· ___ 2L41Q_~_6079 $ 204.1~- $ ...... - --l 5144026041 $ 173.27 5144026080 $ 109.18 r------.5144026119 $ 163.77 ! I 5144026042 $ 178.01 5144026081 $ 151.91 r---~~!..1..1926120 $ 154.28 I 5144026043 5144026082 $ 154.28 5144026121 $ 185.13 --- .. --~ ~---~---~Q~:lL ------5144026044 $ 109.18 5144026083 163.77 5144026122 156.65 ••• a •• c, , '"''''' $ ~ --~ -··-·--·-·--·-·--· --·· ...... $

5144026045 $ 154.28 51 44026084 ... ~$ ___ _!_.?4 .28 5144026123 $ 185.13...... ------~-- _____ 5144026046 $ 161.40 5144026085 $ 185.13 5144026124 201.75 ~--~~--~- $ 5144026047 $ 163.77 5144026086 $ 156.65 ~-2!.~4926 125 $ 182.76 154.99 5144026087 185.13 r-- _2_44026048 $ $ 5144026126 $ 173.27 ' 5144026049 $ 184.66 5144026088 $ 206.50 5144026127 $ 204.12 ' ·-·- l 5144026050 $ 158.08 5144026089 .. J ____ .. lZ§,Q_L_ 5144026128 $ 109.18 -~T---- 5144026051 $ 185.13 5144026090 $ 175.64 51440261 ?_Z __ 154.28 ------~- $ 5144026052 $ 205.31 5144026091 $ 204.12 5144026130 $ 163.77 ------~~ ··--u 5144026.Q2:L $ 178.01 5144026092 $ 109.18 5144026131 $ 166.15 ~-----'"'''''"'"'''"''''" -~~~~--·~-~u ...... ___

5144026054 $ 175.88 5144026093 $ 151.91 5144026132 ___ $__ .. ,.______154.28 ------••-•~•·o-'"'''~'''' -····· ---· 5144026055 ___1_ 205.07 154.28 5144026133 $ 185.13 c--:?-1 ..440£4.9? 4 $ ---- ·····1 I 5144026056 __ ji__ 110.13 5144026095 $ 163.77 5144026131_ 156.65 I ----~-~------~-- --- ""T~------~ - 5144026057 $ 152.38 5144026096 $ 173.74 5144026135 $ 185.131 --·--··-·-·---·--··~··· 5144026058 $ 155.23 5144026097 .Ji___ 185.13 5144026136 j 5144026059 164.01 5144026098 156.65 5144026137 I $ $ -----~---~--- $ ...... :i~~:_;~ __ "''

18 MODIFIED HISTORIC DOWNTOWN LOS ANGELES PROPERTY BUSINESS IMl'ROVEMENT DISTRICT (Not Valid Without Signature and Certification Seal Within)

~------~------,------, ~----~---~--- -·--~·~ ---~~ 51 44026 138 $ 1 78.01 51 4402 6 14 7 $ 19?.:.!1_ __ 5144026156 l_ 239.73 s1 44026_L?.L __ 1_ ___ l2L9_Q ______5144026148 $ 135.29 ~1._Q26157 $ 144.79------$ 5144026140 109.18 5144026149 __ L __ ]1.1_._?~---- -···--·-·------5144026158 $ 163.77 r-5141..0~2=6~14~1~~$~-1~5~4~.2~8~ 5144026150 $ 121.05 r--...21_1._1026159 l_ 154.28 5144026142 $ 163.77 ~_44Q~6151 $ 121.05 5144026160 $ 234.98----i 51440~_)_£3- __t ___ l~£:1..~--- __ 5144026152 $ 161.40 5144026161 $ 168.52 i 51440261 44 $ 135.29 __lli4026153 $ 106.81 5144026162 $ 30~~ 51440261 :'(?_ _L__ 1__s9 :?_~_ _5144026154 $ 244.47 5148021015 $ 41,287.55 --·~--- __ 5144026146 $ 149.53 51 4402615-?~ - $~ __ 180.39 Total $111,207.57

19 MODIFIED HISTOIUC DOWNTOWJ\ LOS ANGELES PROPERTY BUSIJ\'ESS IMPROVEMENT DISTRICT (Not Valid Without Signature and Certification Seal Within)

20 II ASSESSMENTS FOR PARCELS CURRENTLY IN THE HISTORIC DOWNTOWN LOS ANGELES BID (Technical corrections to parcel listing made by the Office of the City Clerk, August 2011)

·. 2011 5144-014-038 $18,263.14 5144-015-091 $28.05 5144-015-133 $28.05 ·~ APN ... • .A.ssessrnen 5144-015-023 $7,085.2E 5144-015-092 $27.6 5144-015-134 $27.6.< 513 9-003-001 $17,163.11 5144-015-024 $6,673.52 5144-015-093 $24.6( 5144-015-135 $24.6_(: 5139-003-012 $4,219.6 5144-015-034 $5,203.1( 5144-015-094 $29.3~ 5144-015-136 $29.3~ 5139-003-013 $2,110.5( 5144-015~035 $5,914.11: 5144-015-095 $31.0_1 5144-015-137 $31.01 5139-003-014 $3,070.7" 5144-015-036 $4,046.3 5144-015-096 $25.03 5144-015-138 $25.0~ 5139-003~017 $13,854.81 5144-015-053 $12,224.85 5144-015-097 $25.0: 5144-015-139 $25.0 5144-001-010 $10,426.6< 5144-015-056 $1,613.4 5144-015-098 $25.4E 5144-015-140 $25.4E 5144~001-012 $2,351.41 5144-015-05 7 $4,714.4 5144-015-099 $30.6ll 5144-015-141 $30.6L 5144-001-013 $2,514.9q 5144-015-058 $28.48 5144-015-100 $28.48 5144-015-142 $28.48 5144-001-015 $2,598.79 5144-015-059 $28.91 5144~015-101 $28.9_:1 5144-015-143 $28.91 5144-001-016 $6,042.38 5144-015-060 $24.17 5144-015-102 $24.1t 5144-015-144 $24.1 5144-001-018 $6,269.62 5144-015-061 $21.5E 5144-015-103 $22.01 5144-015-145 $22.0 5144-001-020 $21,414.91 5144-015-062 $26.3 5144-015-104 $33.23 5144-015-146 $33.2~ 5144-001~021 $4,355.51 5144-015-063 $44.02 5144-015-105 $28.05 5144-015-14 7 $28.0' 5144-002-010 $2,081.2E 5144-015-064 $20.7 5144-015-106 $27.6.< 5144-015-148 $27.62 5144-002-012 $2,564.2L 5144-015-065 $27.E 5144-015-107 $24.6( 5144-015-149 $24.6( 5144-002-015 $1,902.87 5144-015-066 $46.H 5144-015-108 $29.31:; 5144-015-150 $29.3' 5144-002-016 $8,966.1( 5144-015-067 $28.9 5144-015-109 $31.0 5144-015-151 $31.0 5144-002-017 $9,196.1!: 5144-015-068 $22.44 5144-015-110 $25.0 5144-015-15 2 $25.0 5144-002-018 $16,471.33 5144-015-069 $22.4~ 5144-015-111 $25.0 5144-015-153 $25.0 5144-002-019 $5,620.2L 5144-015-070 $25.4E 5144-015-112 $25.~~ 5144-015-154 $25.4E 5144-002-020 $3,046.6 5144-015-071 $33.2~ 5144-015-113 $30.6L 5144-015-155 $30.6~ 5144-002-021 $5,768.74 5144-015-072 $28.4E 5144-015-114 $28.4~ 5144-015-156 $28.~ 5144-002-022 $5,003.5E 5144-015-073 $28.9 5144-015-115 $28.9 5144-015-157 $28.9 5144-002-023 $3,620.8L 5144-015-07 4 $24.11 5144-015-116 $24.11 5144-015-158 $24.1 5144-002-025 $9,440.6 5144-015-075 $22.01 5144-015-117 $22.0 5144-015-159 $22.0 5144-002-026 $6,829.68 5144~015-076 $33.2..; 5144-015-118 $33.2 5144-015-160 $33.2 5144-002-152 $8,205.75 5144-015-077 $28.05 5144-015-119 $28.05 5144-015-161 $28.05 5144-003-012 $2,304.9Li 5144-015-078 $27.62 5144-015-120 $27.62 5144-015-162 $27.6.< 5144-003-013 $5,358.73 5144-015-079 $24.6C 5144-015-121 $24.6( 5144-015-163 $24.6( 5144-003-014 $5,314.4E 5144-015-080 $29.35 5144-015-122 $29.3: 5144-015~ 164 $29.35 5144-003-016 $9,534.2( 5144-015-081 $31.07 5144-015-123 $31.07 5144-015-165 $31.02 5144-003-040 $25,057.71 5144-015-082 $25.03 5144-015-124 $25.0~ 5144-015-166 $25.0~ 5144-014-027 $7,127.5( 5144-015-083 $25.0:: 5144-015-125 $25.0~ 5144-015-167 $25.~ 5144-014-028 $3,464.81 5144-015-084 $25.4E 5144-015-126 $25.46 5144-015-168 $25.4E 5144-014-029 $5,531.66 r-· 5144-015-085 $30.6~ 5144-015-127 $30.64 5144-015-169 $30.6~ 5144-014-030 $3,719.15 5144-015-086 $28.4c 5144-015-128 $28.48 5144-015-170 $28.4E 5144-014-031 $2,306.07 5144-015-08 7 $28.9 5144-015-129 $28.91 5144-015-171 $28.9 5144-014-032 $2,313.45 5144-015-088 $24.1 5144-015-130 $24.1 5144-015-172 $24.1 5144-014-036 $4,258.28 5144-015-089 $22.0 5144-015-131 $22.0 5144-015-173 $22.0 5144-014-037 $4,230.92 5144-015-090 $33.23 5144-015-132 $33.2 5144-015-174 $33.2

20 .1

MODIFIED HISTORIC DOWNTOWN LOS A....'\IGELES PROPERTY BUSINESS IMPROVEMENT DISTRICT (Not Valid Without Signature and Certification Seal Within)

5144-015-175 $28.05 5144-015-219 $24.60 5144-017-071 $353.66 5144-017-115 - $420.11 5144-015-176 $27.6L 5144-015-220 $29.35 5144-017-072 $211.24 5144-017-116 $329.92 5144-015-177 $24.6( 5144-015-221 $31.01 5144-017-073 $265.83 5144-017-117 -- $303.8 5144-015-178 $29.3': 5144-015-222 $25.0_, 5144-017-074 $263.4E 5144-017-118 $223.1 5144-015-179 $31.0 5144-015-223 $25.0 5144-017-075 $365.52 5144-017-119 $382.1<1 5144-015-180 $25.0 5144-015-224 $25.4E 5144-017-076 $249.22 5144-017-120 $211.2-<1 5144-015-181 $25.0 5144-015-225 $27.83 5144-017-077 $282.45 5144-017-121 $265.83 5144-015-182 $25.46 5144-016-067 $5,749.32 5144-017-078 $412.99 5144-017-122 $268.2 5144-015-183 $30.64 5144-017-028 $12,788.05 5144-017-079 $415.31 5144-017-123 $365.5 5144-015-184 $28.42 5144-017-029 $12,818.2( 5144-017-080 $329.92 5144-017-124 $239.7 5144-015-185 $28.91 5144-017-030 $47,634.1S 5144-017-081 $303.81 5144-017-125 $284.8.< 5144-015-186 $24.11 5144-017-037 $11,604.6t 5144-017-082 $223.1 5144-017-126 $412.9~ 5144-015-187 $22.0 5144-017-038 $5,453.3 5144-017-083 $382.14 5144-017-127 $420.1 5144-015-188 $33.2 5144-017-040 $1,72_~ 5144-017-084 $211.24 5144-017-128 $329.9 ~- 5144-015-189 $28.0S 5144-017-041 $1,885.55 5144-017-085 $265.83 5144-017-129 $303.8 5144-015-190 $27.62 5144-017-042 $1,699.13 5144-017-086 $268.2 5144-017-130 $223.1 5144-015-191 $24.6C 5144-017-043 $2,396.5 5144-017-087 $365.52 5144-017-131 $382.14 5144-015-192 $29.35 5144-017-044 $1,696.1( 5144-017-088 $239.73 5144-017-132 $211.24 5144-015-193 $31.07 5144-017-045 $1,726.74 5144-017-089 $284.82 5144-017-133 $265.8 5144-015-194 $25.0.::o 5144-017-046 $353.66 5144-017-090 $412.99 5144-017-134 $268.2 ··~ 5144-015-195 $25.0 5144-017-047 $220.7.11 5144-017-091 $420.11 5144-017-135 $365.5 5144-015-196 $25.46 5144-017-048 $213.62 5144-017-092 $329.92 5144-017-136 $239.73 5144-015-19 7 $30.64 5144-017-049 $356.03 5144-017-093 $303.8 5144-017-137 $284.8.< 5144-015-198 $32.3 5144-017-050 $232.61 5144-017-094 $223.11 5144-017-138 $412.9S 5144-015-199 $29.35 5144-017-051 $277.7( 5144-017-095 $382.14 5144-017-139 $410.6L 5144-015-200 $24.11 5144-017-052 $265.8 5144-017-096 $211.24 5144-017-140 $329.92 5144-015-201 $23.3( 5144-017-053 $379.76 5144-017-097 $265.83 5144-017-141 $303.8 5144-015-202 $33.2 5144-017-054 $234.92 5144-017-098 $268.21 5144-017-142 $223.1

5144-015-203 $28.0t ~144-017-055 $258.71 5144-017-099 $365.52 5144-017-143 $382.14 5144-015-204 $25.0 5144-017-056 $434.36 5144-017-100 $239.73 5144-017-144 $211.24 5144-015-205 $24.60 5144-017-057 $296.6g 5144-017-101 $284.82 5144-017-145 $265.8 5144-015-206 $29.35 5144-017-058 $272.96 5144-017-102 $412.99 5144-017-146 $268.21 5144-015-207 $31.0 I 5144-017-059 $223.11 5144-017-103 $410.62 5144-017-147 $365.5.< 5144-015-208 $25.0 5144-017-060 $346.53 5144-017-104 $329.92 5144-017-148 $239.73 5144-015-209 $25.0 5144-017-061 $215.99 5144-017-105 $303.81 5144-017-149 $284.82 5144-015-210 $25.4E 5144-017-062 $265.8--- 5144-017-106 $223.1 5144-017-150 $412.99 5144-015-211 $30.6.11 5144-017-063 $268.21 5144-017-107 $382.1~ 5144-017-151 $420.11 5144-015-212 $32.3 5144-017-064 $372.64 5144-017-108 $211.24 5144-017-152 $315.68 5144-015-213 $49.20 5144-017-065 $242.10 5144-017-109 $265.83 5144-017-153 $351.28 5144-015-214 $24.17 5144-017-066 $258.71 5144-017-110 $268.21 5144-017-154 $436.73 ---~ r--- "~--~~- n 5144-015-215 $23.30 5144-017-067 $434.36 5144-017-111 $365.52 5144-017-155 $208.87 5144-015-216 $33.2 5144-017-068 $294.32 5144-017-112 $239.73 5144-017-156 $265.83 5144-015-217 $28.0° 5144-017-069 $299.06 5144-017-113 $284.82 5144-017-157 $268.21 5144-015-218 $25.0 5144-017-070 $287.20 5144-017-114 $412.99 5144-017-158 $287.20

21 MODIFIED HISTORIC DOWNTOWN LOS ANGELES PROPERTY BUSINESS IMPROVEMENT DISTRICT (Not Valid Without Signature and Certification Seal Within)

5144-017-159 $244.41 5148-020-003 $2,550.46 5149-002-046 $223.11 5149~002-090 $211.24 5144-017-160 $282.4~ 5148-020-004 $1,581.10 5149-002-04 7 $194.63 5149-002-091 $197.0C 5144-017-161 $412.99 5148-020-006 $2,359.9( 5149-002-048 $211.24 5149-002-092 $175.64 5144-017-162 $420.1 5148-020-007 $20,482.81 5149-002-049 $156.6~ 5149-002-093 $159.0 5144-017-163 $315.68 5148-020-009 $4,636.19 5149-002-050 $211.2~ 5149-002-094 $189.88 5144~017-164 $351.28 5148-021-002 $2,012.6.<: 5149-002-051 $234.98 5149-002-095 $204.1 5144-017-165 $436.73 5148-021-010 $10,705.2 5149-002-052 $159.03 5149-002-096 $144.79 5144-017-166 $208.87 5148-021-011 $2,901.95 5149-002-053 $182.7E 5149-002-097 $154.28 5144-017-167 $265.83 5148-021-020 $7,512.77 5149-002-054 $270.58 5149-002-098 $223.11 5144-017-168 $268.21 5149-002-011 $227.86 5149-002-055 $154.2~ 5149-002-099 $194.63 5144-017-169 $287.20 5149-002-012 $211.24 5149-002-056 $140.04 5149-002-100 $211.24 5144-017-170 $244.4 5149-002-013 $197.0C 5149-002-057 $118.68 5149-002-101 $156.65 5144-017-171 $282.45 5149-002-014 $175.64 5149-002-058 $159.03 5149-002-102 $211.24 5144-017-172 $412.99 5149-002-015 $159.03 5149-002-059 $232.6 5149-002-103 $234.98 5144-017-173 $410.62 5149-002-016 $189.88 5149-002-060 $111.56 5149-002-104 $159.0 5144-017-174 $320.43 5149-002-017 $204.1L 5149-002-061 $168.52 5149-002-105 $182.76 5144-017-175 $353.66 5149-002-018 $144.7~ 5149-002-062 $123.42 5149-002-106 $270.58 5144-017-176 $436.73 5149-002-019 $154.2E 5149-002-063 $227.86 5149-002-107 $154.28 5144-017-177 $208.87 5149-002-020 $223.1 5149-002-064 $211.2Li 5149-002-108 $140.04 5144-017-178 $265.83 5149-002-021 $194.6~ 5149-002-065 $197.00 5149-002-109 $118.68 5144-017-179 $268.21 5149-002-022 $211.24 5149-002-066 $175.64 5149-002-110 $159.0.o 5144-017-180 $284.8.:: 5149-002-023 $156.65 5149-002-067 $159.03 5149-002-111 $232.61 5144-017-181 $246.85 5149-002-024 $211.24 5149-002-068 $189.88 5149-002-112 $111.56 5144-017-182 $306.18 5149-002-025 $234.98 5149-002-069 $204.12 5149-002-113 $168.5L 5144-017-183 $788.01 5149-002-026 $159.0 5149-002-070 $144.79 5149-002-114 $123.42 5144-017-184 $479.45 5149-002-027 $182.7E 5149-002-071 $154.28 5149-002-115 $227.86 5144-017-185 $477.08 5149-002-028 $270.5~ 5149-002-072 $223.11 5149-002-116 $211.24 5144-017-186 $591.01 5149-002-029 $154.2~ 5149-002-073 $194.63 5149-002-117 $197.00 5144-017-187 $536.4L 5149-002-030 $140.0tl 5149-002-074 $211.24 5149-002-118 $175.64 5144-017-188 $569.65 5149-002-031 $118.68 5149-002-075 $156.65 5149-002-119 $159.0 5144-017-189 $422.49 5149-002-032 $159.03 5149-002-076 $211.24 5149-002-120 $189.8E 5144-017-190 $602.88 5149-002-033 $232.6 5149-002-077 $234.98 5149-002-121 $204.1.< 5144-024-021 $8,402.55 5149-002-034 $111.5E 5149-002-078 $159.03 5149-002-122 $144.7S 5148-008-001 $13,332.74 5149-002-035 $168.5 5149-002-079 $182.76 5149-002-123 $154.2E 5148-008-002 $7,791.80 5149-002-036 $123.42 5149-002-080 $270.58 5149-002-124 $223.1 5148-009-009 $4,880.83 5149-002-037 $227.8E 5149-002-081 $154.2~ 5149-002-125 $194.63 5148-009-012 $2,789.9 5149-002-038 $211.24 5149-002-082 $140.0tl 5149-002-126 $211.2Li 5148-009-013 $9,388.6.< 5149-002-039 $197.0( 5149-002-083 $118.6~ pl49-002-127 $156.6~ 5148-009-015 $5,460.8 5149-002-040 $175.6~ 5149-002-084 $159.03 5149-002-128 $211.2~ 5148-019-007 $1,851.3' 5149-002-041 $159.0 5149-002-085 $232.61 5149-002-129 $234.9E ··- -~·~ -~ 5148-019-008 $3,719.9E 5149-002-042 $189.8~ 5149-002-086 $111.56 5149-002-130 $159.0 5148-019-009 $4,171.3E 5149-002-043 $204.1L 5149-002-087 $168.52 5149-002-131 $182.7E -- 5148-019-010 $2,075.0E 5149-002-044 $144.75 5149-002-088 $123.42 5149-002-132 $270.5E 5148-019-011 $7,043.4E 5149-002-045 $154.28 5149-002-089 $227.86 5149-002-133 $154.2~

22 MODIFIED HlSTORJC DOWNTOWN LOS ANGELES PROPERTY BUSINESS IMPROVEMENT DISTRICT (Not Valid Without Signature and Certification Seal Within)

5149~002-134 $140.0~ 5149-002-178 $192.2E 5149-023-027 $173.27 -- 5149-023-071 $189.88 5149-002-135 $118.6E 5149-002-179 $156.6° 5149-023-028 $168.52 5149-023-072 $194.63 5149-002-136 $159.03 5149-002-180 $211.2l1 5149-023-029 $109.12 5149-023-073 $189.8E 5149-002-137 $232.61 5149-002-181 $234.9!" 5149-023-030 $106.81 5149-023-074 $204.12 5149-002-138 $111.5E 5149-002-182 $159.0 5149-023-031 $109.!_8 5149-023-075 $204.1L 5149-002-139 $168.52 5149-002-183 $182.7E 5149-023-032 $185.13 5149-023-076 $194.6,:; 1-· 5149-002-140 $123.42 5149-002-184 $270.58 5149-023-033 $109.18 5149-023-077 $194.63 5149-002-141 $227.8E 5149-002-185 $154.28 5149-023-034 $121.05 5149-023-078 $197.0( 5149-002-142 $211.2LI 5149-002-186 $140.0l1 5149-023-035 $282.45 5149-023-079 $163.77 5149-002-143 $197.0( 5149-002-187 $118.62 5149-023-036 $232.61 5149-023-080 $170.89 5149-002-144 $175.6.!1 5149-002-188 $159.03 5149-023-037 $303.81 5149-023-081 $170.89 5149-002-145 $159.03 5149-002-189 $232.61 5149-023-038 $306.U 5149-023-082 $168.52 5149-002-146 $189.8( 5149-002-190 $111.5E 5149-023-039 $303.8 5149-023-083 $111.56 5149-002-14 7 $204.12 5149-002-191 $168.52 5149-023-040 $261.09 5149-023-084 $109.H 5149-002-148 $144.79 5149-002-192 $123.4 5149-023-041 $211.2L 5149-023-085 $111.5E 5149-002-149 $154.28 5149-002-193 $429.6 5149-023-042 $208.87 5149-023-086 $185.1 5149-002-150 $223.1J 5149-002-194 $320.43 5149-023-043 $197.0( 5149-023-087 $111.5E 5149-002-151 $194.63 5149-002-195 $310.93 5149-023-044 $170.89 5149-023-088 $121.05 5149-002-152 $211.2LI 5149-002-196 $645.6( 5149-023-045 $170.89 5149-023-089 $189.8E 5149-002-153 $156.6" 5149-002-197 $460.4f 5149-023-046 $168.5.1 5149-023-090 $194.63 5149-002-154 $211.2LI 5149-002-198 $807.0( 5149-023-04 7 $111.SE 5149-023-091 $189.8f 5149-002-155 $234.9E 5149-002-199 $339.4 5149-023-048 $109.H 5149-023-092 $204.1. 5149-002-156 $159.03 5149-002-200 $638.4~ 5149-023-049 $111.5E 5149-023-093 $204.1. 5149-002-157 $182.7E 5149-002-201 $474.7 5149-023-050 $185.13 5149-023-094 $194.6 5149-002-158 $270.58 5149-022-006 $5,152.84 5149-023-051 $111.56 5149-023-09 5 $194.6 5149-002-159 $154.2E 5149-022-008 $10,010.21 5149-023-052 $121.05 5149-023-096 $197.0( 5149-002-160 $140.0.!1 5149-022-010 $3,357.2~ 5149-023-053 $189.88 5149-023-097 $163.7 5149-002-161 $118.62 5149-022-012 $4,910.4~ 5149-023-054 $194.63 5149-023-098 $170.8' 5149-002-162 $159.03 5149-022-013 $9,074.m 5149-023-055 $189.~ 5149-023-099 $170.8' 5149-002-163 $232.6 5149-022-014 $5,117.54 5149-023-056 $204.12 5149-023-100 $168.5L 5149-002-164 $111.5E 5149-022-015 $3,315.95 5149-023-057 $204.12 5149-023-101 $111.5E 5149-002-165 $168.52 5149-022-016 $3,315.95 5149-023-058 $194.63 5149-023-102 $109.H 5149-002-166 $123.42 5149-022-017 $3,315.95 5149-023-059 $194.63 5149-023-103 $111.5E 5149-002-167 $227.86 5149-022-018 $3,315.95 5149-023-060 $197.0_(: 5149-023-104 $185.13 5149-002-168 $211.24 5149-022-019 $3,315.9~ 5149-023-061 $163.71 5149-023-105 $111.5E 5149-002-169 $197.0C 5149-023-011 $7,900.9( 5149-023-062 $170.89 5149-023-106 $121.05 5149-002-170 $175.64 5149-023-013 $7,268.7E 5149-023-063 $170.89 5149-023-107 $189.8~ 5149-002-171 $159.03 5149-023-020 $375.02 5149-023-064 $168.52 5149-023-108 $194.6 5149-002-172 $189.88 5149-023-021 $263.4E 5149-023-065 $111.56 5149-023-109 $189.8~ 5149-002-173 $204.12 5149-023-022 $268.2 5149-023-066 $109.18 5149-023-110 $204.1~ -·- 5149-002-174 $144.79 5149-023-023 $270.51: 5149-023-067 $111.56 5149-023-111 $204.12 5149-002-17 5 $154.28 5149-023-024 $268.2 5149~023-068 $185.13 5149-023-112 $194.63 5149-002-176 $223.11 5149-023-025 $242.1( 5149-023-069 $111.56 5149-023-113 $194.63 5149-002-177 $194.63 5149-023-026 $170.8~ 5149-023-070 $121.05 5149-023-114 $197.0(

23 MODIFIED IDSTORIC DOWNTOWN LOS ANGELES PROPERTY BUSINESS IMPROVEMENT DISTRICT (Not Valid Without Signature and Certification Seal Within)

5149-023-115 $163.7 5149-023-159 $194.6 5149-023-203 $168.52 5149-024-024 $7,003.18 5149-023-116 $170.89 5149-023-160 $192.26 5149-023-204 $111.56 5149-024-025 $13,134.06 5149-023-117 $170.89 5149-023-161 $204.12 5149-023-205 $299.06 5149-025-001 $3,894.72 5149-023-118 $168.52 5149-023-162 $204.1£ 5149-023-206 $111.56 5149-025-900 $2,276.97 5149-023-119 $111.SE 5149-023-163 $194.6 5149-023-207 $111.56 5149-025-901 $31,408.4~ 5149-023-120 $299.0E 5149-023-164 $194.63 5149-023-208 $121.05 5149-026-001 $15,823.62 5149-023-121 $111.5E 5149-023-165 $163.7 5149-023-209 $189.88 5149-026-002 $4,622.0E 5149-023-122 $111.56 5149-023-166 $197.0C 5149-023-210 $194.63 5149-026-003 $3,780.1C 5149-023-123 $121.05 5149-023-167 $170.8q 5149-023-211 $192.26 5149-026-008 $6,453.64 5149-023-124 $189.88 5149-023-168 $170.89 5149-023-212 $204.12 5149-033-001 $2,196.0 5149-023-125 $194.63 5149-023-169 $168.5L 5149-023-213 $204.1L 5149-033-002 $3,405.36 5149-023-126 $192.2E 5149-023-170 $111.56 5149-023· 214 $194.63 5149-033-003 $4,168.12 5149-023-127 $204.12 5149-023-171 $299.06 5149-023-215 $194.63 5149-033-004 $1,221.8 5149-023-128 $204.1L 5149-023-172 $111.56 5149-023-216 $163.77 5149-033-007 $3,845.9L 5149-023-129 $194.6.-:l 5149-023-173 $111.56 5149-023-217 $197.0( 5149-033-008 $1,114.64 5149-023-130 $194.6 5149-023-174 $121.0~ 5149-023-218 $170.89 5149-033-009 $3,776.01

5149-023-131 $163.7 I 5149-023-175 $189.88 5149-023-219 $170.89 5149-033-011 $1,233.0L 5149-023-132 $197.0C 5149-023-176 $194.63 5149-023-220 $163.52 5149-033-012 $2,823.88 5149-023-133 $170.89 5149-023-177 $192.26 5149-023-221 $225.48 5149-033-013 $6,482.58 5149-023-134 $170.89 5149-023-178 $204.12 5149-023~222 $299.06 5149-033-014 $1,269.30 5149-023-135 $168.52 5149-023-179 $204.1£ 5149-023-223 $239.73 5149-033-016 $0.0( 5149-023-136 $111.56 5149-023-180 $194.6 5149-023-224 $225.413 5149-033-017 $187.5 5149-023-137 $299.06 5149-023-181 $194.63 5149-023-225 $239.73 5149-033-018 $232.6 5149-023-138 $111.56 5149-023-182 $163.7/ 5149-023-226 $11,796.3.1 5149-033-019 $187.5 5149-023-139 $111.56 5149-023-183 $197.00 5149-023-231 $81.8E 5149-033-020 $230.23 5149-023-140 $121.05 5149-023-184 $170.8~ 5149-023-232 $107.89 5149-033-021 $159.03 5149-023-141 $189.88 5149-023-185 $170.8~ 5149-023-233 $645.3C 5149-033-022 $182.76 5149-023-142 $194.63 5149-023-186 $168.52 5149-023-900 $760.40 5149-033-023 $168.28

5149-023-143 $192.26 5149-023~187 $111.5E 5149-023-901 $898.65 5149-033-024 $284.82 5149-023-144 $204.1L 5149-023-188 $299.06 5149-023-902 $1,165.19 5149-033-025 $159.03 5149-023-145 $204.12 5149-023-189 $111.56 5149-023-903 $2,029.3E 5149-033-026 $218.36 5149-023-146 5149-023-190 $111.56 5149-023-904 $2,328.0E 5149-033-027 $194.63 -- - $27533 5149-023-147 $194.63 5149-023-191 $121.0~ 5149-023-905 $1,548.7 5149-033-028 $227.86 5149-023-148 $163.77 5149-023-192 $189.82 5149-024-001 $18,120.92 5149-033-029 $211.2..:1 5149-023-149 $197.00 5149-023-193 $194.6 5149-024-004 $8,436.2 5149-033-030 $197.0( 5149-023-150 $170.89 5149-023-194 $192.2E 5149-024-006 $1,227.2 5149-033-031 $175.64 5149-023-151 $170.89 5149-023-195 $204.12 5149-024-008 $4,831.7 5149-033-032 $159.03 5149-023-152 $168.5 5149-023-196 $204.1 5149-024-009 $5,694.80 ~149-033-033 $187.5 5149-023-153 $111.5E 5149-023-197 $194.63 5149-024-016 $36,964.9 5149-033-034 $204.12

5149-023-154 $299.0E 5149-023-198 $194.6 5149-024-018 $1,730.6'1 5149-033-035... $161.40 --- --·--~ 5149-023-155 $111.5E 5149-023-199 $163.7 5149-024-019 . $2,352.79 5149-033-036 $187.5 5149-023-156 $111.5E 5149-023-200 $197.0C 5149-024-020 $3,362.72 5149-033-037 $197.0( 5149-023-157 $121.05 5149-023-201 $170.89 5149-024-021 $6,419.31 5149-033-038 $227.8E 5149~023-158 $189.88 5149-023-202 $170.89 5149-024-022 $1,084.40 5149-033-039 $246.8(

24 MODIFIED HISTORIC DOWNTOWN LOS ANGELES PROPERTY BUSINESS IMPROVEMENT DlSTRlCT (Not Valid Without Signature and Cert[fication Seal Within)

5149-033-040 $156.65 5149-033-079 $123.4L 5149-035-014 $19,323.0L 5149~038-031 $185.1 ~- 5149-033-041 $211.24 5149-033-080 $227.86 5149-035-015 $22,627.6.:o 5149-038-032 $261.09 5149-033-042 $234.98 5149-033-081 $211.2LI 5149-036-004 $17,853.0£ 5149-038-033 $242.1[ 5149-033-043 $159.03 5149-033-082 $197.0C 5149-036-010 $9,759.1[ 5149-038-034 $175.64 5149-033-044 $182.7E 5149-033-083 $175.64 5149-036-016 $5,105.78 5149-038-035 $173.2 5149-033-045 $270.58 5149-033-084 $159.D3 5149-036-017 $16,623.18 5149-038-036 $308.5£ 5149-033-046 $154.28 5149-033-085 $189.88 5149-036-907 $5,913.76 5149-038-037 $185.1 5149-033-047 $173.21 5149-033-086 $204.1 5149-037-010 $11,478.61 5149-038-038 $261.09 5149-033-048 $144.79 5149-033-087 $144.7~ 5149-037-026 $25,122.1 5149-038-039 $242.1C 5149-033-049 $159.03 5149-033-088 $154.2E 5149-038-001 $3,367.2~ 5149-038-040 $175.64 5149-033-050 $232.61 5149-033-089 $223.1 5149-038-002 $249.22 5149-038-041 $173.27 5149-033-051 $128.17 5149-033-090 $194.63 5149-038-003 $244.4/ 5149-038-042 $308.56 5149-033-052 $168.5 5149-033-091 $211.24 5149-038-004 $175.64 5149-038-043 $185.1 5149-033-053 $123.4£ 5149-033-092 $156.65 5149-038-005 $175.64 5149-038-044 $261.09 5149-033-054 $227.8E 5149-033-093 $211.2LI 5149-038-006 $308.56 5149-038-045 $242.10 5149-033-055 $211.2LI 5149-033-094 $234.9~ 5149-038-007 $182.76 5149-038-046 $175.64 5149-033-056 $197.0C 5149-033-095 $159.0 5149-038-008 $258.7 5149-038-047 $173.27 5149-033-057 $175.64 5149-033-096 $182.7E 5149-038-009 $244.41 5149-038-048 $308.56 5149-033-058 $159.03 5149-033-097 $270.5~ 5149-038-010 $175.6LI 5149-038-049 $185.1 5149-033-059 $189.88 5149-033-098 $154.2E 5149-038-011 $173.2 5149-038-050 $261.0£ 5149-033-060 $204.12 5149-033-099 $140.04 5149-038-012 $308.56 5149-038-051 $242.10 5149-033-061 $144.79 5149-033-100 $118.6t 5149-038-013 $182.76 5149-038-052 $175.64 5149-033-062 $154.28 5149-033-101 $159.0 5149-038-014 $258.71 5149-038-053 $173.27 5149-033-063 $223.1 5149-033-102 $232.6 5149-038-015 $242.1( 5149-038-054 $308.56 5149-033-064 $194.63 5149-033-103 $111.5E 5149-038-016 $175.6LI 5149-038-055 $185.13 5149-033-065 $211.24 5149-033-104 $168.5 5149-038-017 $173.2 5149-038-056 $261.0~ -~· 5149-033-066 $156.65 5149-033-105 $123.42 5149-038-018 $299.0E 5149-038-057 $242.1( 5149-033-067 $211.24 5149-034-002 $3,791.4 5149-038-019 $182.76 5149-038-058 $175.6LI 5149-033-068 $234.98 15149-034-003 $4,316.7! 5149-038-020 $256.3LI 5149-038-059 $173.21 5149-033-069 $159.03 5149-034-005 $11,933.3~ 5149-038-021 $239.7 5149-038-060 $310.93 5149-033-070 $182.76 5149-034-006 $15,972.81 5149-038-022 $175.6<1 5149-038-061 $185.13 5149-033-071 $270.58 5149-034-011 $2,558.6LI 5149-038-023 $173.21 5149-038-062 $261.0'1 5149-033-072 $154.28 5149-034-012 $10,349.75 5149-038-024 $308.56 5149-038-063 $244.4 5149-033-073 $140.04 5149~035-004 $3,881.49 5149-038-025 $182.76 5149-038-064 $375.02 5149-033-074 $118.68 5149-035-005 $3,136.31 5149-038-026 $263.46 5149-038-065 $315.68 5149-033-075 $159.03 5149-035-007 $2,071.62 5149-038-027 $242.10 5149-038-066 $185.1j 5149-033-076 $232.61 5149-035-010 $2,352.52 5149-038-028 $175.64 $1;232,671'2"' 5149-033-077 $111.56 5149-035-011 $7,601.32 :::.149-038-029 $173.21 5149-033-078 $168.52 5149-035-012 $5,514.2[ 5149-038-030 $308.56

25 ORDINANCE NO.-----

An Ordinance of Intention to modify the Management District Plan for the Historic Downtown Los Angeles Business Improvement District.

WHEREAS, on August 13, 2008, the City Council, acting pursuant to Section 36600 et seq. of the California Streets and Highways Code, adopted Ordinance No. 180156, which established the Historic Downtown Los Angeles Business Improvement District ("District") and approved its Management District Plan; and

WHEREAS, on December 17, 2008, the City Council adopted a verbal motion to remove the Pacific Electric Building from the Fashion District Business Improvement District and include it in the Historic Downtown Business Improvement District; and

WHEREAS, Section 36600 et seq. of the California Streets and Highways Code [for modifying Management District Plans of Property-based Business Improvement Districts] authorizes the City Council to initiate proceedings to modify the Management District Plan upon the request of the owners' association; and

WHEREAS, the Historic Downtown Los Angeles Property Business Improvement District Expansion Committee has submitted a revised Management District Plan and Engineer's Report requesting that the City Council initiate proceedings to modify the Historic Downtown Los Angeles Business Improvement District's Management District Plan and include additional parcels to the boundaries to create an enlarged area to be known as the Modified Historic Downtown Los Angeles Business Improvement District; and

WHEREAS, City Business Improvement District policy for modification requires attainment of petitions signed by property owners in the proposed expansion area who will pay more than 50 percent of the assessments for properties in the expanded area; and

WHEREAS, the Historic Downtown Los Angeles Property Business Improvement District Expansion Committee has prepared and filed proposed modifications to the Management District Plan, and submitted petitions signed by more than 50 percent of the property owners in the expansion area who are in support of the modification.

1 NOW THEREFORE,

THE PEOPLE OF THE CITY OF LOS ANGELES DO ORDAIN AS FOLLOWS:

Section 1. DECLARATION. Pursuant to the provisions of Property and Business Improvement District Law of 1994, Section 36600 et seq., of the Streets and Highways Code (Act), the City Council hereby declares its intention to modify the Historic Downtown Los Angeles Business Improvement District's Management District Plan and Engineer's Report.

Sec. 2. ADOPTION OF MODIFICATIONS TO THE ENGINEER'S REPORT AND MANAGEMENT DISTRICT PLAN. The City Council hereby adopts, approves and confirms the modified Management District Plan and Engineer's Report. The proposed modifications to the Historic Downtown Los Angeles Management District Plan and Engineer's Report are detailed in the proposed 2011 revision to the Plan, which is included in Council File No. . The modifications include expanding the District boundaries to include 4 buildings which are excluded from the boundaries of the adjacent Fashion District Business Improvement District.

Sec. 3. PARCELS WITHIN THE DISTRICT. The City Council hereby affirms its finding that all parcels in the Modified Historic Downtown Los Angeles Business Improvement District, which will have a special benefit conferred upon them and upon which an assessment will be imposed, are identified in the Modified Management District Plan.

Sec 4. PROPORTIONAL BENEFIT. The City Council hereby reaffirms that the assessment proposed to be imposed on each parcel in the Modified Historic Downtown Los Angeles Business Improvement District does not exceed the reasonable cost of the proportional benefit conferred on that parcel.

Sec 5. SEPERATION OF GENERAL AND SPECIAL BENEFITS. The City Council hereby affirms that it has separated the general benefits, if any, from the special benefits conferred on each parcel in the Modified Historic Downtown Los Angeles Business Improvement District.

Sec 6. ASSESSMENTS SUPPORTED BY ENGINEER'S REPORT, The City Council hereby affirms that all proposed assessments in the Modified Historic Downtown Los Angeles Business Improvement District are supported by a detailed Engineer's Report prepared by a registered professional engineer certified by the state of California.

Sec 7. DISTRICT BOUNDARIES. The City Council hereby declares that the boundaries of the Modified Historic Downtown Los Angeles Business Improvement

2 District are as detailed in the Management District Plan. The proposed modified District in downtown Los Angeles is bounded roughly by Los Angeles Street on the east, 4th Street on the north, Hill Street on the west, and ih and Olympic Streets on the south.

Sec 8. IMPROVEMENTS AND ACTIVITIES. The City Council hereby declares that the proposed activities and improvements to be funded by the levy of assessments on property within the Modified Historic Downtown Los Angeles Business Improvement District are detailed in the District's Modified Management District Plan. Such activities and improvements include, but are not limited to, Sidewalk Operations and Beautification, District Identity, Administration and Corporate Operations.

Sec 9. ANNUAL ASSESSMENTS AND DURATION. The Modified Historic Downtown Los Angeles Business Improvement District total assessment for three (3) years is estimated to be $4,310,445.71. The Modified Historic Downtown Los Angeles Business Improvement District total annual assessment to the first year is estimated to be $1,367,31 0.37. Annual assessments for subsequent years may be adjusted by a percentage rate not to exceed a maximum of five percent (5%) per year as described in the Modified Management District Plan. It is proposed that the Modified Historic Downtown Los Angeles Business Improvement District will continue the current term of the District and will expire on December 31, 2013. The Modified Historic Downtown Los Angeles Business Improvement District will not issue any bonds.

Sec 10. COLLECTION OF ASSESSMENTS. The City Council hereby declares that to the extent possible, assessments in the Modified Historic Downtown Los Angeles Business Improvement District shall be collected at the same time and in the same manner as County ad valorem property taxes and shall be subject to all laws providing for the collection and enforcement of assessments. For properties that do not appear on the County tax rolls or for assessments for any years in which the City is unable to transmit the assessment information to the County in sufficient time for the County to collect the assessments with the County ad valorem property taxes, the City Clerk may bill and collect the assessment by mailing assessment notices (Statement of Assessment Due) to each property owner within the Modified Historic Downtown Los Angeles Business Improvement District at the address shown on City records. Assessment billed by the City Clerk are due 30 calendar days after the Statement of Assessment Due.

Sec 11. NOTICE, PROTESTS AND HEARING PROCEDURES. The City Clerk shall follow the notice, protest, and hearing procedures prescribed in the Proposition 218 Omnibus Implementation Act (California Government Code, Section 53750 et seq.).

Sec 12. PUBLIC HEARING. The City Council will hold a public hearing to determine whether to approve the Modified Historic Downtown Los Angeles Business Improvement District and levy assessment on , 2011, at 10 a.m., or as soon thereafter as Council business permits, and on any days for continued hearing as

3 ordered by the City Council, in the John Ferraro Council Chamber, Room 340, City Hall, 200 North Spring Street, Los Angeles, California 90012. At the hearing, all interested persons for or against the proposed modifications will be permitted to present written or oral testimony, and the City Council will consider all objections or protests to the proposed assessment and consider adopting an ordinance modifying the Historic Downtown Los Angeles Business Improvement District's Management District Plan.

Sec. 13. NOTICE OF RECORD OWNERS. The City Clerk shall give notice of the public hearing, in the manner specified in Government Code Section 53753, to the record owner of each parcel in the Modified Historic Downtown Los Angeles Business Improvement District subject to the levy of an assessment. The notice shall be given at least 45 days before the public hearing date and shall specify that the public hearing will be to determine whether the City Council will expand the District, create the Modified Historic Downtown Los Angeles Business Improvement District, and levy assessments. In addition, the City Clerk shall publish this ordinance in a newspaper of general circulation in the City of Los Angeles prior to the public hearing date.

Sec 14. TABULATION OF ASSESSMENT BALLOTS. At the conclusion of the public hearing on the Modified Historic Downtown Los Angeles Business Improvement District, the City Clerk shall tabulate all assessment ballots that have been submitted and not withdrawn. To be included in the tabulation, assessment ballots must be received by the City Clerk either at the address indicated in the notice required by Government Code Section 53753 or at the site of the public hearing prior to the conclusion of the public hearing. The City Clerk will certify the results of the tabulation to the City Council during its meeting on at 10:00 a.m., or as soon thereafter as City Council business permits, in the John Ferraro Council Chamber, Room 340, City Hall, 200 North Spring Street, Los Angeles, California 90012.

Sec. 15. MAJORITY PROTEST. The City Council will not modify the Management District Plan if there is a majority protest, and the currently established Historic Downtown Los Angeles Business Improvement District will remain in place. A majority protest will exist if, at the conclusion of the public hearing, the assessment ballots submitted, and not withdrawn, in opposition to the Modified Historic Downtown Los Angeles Business Improvement District exceed the assessment ballots submitted, and not withdrawn, in its favor, weighting those assessment ballots by the amount of the proposed assessments to be imposed upon the indentified parcel for which each assessment ballot was submitted.

Sec. 16 AMENDMENT TO ENABLING STATUE. The properties and businesses within the Modified Historic Downtown Los Angeles Business Improvement District modified by this Ordinance shall be subject to any amendments to the Property and Business Improvement District Law of 1994 (Division 18, Part 7, Streets and Highways Code, State of California).

4 Sec. 17. CERTIFICATION. The City Clerk shall certify to the passage of this ordinance and have it published in accordance with Council policy, either in a daily newspaper circulated in the City of Los Angeles or by posting for ten days in three public places in the City of Los Angeles: one copy on the bulletin board located at the Main Street entrance to the Los Angeles City Hall; one copy on the bulletin board located at the Main Street entrance to the Los Angeles City Hall East; and one copy on the bulletin board located at the Temple Street entrance to the Los Angeles County Hall of Records.

I hereby certify that this ordinance was passed by the Council of the City of Los Angeles, at its meeting of ______

JUNE LAGMAY, City Clerk

By ______Deputy

Approved ______

Mayor

Approved as to Form and Legality

CARMEN A TRUTANICH, City Attorney

By r1~ CHRtsf~IL\NO-HJURA Deputy City Attorney

Council File No. ___

5 HISTORIC DOWNTOWN L.A. BUSINESS IMPROVEMENT DISTRICT

uA Community & Business Parlnership"

July 13, 2011

Paul Makowski BID Analyst r-_: • Special Assessment Section .-- .. Office of the City Clerk 200 N Spring Street Los Angeles, CA 90012

Paul.

Thanks for your help with the HDBID expansion. We understand the complexity ofthe balloting process, especially when ballots were incorrectly filled out or not returned. We appreciate the assistance of the Office of City Clerk in moving fotward with a re-ballot with easier to understand information.

At the June 22, 2011 HDBID Board ofDirectors meeting, our board did vote unanimously to continue to support the expansion and to go back to public ballot.

Please use this letter as confirmation to restart that procedure and move to committee, City Council and public vote as quickly as possible.

Sincerely,

J. Russell Brown Executive Director Historic Downtown LA Business Improvement District

Historic Downtown LA Improvement District 114 West 5th Street LA, CA 90013 www.HDLABID.com [email protected] Office 213-488-1901 cell213-999-0379 fax 213-341-2382