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Minutes of the Regular Meeting of the Cra/La, A MINUTES OF THE REGULAR MEETING OF THE CRA/LA, A DESIGNATED LOCAL AUTHORITY (SUCCESSOR TO THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF LOS ANGELES, CALIFORNIA) HELD ON OCTOBER 4, 2018 The Regular Meeting of the CRA/LA, a Designated Local Authority and Successor to the Community Redevelopment Agency of the City of Los Angeles, California was held at the Kenneth Hahn Hall of Administration, 500 West Temple Street, Room 372, Los Angeles, California, at 9:30 a.m. on October 4, 2018. The meeting was called to order at 9:38 a.m. by Chair Semcken. As Recording Secretary, Martha Arana recorded the minutes of the meeting. Copies of meeting materials are available upon request and payment of nominal copying charges. Tapes of the meeting are available from CRA/LA for one year from the date of adoption of the minutes for the meeting. ROLL CALL Martha Arana, Recording Secretary, took the roll and noted the following present: Mee Semcken, Chair Ed P. Reyes, Vice Chair Recording Secretary declared a quorum in attendance. Also in attendance were: Steve Valenzuela, Chief Executive Officer, CRA/LA Daniel Kahn, Sr. Real Estate Development Agent, CRA/LA Tom Webber, CRA/LA Legal Counsel (Goldfarb & Lipman) CONSENT ITEMS 1. APPROVAL OF SEPTEMBER 6, 2018 REGULAR MEETING MINUTES. 2. SUCCESSOR AGENCY ADMINISTRATION. AMEND CONTRACTS WITH GOLDFARB & LIPMAN, LLP; CARDE TEN ARCHITECTS; AND, MERIDIAN CONSULTANTS, LLC TO FULFILL REQUIRED SERVICES TO THE SUCCESSOR AGENCY. 3. SENATOR HOTEL. APPROVAL OF RELOCATION PLAN FOR THE SENATOR HOTEL LOCATED AT 729 S. SPRING STREET, IN CONFORMANCE WITH THE WIGGINS SETTLEMENT AGREEMENT. 4. GRAND AVENUE PROJECT. APPROVAL OF PARKING MANAGEMENT PLAN FOR PHASE I1 IMPROVEMENTS TO BE DEVELOPED ON COUNTY-OWNED PARCEL Q IN THE BUNKER HILL PROJECT AREA. Vice Chair Reyes made a motion, seconded by Chair Semcken, to approve Item Nos. l, 2, 3, and 4. BOARD MEMBERS REYES & SEMCKEN APPROVED ITEM NOS. 1, 2, 3, and 4. ACTION ITEM (REQUIRES OVERSIGHT BOARD APPROVAL) 5. CALIFORNIA PLAZA RECIPROCAL EASEMENT AGREEMENT. APPROVE CHANGES TO COMMON AREA/ENTERTAINMENT CENTER AT CALIFORNIA PLAZA IN THE BUNKER HILL PROJECT AREA. Steve Valenzuela, Chief Executive Officer, presented the recommendation regarding proposed private investments in the Common Area/Entertainment Center at California Plaza. Mr. Valenzuela noted that the Water Court area was constructed as a part of the Two California Plaza phase in the early 1990s. The Water Court is a significant open space amenity, an entertainment venue used by Grand Performances, and its maintenance is subject to a Reciprocal Easement Agreement (REA) among the property owners who share operational responsibilities for all common areas at California Plaza. The owners of the Omni Hotel, One California Plaza, Two California Plaza, and the CRA/LA are parties to the REA. John Adams, Managing Principal, Gensler, made a brief presentation on the stakeholder outreach and design of the proposed changes to the Water Court area. Tyson Strutzberg, Chief Operating Officer, Rising Realty Partners, added that construction would commence in the first quarter of 2019 consisting of a six-month construction project through the summer of 2019. Member of the public, John Welborne, representing the Angels Flight Foundation, spoke in support of the recommendation. Vice Chair Reyes made a motion, seconded by Chair Semcken, to approve Item No. 5. BOARD MEMBERS REYES & SEMCKEN APPROVED Item No. 5. 6. PROPERTIES RETAINED FOR FUTURE DEVELOPMENT. APPROVAL OF 18-MONTH EXTENSION TO OPTION AGREEMENT WITH THE CITY OF LOS ANGELES FOR THE CRA/LA-OWNED PROPERTY MANAGEMENT PLAN ASSET ID NO. 168. Daniel Kahn, Sr. Real Estate Development Agent, presented the City’s request for an 18-month extension to the Option Agreement. The extension will allow the City’s selected development team sufficient time to complete the required environmental clearance, entitlement and due diligence process. If approved, the Option Agreement would expire in January of 2021, bringing the total term of the Option Agreement to six years. John Wickham, Office of the Chief Legislative Office, addressed the Governing Board and stated that the existing Bunker Hill program environmental impact report no longer adequately captures changes to traffic counts. Chair Semcken advised the City to review the entitlement processing schedule and return with a revised extension request. Milena Zasachien, Department of City Planning, also addressed the Board and responded to questions. Member of the public, James Pugh, on behalf of Angels Landing Partners, and Shawn Kuk, Office of Councilmember Huizar, also addressed the CRA/LA Governing Board. By Common Consent, there being no objection, the CRA/LA Governing Board tabled the item to the next regular meeting. CHIEF EXECUTIVE OFFICER’S REPORT 7. CHIEF EXECUTIVE OFFICER' S REPORT Mr. Valenzuela reported the following: LOS ANGELES COUNTY THIRD DISTRICT CONSOLIDATED OVERSIGHT BOARD • On September 24, 2018, the Los Angeles County Third District Consolidate Oversight Board approved the Disposition and Development Agreement with Summitrose Investment, LP., the Purchase and Sale Agreement with the City of Los Angeles for the Reseda Theater and Canby property, and the Amendment to the Bond Expenditure Agreement, Bond Spending Plan for the Reseda/Canoga Park Redevelopment Project Area. DEPARTMENT OF FINANCE • CRA/LA staff is responding to questions and awaiting determination letters on the three Oversight Board actions. PUBLIC COMMENT 8. Speaker’s form must be filled out and submitted to the Recording Secretary prior to the beginning of Public Comment. Each speaker is limited to two (2) minutes unless a time extension is allowed. Members of the public may address any item of interest within the subject matter jurisdiction of the Board. There was none. 9. ADJOURNMENT The meeting adjourned at 10:39 a.m. ______________________ Martha Arana Recording Secretary .
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