DOCSLIB.ORG

~1\ D 1,1\ N This Cover Page of the Official Statement Contains Information for Quick Reference Only

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
~1\ D 1,1\ N This Cover Page of the Official Statement Contains Information for Quick Reference Only of- 011./ NEW ISSUE - BOOK-ENTRY ONLY INSURED Ratings TAXABLE(FEDERAL) S&P,AA TAX-EXEMPT (STATE OF CALIFORNIA) Fitch: AA See "Ratings" herein. In the opinion of Rubinson & Pearman LLP, Bond Counsel, under existing law, interest on the Series O Bonds is exempt from personal income taxes of the State of California. Bond Counsel expresses no opinion as to the exclusion from gross income for federal incorne tax purposes of interest on the Series O Bonds or regarding any other federal tax consequence relating tu the accrual or receipt of interest on the Series O Bonds. See "TAX MATTERS" herein. COMMUNITY REDEVELOPMENT FINANCING AUTHORITY OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF LOS ANGELES, CALIFORNIA $8,000,000 POOLED FINANCING BONDS, SERIES O (TAXABLE) (Broadway/Manchester, Crenshaw/Slauson, Laurel Canyon and Watts Project Areas) Dated: Date of Delivery Due: September 1, as shown on the inside cover hereof The Pooled Financing Bonds, Series O (Taxable) (Broadway/Manchester, Crenshaw/Slauson, Laurel Canyon and Watts Project Areas) (herein referred to as the "Bonds" or "Series O Bonds") will be issued by the Community Redevelopment Financing Authority of The Community Redevelopment Agency of the City of Los Angeles, California (the "Authority"). The Bonds are being issued pursuant to an Indenture (as hereinafter defined, the "Indenture"), dated as of June 1, 2007, by and between the Authority and U.S. Bank National Association, Los Angeles, California, as trustee (the "Trustee"). The proceeds of sale of the Bonds will be used by the Authority to make loans to the Agency pursuant to four separate loan agreements, one for each of the following four project areas, in the following amounts (i) the Broadway/Manchester Recovery Redevelopment Project, in the amount of $1,500,000; (ii) the Crenshaw/ 1 Slauson Recovery Redevelopment Project, in the amount of $:1,000,000; (iii) Earthquake Disaster Assistance Project for the Laurel Canyon Commercial Corridor, in the amount of $2,000,000; and (iv) the Watts Redevelopment Project No. 1, in the amount of $1,500,000 (as further defined herein, collectively the "Loans" and "Loan Agreements"). The proceeds of the Loans will be used by the Agency to finance and refinance improvements within the respective Project Areas named above (each, a "Project Area" and together, the "Project Areas"), to fund separate Reserve Accounts for the Loans of each Project Area and to pay the costs of issuance of the Bonds and the Loans. The Bonds will be issued in book-entry only form and will be initially registered in the name of Cede & Co., as registered owner and nominee for The Depository Trust Company, New York, New York ("DTC"). Purchases of beneficial interests in the Bonds will be made in book-entry form only in denominations of$5,000 and any integral multiple thereof. Purchasers of beneficial interests will not receive certificates from the Authority or the Trustee (defined below) representing their interests in the Bonds ..Payments of principal and interest on the Bonds will be made directly to OTC or its nominee, Cede & Co., so long as D'l'C or Cede & Co. is the registered owner of the Bonds. Upon receipt of payments of such principal and interest, OTC is oblig11ted to remit such principal and interest to the participants in OTC for subsequent disbursement to the beneficial owners of the Bonds. See "THE BONDS- OTC and the Book-Entry Only System" herein. Interest on the Bonds will be payable on March 1 and September 1 of each year (the "Interest Payment Dates"), commencing March 1, 2008. Principal and redemption premiums, if any, on the Bonds shall be payable upon the surrender thereof at maturity or the earlier redemption thereof at the principal corporate trust office of the Trustee and shall be paid in lawful money of the United States of America. See "THE BONDS" herein. The Bonds are subject to optional and mandatory redemption prior to their respective stated maturity dates as described herein. The Bonds are payable from and secured by a pledge of and first lien on the Revenues, comprised of all principal, interest and redemption premiums, if any, paid by the Agency under the Loan A!:,'Teements (as defined herein) to the Trustee, and moneys and investment earnings thereon held by the Trustee in certain funds and accounts under the Indenture. Each Loan is payable from and secured by a pledge of and first lien on the Pledged Tax Revenues of the applicable Project Area, which consist of a portion of all taxes levied upon all taxable property and allocated to the Agency from said Project Area, and are payable from certain specified funds and accounts held under the applicable Loan Agreement. Each Loan is payable from the pledged Tax Revenues of the applicable Project Area on a parity with any outstanding Parity Debt of the Agency for the Project Area and any Parity Debt subsequently issued by the Agency for said Project Area. Each Loan is separately issued and separately secured under its related Loan Agreement which pertains exclusively to the Loan of said Project Area (each, a "Loan Agreement"), and the related Tax Revenues (as hereinafter defined). See "SECURITY FOR THE BONDS" herein. The Bonds are payable solely from the Revenues and other funds as provided in the Indenture. The Authority is not liable, and the credit of the Authority is not pledged, for the payment of the interest and premiums (if any) on or principal of the Bonds. The Owners of the Bonds shall never have the right to compel the forfeiture of any property of the Authority except the Revenues and other funds pledged to the payment of the Bonds as provided in the Indenture. The principal of and interest on the Bonds, and any premiums upon the redemption of any thereof, shall not be a legal or equitable pledge, charge. lien or encumbrance upon any property of the Authority or upon any of its income, receipts or revenues except the Revenues and other funds pledged to the payment thereof as provided in the Indenture. The Loans are limited obligations of the Agency payable, as to interest thereon and principal thereof, from the Pledged Tax Revenues of the applicable Project Area, and the Agency is not obligated to pay the principal and interest thereon except from the Pledged Tax Revenues of the applicable Project Area. The Loans are not a debt of the City of Los Angeles, the State of California or any of its political subdivisions, and neither said City, said State nor any of its political subdivisions (other than the Agency, to the extent set forth herein) is liable therefor, nor in any event shall the Loans be payable out of any funds or properties other than those of the Agency to the extent set forth herein. The Loans do not constitute an indebtedness within the meaning of any constitutional or statutory limitation or restriction, and neither the members of the Agency nor any persons executing the Loans are liable personally on the Loans by reason of their issuance. Payment of principal of and interest on the Bonds will be insured in accordance with the terms of a Financial Guaranty Insurance Policy to be issued simultaneously with the delivery of the Bonds by RADIAN ASSET ASSURANCE INC. See "FINANCIAL GUARANTY INSURANCE" and APPENDIX G-"SPECIMEN RADIAN FINANCIAL GUARANTY INSURANCE POLICY" herein. Radian A"et Asmrance Inc ~1\ D 1,1\ N This cover page of the Official Statement contains information for quick reference only. It is not a complete summary of the Bonds. Investors should read the entire Official Statement to obtain information essential to the making of an informed investment decision. Attention is hereby directed to certain Risk Factors more fully described herein. The Bonds are offered when, as and if issued and accepted by the Underwriters, subject to the approval a.<1 to validity of Robinson & Pearman LLP, Los Angeles, California, Bond Counsel. Certain legal matters will be passed un for the Authority and the Agency by Rock a rd J. Delgadillo, City Attorniry of the City of Los Angeles, California, and by The Law O{fi.ces of Elizabeth C. Green, Los Angeles, California, Disclosure Counsel. It is anticipated that the Bonds will be available for defivery in definitive form on ur about June 28, 2007. First Albany Capital Inc. Backstrom McCarley Berry & Co., LLC Dated: June 19, 2007. • ' # '1 • I', _,11 • [THIS PAGE INTENTIONALLY LEFT BLANK] - Rulemaking Board (and with the appropriate State information depository, if any). A form of the Continuing Disclosure Agreement for the Bonds is set forth in APPENDIX D hereto. The Authority and the Agency will enter into the Continuing Disclosure Agreement in order to assist the Underwriters in complying with Securities and Exchange Commission Rule 15c2-12(b)(5). The Authority and the Agency have never failed to comply, in all material respects, with an undertaking pursuant to said Rule to provide annual reports or notices of material events. Further Information This Official Statement speaks only as of its date and the information contained herein is subject to change. The Bonds will be payable from the Revenues, derived from the Pledged Tax Revenues of the respective Project Area and from certain limited funds held by the Trustee under the Indenture. The Crenshaw/Slauson Loan and the Laurel Canyon Loan are each payable from their respective Pledged Tax Revenues on a parity with certain outstanding Parity Debt for those Project Areas (as further defined herein, the "Outstanding Parity Debt") See "SECURITY FOR THE BONDS-Outstanding Parity Debt" herein. See "SECURITY FOR THE BONDS" herein for a discussion of the sources of funds available for payment of principal of and interest on the Bonds.
Load more

Recommended publications
  • Planning the Future of Leimert Park Village Inside This Issue
    VILLAGE CORRIDOR NEWSLETTER 4th Quarter 2016 Inside this Issue Planning the Future of Leimert Park Planning the Future of Leimert Village Park Kaiser Permanente Baldwin Hills- Crenshaw Tops it Off Public Hearing on Sidewalk Vend- ing Pan African Film Festival Cele- brates 25 Years Michelle’s Country Diner Opens Kingdom Day Parade The Leimert Park Village 20/20 Vision Initiative held a planning charrette on Satur- day, January 7. Issues ranging from homelessness to driverless cars on People’s Street Plaza were discussed. The Empowerment Congress West Area Neighborhood Advisory Board Development Council held their Town Hall Meeting during the charrette. Bakewell Company The Leimert Park Village 20/20 Vision Initiative, an alliance of business owners, resi- Representative dents, artists and other stakeholders, held its third planning charrette on Saturday, January 7, inside the Vision Theatre. The purpose of the half-day planning session was Baldwin Hills Crenshaw Plaza to discuss a range of issues, challenges and opportunities facing Leimert Park Village. Representative The Empowerment Congress West Area (ECWA) Neighborhood Development Council Ben Caldwell Town Hall Meeting took place during the charrette. Established in 2002, ECWA is one of 96 certified neighborhood councils in the City of Los Angeles created to facilitate Fred Calloway discussion about public policy at the community level. Leimert Park is one of several Allan DiCastro communities served by ECWA. “Taking Care of Our Own,” an in depth discussion about the homeless in Leimert Park, Curtis Fralin immediately followed the ECWA Town Hall meeting. Roland Wiley, principal partner Paul L. Guidry, M.D. at RAW International Architecture gave the opening prayer followed by introductions from Leimert Park Village Stakeholders co-chairs Clint Rosemond and Johnnie Raines, Lydia Hart III.
    [Show full text]
  • Case 17-12906-CSS Doc 451 Filed 02/19/18 Page 1 of 21
    Case 17-12906-CSS Doc 451 Filed 02/19/18 Page 1 of 21 Case 17-12906-CSS Doc 451 Filed 02/19/18 Page 2 of 21 Case 17-12906-CSS Doc 451 Filed 02/19/18 Page 3 of 21 Charming Charlie Holdings Inc. - Service List to e-mail Recipients Served 2/16/2018 BALLARD SPAHR LLP BALLARD SPAHR LLP BALLARD SPAHR LLP DAVID L. POLLACK DUSTIN P. BRANCH LAUREL D. ROGLEN [email protected] [email protected] [email protected] BALLARD SPAHR LLP BALLARD SPAHR LLP BENESCH, FRIEDLANDER, COPLAN & ARONOFF LLP LESLIE HEILMAN MATTHEW SUMMERS JENNIFER HOOVER [email protected] [email protected] [email protected] BENESCH, FRIEDLANDER, COPLAN & ARONOFF LLP BEWLEY, LASSLEBEN & MILLER, LLP BLANK ROME LLP KEVIN CAPUZZI ERNIE PARK JOSEF MINTZ [email protected] [email protected] [email protected] BURR & FORMAN LLP BURR & FORMAN LLP BURR & FORMAN LLP J. CORY FALGOWSKI JOE JOSEPH REGAN LOPER [email protected] [email protected] [email protected] CLARK HILL PLC CLARK HILL PLC CONNOLLY GALLAGHER LLP DAVID M. BLAU KAREN M. GRIVNER KAREN BIFFERATO [email protected] [email protected] [email protected] CONNOLLY GALLAGHER LLP COOLEY LLP COOLEY LLP KELLY CONLAN CATHY HERSHCOPF EVAN LAZEROWITZ [email protected] [email protected] [email protected] COOLEY LLP COOLEY LLP DUANE MORRIS LLP MICHAEL KLEIN SETH VAN AALTEN JARRET HITCHINGS [email protected] [email protected] [email protected] FROST BROWN TODD LLC FROST BROWN TODD LLC GGP LIMITED PARTNERSHIP, AS AGENT A.J. WEBB RONALD E. GOLD KRISTEN N. PATE [email protected] [email protected] [email protected] HINCKLEY ALLEN JOHNSON DELUCA KURISKY & GOULD P.C.
    [Show full text]
  • Crenshaw Guidebook
    ANGELS WALK® LA ANGELS WALK CRENSHAW ADVISORS + FRIENDS SPECIAL THANKS SELF-GUIDED HISTORIC TRAILS CONTRIBUTORS Pamela Bakewell, Los Angeles Sentinel LOS ANGELES MAYOR ERIC GARCETTI Erin Aubry Kaplan, Historian & Writer Taelor Bakewell, Los Angeles Sentinel CITY COUNCIL OF THE CITY OF LOS ANGELES Larry Aubry, Consultant Robin Blair, Senior Director of Operations Support, Metro CITY COUNCIL PRESIDENT HERB WESSON, CD10 DeAndra Blake, West Angeles Church Joyce Perkins, Consultant COUNCILMEMBER MARQUEECE HARRIS-DAWSON, CD8 Spencer Green, Researcher & Contributing Writer Lady Mae Blake, West Angeles Church 20/20 VISION INITIATIVE Walter Urie, Photographer Ben Caldwell, 20/20 Vision Initiative / KAOS Network GREATER LEIMERT PARK VILLAGE CRENSHAW CORRIDOR Kenny Hoff, Photographer Ferdy Chan, Bureau of Street Services BUSINESS IMPROVEMENT DISTRICT Danielle Sumida, Proofreader Gregory Church, Mt. Calvary Church Rogerio Carvaheiro, Stanchion Design Wanita Church, Mt. Calvary Church Lane+Lane, Inc., Graphic Design Adilia Clerk, Bureau of Street Services SUPPORTERS Dale Davis, Brockman Gallery ANGELS WALK LA Sherri Franklin, 20/20 Vision Initiative / Urban Design Center Bureau of Street Services, City of Los Angeles Terri Garst, Los Angeles Public Library Department of Transportation, City of Los Angeles HONORARY CHAIRMAN Matilde Guiza-Leimert, Leimert Company Los Angeles County Metropolitan Transportation Nick Patsaouras Hans Gutknecht, Photographer Authority (Metro) President, Polis Builders LTD Cliff Hall, LA Sentinel Photographer Board of Directors Jamie Hendricks, Japanese American National Museum BOARD Eric Garcetti, Mayor, City of Los Angeles Rochelle Holoman, Holoman Family Archive Deanna Molloy, Founder & Board Chair Sheila Kuehl, Los Angeles County Supervisor Richard Kiwan, Retired LAUSD Teacher Courtney Lam, Metro James Butts, City of Inglewood Mayor Stanley Schneider, C.P.A.
    [Show full text]
  • Summary and Index of Community Benefit Agreements
    Summary and Index of Community Benefit Agreements The Public Law Center 6329 Freret Street, Suite 130 New Orleans, LA 70118 United States of America Phone: 1-504-862-8850 FAX: 1-504-862-8851 e-mail: [email protected] This Summary and Index of Community Benefit Agreements was prepared for a CBA Symposium held on May 10, 2011, entitled “Win-Win-Win: The Advantages of CBA’s for the Community, Developers, and You!” We gratefully acknowledge the work of Daniel J. LaSalle, who compiled research and wrote the CBA summaries in this document during his tenure with The Public Law Center. Mr. LaSalle also provided valuable assistance in organizing the CBA Symposium. Copies of this document as well as other CBA resources can be found on the website for The Public Law Center: http://www.law.tulane.edu/plc/. See the link for “Services to the Community.” © 2011 The Public Law Center 1 Thank you for taking an interest in community benefits agreements (CBAs). CBAs are legally enforceable contracts between a developer (i.e. a private business), the local government, and community organizations and residents. This publication by The Public Law Center is meant to provide summaries of successfully implemented CBAs across the nation. This report is not meant to detail the nature and purpose of CBAs or discuss the pros and cons of CBAs. If you are interested in these topics, please see Appendix I and II at the end of this report. However, we will provide some of the basics of CBAs below so that you may better understand the information presented in this report: 1) In order for a private business to begin a development in a city, the business must often receive zoning permission from the local government (usually a city council).
    [Show full text]
  • For Sale Or Lease
    AUTHENTIC CREATIVE DESIGN FOR SALE OR LEASE BRAD FELD CHRIS BECK ALEX BERGESON 213.596.2266 // [email protected] 213.596.2225 // [email protected] 213.596.2240 // [email protected] PREMIER LOCATION steps from HIGH Metro’s Expo/Crenshaw Station DIVISIBLE INTO THREE DISTINCT SPACES LIGHTS ±13,000 SF | ±8,500 SF | ±8,190 SF 29,690 TOTAL SF BUILDING / FLOOR RSF Building 1 ±13,000 ABUNDANT LIGHT from oversized sawtooth skylights and oversized windows Building 2/1st ±8,500 Building 2/2nd ±8,190 Total ±29,690 PURCHASE PRICE AUTHENTIC, CREATIVE INTERIORS with TBD polished concrete floors, spiral ducting, LEASE RATE and large operable bay doors $3.75 to $4.00 / SF per Mo. / NNN TERM 5-10 years LARGE COLUMN-FREE AREAS with open galley kitchen area, conference rooms, TENANT IMPROVEMENTS and new restrooms Negotiable PARKING 53 Spaces / $100 per space/mo. TWO CONNECTED BUILDINGS One, two-story brick building with exposed steel OCCUPANCY beams; One, one-story building with high volume, Immediate 14-foot, exposed wood bow-truss ceilings NEWMARK KNIGHT FRANK CREATIVE DESIGN Best-in-Class Creative Office Conversion Building NEWMARK KNIGHT FRANK 3317-25 Exposition Blvd, LA, CA NEWMARK KNIGHT FRANK 3317-25 Exposition Blvd, LA, CA 1ST FLOOR 2ND FLOOR BUILDING 1 - ±13,000 SF BUILDING 2 - ±8,190 SF BUILDING 2 - ±8,500 SF NEWMARK KNIGHT FRANK PARKING PLAN 53 29 SPACES TOTAL SPACES 9 SPACES 15 ADDITIONAL STRIPED SPACES NEWMARK KNIGHT FRANK 3317-25 Exposition Blvd, LA, CA NEIGHBORHOOD CRENSHAW / LAX LINE 3317 EXPOSITION PL OUTDOOR SPACE PARKING EXPO LINE NEWMARK KNIGHT FRANK 3317-25 Exposition Blvd, LA, CA DTLA LA LIVE & STAPLES CENTER USC COLISEUM & BANC OF CALIFORNIA STADIUM UP-AND-COMING A surge of companies and highly skilled young professionals are expected to enter the area in anticipation of the proposed high- profile developments.
    [Show full text]
  • Housing, Community &
    Community Redevelopment Agency of the CITY OF LOS ANGELES CRA/LA Building communities with jobs & housing DATE I DEC 18 2008 FILE CODE I 354 South Spring Street I Suite 800 T 213 977 1600 IF 213 977 1665 Los Angeles I California 90013-1258 www.crala.org CRA File No. Bq$ Council District: CD8 Contact Person: Alvin jenkins (213) 977-2640 Honorable Council of the City of Los Angeles John Ferraro Council Chamber 200 N. Spring Street Room 340, City Hall Los Angeles, CA. 90012 Attention: Alan Alietti, Office of the City Clerk COUNCIL TRANSMITTAL: Transmitted herewith, is a Board Memorandum adopted by the Agency Board on 12/18/08, for City Council review and approval in accordance with the "Community Redevelopment Agency Oversight Ordinance" entitled: VARIOUS ACTIONS RELATED TO: EXPENDITURE OF UP TO $1,000,000 FROM CRA/LA LAND ACQUISITION FUND FOR ACQUISITION-RELATED EXPENSES FOR MARLTON SQUARE RETAIL AREA PROPERTIES, LOCATED IN SANTA BARBARA PLAZA IN THE AMENDED CRENSHAW REDEVELOPMENT PROJECT AREA SOUTH LOS ANGELES REGION (CD8) RECOMMENDATION That City Council approve(s) recommendation(s) on the attached Board Memorandum. E.NVIRONMENTAL REVIEW The recommended action does not constitute a project as defined by the California Environmental Quality Act ("CEQA"). Development of all properties within the retail area of the Marlton Square Project were included in the proposed Marlton Square Development Initial Study and Mitigated Negative Declaration, which was adopted by the Board on August 1, 2002. FISCAL IMPACT STATEMENT There is no fiscal impact to the City's General Fund, as a result of this action.
    [Show full text]
  • A Closer Look at Neighborhood-Based Economic
    A Closer Look at Neighborhood-Based Economic Development in Los Angeles This report was produced by Public Counsel and several neighborhood-based nonprofit organizations in Los Angeles with two goals in mind: (1) to reflect on what redevelopment investments have meant for selected neighborhoods in Los Angeles; and (2) to inform the creation of new economic development vehicles in Los Angeles. We do not attempt to describe every aspect of redevelopment in Los Angeles, but instead focus on the agency’s successes in fostering economic growth in specific neighborhoods. This report would not have been possible without the support and guidance of Ruth Teague. Even while valiantly fighting cancer, Ruth inspired all of us to come together and draft a collective story about the impact of neighborhood development on people and communities most in need. She was a tireless champion for community development, friend, mentor, and inspiration to many. Authors Public Counsel Law Center with Coalition for Responsible Community Development Community Build, Inc. East LA Community Corporation Esperanza Community Housing Corporation Hollywood Community Housing Corporation Korean Resource Center Koreatown Immigrant Workers Alliance (KIWA) Koreatown Youth and Community Center Little Tokyo Service Center Southeast Asian Community Alliance Skid Row Housing Trust SRO Housing Corporation T.R.U.S.T. South LA WARD Economic Development Corporation West Angeles Community Development Corporation Women Organizing Resources Knowledge & Services (WORKS) Acknowledgments The authors are grateful to Asian Pacific American Legal Center for contributing the excellent maps and tables. The authors thank Corporation for Supportive Housing, Enterprise Community Partners, and Local Initiatives Support Corporation (LISC) for their crucial support over the years of neighborhood-based organizations like ours who are actively fighting to put the “community” back into community development.
    [Show full text]
  • Communication To: Los Angeles City Council File No
    COMMUNICATION TO: LOS ANGELES CITY COUNCIL FILE NO. 11-0354-S2 FROM: COUNCILMEMBER HERB WESSON, CHAIR HOUSING, COMMUNITY AND ECONOMIC DEVELOPMENT COMMITTEE COMMUNICATION FROM CHAIR, HOUSING, COMMUNITY AND ECONOMIC DEVELOPMENT COMMITTEE relative to funding CRA activities in the South Los Angeles region and Watts. Recommendations for Council action, as initiated by Motion (Parks - Hahn): 1. INSTRUCT the Chief Legislative Analyst (CLA) to work with the Community Development Department (CDD) and the Community Redevelopment Agency (CRA) to ensure that the policy and intent to fund the South Los Angeles Region and Watts as part of the Cooperation Agreement between the City and the CRA (Council file No. 11-0086) is not adversely impacted as a result of the transfer of properties to the City. 2. INSTRUCT the CLA, City Administrative Officer (CAO), CDD and CRA to immediately identify approximately $2.5 million in Community Development Block Grant or other resources to continue to support the CRA's operations and projects in the South Los Angeles Project Areas and Watts during Fiscal Year 2011-12 and to ensure that there are sufficient resources to continue the South Los Angeles work program delivery, as budgeted, through the end of Fiscal Year 2010-11 and in future years. 3. DIRECT the CLA and CAO, with the assistance of the CDD and the CRA, to report to the City Council and report directly to Council Districts Eight and 15, within 15 days regarding a plan to support the CRA's operations and projects in the South Los Angeles Project Areas and Watts during Fiscal Year 2011-12 and the feasibility of using PY 37 Program Income from the properties that were transferred to the City by the CRA (Council file No.
    [Show full text]
  • South Los Angeles
    INITIATIVES Issued: January 2008 south los angeles a five-year strategic plan CALENDAR YEARS 2008-2012 A Collaborative Strategic Vision of: Antonio R. Villaraigosa, Mayor of Los Angeles Bernard C. Parks, Eighth District Councilmember Jan Perry, Ninth District Councilmember Herb J. Wesson, Jr., Tenth District Councilmember Janice Hahn, Fifteenth District Councilmember fff a five-year strategic plan CALENDAR YEARS 2008-2012 south los angeles INITIATIVES Introduction ..............................................................................................6 Preface..........................................................................................................7 Acknowledgements ................................................................................8 Leaders of the City of Los Angeles ............................................................9 Definitions ..........................................................................................11 Our Mission................................................................................................13 Our Vision..................................................................................................13 Values We Cherish ..............................................................................................14 1 The Challenges, the Future and the Path Forward (pages 15-19) Our Current Challenges ......................................................................................15 The Future..........................................................................................................16
    [Show full text]
  • CRENSHAW BOULEVARD, CRENSHAW BOULEVARD LOS ANGELES, CA 90043 Leimert Park Metro Stration Rendering
    Development opportunity of a 20,642 SF lot zoned C2-2D-SP in a Tier 4 TOC area located in a Qualified Opportunity Zone just 0.1 miles from the new Leimert Park Metro Station. Baldwin Hills Crenshaw Plaza Development Vision Theatre Leimert Park Station Leimert (2020) Park Plaza W. VERNON AVENUE 4421-4429 CRENSHAW BOULEVARD, CRENSHAW BOULEVARD LOS ANGELES, CA 90043 Leimert Park Metro Stration Rendering CONFIDENTIALITY AND DISCLAIMER The information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Marcus & Millichap and should not be made available to any other person or entity without the written consent of Marcus & Millichap. This Marketing Brochure has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Marcus & Millichap has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable; however, Marcus & Millichap has not verified, and will not verify, any of the information contained herein, nor has Marcus & Millichap conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided.
    [Show full text]
  • Chapter 11 ) CHARMING CHARLIE HOLDINGS INC., Et Al.,1 ) Case No
    Case 17-12906-CSS Doc 578 Filed 04/02/18 Page 1 of 214 IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE ) In re: ) Chapter 11 ) CHARMING CHARLIE HOLDINGS INC., et al.,1 ) Case No. 17-12906 (CSS) ) ) Debtors. ) (Jointly Administered) ) AMENDED SUPPLEMENT TO THE FOURTH AMENDED JOINT CHAPTER 11 PLAN OF REORGANIZATION OF CHARMING CHARLIE HOLDINGS INC. AND ITS DEBTOR AFFILIATES PURSUANT TO CHAPTER 11 OF THE BANKRUPTCY CODE PLEASE TAKE NOTICE that the above-captioned debtors and debtors in possession (collectively, the “Debtors”) hereby file this amendment to the plan supplement (this “Amended Plan Supplement”) in support of the Fourth Amended Joint Chapter 11 Plan of Reorganization of Charming Charlie Holdings Inc. And Its Debtor Affiliates Pursuant to Chapter 11 of the Bankruptcy Code [Docket No. 564] (as amended or modified from time to time and including all exhibits and supplements thereto, the “Plan”),2 filed in these chapter 11 cases on March 29, 2018. PLEASE TAKE FURTHER NOTICE that this Amended Plan Supplement includes the current drafts of the following documents (certain of which documents continue to be negotiated between the Debtors and the Consenting Lenders), as may be modified, amended, or supplemented from time to time in accordance with the Plan: • Exhibit B Assumed Executory Contract/Unexpired Lease List • Exhibit B-1 A comparison showing changes to the Assumed Executory Contract/Unexpired Lease List filed on March 5, 2018. • Exhibit C Rejected Executory Contract/Unexpired Lease List • Exhibit C-1 A comparison showing changes to the Rejected Executory Contract/Unexpired Lease List filed on March 5, 2018.
    [Show full text]
  • Community Benefits Agreements Making Development Projects Accountable
    Community Benefits CommunityAgreements Benefits Agreements Making Development Projects Accountable by Julian Gross Legal Director, California Partnership for Working Families with Greg LeRoy of Good Jobs First and Madeline Janis-Aparicio of LAANE published by Good Jobs First and the California Partnership for Working Families, a collaboration of the Center on Policy Initiatives, the East Bay Alliance for a Sustainable Economy, the Los Angeles Alliance for a New Economy, and Working Partnerships USA. © Copyright 2005 Good Jobs First and the California Partnership for Working Families. All Rights Reserved. Community Benefits Agreements Making Development Projects Accountable by Julian Gross Legal Director, California Partnership for Working Families with Greg LeRoy of Good Jobs First and Madeline Janis-Aparicio of LAANE published by Good Jobs First and the California Partnership for Working Families, a collaboration of the Center on Policy Initiatives, the East Bay Alliance for a Sustainable Economy, the Los Angeles Alliance for a New Economy, and Working Partnerships USA. © Copyright 2005 Good Jobs First and the California Partnership for Working Families. All Rights Reserved. Good Jobs First The organizations that founded the California Partnership for Working Families are: Good Jobs First is a national resource center pro- moting corporate and government accountability Center on Policy Initiatives (CPI) in economic development. GJF provides research, 3727 Camino del Rio South, Suite 100, training, model publications, consulting, and testi- mony to grassroots groups and public officials San Diego, CA 92108 seeking to ensure that subsidized businesses pro- 619-584-5744 vide family-wage jobs and other effective results. [email protected] Good Jobs First is also active in the smart growth www.onlinecpi.org movement, bringing development subsidies and labor unions into the suburban sprawl/smart East Bay Alliance for a Sustainable growth debate.
    [Show full text]