Budget & Finance

(1)\n23-0792\nCD 1\nMunicipal Facilities Committee report relative to funding allocation, site acquisition, minor renovations, lease or similar agreement, and operation as temporary shelter of the property located at 1256 West 7th Street, and California Environmental Quality Act (CEQA) exemption determination that the project is statutorily exempt under Public Resources Code Section 21080(b)(4) as specific actions necessary to prevent or mitigate an emergency as also reflected in CEQA Guidelines Section 15269(c); and under Public Resources Code Section 21080.27 (AB 1197) applicable to City of Los Angeles emergency homeless shelters; and purchase and sale agreement and related agreements in connection with the purchase of property located at 1256 West 7th Street, commonly known as the Mayfair Hotel, in Council District 1 for use as interim housing; and related matters. (This item is referred to the Housing and Homelessness, Budget, Finance and Innovation, and Government Operations Committees)\nThe Committees may recess to Closed Session, pursuant to Government Code Section 54956.8, ADJOURN TO CLOSED SESSION: CONFERENCE WITH REAL PROPERTY NEGOTIATORS. Property Location: Real Property located at 1256 West 7th Street, Los Angeles, CA (APN: 5143-012-029). Agency Negotiator/Presenters: Amy Benson, Director, Real Estate Division, General Services Department; Melody McCormick, Assistant General Manager, General Services Department, Kenneth Stanberry, Assistant Director, General Services Department, Jenna Hornstock, Deputy Mayor of Housing, Office of the Mayor, Onno Zwaneveld, Executive Vice President, CBRE, Inc. Negotiating Parties: City of Los Angeles, Department of General Services, and Mayfair Lofts, LLC, a California Limited Liability Company. Under Negotiation: Price and terms of payment of purchase and sale agreement.