LA County Board

24. Colburn School Lease Agreement\nRecommendation: Authorize the Chief Executive Officer to approve and execute\na proposed lease with the Colburn School, a California non-profit public benefit\ncorporation, for the use of approximately 36,000 sq ft County-owned surface\nparking lot (AP26), located at 120 South Olive Street in Los Angeles (1),\ncommonly referred to as W-2 Parcel, to facilitate the construction of a new\nperforming arts educational building with a public plaza (Colburn Project), with\nthe Colburn School to use the proposed lease area for construction staging,\nstorage, and related construction uses, as consideration for the proposed\nlease, with Colburn School to pay the County a flat fee of $37,440 per month\nfor the term, make certain improvements on the W-2 Parcel, prior to its\nsurrender back to the County, including the grading, repaving and restriping of\nall or a portion of AP26, installing a new drainage system, relocating electrical\nmeters, performing slope work, and other miscellaneous activities, as approved\nby the County, and assume maintenance responsibility for the slope and the\ndrainage system, pursuant to a revocable license; find that the proposed lease\nis exempt from the California Environmental Quality Act; and authorize the Chief\nExecutive Officer to take the following actions: 4-VOTES\nNegotiate, approve, execute, and/or grant any other consents or ancillary\ndocumentation, which are necessary to effectuate the proposed lease,\nand the activities permitted under the proposed lease, including without\nlimitation, improving the W-2 Parcel, and granting the Colburn School a\nlicense for maintenance of the slope and drainage system; and\nAt the end of the lease term, to either elect to have Colburn grade,\nrepave, and restripe all or a portion of AP26, at the County's direction,\nprior to its surrender to the County, or accept a cash payment to the\nCounty from the Colburn School as determined by then-current\nconstruction bids; and\nGrant approval for County and Court employees to temporarily avail a daily\nmaximum rate of $10 at AP14, the Music Center Parking Garage, to be\neffective only during the period when the Colburn School is undertaking the\ngrading, repaving, and restriping work of AP26 on the W-2 Parcel, with the $10\ndaily rate to align with the daily discounted employee rate currently applicable at\nAP26. (23-3476)\nAttachments: Board Letter\nPublic Comment/Correspondence