LA County Board

1-D.\nGround Lease Term Extension for the Proposed Affordable Housing\nDevelopment for County-Owned Property\nRecommendation as Submitted by Supervisor Hahn: Reaffirm prior delegations\nof authority granted on August 30, 2022 to the Executive Director of the Los\nAngeles County Development Authority, to execute the ground lease, upon\nsatisfaction of the conditions set forth in the Option to Lease Agreement, with an\ninitial term of 75 years, with an option to extend it by an additional 20 years,\nand any other transaction documents consistent with, and/or necessary for, the\nimplementation of the foregoing approvals, including execution of any\namendments to the foregoing documents. Find that the proposed actions are\nnot a project pursuant to the California Environmental Quality Act. (Relates to\nAgenda No. 10) (25-4868)\nMotion by Supervisor Hahn (Exempt From Cluster)