City Council

(29) 23-0074 CD 14 NEIGHBORHOODS AND COMMUNITY ENRICHMENT COMMITTEE REPORT relative to the grant award from the State of California, Department of Parks and Recreation, for the Sixth Street Viaduct Park, Arts, River and Connectivity Improvements (PARC) Project. Recommendations for Council action, SUBJECT TO THE APPROVAL OF THE MAYOR: AUTHORIZE the Board of Public Works to award the PARC construction project (Project) based on the funding plan presented in the March 31, 2023, Proposition K - LA for Kids (Prop K) Steering Committee report, attached to the Council file. APPROVE the revised Project budget as described and as set forth in Attachment No. 2, and concur with the need for additional funding for the PARC Project as described in the March 31, 2023, Prop K Steering Committee report, attached to the Council file. DIRECT the City Administrative Officer (CAO) to coordinate a funding swap of $4.886 million in federalized local funds previously committed to the PARC Project but subsequently deemed ineligible, with another source of eligible funds for a local project in Council District 14 (CD 14), such as the Downtown LA Broadway Streetscape, and other local projects. INSTRUCT the CAO to coordinate with CD 14 to address the estimated funding shortfall of approximately $23.691 million for the Project, by coordinating the allocation of additional potential funds ($11.195 million), implementing the negotiated value engineering scope ($5.14 million), and coordinating requests for additional funds through grant opportunities and other funding sources ($7.356 million) needed for Project construction in the Fiscal Year 2024-2025 budget request, as described in the March 31, 2023 Prop K  Steering Committee report, attached to the Council file. REQUEST the Department of Recreation and Parks to apply for Measure A Funding to reallocate $950,436 from First and Broadway Park to the PARC Project and reallocate up to $859,178 in future Boyle Heights Measure A local return dollars to PARC Project.