Los Angeles

City Council

February 07, 2024 Item #6

Agenda Item 6

(6) 21-1070 CD 4 GOVERNMENT OPERATIONS COMMITTEE REPORT relative to negotiating and executing a lease agreement between the City and LYCEE International de Los Angeles (LILA) to continue to operate a bilingual education program on City property at 4155 Russell Avenue in Council District 4. Recommendation for Council action: AUTHORIZE the Department of General Services (GSD) to negotiate and execute a lease agreement between the City and LILA, to continue to operate a bilingual education program on City property at 4155 Russell Avenue under the terms and conditions substantially outlined in the Municipal Facilities Committee report dated December 21, 2023, attached to the Council file. Fiscal Impact Statement: The MFC reports that rent receivables in the amount of $318,000 annually will be deposited into GSD's Revenue Source Code 4931, Lease and Rental of City Properties.