City Council

(8) 14-1174-S97 CD 7 CONSIDERATION OF MOTION (RODRIGUEZ - PARK) relative to amending the Council action of June 28, 2023 regarding the Bond Expenditure Agreement between the City of Los Angeles and the CRA/LA regarding the Culinary Arts Mixed-Use Project (Council file No. 14-1174-S97), for the potential acquisition of property located at 13269 West San Fernando Road and associated parcels in Council District 7. Recommendation for Council action: AMEND the Council action of June 28, 2023 regarding the Bond Expenditure Agreement between the City of Los Angeles and the CRA/LA for the Culinary Arts Mixed-Use Project (Council file No. 14-1174-S97) to replace the action with the following: Instruct the Economic and Workforce Development Department (EWDD) to report to the CRA/LA Bond Oversight Committee with recommendations on acquiring the property located at 13269 West San Fernando Road and associated parcels; authorize the EWDD to negotiate a purchase and sale agreement to support a project that will be suitable for a commercial or mixed-use development under under the Lifestyle Center category in accordance with the CRA/LA Bond Expenditure Agreement and Bond Spending Plan (Contract No. C-125212); and, to report with necessary funding instructions to implement this action.