Los Angeles

City Council

May 01, 2024 Item #16

Agenda Item 16

(16) 12­0005­S130 CD 9 COMMUNICATION FROM THE LOS ANGELES HOUSING DEPARTMENT (LAHD) and RESOLUTION relative to removing the property at 265 East 45th Street (Case No. 730139), Assessor I.D. No. 5109­011­054, from the Rent Escrow Account Program (REAP). Recommendation for Council action: APPROVE the LAHD report recommendation dated April 22, 2024, attached to the Council file, and ADOPT the accompanying RESOLUTION removing the property at 265 East 45th Street (Case No. 730139), Assessor I.D. No. 5109­011­054, from the REAP. Wednesday - May 1, 2024 - PAGE 14 CD 9 COMMUNICATION FROM THE LOS ANGELES HOUSING DEPARTMENT (LAHD) and RESOLUTION relative to removing the property at 265 East 45th Street (Case No. 730139), Assessor I.D. No. 5109­011­054, from the Rent Escrow Account Program (REAP). Recommendation for Council action: APPROVE the LAHD report recommendation dated April 22, 2024, attached to the Council file, and ADOPT the accompanying RESOLUTION removing the property at 265 East 45th Street (Case No. 730139), Assessor I.D. No. 5109­011­054, from the REAP. Fiscal Impact Statement: None submitted by the LAHD. Neither the City Administrative Officer nor the Chief Legislative Analyst has completed a financial analysis of this report.