City Council

(14) 15­1198­S2 CD 11 CATEGORICAL EXEMPTION and COMMUNICATION FROM THE BOARD OF AIRPORTS COMMISSIONERS (Board) relative to Board Resolution No. 27858 authorizing the Fifth Amendment to Concession Wednesday - May 29,and Agreement LAA­8562 Seventh 2024 - Amendment to Lease PAGE 13 Agreement LAA­8562­1 with Authorized Taxicab Supervision, Inc., for taxicab staging TIME LIMIT FILE ­ MAY 31, 2024 (LAST DAY FOR COUNCIL ACTION ­ MAY 31, 2024) (14) 15­1198­S2 CD 11 CATEGORICAL EXEMPTION and COMMUNICATION FROM THE BOARD OF AIRPORTS COMMISSIONERS (Board) relative to Board Resolution No. 27858 authorizing the Fifth Amendment to Concession Agreement LAA­8562 and Seventh Amendment to Lease Agreement LAA­8562­1 with Authorized Taxicab Supervision, Inc., for taxicab staging and management at Los Angeles International Airport. Recommendations for Council action: 1. ADOPT the determination by the Board that the proposed action is exempt from the California Environmental Quality Act (CEQA) pursuant to Article III, Class 1(18)(c) of the Los Angeles City CEQA Guidelines. 2. APPROVE the Fifth Amendment to Concession Agreement No. LAA­8562 and the Seventh Amendment to Ground Lease LAA­ 8562­1 with Authorized Taxicab Supervision Inc. to extend their respective terms by 1 year, with a 6 month extension option, covering taxicab staging and management at Los Angeles International Airport. 3. CONCUR with the Board’s action on December 7, 2023, by Resolution No. 27858, authorizing the Interim Chief Executive Officer, or designee, of Los Angeles World Airports to execute said Fifth Amendment to Concession Agreement LAA­8562 and Seventh Amendment to Ground Lease LAA­8562­1, both with Authorized Taxicab Supervision Inc. Fiscal Impact Statement: The City Administrative Officer reports that the LAWA estimates that the proposed Fifth Amendment to Concession Agreement LAA­8562 and Ground Lease 8562­1 with Authorized Taxicab Supervision, Inc. will provide up to $2.3 million in revenue from taxicab trips originating from LAX to LAWA Account 401060 – Bus Limousine and Taxi and approximately $706,000 in ground lease revenue to Account 400021 – Non­Aeronautical Land Rentals. The recommendations in this report comply with the Department’s Financial Policies. Approval of the proposed amendments will have no impact on the City’s General Fund.