City Council

(54) 23-1307 CD 14 CONTINUED CONSIDERATION OF COMMUNICATION FROM THE MUNICIPAL FACILITIES COMMITTEE (MFC) relative to a proposed license agreement amendment for office space with Industrious LA 444 South Flower Street, LLC (Industrious LA), and for parking space and services with CVFI-444 S Flower, LP for City departments previously located at the Garland Building, for the property located at 444 South Flower Street in Council District 14. Recommendations for Council action: 1. AUTHORIZE the Department of General Services (GSD) to: a. Negotiate and execute a license agreement amendment with Industrious LA for temporary co-working office space at 444 South Flower Street under the terms and conditions as substantially outlined in the December 16, 2024 MFC report, attached to the Council file. b. Negotiate and execute a license agreement amendment with CVFI- 444 S Flower, LP for monthly parking services at 444 South Flower Street under the current terms and conditions. 2. INSTRUCT the GSD to implement Scenario D with a modified Seat Reduction Plan to allot 12 seats for the Personnel Department and 110 seats for the Economic and Workforce Department. As authorized under the proposed lease terms, the seat reduction plan will be implemented after the initial 90 days of the new term. Fiscal Impact Statement: The MFC reports that there is no General Fund impact. Funding for this purpose is authorized as part of the 2024-25 Citywide Leasing Account budget.