Los Angeles

City Council

February 25, 2025 Item #29

Agenda Item 29

(29) 24­1257 CD 14 CONTINUED CONSIDERATION OF MOTION (DE LEON ­ PADILLA) relative to amending the prior Council action of October 22, 2024, Council file No. (CF) 24­1257, to authorize a Los Angeles Housing Department (LAHD) service payback loan for the acquisition of four properties from the California Department of Transportation (Caltrans) for the Hogar Propio project in Council District 14 (CD 14). Recommendation for Council action, SUBJECT TO THE APPROVAL OF THE MAYOR: AMEND the Council action of October 22, 2024 relative to funding for the acquisition of four properties from the Caltrans for the Hogar Propio project in CD 14 (CF 24­1257), to revise Recommendation 3 as follows: 3. AUTHORIZE the General Manager, LAHD, or designee, to draft, negotiate, 25, 2025 loan, subject to the approval of the City Attorney as to form, and make any project in Council District 14 (CD 14). Recommendation for Council action, SUBJECT TO THE APPROVAL OF THE MAYOR: AMEND the Council action of October 22, 2024 relative to funding for the acquisition of four properties from the Caltrans for the Hogar Propio project in CD 14 (CF 24­1257), to revise Recommendation 3 as follows: 3. AUTHORIZE the General Manager, LAHD, or designee, to draft, negotiate, and execute loan documents a service payback loan, subject to the approval of the City Attorney as to form, and make any technical corrections to the fund transfer instructions, as necessary, to effectuate the intent of this Motion. (Continued from Council meeting of February 7, 2025)