City Council

(8)\n17-0090-S23\nCDs 6, 8, 11, 15 CONTINUED\nCONSIDERATION OF HOUSING AND\nHOMELESSNESS COMMITTEE REPORT relative to decommitting\nfunding for the Hope on 6th Project located at 576 West 6th Street\nfrom the Proposition HHH (Prop HHH) Fiscal Year (FY) 2020-21\nProject Expenditure Plan (PEP), and increasing the Prop HHH\nuncommitted balance.\nRecommendations for Council action, SUBJECT TO THE APPROVAL\nOF THE MAYOR:\n1. APPROVE the decommitment of $6,040,000 for the Hope on\n6th Project located at 576 West 6th Street, San Pedro,\nCalifornia 90731, in Council District 15, from the Prop HHH FY\n2020-21 PEP.\n2. DIRECT the Los Angeles Housing Department to increase the\nProp HHH uncommitted balance by $6,040,000.\nFiscal Impact Statement: None submitted by the Prop HHH\nAdministrative Oversight Committee. Neither the City Administrative\nOfficer nor the Chief Legislative Analyst has completed a financial\nanalysis of this report.