Los Angeles
City Council
Agenda Item 6
(6)\n18-0553-S2\nCD 6\nPUBLIC WORKS COMMITTEE REPORT relative to issuing a\nrevocable permit to ICON Panorama for commencing construction in\nthe public right-of-way at 14665-14697 West Roscoe Boulevard, 83008406 North Cedros Avenue, and 8321-8413 North Tobias Avenue.\nRecommendation for Council action, pursuant to Motion (Padilla –\nBlumenfield):\nAUTHORIZE the Bureau of Engineering (BOE) to issue a revocable\npermit to ICON Panorama, or designee, subject to the satisfaction of\nthe conditions for issuing such permit, to close, fence, occupy,\ndemolish, excavate, and commence construction of permanent\nimprovements in the public right-of-way along portions of Lots 118132 (west of Cedros Avenue) and Lots 73-79 (east of the ICON\nPanorama site), corresponding to the pending recordation of the final\ntract map for this site, based on the approved Vesting Tentative Tract\nMap No. 74315 at 14665-14697 West Roscoe Boulevard, 8300-8406\nNorth Cedros Avenue, and 8321-8413 North Tobias Avenue. The\npermit will be conditioned on ICON Panorama, or its designee,\nconducting the following:\na. Posting a bond or other financial guarantee, in an amount\ndetermined by the BOE, sufficient to restore the alley and all\naffected public improvements to their current condition should\nthe development fail to record the final tract map or otherwise\nnot be completed.\nb. Submitting and obtaining approval from the Bureau of Street\nServices and the Department of Transportation of an alley\nclosure plan.\nFiscal Impact Statement: Neither the City Administrative Officer nor\nthe Chief Legislative Analyst has completed a financial analysis of this\nreport.