Los Angeles
City Council
Agenda Item 53
(53)\n26-0527\nMOTION (YAROSLAVSKY - SOTO-MARTINEZ) relative to funding for\nmaintenance and improvement programs.\nRecommendations for Council action, SUBJECT TO THE APPROVAL\nOF THE MAYOR:\n1. ALLOCATE up to $20,000 from the Business Improvement\nDistrict Trust Fund No. 659 (CF:96-0482), subject to terms and\nconditions as described in the City's BID Policy documents, to\nbe used for professional consulting services required to\nadminister the BID, including but not limited to the following\nservices: design and conduct interviews with business and\nproperty owners; organize meetings with relevant stakeholders;\ncreate a nonprofit service provider, as necessary; and generally\ncoordinate the entire process for establishment of the proposed\nMiracle Mile Business Improvement District.\n2. AUTHORIZE the City Clerk to accept funding in the amount of\n$20,000 from County Supervisor Holly Mitchell (SD-2), $10,000\nfrom Jade Enterprises, $10,000 from CIM Group, $10,000 from\nOnyx Tower LLC (c/o Michael Hakim, Managing Member) and\n$10,000 from Au Zone Investments #2, LP as additional funds\nfor the consultant study.\n3. AUTHORIZE the City Clerk to issue a Request for Proposals for\nthe hiring of a consultant, and to prepare, execute, and\nadminister a contract between the City and the selected\nconsultant, subject to the approval of the City Attorney as to\nform and legality, in an amount not to exceed $80,000 for\nconsultant activities required to establish the proposed Miracle\nMile Business Improvement District.\n4. AUTHORIZE the City Clerk to make any technical corrections to\neffectuate the intent of this Motion.