City Council

DEPARTMENTAL REPORTS\nDR-1. HOUSING SERVICES & CDBG DEPARTMENT\nAdopt a Resolution authorizing the Los Angeles County Development Authority (LACDA) to\nissue bonds or notes in an amount not to exceed $26,276,000 received from the California\nDebt Limit Allocation Committee (CDLAC) for financing the acquisition, development, and\nconstruction of multifamily rental housing located in the City of Inglewood.\nRecommendation:\n​\n1. Adopt resolution; and\n2. Approve the Interlocal Cooperation agreement with the County of Los Angeles\nthrough LACDA to permit the County to enter into this agreement to join or\ncooperate with one another in the exercise jointly, or otherwise, of any or all of\ntheir powers for financing a multifamily rental housing development.\nDocuments:\nDR-1.PDF\nDR-2. PUBLIC WORKS DEPARTMENT\nStaff report recommending the Mayor and Council Members approve Funding Agreement\n(FA) No. 9200000000M460206, Amendment No. 1, between the Los Angeles County\nMetropolitan Transportation Authority and the City of Inglewood (Grantee) to approve minor\nchanges to the scope of work and to extend the lapse date of FY 2021-22 and FY 2023-24\nfunds to June 30, 2027.\nRecommendation:\n​\n1. Approve Funding Agreement (FA) No. 9200000000M460206, Amendment No. 1.\nDocuments:\nDR-2.PDF