City Council

(56) 14-1174-S110 CD 15 EXEMPTIONS and CONSIDERATION OF MOTION (HERNANDEZ for McOSKER - LEE) relative to approving funds in taxable CRA/LA Excess Non-Housing Bond Proceeds available to Council District 15 from the Beacon Street Redevelopment Project Area for the San Pedro Gateway Sign Project Recommendations for Council action, pursuant to Motion (Hernandez for McOsker - Lee), SUBJECT TO THE APPROVAL OF THE MAYOR: 1. DETERMINE that the San Pedro Gateway Sign Project (Project) consisting of design, fabrication, and installation of a gateway sign, is statutorily exempt from provisions of the California Environmental Quality Act (CEQA) pursuant to State CEQA Guidelines Section 15273 and categorically exempt from State CEQA Guidelines Section 15303 / Class 3 (attached), and exempt under the City of Los Angeles CEQA Guidelines Article III, Categorical Exemptions, Class 11 - Accessory Structures. 2. APPROVE up to $20,000 in taxable CRA/LA Excess Non- Housing Bond Proceeds (EBP) available to Council District 15 from the Beacon Street Redevelopment Project Area to be utilized for the Project. 3. AUTHORIZE the Board of Public Works, Bureau of Engineering (BOE) to implement activities related to the Project. 4. DIRECT BOE to file the appropriate CEQA documentation with the Los Angeles County Clerk, if required, upon City Council approval. 5. DIRECT BOE to report on its work accomplishments to the City Administrative Officer and to fund expenditures to the Economic and Workforce Development Department (EWDD) on a quarterly and as needed basis. 6. AUTHORIZE the Controller, subject to the availability offunds, to: a. Transfer appropriations within the EBP Fund No. 57D/22 as follows: $20,000 FROM Account No. 22L9BT, Beacon Street Taxable TO Account No. 834/50/5742/574203, Work Order No. BR600544. b. Increase Fund No. 100/40 appropriations as follows: Appropriation Unit: [TBD] Account Name: [TBD] Amount: $20,000. c. Expend up to $20,000 from the EBP Fund No. 57D, Account No. 22C140 Beacon Street Taxable Series 2005- C, for activities related to the Project upon presentation ofproper documentation by the Department of General Services, and satisfactory review and approval of EWDD in accordance with the terms and conditions of the Bond Expenditure Agreemen (BEA). 7. AUTHORIZE the Interim General Manager of EWDD, or designee, to prepare Controller instructions and/or make technical adjustments that may be required and are consistent with this action, subject to the approval ofthe City Administrative Officer, and authorize the Controller to implement these instructions;