Los Angeles
City Council
(53) 26-0527
MOTION (YAROSLAVSKY - SOTO-MARTINEZ) relative to funding for
maintenance and improvement programs.
Recommendations for Council action, SUBJECT TO THE APPROVAL
OF THE MAYOR:
1. ALLOCATE up to $20,000 from the Business Improvement
District Trust Fund No. 659 (CF:96-0482), subject to terms and
conditions as described in the City's BID Policy documents, to
be used for professional consulting services required to
administer the BID, including but not limited to the following
services: design and conduct interviews with business and
property owners; organize meetings with relevant stakeholders;
create a nonprofit service provider, as necessary; and generally
coordinate the entire process for establishment of the proposed
Miracle Mile Business Improvement District.
2. AUTHORIZE the City Clerk to accept funding in the amount of
$20,000 from County Supervisor Holly Mitchell (SD-2), $10,000
from Jade Enterprises, $10,000 from CIM Group, $10,000 from
Onyx Tower LLC (c/o Michael Hakim, Managing Member) and
$10,000 from Au Zone Investments #2, LP as additional funds
for the consultant study.
3. AUTHORIZE the City Clerk to issue a Request for Proposals for
the hiring of a consultant, and to prepare, execute, and
administer a contract between the City and the selected
consultant, subject to the approval of the City Attorney as to
form and legality, in an amount not to exceed $80,000 for
consultant activities required to establish the proposed Miracle
Mile Business Improvement District.
4. AUTHORIZE the City Clerk to make any technical corrections to
effectuate the intent of this Motion.