Meeting_Body
PLANNING AND PROGRAMMING COMMITTEE
MARCH 16, 2016
Subject/Action
SUBJECT: 1ST AND SOTO JOINT DEVELOPMENT PROJECT
ACTION: AUTHORIZE EXECUTION OF EXCLUSIVE NEGOTIATING AGREEMENT
Heading
RECOMMENDATION
Title
AUTHORIZE Chief Executive Officer (CEO) to execute an Exclusive Negotiating Agreement (ENA) with East Los Angeles Community Corporation (ELACC) and Bridge Housing for properties at 1st and Soto, for 18 months, with an option to extend up to 30 months.
Issue
ISSUE
At the November 2015 board meeting of the Planning and Programming Committee, the joint development team was authorized to extend for six months the "Short Term" Exclusive Negotiating Agreement ("Short Term ENA") with Bridge/ELACC for property at 1st and Soto (the "Site") in order to continue the community outreach process for a proposed mixed-use affordable housing project on the Site. Since November, the community outreach process has been comprehensive and successful. On December 3, 2015, the Boyle Heights Neighborhood Council (BHNC) approved having the project move forward and enter into an ENA with Metro.
Discussion
DISCUSSION
Background
In December 2013 the Joint Development team issued separate Requests for Proposals ("RFPs") for three Metro-owned sites in Boyle Heights. The 1st and Soto site was one of the three, and the Board authorized a "Short Term" ENA with the Bridge/ELACC team in March 2015. Since that time, and in cooperation with Abode communities (Developer for a nearby Metro-owned site), BRIDGE/ELACC and Metro Joint Development staff have conducted extensive outreach through a series of community meetings, workshops and focus groups. They have also met with individual stakeholder groups. Below is an outline of activities:
1. An Affordable Housing Workshop 101 was held on May 7, 2015 at Casa del Mexicano in Boyle Heights. Over 200 members of the community attended the workshop;
2. A series of focus group meetings were held between June 16 and June 23...
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