File #: 2017-0301   
Type: Agreement Status: Passed
File created: 5/1/2017 In control: Executive Management Committee
On agenda: 6/15/2017 Final action: 6/22/2017
Title: AUTHORIZE the Chief Executive Officer to execute an amendment to the Exclusive Negotiations and Planning Agreement with A Community of Friends to extend its term for an additional 24 months, for the joint development of Metro-owned property at 1st and Lorena Street along the Metro Gold Line Eastside Extension.
Sponsors: Planning and Programming Committee
Indexes: 1St/Lorena Jd (Project), Agreements, Boyle Heights, Budgeting, California Environmental Quality Act, Central Los Angeles subregion, City of Los Angeles, Exclusive Negotiation Agreement, Grant Aid, Housing, Joint development, Joint Development Agreement, Joint Development Policy, Maps, Metro Gold Line, Metro Gold Line Eastside Extension, Metro Rail E Line, Metro Rail L Line, Notice Of Determination, Project, Safety, San Fernando Valley subregion, South Bay Cities subregion, State Clearinghouse, Westside Cities subregion, Westside/Central Service Sector
Attachments: 1. Attachment A - Site Map, 2. Attachment B - Director's Determination, 3. Attachment C - Project Scope
Meeting_Body
EXECUTIVE MANAGEMENT COMMITTEE
JUNE 15, 2017

Subject
SUBJECT: 1ST AND LORENA JOINT DEVELOPMENT

Action
ACTION: AUTHORIZE AMENDMENT TO EXTEND EXISTING EXCLUSIVE NEGOTIATING AGREEMENT FOR 24 MONTHS

Heading
RECOMMENDATION

Title
AUTHORIZE the Chief Executive Officer to execute an amendment to the Exclusive Negotiations and Planning Agreement with A Community of Friends to extend its term for an additional 24 months, for the joint development of Metro-owned property at 1st and Lorena Street along the Metro Gold Line Eastside Extension.

Issue
ISSUE

In June 2016, the LACMTA Board of Directors (Board) authorized a 12-month extension to the Exclusive Negotiations and Planning Agreement (ENA) with A Community of Friends (ACOF) (Developer) for the development of a 49-unit mixed-use affordable housing project (Proposed Project) at 1st and Lorena Street (See Attachment A, Site Map). During this extension term, the Developer has diligently pursued and performed its obligations under the ENA and the proposed project was on track to proceed to the Joint Development Agreement (JDA) phase with Metro by the end of the 12-month extension term. However, in April 2016, a CEQA appeal was filed against the Proposed Project with the City of Los Angeles (City) by an adjacent property owner. After one year, the matter was heard before the City of Los Angeles Planning and Land Use Management (PLUM) Committee on May 16, 2017; however the Committee continued the matter. A date has not been set for when it will be heard again. In light of this appeal, the Developer has requested a one-year extension to the ENA. However, Metro staff believes that in order to have sufficient time to resolve the matter more time is necessary; therefore, staff recommends that the Board authorize an additional extension to the ENA term for a period of 24 months, and grant an exception to the JD Policy's term limit to allow a full ENA term for a period of 72 months.

Discussion
DISCUSS...

Click here for full text