File #: 2022-0585   
Type: Program Status: Passed
File created: 8/25/2022 In control: Planning and Programming Committee
On agenda: 11/16/2022 Final action: 12/1/2022
Title: CONSIDER: A. AUTHORIZING the Chief Executive Officer to execute an Option Agreement with East Los Angeles Community Corporation (Developer or ELACC) for the ground lease of Metro-owned property at 2400 E. 1st Street in Boyle Heights (Project Site); B. ADOPTING findings that the Peabody Werden House (Project) restoration and rehabilitation is categorically exempt from the California Environmental Quality Act, Cal. Pub. Res. Code ?? 21000 et seq. (CEQA) pursuant to Section 21084 of the California Public Resource Code and the following sections of the CEQA Guidelines, each of which provides separate and independent bases for exemption: (i) Sections 15301(d), (n), and (p) (existing facilities); (ii) Section 15302(c) (replacement or reconstruction of existing facilities involving negligible or no expansion of capacity); (iii) Section 15325(e) (transfers of ownership in the land to preserve existing natural conditions and historical resources); and (iv) Section 15332 (in-fill development ...
Indexes: 1St/Soto Jd (Project), Boyle Heights, Budgeting, California Environmental Quality Act, California Surplus Land Act, Central Los Angeles subregion, Construction, Exclusive Negotiation Agreement, Housing, Joint development, Joint Development Agreement, Maps, Metro Rail L Line, Outreach, Procurement, Program, Project, Property Agreement, Rehabilitation (Maintenance), Safety, Soto Station, Westside/Central Service Sector
Attachments: 1. Attachment A - Site Map, 2. Attachment B - Term Sheet, 3. Presentation
Meeting_Body
PLANNING AND PROGRAMMING COMMITTEE
NOVEMBER 16, 2022

Subject
SUBJECT: PEABODY WERDEN HOUSE LEASE OPTION AGREEMENT

Action
ACTION: APPROVE RECOMMENDATIONS

Heading
RECOMMENDATION
Title
CONSIDER:

A. AUTHORIZING the Chief Executive Officer to execute an Option Agreement with East Los Angeles Community Corporation (Developer or ELACC) for the ground lease of Metro-owned property at 2400 E. 1st Street in Boyle Heights (Project Site);

B. ADOPTING findings that the Peabody Werden House (Project) restoration and rehabilitation is categorically exempt from the California Environmental Quality Act, Cal. Pub. Res. Code ?? 21000 et seq. (CEQA) pursuant to Section 21084 of the California Public Resource Code and the following sections of the CEQA Guidelines, each of which provides separate and independent bases for exemption: (i) Sections 15301(d), (n), and (p) (existing facilities); (ii) Section 15302(c) (replacement or reconstruction of existing facilities involving negligible or no expansion of capacity); (iii) Section 15325(e) (transfers of ownership in the land to preserve existing natural conditions and historical resources); and (iv) Section 15332 (in-fill development projects); and

C. AUTHORIZING the Chief Executive Officer to file a Notice of Exemption for the Project consistent with such exemptions.

Issue
ISSUE
In 2016, the Board of Directors authorized Metro staff to execute an Exclusive Negotiation Agreement and Planning Document (ENA) with ELACC and their development partner, Bridge Housing Corporation (Bridge), in support of a Joint Development project located adjacent to the 1st and Soto L (Gold) Line Station. Among other things, the ENA contemplated the restoration of an 1890's Victorian house commonly known as the Peabody Werden House (House) for community serving purposes sited on a portion of the Metro-owned joint development site located at 2400 E. 1st Street in Boyle Heights (Site B or the Project Site).
ELACC and Metro ...

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