City Council Meeting

Los Angeles City Council, Journal/Council Proceeding Tuesday, August 2, 2022 JOHN FERRARO COUNCIL CHAMBER ROOM 340, CITY HALL 200 NORTH SPRING STREET, LOS ANGELES, CA 90012 - 10:00 AM (For further details see Official Council Files) (For communications referred by the President see Referral Memorandum) Roll Call Members Present: Blumenfield, Bonin, Buscaino, de León, Koretz, Krekorian, Lee, Martinez, O'Farrell, Price, (10); Absent: Cedillo, Harris-Dawson, Raman, Rodriguez (4) Approval of the Minutes Commendatory Resolutions, Introductions and Presentations - SEE ATTACHED Multiple Agenda Item Comment Public Testimony of Non-agenda Items Within Jurisdiction of Council Items Noticed for Public Hearing - PUBLIC HEARING CLOSED (1) 22-0900-S14 CD 14 CONTINUED CONSIDERATION OF HEAR PROTESTS against the proposed improvement and maintenance of the Colorado Boulevard No. 3 Street Lighting District, in accordance with Sections 6.95-6.127 of the Los Angeles Administrative Code and Proposition 218. (Pursuant to Council adoption of Ordinance of Intention on March 8, 2022. The tabulation of ballots shall take place in Space 300 of 555 Ramirez Street on May 11, 2022 at 10 a.m. and will be publicly live- streamed. To access the live stream, join Zoom Meeting ID: 953 8628 4393, Passcode: prop218. Public announcement of the results from the tabulation of ballots and consideration of the Final Ordinance will take place at Council on May 31, 2022) (Continued from Council meeting of May 10, 2022) Tuesday - August 2, 2022 - PAGE 1  Adopted Item Ayes: Blumenfield, Bonin, Buscaino, Cedillo, de León, Harris-Dawson, Koretz, Krekorian, Lee, Martinez, O'Farrell, Price, Raman, Rodriguez (14); Nays: (0); Absent: (0) (2) 22-0900-S22 CD 13 HEAR PROTESTS against the proposed improvement and maintenance of the Sunset Boulevard and Maltman Avenue (Reballot) Street Lighting District, in accordance with Sections 6.95-6.127 of the Los Angeles Administrative Code and Proposition 218. (Pursuant to Council adoption of Ordinance of Intention on May 10, 2022. The tabulation of ballots shall take place in Space 300 of 555 Ramirez Street on August 3, 2022 at 10 a.m. and will be publicly live- streamed. To access the live stream, join Zoom Meeting ID: 953 8628 4393, Passcode: prop218. Public announcement of the results from the tabulation of ballots and consideration of the Final Ordinance will take place at Council on August 23, 2022) Adopted Item Ayes: Blumenfield, Bonin, Buscaino, Cedillo, de León, Harris-Dawson, Koretz, Krekorian, Lee, Martinez, O'Farrell, Price, Raman, Rodriguez (14); Nays: (0); Absent: (0) (3) 22-0900-S23 CD 14 HEAR PROTESTS against the proposed improvement and maintenance of the Wadena Street and Van Horne Avenue Street Lighting District, in accordance with Sections 6.95-6.127 of the Los Angeles Administrative Code and Proposition 218. (Pursuant to Council adoption of Ordinance of Intention on May 10, 2022. The tabulation of ballots shall take place in Space 300 of 555 Ramirez Street on August 3, 2022 at 10 a.m. and will be publicly live- streamed. To access the live stream, join Zoom Meeting ID: 953 8628 4393, Passcode: prop218. Public announcement of the results Tuesday - August 2, 2022 - PAGE 2  from the tabulation of ballots and consideration of the Final Ordinance will take place at Council on August 23, 2022) Adopted Item Ayes: Blumenfield, Bonin, Buscaino, Cedillo, de León, Harris-Dawson, Koretz, Krekorian, Lee, Martinez, O'Farrell, Price, Raman, Rodriguez (14); Nays: (0); Absent: (0) (4) 22-0900-S24 CD 11 HEAR PROTESTS against the proposed improvement and maintenance of the Barrington Avenue and Nebraska Avenue No. 4 Street Lighting District, in accordance with Sections 6.95-6.127 of the Los Angeles Administrative Code and Proposition 218. (Pursuant to Council adoption of Ordinance of Intention on May 10, 2022. The tabulation of ballots shall take place in Space 300 of 555 Ramirez Street on August 3, 2022 at 10 a.m. and will be publicly live- streamed. To access the live stream, join Zoom Meeting ID: 953 8628 4393, Passcode: prop218. Public announcement of the results from the tabulation of ballots and consideration of the Final Ordinance will take place at Council on August 23, 2022) Adopted Item Ayes: Blumenfield, Bonin, Buscaino, Cedillo, de León, Harris-Dawson, Koretz, Krekorian, Lee, Martinez, O'Farrell, Price, Raman, Rodriguez (14); Nays: (0); Absent: (0) (5) 22-0900-S25 CD 11 HEAR PROTESTS against the proposed improvement and maintenance of the Santa Monica Boulevard and Federal Avenue Street Lighting District, in accordance with Sections 6.95-6.127 of the Los Angeles Administrative Code and Proposition 218. (Pursuant to Council adoption of Ordinance of Intention on May 10, 2022. The tabulation of ballots shall take place in Space 300 of 555 Ramirez Street on August 3, 2022 at 10 a.m. and will be publicly live- streamed. To access the live stream, join Zoom Meeting ID: 953 Tuesday - August 2, 2022 - PAGE 3  8628 4393, Passcode: prop218. Public announcement of the results from the tabulation of ballots and consideration of the Final Ordinance will take place at Council on August 23, 2022) Adopted Item Ayes: Blumenfield, Bonin, Buscaino, Cedillo, de León, Harris-Dawson, Koretz, Krekorian, Lee, Martinez, O'Farrell, Price, Raman, Rodriguez (14); Nays: (0); Absent: (0) (6) 22-0900-S26 CD 11 HEAR PROTESTS against the proposed improvement and maintenance of the Barrington Avenue and Chenault Street No. 1 Street Lighting District, in accordance with Sections 6.95-6.127 of the Los Angeles Administrative Code and Proposition 218. (Pursuant to Council adoption of Ordinance of Intention on May 10, 2022. The tabulation of ballots shall take place in Space 300 of 555 Ramirez Street on August 3, 2022 at 10 a.m. and will be publicly live- streamed. To access the live stream, join Zoom Meeting ID: 953 8628 4393, Passcode: prop218. Public announcement of the results from the tabulation of ballots and consideration of the Final Ordinance will take place at Council on August 23, 2022) Adopted Item Ayes: Blumenfield, Bonin, Buscaino, Cedillo, de León, Harris-Dawson, Koretz, Krekorian, Lee, Martinez, O'Farrell, Price, Raman, Rodriguez (14); Nays: (0); Absent: (0) (7) 22-0900-S27 CD 4 HEAR PROTESTS against the proposed improvement and maintenance of the Sunset Drive and Myra Avenue Street Lighting District, in accordance with Sections 6.95-6.127 of the Los Angeles Administrative Code and Proposition 218. (Pursuant to Council adoption of Ordinance of Intention on May 10, 2022. The tabulation of ballots shall take place in Space 300 of 555 Ramirez Street on August 3, 2022 at 10 a.m. and will be publicly live- streamed. To access the live stream, join Zoom Meeting ID: 953 Tuesday - August 2, 2022 - PAGE 4  8628 4393, Passcode: prop218. Public announcement of the results from the tabulation of ballots and consideration of the Final Ordinance will take place at Council on August 23, 2022) Adopted Item Ayes: Blumenfield, Bonin, Buscaino, Cedillo, de León, Harris-Dawson, Koretz, Krekorian, Lee, Martinez, O'Farrell, Price, Raman, Rodriguez (14); Nays: (0); Absent: (0) (8) 22-0900-S28 CD 6 HEAR PROTESTS against the proposed improvement and maintenance of the Sheldon Street and Sharp Avenue No. 1 Street Lighting District, in accordance with Sections 6.95-6.127 of the Los Angeles Administrative Code and Proposition 218. (Pursuant to Council adoption of Ordinance of Intention on May 10, 2022. The tabulation of ballots shall take place in Space 300 of 555 Ramirez Street on August 3, 2022 at 10 a.m. and will be publicly live- streamed. To access the live stream, join Zoom Meeting ID: 953 8628 4393, Passcode: prop218. Public announcement of the results from the tabulation of ballots and consideration of the Final Ordinance will take place at Council on August 23, 2022) Adopted Item Ayes: Blumenfield, Bonin, Buscaino, Cedillo, de León, Harris-Dawson, Koretz, Krekorian, Lee, Martinez, O'Farrell, Price, Raman, Rodriguez (14); Nays: (0); Absent: (0) (9) 22-0737 CD 13 HEARING COMMENTS relative to an Application for Determination of Public Convenience or Necessity for the sale of alcoholic beverages for off- site consumption at Lifefood Mosaic, Inc., located at 1507 North Cahuenga Boulevard. Recommendations for Council action: 1. DETERMINE that the issuance of a liquor license at Lifefood Organic Marketplace, located at 1507 North Cahuenga Boulevard, will serve the Public Convenience or Necessity and will not tend to create a law enforcement problem. Tuesday - August 2, 2022 - PAGE 5  2. GRANT the Application for Determination of Public Convenience or Necessity for the sale of alcoholic beverages for off-site consumption at Lifefood Organic Marketplace, located at 1507 North Cahuenga Boulevard. 3. INSTRUCT the City Clerk to transmit this determination to the State Department of Alcoholic Beverage Control as required findings under Business and Professions Code Section 23958.4. Applicant: Lifefood Mosaic, Inc. Representative: Brett Engstrom - LiquorLicense.com TIME LIMIT FILE - SEPTEMBER 19, 2022 (LAST DAY FOR COUNCIL ACTION - SEPTEMBER 16, 2022) Adopted Item Ayes: Blumenfield, Bonin, Buscaino, Cedillo, de León, Harris-Dawson, Koretz, Krekorian, Lee, Martinez, O'Farrell, Price, Raman, Rodriguez (14); Nays: (0); Absent: (0) (10) 22-0857 CD 3 MOTION (BLUMENFIELD - BONIN) and RESOLUTION relative to the issuance of bonds for the acquisition, development, improvement, and equipping of the Canoga Apartments located at 7019-7047 Canoga Avenue in Council District 3. Recommendations for Council action, SUBJECT TO THE APPROVAL OF THE MAYOR: 1. HOLD a Tax Equity and Fiscal Responsibility Act of 1982 (TEFRA) hearing at the City Council meeting to be held on Tuesday, August 2, 2022. 2. ADOPT the accompanying TEFRA RESOLUTION, attached to the Council file, to allow the California Municipal Finance Authority to issue bonds in an amount not to exceed $82,000,000 to to provide acquisition, development, improvement, and equipping of a 220-unit Tuesday - August 2, 2022 - PAGE 6  multifamily housing project called the Canoga Apartments located at 7019-7047 Canoga Avenue in Council District 3. Adopted Item Ayes: Blumenfield, Bonin, Buscaino, Cedillo, de León, Harris-Dawson, Koretz, Krekorian, Lee, Martinez, O'Farrell, Price, Raman, Rodriguez (14); Nays: (0); Absent: (0) (11) 22-0855 CD 3 MOTION (BLUMENFILED - BONIN) and RESOLUTION relative to the issuance of revenue bonds or notes for the acquisition, development, improvement, and equipping of the Topanga Canyon Apartments located at 7334 Topanga Canyon Boulevard in Council District 3. Recommendations for Council action, SUBJECT TO THE APPROVAL OF THE MAYOR: 1. HOLD a Tax Equity and Fiscal Responsibility Act of 1982 (TEFRA) Hearing at the City Council meeting to be held on Tuesday, August 2, 2022. 2. ADOPT the accompanying TEFRA RESOLUTION, attached to the Council file, to allow the California Municipal Finance Authority to issue bonds in an amount not to exceed $55,908,224 for the acquisition, development, improvement, and equipping of a 149-unit multifamily rental housing project known as Topanga Canyon Apartments located at 7334 Topanga Canyon Boulevard in Council District 3. Adopted Item Ayes: Blumenfield, Bonin, Buscaino, Cedillo, de León, Harris-Dawson, Koretz, Krekorian, Lee, Martinez, O'Farrell, Price, Raman, Rodriguez (14); Nays: (0); Absent: (0) (12) 22-0867 CD 2 MOTION (KREKORIAN - MARTINEZ) and RESOLUTION relative to the issuance of revenue bonds or notes for the acquisition, development, Tuesday - August 2, 2022 - PAGE 7  improvement, and equipping of a 26-unit multifamily housing project located at 5633 North Farmdale Avenue in Council District 2. Recommendations for Council action, SUBJECT TO THE APPROVAL OF THE MAYOR: 1. HOLD a Tax Equity and Fiscal Responsibility Act of 1982 (TEFRA) Hearing at the City Council meeting to be held on Tuesday, August 2, 2022. 2. ADOPT the accompanying TEFRA RESOLUTION, attached to the Council file, to allow the California Municipal Finance Authority to issue bonds in an amount not to exceed $14,525,740 to provide financing for the acquisition, development, improvement, and equipping of a 26-unit multifamily housing project located at 5633 North Farmdale Avenue in Council District 2. Adopted Item Ayes: Blumenfield, Bonin, Buscaino, Cedillo, de León, Harris-Dawson, Koretz, Krekorian, Lee, Martinez, O'Farrell, Price, Raman, Rodriguez (14); Nays: (0); Absent: (0) (13) 22-0868 CD 6 MOTION (MARTINEZ - KORETZ) and RESOLUTION relative to the issuance of revenue bonds or notes for the acquisition, development, improvement, and equipping of a 332-unit multifamily housing project known as Vose Apartments located at 14431 Vose Street in Council District 6. Recommendations for Council action, SUBJECT TO THE APPROVAL OF THE MAYOR: 1. HOLD a Tax Equity and Fiscal Responsibility Act of 1982 (TEFRA) Hearing at the City Council meeting to be held on Tuesday, August 2, 2022. 2. ADOPT the accompanying TEFRA RESOLUTION, attached to the Council file, to allow the California Municipal Finance Authority to issue bonds in an amount not to exceed $144,000,000 to provide financing for the acquisition, development, improvement, and equipping of a Tuesday - August 2, 2022 - PAGE 8  332-unit multifamily housing project located at 14431 Vose Street in Council District 6. Adopted Item Ayes: Blumenfield, Bonin, Buscaino, Cedillo, de León, Harris-Dawson, Koretz, Krekorian, Lee, Martinez, O'Farrell, Price, Raman, Rodriguez (14); Nays: (0); Absent: (0) Items for which Public Hearings Have Been Held (14) 20-1376-S1 COMMUNICATIONS FROM CITY ATTORNEY and ORDINANCES relative to amending Section 41.18 of the Los Angeles Municipal Code (LAMC) to make it unlawful for a person to sit, lie, or sleep, or to store, use, maintain, or place personal property near schools and daycare centers; and to amend Section 56.11 of the LAMC to align it with Section 41.18 and to remove references to “Bulky Items”. A. COMMUNICATION FROM CITY ATTORNEY AND ORDINANCE FIRST CONSIDERATION Recommendation for Council action, SUBJECT TO THE APPROVAL OF THE MAYOR: PRESENT and ADOPT the accompanying ORDINANCE, dated June 24 *27, 2022, relative to amending Section 41.18 of the LAMC to make it unlawful for a person to sit, lie, or sleep, or to store, use, maintain, or place personal property near schools and daycare centers, and to amend LAMC Section 56.11 to align it with Section 41.18 and to remove references to “Bulky Items". (Homelessness and Poverty Committee waived consideration of the above matter) B. COMMUNICATION FROM CITY ATTORNEY AND ORDINANCE SECOND CONSIDERATION Recommendation for Council action, SUBJECT TO THE APPROVAL OF THE MAYOR: PRESENT and ADOPT the accompanying ORDINANCE, dated June 24 *27, 2022, relative to amending Section 41.18 of the LAMC to make it unlawful for a person to sit, lie, or sleep, or to store, use, maintain, *Journal Correction Tuesday - August 2, 2022 - PAGE 9  or place personal property near schools and daycare centers, and to amend LAMC Section 56.11 to align it with Section 41.18 and to remove references to “Bulky Items"; which provides that the radius (500 feet in most instances and 1,000 feet around homeless services facilities) for any prohibition under LAMC Section 41.18 extends to the end of any block if a portion of a block falls within the radius, as recommended by the Homelessness and Poverty Committee on June 23, 2022. (Homelessness and Poverty Committee waived consideration of the above matter) Community Impact Statement: None submitted (Communication from the City Attorney adopted in Council meeting of July 1, 2022) (Continued from Council meeting of July 27, 2022) Council adopted Motion (De Leon - Rodriguez) - SEE ATTACHED to, “Adopt the Communication from City Attorney and Ordinance A; Ordinance A held over for second reading to August 9, 2022; Council Received and Filed Ordinance B.” Ayes: Blumenfield, Buscaino, Cedillo, de León, Koretz, Krekorian, Lee, Martinez, O'Farrell, Price, Rodriguez (11); Nays: Bonin, Harris-Dawson, Raman (3); Absent: (0) Items for which Public Hearings Have Not Been Held - (10 Votes Required for Consideration) (15) 18-0510-S2 CD 11 CONTINUED CONSIDERATION OF MOTION (BONIN - DE LEON) and COMMUNICATION FROM THE BUREAU OF ENGINEERING relative to lease extensions for continued use of the Crisis and Bridge Housing project at 100 East Sunset Avenue and California Environmental Quality Act (CEQA) exemption determination that, consistent with the Notices of Exemption already in the Council File (CF) (CF Nos. 18-0510-S2 and 18-0510) and prior court rulings, the project is statutorily exempt under Public Resources Code Section 21080(b)(4) as specific action necessary to prevent or mitigate an emergency as also reflected in CEQA Guideline Section 15269(c); and under Public Resources Code Section 21080.27 (AB 1197) applicable to City of Los Angeles emergency homeless shelters. Recommendations for Council action: Tuesday - August 2, 2022 - PAGE 10  1. DETERMINE that, consistent with the Notices of Exemption already in the CF (CF Nos. 18-0510-S2 and 18-0510), the Crisis and Bridge Housing project at 100 East Sunset Avenue, which allows for the lease and use of the property as an existing temporary shelter for those experiencing homelessness, is statutorily exempt from CEQA under Public Resources Code Section 21080(b)(4), as a specific action necessary to prevent or mitigate an emergency as also reflected in CEQA Guideline Section 15269(c); and Public Resources Code section 21080.27 (AB 1197), applicable to City of Los Angeles emergency homeless shelters, consistent with, and supported by, the City Council's prior actions and resolution approving constructing, leasing, and using this shelter and determining its exemption from CEQA on December 11, 2018, and November 5, 2019 (CF No. 18-0510) and prior court rulings upholding its exemption from CEQA (LASC No. 19STCP00044/629, Dec. 12, 2019). 2. AUTHORIZE the Department of General Services (GSD) to negotiate and execute a new or amend an existing lease agreement with the Metro for the site at 100 East Sunset Avenue in Council District 11, for use as a crisis and bridge facility. 3. AUTHORIZE the GSD to negotiate and execute a sublease agreement with PATH for the A Bridge Home site at 100 East Sunset Avenue in Council District 11. Community Impact Statement: None submitted (Information, Technology, and General Services Committee waived consideration of the above matter) (Continued from Council meeting of June 28, 2022) Adopted Item Ayes: Blumenfield, Bonin, Buscaino, Cedillo, de León, Harris-Dawson, Koretz, Krekorian, Lee, Martinez, O'Farrell, Price, Raman, Rodriguez (14); Nays: (0); Absent: (0) (16) 14-0916 COMMUNICATION FROM THE MAYOR relative to the reappointment of Patricia Williams to the Disabled Access Appeals Commission. Tuesday - August 2, 2022 - PAGE 11  Recommendation for Council action: RESOLVE that the Mayor's reappointment of Ms. Patricia Williams to the Disabled Access Appeals Commission for the term ending June 30, 2027 is APPROVED and CONFIRMED. Ms. Williams resides in Council District 1. (Current composition: M = 2; F = 3) Financial Disclosure Statement: Pending Community Impact Statement: None submitted TIME LIMIT FILE - AUGUST 5, 2022 (LAST DAY FOR COUNCIL ACTION - AUGUST 5, 2022) (Arts, Parks, Health, Education, and Neighborhoods Committee waived consideration of above matter) Adopted Item Ayes: Blumenfield, Bonin, Buscaino, Cedillo, de León, Harris-Dawson, Koretz, Krekorian, Lee, Martinez, O'Farrell, Price, Raman, Rodriguez (14); Nays: (0); Absent: (0) (17) 17-0352 COMMUNICATION FROM THE MAYOR relative to the reappointment of Margot Armbruster to the Board of Zoo Commissioners. Recommendation for Council action: RESOLVE that the Mayor's reappointment of Ms. Margot Armbruster to the Board of Zoo Commissioners for the term ending June 30, 2027 is APPROVED and CONFIRMED. Ms. Armbruster resides in Council District 11. (Current composition: M = 3; F = 2) Financial Disclosure Statement: Pending Community Impact Statement: None submitted TIME LIMIT FILE - AUGUST 5, 2022 (LAST DAY FOR COUNCIL ACTION - AUGUST 5, 2022) (Arts, Parks, Health, Education, and Neighborhoods Committee waived consideration of above matter) Adopted Item Tuesday - August 2, 2022 - PAGE 12  Ayes: Blumenfield, Bonin, Buscaino, Cedillo, de León, Harris-Dawson, Koretz, Krekorian, Lee, Martinez, O'Farrell, Price, Raman, Rodriguez (14); Nays: (0); Absent: (0) (18) 14-1500-S5 CD 4 COMMUNICATION FROM THE CITY ADMINISTRATIVE OFFICER (CAO) relative to the updated Second Amended and Restated Agreement to Contract No. 3680 with SMG for the Greek Theatre venue and concessions management. Recommendation for Council action: AUTHORIZE the President, Board of Recreation and Park Commissioners, and Secretary to execute the updated Second Amended and Restated Agreement to Contract No. 3680 between the City and SMG for Greek Theatre Venue and Concessions Management, subject to the approval of the City Attorney as to form. Fiscal Impact Statement: The CAO reports that the recommendation reflects the revenue decrease for the Greek Theatre Special Fund in the amount of $600,000. The anticipated revenue reduction for the 2021 season has already been addressed in the 2021-22 Adopted Budget. For the 2022 season, the Department of Recreation and Parks is projecting $3.2 million in revenue from the Greek Theatre Operation. Financial Policies Statement: The CAO reports that the recommendation complies with the City’s Financial Policies as current operations will be funded by current revenues. Community Impact Statement: None submitted TIME LIMIT FILE - AUGUST 8, 2022 (LAST DAY FOR COUNCIL ACTION - AUGUST 5, 2022) (Arts, Parks, Health, Education, and Neighborhoods Committee waived consideration of above matter) Adopted Item Ayes: Blumenfield, Bonin, Buscaino, Cedillo, de León, Harris-Dawson, Koretz, Krekorian, Lee, Martinez, O'Farrell, Price, Raman, Rodriguez (14); Nays: (0); Absent: (0) (19) 22-0005-S107 Tuesday - August 2, 2022 - PAGE 13  CD 1 COMMUNICATION FROM THE LOS ANGELES HOUSING DEPARTMENT (LAHD) and RESOLUTION relative to removing the property at 452 South Bonnie Brae Street (Case No. 732191) Assessor I.D. No. 5154-024-007 from the Rent Escrow Account Program (REAP). Recommendation for Council action: APPROVE the LAHD report recommendation dated July 22, 2022, attached to the Council file, and ADOPT the accompanying RESOLUTION removing the property at 452 South Bonnie Brae Street (Case No. 732191) Assessor I.D. No. 5154-024-007 from the REAP. Fiscal Impact Statement: None submitted by the LAHD. Neither the City Administrative Officer nor the Chief Legislative Analyst has completed a financial analysis of this report. Community Impact Statement: None submitted. Adopted Item Ayes: Blumenfield, Bonin, Buscaino, Cedillo, de León, Harris-Dawson, Koretz, Krekorian, Lee, Martinez, O'Farrell, Price, Raman, Rodriguez (14); Nays: (0); Absent: (0) (20) 22-0005-S106 CD 1 COMMUNICATION FROM THE LOS ANGELES HOUSING DEPARTMENT (LAHD) and RESOLUTION relative to removing the property at 1242 West Lilac Place (Case No. 357363) Assessor I.D. No. 5406-012-029 from the Rent Escrow Account Program (REAP). Recommendation for Council action: APPROVE the LAHD report recommendation dated July 22, 2022, attached to the Council file, and ADOPT the accompanying RESOLUTION removing the property at 1242 West Lilac Place (Case No. 357363) Assessor I.D. No. 5406-012-029 from the REAP. Fiscal Impact Statement: None submitted by the LAHD. Neither the City Administrative Officer nor the Chief Legislative Analyst has completed a financial analysis of this report. Community Impact Statement: None submitted. Tuesday - August 2, 2022 - PAGE 14  Adopted Item Ayes: Blumenfield, Bonin, Buscaino, Cedillo, de León, Harris-Dawson, Koretz, Krekorian, Lee, Martinez, O'Farrell, Price, Raman, Rodriguez (14); Nays: (0); Absent: (0) (21) 22-0005-S105 CD 1 COMMUNICATION FROM THE LOS ANGELES HOUSING DEPARTMENT (LAHD) and RESOLUTION relative to removing the property at 4515 North Mont Eagle Place (Case No. 343674) Assessor I.D. No. 5474-036-015 from the Rent Escrow Account Program (REAP). Recommendation for Council action: APPROVE the LAHD report recommendation dated July 22, 2022, attached to the Council file, and ADOPT the accompanying RESOLUTION removing the property at 4515 North Mont Eagle Place (Case No. 343674) Assessor I.D. No. 5474-036-015 from the REAP. Fiscal Impact Statement: None submitted by the LAHD. Neither the City Administrative Officer nor the Chief Legislative Analyst has completed a financial analysis of this report. Community Impact Statement: None submitted. Adopted Item Ayes: Blumenfield, Bonin, Buscaino, Cedillo, de León, Harris-Dawson, Koretz, Krekorian, Lee, Martinez, O'Farrell, Price, Raman, Rodriguez (14); Nays: (0); Absent: (0) (22) 22-0005-S108 CD 8 COMMUNICATION FROM THE LOS ANGELES HOUSING DEPARTMENT (LAHD) and RESOLUTION relative to removing the property at 2229 West 52nd Street (Case No. 703597) Assessor I.D. No. 5015-030-011 from the Rent Escrow Account Program (REAP). Recommendation for Council action: Tuesday - August 2, 2022 - PAGE 15  APPROVE the LAHD report recommendation dated July 22, 2022, attached to the Council file, and ADOPT the accompanying RESOLUTION removing the property at 2229 West 52nd Street (Case No. 703597) Assessor I.D. No. 5015-030-011 from the REAP. Fiscal Impact Statement: None submitted by the LAHD. Neither the City Administrative Officer nor the Chief Legislative Analyst has completed a financial analysis of this report. Community Impact Statement: None submitted. Adopted Item Ayes: Blumenfield, Bonin, Buscaino, Cedillo, de León, Harris-Dawson, Koretz, Krekorian, Lee, Martinez, O'Farrell, Price, Raman, Rodriguez (14); Nays: (0); Absent: (0) (23) 22-0005-S109 CD 8 COMMUNICATION FROM THE LOS ANGELES HOUSING DEPARTMENT (LAHD and RESOLUTION relative to removing the property at 6519 South Denver Avenue (Case No. 745713) Assessor I.D. No. 6013-016-016 from the Rent Escrow Account Program (REAP). Recommendation for Council action: APPROVE the LAHD report recommendation dated July 22, 2022, attached to the Council file, and ADOPT the accompanying RESOLUTION removing the property at 6519 South Denver Avenue (Case No. 745713) Assessor I.D. No. 6013-016-016 from the REAP. Fiscal Impact Statement: None submitted by the LAHD. Neither the City Administrative Officer nor the Chief Legislative Analyst has completed a financial analysis of this report. Community Impact Statement: None submitted. Adopted Item Tuesday - August 2, 2022 - PAGE 16  Ayes: Blumenfield, Bonin, Buscaino, Cedillo, de León, Harris-Dawson, Koretz, Krekorian, Lee, Martinez, O'Farrell, Price, Raman, Rodriguez (14); Nays: (0); Absent: (0) (24) 22-0005-S110 CD 9 COMMUNICATION FROM THE LOS ANGELES HOUSING DEPARTMENT (LAHD) and RESOLUTION relative to removing the property at 212 East 55th Street (Case No. 787098) Assessor I.D. No. 5101-016-024 from the Rent Escrow Account Program (REAP). Recommendation for Councl action: APPROVE the LAHD report recommendation dated July 22, 2022, attached to the Council file, and ADOPT the accompanying RESOLUTION removing the property at 212 East 55th Street (Case No. 787098) Assessor I.D. No. 5101-016-024 from the REAP. Fiscal Impact Statement: None submitted by the LAHD. Neither the City Administrative Officer nor the Chief Legislative Analyst has completed a financial analysis of this report. Community Impact Statement: None submitted. Adopted Item Ayes: Blumenfield, Bonin, Buscaino, Cedillo, de León, Harris-Dawson, Koretz, Krekorian, Lee, Martinez, O'Farrell, Price, Raman, Rodriguez (14); Nays: (0); Absent: (0) (25) 22-0005-S112 CD 10 COMMUNICATION FROM THE LOS ANGELES HOUSING DEPARTMENT (LAHD) and RESOLUTION relative to removing the property at 2756 South Mansfield Avenue (Case No. 727291) Assessor I.D. No. 5049-012-001 from the Rent Escrow Account Program (REAP). Recommendation for Council action: APPROVE the LAHD report recommendation dated July 22, 2022, attached to the Council file, and ADOPT the accompanying RESOLUTION removing the property at 2756 South Mansfield Avenue (Case No. 727291) Assessor I.D. No. 5049-012-001 from the REAP. Tuesday - August 2, 2022 - PAGE 17  Fiscal Impact Statement: None submitted by the LAHD. Neither the City Administrative Officer nor the Chief Legislative Analyst has completed a financial analysis of this report. Community Impact Statement: None submitted. Adopted Item Ayes: Blumenfield, Bonin, Buscaino, Cedillo, de León, Harris-Dawson, Koretz, Krekorian, Lee, Martinez, O'Farrell, Price, Raman, Rodriguez (14); Nays: (0); Absent: (0) (26) 09-0005-S700 CD 13 COMMUNICATION FROM THE LOS ANGELES HOUSING DEPARTMENT (LAHD) and RESOLUTION relative to removing the property at 2139 West Clinton Street (Case No. 656151) Assessor I.D. No. 5402-038-020 from the Rent Escrow Account Program (REAP). Recommendation for Council action : APPROVE the LAHD report recommendation dated July 22, 2022, attached to the Council file, and ADOPT the accompanying RESOLUTION removing the property at 2139 West Clinton Street (Case No. 656151) Assessor I.D. No. 5402-038-020 from the REAP. Fiscal Impact Statement: None submitted by the LAHD. Neither the City Administrative Officer nor the Chief Legislative Analyst has completed a financial analysis of this report. Community Impact Statement: None submitted. Adopted Item Ayes: Blumenfield, Bonin, Buscaino, Cedillo, de León, Harris-Dawson, Koretz, Krekorian, Lee, Martinez, O'Farrell, Price, Raman, Rodriguez (14); Nays: (0); Absent: (0) (27) 12-0005-S159 CD 13 COMMUNICATION FROM THE LOS ANGELES HOUSING DEPARTMENT (LAHD) and RESOLUTION relative to removing the Tuesday - August 2, 2022 - PAGE 18  property at 2376 North Glendale Boulevard (Case No. 716938) Assessor I.D. No. 5440-004-006 from the Rent Escrow Account Program (REAP). Recommendation for Council action: APPROVE the LAHD report recommendation dated July 22, 2022, attached to the Council file, and ADOPT the accompanying RESOLUTION removing the property at 2376 North Glendale Boulevard (Case No. 716938) Assessor I.D. No 5440-004-006 from the REAP. Fiscal Impact Statement: None submitted by the LAHD. Neither the City Administrative Officer nor the Chief Legislative Analyst has completed a financial analysis of this report. Community Impact Statement: None submitted. Adopted Item Ayes: Blumenfield, Bonin, Buscaino, Cedillo, de León, Harris-Dawson, Koretz, Krekorian, Lee, Martinez, O'Farrell, Price, Raman, Rodriguez (14); Nays: (0); Absent: (0) (28) 22-0005-S111 CD 14 COMMUNICATION FROM THE LOS ANGELES HOUSING DEPARTMENT (LAHD) and RESOLUTION relative to removing the property at 213 North Boyle Avenue (Case No. 438495) Assessor I.D. No. 5174-009-042 from the Rent Escrow Account Program (REAP). Recommendation for Council action: APPROVE the LAHD report recommendation dated July 22, 2022, attached to the Council file, and ADOPT the accompanying RESOLUTION removing the property at 213 North Boyle Avenue (Case No. 438495) Assessor I.D. No. 5174-009-042 from the REAP. Fiscal Impact Statement: None submitted by the LAHD. Neither the City Administrative Officer nor the Chief Legislative Analyst has completed a financial analysis of this report. Community Impact Statement: None submitted. Tuesday - August 2, 2022 - PAGE 19  Adopted Item Ayes: Blumenfield, Bonin, Buscaino, Cedillo, de León, Harris-Dawson, Koretz, Krekorian, Lee, Martinez, O'Farrell, Price, Raman, Rodriguez (14); Nays: (0); Absent: (0) (29) 22-0839 CD 2 COMMUNICATION FROM THE CITY ENGINEER relative to the final map of Parcel L.A. No. 2017-5451, located at 5109 North Bluebell Avenue, northerly Otsego Street. Recommendation for Council action: APPROVE the final map of Parcel Map L.A. No. 2017-5451, located at 5109 North Bluebell Avenue, northerly of Otsego Street and accompanying Subdivision Improvement Agreement and Contract with securtiy documents. (Bond No. C-140925) Owner: Yaagov Louria; Surveyor: Erik Bowers Fiscal Impact Statement: The subdivider has paid a fee of $14,064.00 for the processing of this final parcel map pursuant to Section 19.02(B)(3) of the Los Angeles Municipal Code. No additional City funds are needed. Community Impact Statement: None submitted. Adopted Item Ayes: Blumenfield, Bonin, Buscaino, Cedillo, de León, Harris-Dawson, Koretz, Krekorian, Lee, Martinez, O'Farrell, Price, Raman, Rodriguez (14); Nays: (0); Absent: (0) (30) 12-1138 COMMUNICATION FROM THE MAYOR relative to the reappointment of Ms. Valeria Velasco to the Board of Airport Commissioners. Recommendation for Council action: RESOLVE that the Mayor’s reappointment of Ms. Valeria Velasco to the Board of Airport Commissioners for the term ending June 30, 2027, is Tuesday - August 2, 2022 - PAGE 20  APPROVED and CONFIRMED. Ms. Velasco resides in Council District 11. (Current composition: F=3; M=4). Financial Disclosure Statement: Pending. Community Impact Statement: None submitted TIME LIMIT FILE - SEPTEMBER 8, 2022 (LAST DAY FOR COUNCIL ACTION - SEPTEMBER 6, 2022) (Trade, Travel, and Tourism Committee waived consideration of the above mattter) Adopted Item Ayes: Blumenfield, Bonin, Buscaino, Cedillo, de León, Harris-Dawson, Koretz, Krekorian, Lee, Martinez, O'Farrell, Price, Raman, Rodriguez (14); Nays: (0); Absent: (0) (31) 22-0600-S92 COMMUNICATION FROM THE CITY ADMINISTRATIVE OFFICER (CAO) relative to the 2021-22 Capital and Technology Improvement Expenditure Program year-end reappropriations. Recommendations for Council action, SUBJECT TO THE APPROVAL OF THE MAYOR: 1. APPROVE the reappropriation of capital improvement and contingency project account balances as of June 30, 2022, within the listed funds, except for those accounts and amounts delineated in Attachment A of the CAO report dated July 19, 2022, attached to the Council file, and those accounts with funds that have been reappropriated by interim actions in Fiscal Year 2021-22: a. General Fund (Non-Dept. Capital Improvement Expenditure Program) No. 100/54 b. Special Gas Tax Street Improvement Fund No. 206/50 c. Local Transportation Fund No. 207/94 d. Park and Recreational Sites and Facilities Fund No. 209/88 e. Street Lighting Maintenance Assessment Trust Fund No. 347/50 f. Special Parking Revenue Fund No. 363/94 Tuesday - August 2, 2022 - PAGE 21  g. Stormwater Pollution Abatement Fund No. 511/50 h. Sewer Capital Fund No. 761/50 i. Measure M Local Return Fund No. 59C/94 j. Measure W Local Return Fund No. 60W/50 k. Street Damage Restoration Fee Special Fund No. 41A/50 l. Road Maintenance and Rehabilitation Program Fund No. 59V/50 m. Wastewater System Commercial Paper A Construction Fund No. 70W/50 n. Wastewater System Commercial Paper B Construction Fund No. 70X/50 o. WSSRB Construction Fund, Series 2017-A, Fund No. 75N/50 p. WSSRB Construction Fund, Series 2018-A, Fund No. 75R/50 2. REQUEST the Controller to work with the CAO to identify those accounts within Fund No. 100/54 with 2021-22 balances that have been reappropriated. 3. AUTHORIZE the CAO to make technical corrections, to implement the intent of these transactions, and authorize the Controller to implement these instructions. Fiscal Impact Statement: The CAO reports that there is no additional impact to the General Fund. The reappropriations are for previously approved General Fund and special funded projects. Financial Policies Statement: The CAO reports that the recommended actions comply with the City’s Financial Policies. Community Impact Statement: None submitted (Budget and Finance Committee waived consideration of the above matter) Adopted Item as Amended by Motion (Harris-Dawson – Martinez) - SEE ATTACHED Tuesday - August 2, 2022 - PAGE 22  Ayes: Blumenfield, Bonin, Buscaino, Cedillo, de León, Harris-Dawson, Koretz, Krekorian, Lee, Martinez, O'Farrell, Price, Raman, Rodriguez (14); Nays: (0); Absent: (0) (32) 11-0122-S3 CD 9 CONSIDERATION OF MOTION (PRICE - RAMAN) relative to amending the Council Action of September 22, 2020, relative to the vacation of a portion of McKinley Place south of 87th Street, VAC-E1401340. Recommendation for Council action: AMEND the Council Action of September 22, 2020, relative to the vacation of a portion of McKinley Place south of 87th Street, VAC-E1401340, to Delete Condition No, 10 of the Corrected Bureau of Engineering (BOE) Report dated August 13, 2020, attached to the Council file, and Adopt the following conditions in lieu of Conditions No. 6 a. - c. of said BOE Report with changes indicated below: 6. That the following improvements be constructed adjoining the petitioner's property in a manner satisfactory to the City Engineer: a. McKinley Place: ◦ Construct asphalt pavement to provide a 10-foot wide half roadway. ◦ Construct new curb and gutter per the latest BOE Standards (Standard Plan No. S-410-2). ◦ Construct 6-foot sidewalk per latest BOE Standards (Standard Plan No. S-440-0). b. 87th Street: ◦ Construct 6-foot sidewalk per latest BOE Standards (Standard Plan No. S-440-0). ◦ Remove and replace damaged curb and gutter per the latest BOE Standards (Standard Plan No. S-410-2). ◦ Construct new curb ramp at intersection of 87th Street and McKinley Place per the latest BOE Standards (Standard Plan No. S-442-5). ◦ Construct new curb ramp at intersection of 87th Street and McKinley Avenue per the latest BOE Standards (Standard Plan No. S-442-5). Tuesday - August 2, 2022 - PAGE 23  ◦ Remove and replace damaged cross gutter intersection with McKinley Avenue per the latest BOE Standards (Standard Plan No. S-410-2). c. McKinley Avenue: ◦ Construct asphalt pavement to provide a 20-foot half roadway width. ◦ Construct 7 foot sidewalk per latest BOE Standards (Standard Plan No. S-440-0). ◦ Repair and/or replace any damaged/cracked as well as off- grade/ missing sidewalk, curb, and gutter along the frontage of the property. Community Impact Statement: None submitted (Public Works Committee waived consideration of the above matter) Adopted Item Ayes: Blumenfield, Bonin, Buscaino, Cedillo, de León, Harris-Dawson, Koretz, Krekorian, Lee, Martinez, O'Farrell, Price, Raman, Rodriguez (14); Nays: (0); Absent: (0) (33) 22-1200-S45 COMMUNICATION FROM THE COUNCIL PRESIDENT relative to the appointment of Courtney La Bau to the City Ethics Commission. Recommendation for Council action: RESOLVE that the Council President's appointment of Ms. Courtney La Bau to the City Ethics Commission is APPROVED and CONFIRMED. Ms. La Bau resides in Council District 11. (Current composition: M = 2; F = 3). Financial Disclosure Statement: Pending Background Check: Pending Community Impact Statement: None submitted Tuesday - August 2, 2022 - PAGE 24  COMMENDATORY RESOLUTIONS MOVED BY SECONDED BY NAME De Leon Rodriguez Rianna Rios Buscaino Blumenfield Captain II Peter J. Casey Buscaino Blumenfield Detective III Jeffrey Brugger Buscaino Koretz Leland Street Elementary School 100th Anniversary  ADJOURNING MOTIONS MOVED BY SECONDED BY NAME Price All Councilmembers Reverend Mark Gory  Item No. 14 MOTION I HEREBY MOVE, regarding Item 14 (Council file No. 20-1376-S1), that Council ADOPT: RECOMMENDATION A - COMMUNICATION FROM CITY ATTORNEY AND ORDINANCE FIRST CONSIDERATION Recommendation for Council action, SUBJECT TO THE APPROVAL OF THE MAYOR: PRESENT and ADOPT the accompanying ORDINANCE, dated June 24, 2022, relative to amending Section 41.18 of the LAMC to make it unlawful for a person to sit, lie, or sleep, or to store, use, maintain, or place personal property near schools and daycare centers, and to amend LAMC Section 56.11 to align it with Section 41.18 and to remove references to “Bulky Items". and RECEIVE AND FILE: RECOMMENDATION B - COMMUNICATION FROM CITY ATTORNEY AND ORDINANCE SECOND CONSIDERATION PRESENTED BY___________________________ KEVIN DE LEON Councilmember, 14th District SECONDED BY___________________________ JOE BUSCAINO Councilmember, 15th District August 2, 2022 CF 20-1376-S1  31A MOTION I MOVE that the matter of communication from the City Administrative Officer (CAO) Report, Item No. 31 on today 's Council Agenda (CF 22-0600-892), BE AMENDED to adopt the following instruction: Replace Attachment A of the 2021-22 Capital and hnology Improvement Expenditure Program Year-End Reappropriations Report (C . 22- with the attached revised version of Attachment A to correct a reporti n error. PRESENTED BY:-v-- - - -- - -- - --"----- RQUEECE HARRIS-DAWSOJi Councilmember, 8th District - " SECONDED . ~ ~-:J  REVISED ESTIMATED AMOUNTS TO REMAIN REVERTED ATIACHMENTA GENERAL FUND CAPITAL IMPROVEMENT EXPENDITURE PROGRAM ·MUNICIPAL FACILITIES Fund No.100, Department No. 54 Council Estimated Reversion Project Title Account No. District Amount* Various Citywide Elevator Repairs OOR632 $ 2 Various Fire Life Safety Building Systems OOS200 8 Various Citywide Nuisance Abatement OOT068 1 Various Public Safety Facilities • Police OOT750 1 14 Lincoln Park Pool OOK038 1 Various Contaminated Soil RemovaVMitigation OOS318 1 14 Zoo Admin Building Roof Repair 005744 1 14 City Hall East Water Pump Replacement OOV848 1 TOTAL $ 16 GENERAL FUND CAPITAL IMPROVEMENT EXPENDITURE PROGRAM ·PHYSICAL PLANT Fund No.100. Department No. 54 Council Estimated Reversion Project Title Account No. District Amount* 7 La Tuna Canyon EmerBency Storm Drain OOP286 $ 24,051 Various Bridge and Tunnel Lighting Maintenance 005246 1,237 4 Mount Lee Road Repair 005695 ~.348 14 Verde Street (2401 ) Remedial Slope Mitigation 005701 22,000 3 Penfield Alley (8325) Improvements 005697 2,546 11 Northfield Street Storrn Drain OOR631 139,725 TOTAL $ 192,907 SPECIAL GAS TAX STREET IMPROVEMENT FUND Fund No. 206, Department No. SO Council Estimated Reversion Project Title Account No. District Amount* 5 Wilshire Resurfacing, San Vicente To Western 50HKBK $ 9,508 6 Sherman Way Tunnel Ventilation/Pump Repair 50LKDJ 1 TOTAL $ 9,509 SEWER OPERATIONS AND MAINTENANCE FUND Fund No. 760, Department No. SO Council Estimated Reversion District Project Titl~ Account No. Amount* Various SANITATION-PROJECT RELATED 50MP82 $ 2,607,940 Various SANITATION-PROJECT RELATED 50NP82 4,311,728 TOTAL $ 6,919,668 *Estimated reversion amount is rounded to the nearest dollar except when account has less than $1. A1  REVISED .. ESTIMATED AMOUNTS TO REMAIN REVERTED ATTACHMENT A WASTEWATE R SYSTEM REVENUE BOND CONS/10A Fund No. 70W, Department No. 50 Council Estimated Reversion Project Title Account No. District Amount* Various CBD SEWER REHAB UNIT 13-WALL S 50VAHO $ 348,000 11 ODOR CTR NOTF CARBON SCRB FAC 50SAHS 692,000 11 ODOR CTR NOTF CARBON SCRB FAC 50VAHS 96,000 9 NOS REHAB U-4 41ST STREET TO 2 50SAHV 101,840 9 NOS REHAB U-4 41ST STREET TO 2 · 50TAHV 1,276,792 2 NOS REHAB U-28 101 FREEWAY TO 50SAHW 3,031,000 10 ODOR CTR GENESEE CARBON SCRB P 50SAHY 118,000 15 SSRP TO? AVALON & LOMITA 50TAJC 1,076,311 2 NOS REHAB U-29 BECK TO COLFAX 50SAJF 100,000 2 TUJUNGA CANYON AND MARCUS AVE 50VAJJ 308,000 Various SSRP P04 MISSON & SOTO 50SAMS 1,256,570 14 SSRP P06 EL SERENO & EDISON 50SASE 3,136,920 Various NOS REHAB U-6 HOOPER TO WILSON 50SASL 1,321 '111 14 NOS REHAB U-7 WILSON TO LA RIV 50SASM 1,043,217 11 HWRP BIOENERGY FACILITY PRE-TR 50S DAB 770,000 11 HWRP BIOENERGY FACILITY PRE-TR 50TDAB 3,946,000 11 HWRP BIOSOLIDS TRUCK LOADING F 50TDAP 67,739 11 HWRP HEADWORKS FIRE SPRINKLER 50TDAR 909,000 11 HWRP COLD BOX TURBO SYSTEM REP 50TDAZ 965,792 11 HWRP STORMWATE R DISCHARGE PIPI 50VDBJ 374,000 11 HWRP TECHNICAL SUPPORT FAC MEC 50VDBK 466,000 11 HWRP DILUTE POLYMER SYSTEM IMP 50VDK2 16,000 11 HWRP EMERG LPGH N0.1 REHAB 50RDY6 1,252,110 13 LAG BISULFITE FACILITY IMPR 50RE52 274,770 13 LAG BISULFITE FAC IMPROVEMENTS 50TE52 565,376 13 LAG CLEAN WATER CONTROL SYSTEM 50SEC2 23,962 13 LAG CLEAN WATER CONTROL SYSTEM 50VEC2 200,000 13 LAG ADVANCED WATER PURIFICATIO 50VEC6 6,747,000 13 LAG DECHLORINA TION CHAMBER IMP 50RECH 723,270 13 LAG DECHLORINA TION CHAMBER IMP 50TECH 409,272 13 LAG CHANNEL 4 DIVERSION GATE I 50SELD 93,927 11 PP646 VENICE VFD REPLACEMENT 50SFA9 2,940 11 PP 646 VENICE GENERA TORS REP LA 50TFB3 17,842 11 PP 654 BALLONA CREEK GENERATOR 50TFM2 714,289 13 PP NORTH YARD GENERATOR REPLAC 50TFN2 26,576 14 PP 604 HIGHBURY REHABILITATION 50RFN4 533,000 14 PP 604 HIGHBURY REHABILITATION 50SFN4 502,108 11 PP 632 SUNSET GENERATOR REPLAC 50SFN7 37,244 11 PP 638 PALISADES GENERATOR REP 50SFN8 93,400 11 PP 648 THOMPSON YARD GENERATOR 50SFN9 t1 ,232 Various PP CW WIRELESS BACKUP MONITOR! 50SFP2 952,000 11 PP WEST LOS ANGELES YARD GENER 50SFP3 38,000 4 PP 616 CAHUENGA GENERATOR REPL 50SFP4 43,100 11 PP 624 ROSCOMARE GENERATOR REP 50SFP5 46,344 Various CS CLEAN WATER CONTROL SYSTEM 50SGC9 978,000 Various CS CLEAN WATER CONTROL SYSTEM 50VGC9 3,794,000 "Estimated reversion amount is rounded to the nearest dollar except when account has less than $1. A3