<!auitdatm 11Beeb. FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged,

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1 RECORDING REQUESTED BY: City of Los Angeles WHEN RECORDED MAIL TO AND MAIL TAX STATEMENTS TO: CRA/LA, a Designated Local Authority 448 S. Hill Street, 12 1 h Floor Los Angeles CA Attn: Chief Executive Officer <!auitdatm 11Beeb This document is exempt from. Documentary transfer tax pursuant to Section of the Revenue and Taxation Code and is being recorded pursuant to Section 6103 of the California Government Code and California Government Code Section FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, The City of Los Angeles, a municipal corporation DOES HEREBY REMISE, RELEASE AND FOREVER QUITCLAIM TO CRA/LA, A DESIGNATED LOCAL AUTHORITY, a public body formed under Health & Safety Code Section 34173(d)(3), as successor to the Community Redevelopment Agency of the City of Los Angeles The following described real property in the County of Los Angeles, State of California (Assessor's Parcel No. ): SEE ATTACHMENT "A" FOR LEGAL DESCRIPTION The City of Los Angeles acquired this property by document recorded on May 24, 2013 as instrument No of Official Records. This Quitclaim Deed is made in accordance with the provisions of Council File No S5 of the City of Los Angeles

2 In witness whereof, City of Los Angeles, a municipal corporation, by its City Council, has caused this Quitclaim Deed to be executed on its behalf, by its General Manager of the Department of General Services, and its corporate seal to be thereto affixed by its City Clerk, this ~d day of Oe:::fp;ber, 2013 The City of Los Angeles, a municipal corporation "' /DJ,;(M~ Tony M. Royster General Manager Department of General Services STATE OF CA~IFORNIA}!\ J COUNTY OF ~sd~}. _ - On CX.fof;er 2.LD/3, before me, cj:dj\11\ V\ K \c::>kl, a Notary Public, personally appeared--' >, who proved to me on the basis of sati factory evidence t be the person Is}._ whose name'(s).js/a~ subscribed to the within instrument and acknowledged to me that he/s~they executed the same in his/~tfle:(ir authorized capacity~, and that by his/h'el:i.!h'eir_signature\sj...on the instrument the person~ or the entity upon behalf of which the person~acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. ~ / ' < Signatu'r.~al) I. ~... JOANN KISHI I ~ NO~~::~~ i I LOS ANGELES COIJHlY!. MyComm. ExpitesApril11, 2015

3 ATTACHMENT "A" LEGAL DESCRIPTION APN: SITUS: 7221 CANBY AVENUE, LOS ANGELES, CA THE SOUTH FEET OF LOT 24 IN BLOCK 6 OF MARIAN TRACT, IN THE CITY OF LOS ANGELES, COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, AS PER MAP RECORDED IN BOOK 36 PAGE 29 OF. MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY END OF LEGAL DESCRIPTION

4 The City of Los Angeles To JOB TITLE: City of Los Angeles transfer back to CRA/LA, a Designated Local Authority APN: Canby Avenue Cadastral Map No. 183 B 125 CRAILA, a Designated Local Authority Quitclaim Deed Approved as to Authority jf) J d--,2013 By /owgg~offi=. Approved as to escrip\\qzl SEP By... YrA ~;.f/0 I ' Jose L. I am!fez, Auth~fficer General Services Department Real Estate Services Division Council File No. 1...,1'--0"-'0"'8""6-"-S"-"5'-----

5 CONTRACT SUMMARY SHEET TO: THE OFFICE OF THE CITY CLERK, COUNCIL/PUBLIC SERVICES DIVISION ROOM 395, CITY HALL DATE: ocr. tf~ 2Y 1 ~ f FROM (DEPARTMENT): General Services, Real Property Services Division CONTACT PERSON: JaJ~ L. {(AM I ((.t:-2 PHONE: i '( CONTRACT NO.:----- COUNCIL FILE No.:ll-00 [{-.SS ADOPTED BY COUNCIL: II-2o-2P I 2- DATE APPROVEDBYBPW: DATE 0 NEW CONTRACT 0 AMENDMENT NO. 0 ADDENDUM NO. - 0 SUPPLEMENTAL NO. 0 CHANGE ORDER NO.= CONTRACTOR NAME: TERM OF CONTRACT:----: THROUGH: TOTAL AMOUNT: ~ --~,~ ~ PURPOSE OF CONTRACT: NOTE: CONTRACTS ARE PUBLIC RECORDS- SCANNED AND UPLOADED TO THE INTERNET

6 FORM GEN. l60 (Rev. 6-80) CITY OF LOS ANGELES INTERDEPARTMENTAL CORRESPONDENCE DATE: October 4, 2013 TO: FROM: Holly L. Wolcott, City Clerk Room 395, City Hall Attention: Michael Espinosa, Legislative Assistant I Melody J. McCormick, Director Real Estate Services Division General Services Department SUBJECT: REQUEST TO HAVE THE CITY CLERK ATTEST THE ATTACHED QUITCLAIM DEEDS FROM THE CITY OF LOS ANGELES TO THE CRA/LA A DESIGNATED LOCAL AUTHORITY FOR THE PARCEL OF LAND LOCATED AT 7221 CANBY AVENUE. We need to have the City Clerk attest these quitclaim deeds. The General Manager of the General Services Department has already executed this document pursuant to Council File No This document needs to be recorded with the Los Angeles County Registrar Recorder in conjunction with the above mentioned Council File. The three originals are to be attested and distributed as shown below: 1. City Clerk File 2. Two originals to be returned to GSD for (1) Conforming copy for file (2) Recording After the attached documents have been executed, please contact Jose L Ramirez, Title Examiner at (213) or David Roberts, Property Manager I, at for pick up.

7 ~-~.IT o,. ".... "'..i. '1. ;... ~. Ill Ill II tl. "'. DEPARTMENT OF EOMUND G. BFIOWN JR GOVERNOR 04 L.IF-dtttl',. F J N A N C E ,.,:-,:-:s:-L:-=ST:::R:::<:::n:-:a::-a:-A:-::O:::cRA.,=M.,.,<,:=NT:::o::'-c:-A:=::-0 ""~""sa~! 4;-~,:::7;:;;o,:,e:'-:a:-w""'w,=w:,::.o::.,o,.:P::,,o;,;,.A,;:=o:;..:av July 12, 2013 Mr. Steve Valenzuela, Chief Financial Officer CRA/LA- A Designated Local Authority 1200 West 7 1 h Street,. 2F Los Angeles, CA Dear Mr. Valenzuela: Subject: Housing Assets Transfer Form This letter supersedes Finance's Housing Asset Transfer Form letter dated March 27, Pursuant to Health and Safety Code (HSC) section (a) (2), the City of Los Angeles Housing Department as Housing Successor Agency {Agency) submitted a Housing Assets Transfer Form (Form) to the California Department of Finance {Finance) on August 1, 2012, for the period February 1, 2012 through August 1, Finance issued its determination related to those transferred assets on March 27, Subsequently, the Agency requested a Meet and Confer session on one or more items that was objected to by Finance. The Meet and Confer session was held on June 10, Based on a review of additional information and documentation provided to Finance during the Meet and Confer process, Finance has completed its review of those specific items being disputed. Exhibit A 1 - Real Property: Items 20, 27 through 30, 40, 57, and 62- Finance no longer objects to the transfer of Items 20, 40, 57, and 62; however, Finance continues to object to the transfer of Items 27, 28, and 29. During the Meet and Confer process, the Agency informed us that Item 30 Is related to Item 29; therefore, Finance is objecting to the transfer of Item 30 for the same reasons as Item 29. Finance originally objected to the transfer of these items as the documentation provided did not support that these assets are used or required to be used for low and moderate housing purposes. During the Meet and Confer process, the Agency provided additional documents for Items 20, 40, 57, and 62 showing that each of the parcels has an affordable housing requirement either through the funding source used to purchase the properties or the covenants and agreements associated with the properties. Therefore, Items 20, 40, 57, and 62 meet the definition of a housing asset pursuant to HSC section {e) { 1). During the Meet and Confer process, the Agency was not able to provide documents for Items 27 through 30 that show these parcels have an affordable housing

8 Mr. Steve Valenzuela July 12, 2013 Page2 requirement. Therefore, Items 27 through 30 do not meet the definition of a housing asset pursuant to HSC section (e) (1 ). However, Finance notes that to the extent the Agency would like to retain these parcels to develop low and moderate income housing, HSC section (c) (2) states that one of the property disposition options available to the successor agency of the former redevelopment agency is the retention of property for future development purposes pursuant to an approved Long Range Property Management Plan. If this option is selected, HSC section (t) (1) states that the city, county, or city and county must reach a compensation agreement with the other taxing entities to provide payments to them in proportion to their shares of the base property tax, as determined pursuant to HSC section 34188, for the value of the property retained. Exhibit C1 -Encumbrances: Items 5, 8, and 19- Finance no longer objects to the transfer of these items. Finance originally objected to the transfer of these items as no executed agreements were provided and the memorandums and unexecuted oversight board resolutions were not sufficient to determine if these encumbrances are allowed for transfer. During the Meet and Confer process, the Agency provided executed copies of the agreements for each of the projects to build or acquire low and moderate income housing. Therefore, Exhibit C1, Items 5, 8, and 19 meet the definition of a housing asset pursuant to HSC section (e) (2). Exhibit C1 - Commitments: Item 1 - Finance no longer objects to the transfer of the item. Finance originally objected to the transfer of the item as the oversight board resolutions were not executed and no executed agreements were provided. During the Meet and Confer process, the Agency provided an executed copy of the agreement. Therefore, Exhibit C1, Item 1 meets the definition of a housing asset pursuant to HSC section (e) (2). Exhibit D1 -Active Loans: Item Finance no longer objects to the transfer of the item. Finance originally objected to the transfer of the item as no loan agreement was provided. During the Meet and Confer process, the Agency provided an executed copy of the loan agreement, promissory note, and covenants indicating that the loan was funded from the Low and Moderate Income Housing Fund. Therefore, Item meets the definition of a housing asset pursuant to HSC section (e) (3). During the Meet and Confer process, the Agency stated that the incorrect address was listed for Exhibit A, Item 25. The Agency provided documents showing that the correct addresses should be 619 through 627 and 629 S. Westlake Avenue for Exhibit A, Item 25. Finance acknowledges and concurs with the change to the Form. This is Finance's final determination related to the assets reported on your Form. Except for items disallowed as noted above, Finance is not objecting to the remaining items listed on your Form. Assets transferred deemed not to be a housing asset shall be returned to the successor agency.

9 Mr. Steve Valenzuela July 12, 2013 Page3 Please direct inquiries to Evelyn Suess, Dispute Resolution Supervisor, or Mary Halterman, Analyst, at (916) Sincerely, ftrv- SZALAY Local Government Consultant cc: Mr. David Riccitiello, Chief Executive Officer, CRNLA Mr. Rushmore D. Cervantes, Executive Officer, City of Los Angeles Housing Department Ms. Kristina Burns, Manager, Los Angeles County Auditor Controller's Office California State Controller's Office

10 JUNELAGMAY City Clerk HOLLY L. WOLCOTT Executive Officer When making inquiries relative to this matter, please refer to the Council File No. CITY OF LOS ANGELES CALIFORNIA ANTONIO R. VILLARAIGOSA MAYOR Office of the CITY CLERK Council and Public Services Room 395, City Hall Los Angeles, CA Gener.at Information. (213) 97S Fa){: (213) SHANNON HOPPES Council and Public Services Division WWW,cityc!erk!acltv.org November 26, 2012 To All Interested Parties: The City Council adopted the action(s), as attached, under Council File No , at its meeting held November 20, City Clerk lv An Equal Employment Opportunity- Affirmative Action Employer

11 L-\ TO: LOS ANGELES CITY COUNCIL COMMUNICATION FILE NO SS FROM: COUNCILMEMBER ED REYES, VICE CHAIR HOUSING, COMMUNITY AND ECONOMIC DEVELOPMENT COMMITTEE COMMUNICATION FROM VICE CHAIR, HOUSING, COMMUNITY AND ECONOMIC DEVELOPMENT COMMITTEE relative to the return of real property assets conveyed from the former Community Redevelopment Agency/Los Angeles (CRA/LA} to the City, and the authorities required to effectuate the return of such assets to the CRAILA, a Designated Local Authority (successor agency to the former CRA/LA). Recommendations for Council action: 1. APPROVE the transfer of properties Identified In Attachment 1 of the joint City Administrative Officer (CAO) and Chief Legislative Analyst (CLA) report dated November 14, 2012 contained In the Council File 11-00S6-S5. 2. AUTHORIZE and INSTRUCT the General Manager, Department of General Services, or designee, to: a. Complete the transactions as necessary and process the necessary. documentation to effectuate the transfer of all of the properties and parcels by Assessor Parcel Number as listed in Attachment 1 of the joint CAO/CLA report. b. Clear the recorded'transfer of Jurisdiction and Control documents from the titles of the Watts Cultural Crescent (Assessor Parcel Number [APN]: ) and Country Club Park Heritage Plaza (APN: }, and to complete the transactions as necessary and process the necessary documentation to effectuate the transfer of these parcels to the Community Redevelopment Agency/Los Angeles, a Designated Local Authority, subject to the Board of Commissioners of the Department of Recreation and Parks (RAP Board) taking all necessary and appropriate actions to rescind its prior actions of accepting the transfer of jurisdictions of these parcels in RAP Board Resolutions No and No fiscal Impact Statement; The CAO/CLA report that there Is a fiscal impact for the City to retain the properties and not return them to the Community Redevelopment Agency/Los Angeles, a Designated Local Authority. In addition to the unanticipated increase in costs for property utlhlles and maintenance, the City may also Incur a reduction in incorne through sales tax or property tax reductions in the amount of the value of the retained properties. Costs for California Plaza and the Omni Hotel are covered under existing ground leases and will not impact the City. Costs for the Martin Luther King, Jr. Shopping Center properties and Housing Asset properties are not yet known, and may possibly be the City's responsibility. Annual costs for the Department of Recreation and Park (RAP) properties are $38,000 for the Watts Cultural Crescent and $16,050 for the Country Club Park Heritage Plaza. A portion of the costs for RAP properties ($7,025) is included in the Fiscal Year Budget. Community Impact Statement: None submitted. SUMMARY At a regular meeting held on November 14, 2012, the Vice Chair of the Housing, Community and Economic Development Committee considered a joint report from the City Administrative Officer (CAO) and the Chief Legislative Analyst (CLA) dated November 14, 2012 relative to real property assets conveyed from the former Community Redevelopment Agency/Los Angeles (CRA/LA) to

12 the City, and the authorities required to effectuate the return of such assets to the CRNLA, a Designated Local Authority (CRNLA-DLA) (successor agency to the former CRAILA), pursuant to an Order to Reverse from the California State Controller in compliance with Assembly Bill (AB) 1X 26. Representatives of the CAD and the CLA appeared before the Committee Vice Chair to discuss their joint report and respond to related questions. The representative of the CLA provided a brief background on the matter and reported that in 2011 the former CRNLA transferred a number of properties to the City pursuant to the Cooperation Agreement approved between the City and the CRNLA. Subsequently, AB 1X 26 dissolved all redevelopment agencies, and as a result, the California Department of Finance (DOF) opined that any asset transfers (monetary or real property) that occurred after January 2011 were invalid. In April 2011 the State Controller issued a letter ordering the reversal of all such asset transfers. On August 31, 2012, the Los Angeles City Council approved the transfer of 70 properties back to the CRNLA-DLA, but retained 28 properties. Of these 28 retained properties now proposed to be returned to the CRNLA-DLA, 16 are housing assets, two are under the control of the Department of Recreation and Parks (RAP), and ten are collectively referred to as Marlton Square, Westlake, Watts Recreation Youth Center, and the Robert Pitts Youth Center. The representative of the GAO reported that it is anticipated by both the City and the CRAILA-DLA that the housing properties to be returned to the CRAILA-DLA will ultimately be transferred back to the City. The non-housing asset properties on the list will be Included in the Long-Range Asset Management Plan. State legislation provides for the disposition of properties under the Plan as follows: 1) governmental use, such as the RAP properties for which the City is in discussion with the CRAILA-DLA and expects to receive back, 2) properties that are part of a previous redevelopment project or area, such as Marlton Square, and 3) liquidation of properties that do not fall into either of the categories above. In response to a question from the Vice Chair regarding the timeline.for resolution of this matter, the CLA and the City's outside counsel on CRNLA matters reported that the LAHD is in a meet and confer process with the DOF regarding the housing assets and the process should wrap up by late January or early February Non-housing properties will be considered in the Long Range Asset Plan and it is anticipated that a decision will occur in April 2013 regarding the Plan. After providing an opportunity for publ!c comment, the Committee Vice Chair recommended that Council approve the recommendations in the joint CAO/CLA report. This matter is now forwarded to the Council for its consideration. R~;;ttedj ~~ip~ A;y?.,1/!..L iv l1~j.. ~M-ot"W'\ LOS ANGELES Cll'/ COUNCil COUNCILMEMBER ED REYES, VICE CHAIR HOUSING, COMMUNITY AND ECONOMIC DEVELOPMENT COMMITTEE ~~re~as: REYES: WESSON: ALARCON: PERR~ ~~~NT YES A6SENT ASSENT ABSENT REW 11114/12 11-QOBS.SS fp\..hced_11 '"' 12.dO Not Official Until Council Acts Page 2 of 2

13 ITEM 21 A MOTION T MOVE that the matter of COM:M:UNICA TJON FROM VICE CHAIR, HOUSlNG, COMMUNITY AND ECONOMIC DEVELOPMENT COMMITTEE relative to the return of real property assets conveye;d from the former Community Redevelopment Agency/Los Angeles (CRA!LA) to the City, and the authorities required to effectuate the return of such assets to the CRAJLA, a Designated Local Authority (successor agency to the former CRAJLA) (CRA!LA DLA), item 21 (C.F. 1!-0086-SS) on today's Council Agenda, BE AMENDED to request that the Chief Legislative Analyst and City Administrative Officer, with the assistance of the Outside Counsel representing the City in these matters, report to the HOUSJNG, COMMUNITY AND ECONOMIC DEVELOPMENT COMMITTEE within 60 days with options the City has to compel the CRAILA-DLA to maintain properties under their jurisdiction, expedite project completion, and seek reimbursement from CRA!LA-DLA for any maintenance costs incurred by the City for CRAJLA-DLA owned properties. ADOPTED NOV los ANGELES CITY COUNCIL November 20, 2012