TITLE
Recommendation to adopt resolution authorizing City Manager to submit grant applications to the Los Angeles County Regional Park and Open Space District, for approximately $265,000 in excess funds for the Martin Luther King, Jr. Park, Rotary Park, and 21st and Hill Park projects; and execute any documents necessary for the implementation and administration of the projects. (Districts 4,6,7)
DISCUSSION
In 1992, the voters of Los Angeles County approved the establishment of a $540 million park-and-open-space property assessment to fund the acquisition and preservation of endangered wilderness lands, and to rehabilitate and improve dozens of park and recreational facilities throughout Los Angeles County. The proposition also created the Los Angeles County Regional Park and Open Space District (District) to manage the funds. In 1996, the voters approved an increase of $319 million to the assessment for additional projects. Through the two park bond measures, the City received millions of dollars to fund a wide variety of park projects throughout the City.
The District assessment is generating more than enough money to enable the District to meet all of its financial requirements. The 1996 Proposition requires an annual determination, based on projected revenues and expenditures, of any additional amount that can be made available for more projects. This additional amount is called Excess Funds. The Proposition requires a specified split of funding among eligible entities, and the Los Angeles Board of Supervisors (Board) has further split those funds among the five Supervisorial Districts. The District administrator works with each Supervisor's office to determine and implement methods for distributing the funds available through that office, including obtaining approval of each office's distribution by the Board as a whole. Once the Board allocates the funds, the District administers them in the same manner as other grants.
Supervisor Don Knabe has notif...
Click here for full text