REVISED MANAGEMENT DISTRICT PLAN FOR THE, GREATER LEIMERT PARK VILLAGE/

, CRENSHAW CORRDORPROPERTY BUSINESS IMPROVEMENT DISTRICT

Los ANGELES, CALIFORNIA

Prepared pursuant to the City of Los Angeles'Landscaping, Security, Programming and Maintenance

. '," Property Business Improvement District Ordinance ,(Los Angeles Administrative Code, Division 6, Chapter 9, Sections 6.600 to 6.620)

Revised Plan Prepared byRecommendation of :

The Greater L~imert Park Vilage/Crenshaw CorridorBusiness Improvement District

Advisory Board

Original Plan byNEW CITY AMRICA INC.

REVISED PLAN - 2005

GREATER LEIMERT PARK VILLAGE/CRENSHA W CORRDORPROPERTY BUSINESS IMPROVEMENT DISTRICT

REVISED MANAGEMENT DISTRICT PLAN

(Formed pursuant to the Landscaping, Security, Programming and Maintenance PropertyBusiness Improvement District Ordinance No. 173,167 (Alpha BID), Los Angeles AdministrativeCode, Div: 6, Chap 9, Sec. 6.600-6.620)

MAAGEMENT DISTRICT PLAN

1. MA OF THE DISTRICT

2. NAM OF THE DISTRICT

3. DESCRITION OF BOUNARS OF THE DISTRICT

4. THE IMROVEMENT AN ACTITIES EACH YEAR

5. TOTAL ANAL AMOUN TO BE EXPENDED FOR IMROVEMENTS,MATENANCE AN OPERATIONS

6. TH SOURCE(S) OF FIANCING INCLUDING THE METHOD AN BASIS OFLEVYG THE ASSESSMENTS

7. THE TIM AN MAR OF COLLECTING THE ASSESSMENTS

8. . RULES AN REGULATIONS TO BE APPLICABLE IN THE DISTRICT

9. STATEMENT ON LEVY OF EACH PARCEL FOR A PERIOD OF TIM EQUAL TOTHE USEFUL LIF OF THE IMROVEMENT - LENGTH OF THE DISTRCT.

10. ADVISORY BOAR AN NON-PROFIT MAAGEMENT ENTITY

APPENDICES (ATTACHMENTS ):MA OF THE BUSIN'ESS IMPROVEMENT DISTRICT ARAPRÒJECTION OF ASSESSMENTS AN FUNDING CATEGORIESLIST OF PARCELS TO BE ASSESSED

Greater LeÌlliert Park Vilage/Crenshaw Corridor PBID 2 Revised Management District Plan 2005

EXECUTIV SUMARY OF THE MAAGEMENT DISTRICT PLANFOR THE GREATER LEIMRT PAR VILLAGE/CRENSHA W CORROR

PROPERTY BUSINSS IMPROVEMENT DISTRICT

FORMD UNDER THE CITY OF Los ANGELESLANSCAPING, SECURTY, PROGRAG AN MAITENANCE

PROPERTY BUSINSS IMPROVEMENT DISTRICT ORDINANCE

. The "Greater Leimert Park Vilage/Crenshaw Corridor" Propert BusinessImprovement District" consists of three benefit zones with a total of 2,939,112 ingross square feet oflot size, 162,218 in gross square feet of building size and 8,934 in

linear feet of frontage.

. Annual assessment revenues of the District are $167,367.00 per year, based upon

verified data with the LA City Clerks office and the existing property database, as ofJune, 2005. Benefit Zone 1 property owners contribute $59,454.38 in assessments,

Benefit Zone 2 propert owners contribute $89,223.81 in assessments, and BenefitZone 3 propert owners contribute $18,689.43 in assessments during the first yearof the District.

. As of September 2005, the City has collected two years worth of assessments on

behalf of the District totaling $322,230.16. These. assessment revenues are beingheld in trust for the District and are to be distributed to the District once amanagement entity is in place and the management entity has contracted with the 'City to administer the District's programs. '

. The address series for the included propertes are broken down by Benefit Zone in

the attached chart. 'Benefit Zone 1 parcels pay on the basis of lot size; linearfrontage and building square footage due to the fact .that they derive the greatestbenefit from the establishment of the District. Benefit Zone 1 parcels are to be

found within the Vilage proper, on Degnan, W. 43rd Place and W. 43rd Street.

. Benefit Zone 2 property owners pay on the basis of linear frontage and lot size only.

These property owners, along Crenshaw from Vernon to. just north of MartinLuther King Jr. Blvd. derive lesser benefit due to their peripheral relationship tothe core area. The services funded from Benefit Zone 2 are primarily in the form ofbeautifcation and sidewalk cleaning.

. Benefit Zone 3 propert owners, including all those in and around the Baldwin

Hils/Crenshaw Plaza, pay on the basis of lot size only. Their contribution to theDistrict funds special services restricted to marketing and promotions as well asadministrative costs. The mall tenants are already paying for security and cleaningservces so'therefore only the peripheral public rights of way are maintained.

. the annual assessment amounts related to each factor of the three benefit zones ofthe District and their proportional contribution is to be found attached.

Greater Leiiiert Park Vilage/Creiishaw Corridor PBID 3 Revised Management District Plan 2005

. The District's programs are to be administered by a non-profit, public benefit

corporation management entity per Chapter 9, Section 6.613 of the City of LosAngeles Administrative Code.

. The District is formed under the City of Los Angeles Landscaping, Security,

Programming and Maintenance Property Business Improvement DistrictOrdinance. The District has a life of ten years commencing from the date of

, establishment and expiring on December 31, 2013. Accommodations for annualdisestablishment of the District are printed in this plan;

. The formal legislative process of establishing the District was initiated by theadoption of the original management plan by the Greater Leimert ParkVilage/Crenshaw. Corridor PBID Steering Committee and through the collection ofsigned petitions, representing a statutorily-required minimum of 30% (weighted byassessment) . of the propert owners of the District, supporting the formation of theDistrict. The petitions were submitted to the City Clerk's office for verification andthe public hearing and balloting proceedings began on October 29, 2002 with theCity Council's adoption of an Ordinance of Intention (Ord. No. 174,945) to establishthe District. Ballots, hearing notices, instructions and management plans were thenmailed to each propert owner. The final public hearing, held on December 17,2002, closed the balloting period and afforded each and every property owner theoppørtunity to be heard regarding the formation of the District. 65.08% of thereturned ballots were cast in favor of the establishment and 34.92% were cast inopposition. Subsequent to a finding of no Majority Protest, the District wasestablished by adoption of Ordinance No. 175,039' by the Los Angeles City Councilon December 18, 2002.

. No parcels, private, public nor non-profit and tax-exempt, are exempted from

assessment payments to the District.

. A maximum 5 percent (5%) cost of living adjustment may be added on an annualbasis to BID assessments of the Greater Leimert Park Vilage/Crenshaw CorridorBusiness Improvement District, based on a recoinmen4ation of and authorized bythe Advisory board and the non-profit Management Entity and stated as such in aletter to the Los Angeles City Clerk.

Greater Leimert Park Vilage/Crenshaw Corridor PBID 4 Revised Maiiagemeiit District Plan 2005

REVISED MANAGEMENT DISTRICT PLAN FOR THE GREATER LEIMERT PARKVILLAGE/CRENSHAW CORRDOR PROPERTY BUSINESS IMPROVEMENT DISTRICT

The "Greater Leimert Park Village/Crenshaw Corridor Property Business Improvement District" is anenhanced services/propert maintenance District which is formed under the City of Los Angeles'Landscaping, Security, Programming and Maintenance Property Business Improvement DistrictOrdinance. '

The propert owners established this District to provide ongoing street and sidewalk cleaning,security, combat vandalism and graffiti, address landscaping issues, promote beautifcation efforts,to market and promote the historic business District and commercial corridor and advocacy for thearea. The District's assessments provide the revenue base for the non-profit management entity toadminister the conferring of special benefits to real propert within the District's boundaries.

The statistics of the District are as follows:

Inclusive address series and streets:Number of parcels:Number of Propert Owners:Total lot size square footage:Total building size square footage:

Total linear frontage:Existig assessment Districts:

please see next page135 parcels

89 propert owners

2,939,112 square feet (All benefit zones)162,218 square feet (Benefit zone 1 only)8,934 linear feet (Benefit zones 1 and 2. only)Existing lighting District in place

Exemptions: There are no exempt properties within the boundaries of the assessment Distrct.

The remainder of this report includes the elements required by the Alpha PBID ManagementDistrict Plan for establishment of the District:

1. Map ofthe District: Please see attachment at the end

2. Name of the. District: The District is named the "Greater Leimert Park Vilage/CrenshawCorridor Propert Business Improvement District"

3. Description ofthe Boundaries: The District is bordered by the following streets or highways:

· On the south, just beyond the triangle parcel at Vernon and Crenshaw

· On the north, just beyond the DWP Building north of Martin Luther King Jr.Boulevard;

· Specifcally, the address series encompassing the District includes the following:

a. 3331;.3423 W. 43rd Place

. b. 3339 - 3443 W. 43rd Street

c. 4005 - 4444 Crenshawd. 4300- 4337 Degnan

Greater Leimert Park Vilage/Creiishaw Corridor PBID 5 Revised Management District Plan 2005

e. 4299 - 4340 Leimert Blvd.

f. 4020 Marlton Avenueg. 3540 - 3650 Martin Luther King Jr. Blvd.

h. 3715 - 3791 Santa Rosalia Dr.

I. 3610 - 3701 Stocker Street.

· There are three benefit zones in the District

4. Improvement and Activities for each vear of operation ofthe District:'The District has a maximum allowable period of ten years from the time of establishment.The improvements and activities for each year of operation of the District are as follows:

Year Activities and Improvements to be funded

1 Sidewalk cleanup, landscaping, graffiti control, minor security, marketing andpromotions, beautication and administration

2 Sidewalk cleanup, landscaping, graffti control, minor security, marketing andpromotions, beautification and admiistration

3 Sidewalk cleanup, landscaping, graffti control, minor security, marketing andpromotions, beautication and admiistration

4 Sidewalk cleanup, landscaping, graffti control, minor security, marketing andpromotions, beautification and admiistration

5 Sidewalk cleanup, landscaping, graffti control, minor security, marketing andpromotions, beautifcation and admiistration

6 Sidewalk cleanup, landscaping, graffti control~ minor security, marketing andpromotions, beautication and admiistration

7 Sidewalk cleanup, landscaping, graffiti control, minor security, marketig andpromotions, beautifcation and administration .

8 Sidewalk cleanup, landscaping, gratfti control, minor security, marketig andpromotioD,s, beautifcation and admiistration

9 Sidewalk cleanup, landscaping, graffiti control, minor security, marketing andpromotions, beautifcation and administration

10 Sidewalk cleanup, landscaping, graffti control, minor security, marketing andpromotions, beautification and administration

Greater Leimert Park Vilage/Crenshaw Corridor PBID 6 Revised Maiiagement District Plan 2005

5. Total annual amount to be expended for improvements. maintenance and operations:

FIRST YEAR ESTIMATED ANNUAL EXPENSES FORGREATER LEIMERT PARK VILLAGE/CRENSHAW CORRDOR P.B.I.D. _

P.B.LD Function or Service % of Budget Estimated Annual Costs

MaintenancelBeautification 53% $ 88,248.00Marketinglromotions/Special Events 15% $ 25,00l).00

Organizational/Corporate Admin. 27% $ 45,500.00

ContingencylReservelMisc. 5% $ 8,619.00

Total Estimated Annual Costs 100% $167,367.00

Brief Description of Services funded by the Assessments:

The following budget is based upon the Main Street organizational methodology. This organizationalmethodology is being used throughout the City, State and country and allows for easy communicationbetween various business Districts. The m()re flexibility in the budget categories provides propertowners, the Advisory Board and the non-profit management entity with the opportunity to adjust thebudget annually.

Greater Leimert Park Vilage/Crellhaw .corridor PBID 7 Revised Managemellt District Plan 2005

Service/Category - % of Budget Annual Amount Sub-Total/Total

I. StreetscapelMaintenancelBeautifcation - 53%(Economic Restructuring Component)Services to include:. Daily sweeping of sidewalks and streets;. Daily removal of trash from receptacles;. Daily cleaning of spotted or soiled areas onsidewalks;. Daily removal of graffiti from store front propertiesand public rights of way;. Periodic pressure washing of sidewalks;. Periodic landscaping along all streets in the District;+ Periodic planting of, pruning and maintenance ofstreet trees;. Coordination of clean-up and beautifcation projectsin the area;. Installation and take down of banners and seasonaldecorations. Maintenance of public furniture and gateway signs;

This assumes adherence to City's Living Wage Ordinance.Estiate of base hourly pay of a Maintenance worker at

$8.50 per hour and a lead worker at $10.00 per hour.

Maintenance wòrkers: $8.50 per hour x 1.4 (taxes andworkers comp.)

40 hours~ $11.90 = $ 476.00 per week

40 hours~ $ 14.00 = $ 560.00 per week(Lead worker)Maintenance worker, $ 476.00 x 52 weeks = $24,752.00Lead worker, $ 560.00 x 52 weeks = $ 29,120.00

a. Maintenance Personnel (2 yz Full Time) $ 66,248.00

b. MaintenancelNon-Personnel (Truck, materials) $12,000.00Non-Personnel Costs to include:Dumping and bulky item removal, water costs, maintenanceequipment and supplies and miscellaneous

$ 5,000.00c. Beautifcation program

(Designlldentity) $ 1,000.00

a. New Logo development $ 4,000.00

b. Gateway Signs (1 per year)

Sub- Total Streetscapelaintenance/Beautifcation$88,248.00

Greater Leimert Park Vilage/Crellhaw Corridor PBID 8 Revised Maiiagement District Plaii - 2005

II. Marketinf!romòtions/Special Events - 15 %a. Black History Walk/lan and Development $ 5,000.00b. Web Site, set up and maintenance $ 1,000.00c. Walking map (Design and Production) $ 5,000.00d. BrochurelHotels (Design and Production) $ 2,000.00e. Special Events (2) $ 10,000.00f. Newsletter (4 times per-year) $ 2,000.00

Sub-Total Marketing and Promotions $ 25,000.00ID. Organizational/Corporate Admin - 27%a. Insurance $ 2,500.00b. Rent (partial donated) ,$ 4,000.00c. Staff"mg (Employee w!benefits or contracted company $ 35,000.00for admiistration)d. Printing/Copying $ 2,000.00e. Postage $ 1,000.00f. PhonelUtilities $ 1,000.00

Sub-Total for OrganizationaVCorporate Admin $ 45,500.00IV ContingencylReservelMsc. - 50/0a. City costs/Special Assessment biling

(December 2002)b. City oversight costs/annually

c. County collection costsd. ReservelMisc.

Sub-Totalfor Contingency/Reserve/isc. $ 8,619.00TOTAL PROJECTED BUDGET - 100% $ 167,367.00

.

ANNUAL ASSESSMENT ADJUSTMENTS:

This plan recommends that the Greater Leimert Park Vilage/Crenshaw Corridor PBm begranted the option, upon majority vote of the Advisory Board and the non-profitmanagement entity, to annually Increase the base assessment rate with one of the followingtwo means:

'I:

1. Based upon the regional Consumer Price Adjustor as determined by the U.S.

Department of Labor; or

2. By a flat percentage rate, not to exceed 5% 'of

the previous year's rate;

The City Council, by law, cannot initiate such adjustments. Provisions to allow for suchadjustments must be included in this Management District Plan. The non-profitmanagement entity and the PBID Advisory Board make a recommendation to the CityCouncil on an annual basis as to whether or not any adjustnients to the current year'sassessment rates is made.

Greater Leimert Park Vilage/Creiishaw Corridor PBID ,9 Revised Management District Plan - 2005

Revenues for specifc activities may be reallocated among activities from year to year basedupon District needs and budget development by the non-profit management entity and thePBID Advisory Board. Such changes must meet with concurrence with the City Attorneyand City Clerk's offices. Please see the attachment that outlnes the maximum costs basedupon the maximum annual escalator over each year of life of the District. (Costs do notassume changes in use of the propert nor construction of new buildings in the PBID).

Disestablishment:Local ordinance provides for the disestablishment of the Alpha PBID. pursuant to anannual review process. Each year that the Greater Leimert Park Vilage/Crenshaw

Corridor PBID is in existence, there is a 30-day period during which the propert .ownershave the opportunity to request disestablishment of the District. This 30 day period beginseach year on' the anniversary date of the District's establishment by the City Council.Within that 30 day period, if a written petition is submitted by the owners of real propertwho pay 30% or more of the assessments levied, tiie PBm disestablishment procedure maybe initiated and the City Council wil hold a public hearing on disestablishing the PBID,prior to actually doing so. "

Due to its long term nature, (up to 10 years), this new ordinance alløws for the growth oflandscaping, its maintenance as well as economic development strategies related torevitalization that create a more permanent improvement to the area.

6. sources of financing including the, method and , basis of leving the assessments in

suffcient detail to allow each propertv owner to calculate the amount of assessments tobe levied against his or her propertv:

The propert owners in the Greater Leimert Park Vilage/Crenshaw Corridor Property

Business Improvement District sought to establish the District for the maximum allowablefrom the time of establishment. The Greater Leimert Park/Crenshaw Corridor PBID hasannual reviews of the budget and opportunities to dis-establish the District on theanniversary of its approval.

The first year budget serves as the standard budget for each operating year of the District.

The method and basis for levyng the assessment is on the basis of lot size, building squarefootage size and linear frontage. The annual budget is derived from the followingvariables, generating the following amounts of revenue:

Greater Leiniert pàrk Vilage/Creiishaw Corridor PBID 10 Revised Managemeiit District Plaii - 2005

GREATER LEIMERT PARKICRENSHA W CORROR P.B.I.D.

ASSESSMENT METHODOLOGY - MANAGEMENT DISTRICT PLAN

Total Annual Revenues generated from District Plan: $167,367.00

Number of Benefit Zones: 3

Amount of Petitions Needed to Trigger 218 Balloting (Alpha PBID): 30% = $50,210.00

Benefit Propert Variable/Siie Annual Costs Generation of % of Benefit ZoneZone Per Variable Revenues per Contribution to

Number Variable overall District

Zone 1 Loti 290,042 sq. ft. $ 00.04 $11,601.68 36%(4 cents)

Linear Frontage!' $10.00 per $23,520.002,352 linear feet linear foot

Building Size/162,218 $ 00.15 $ 24,332.70square feet (15 cents)

$ 59,454.38 $ 59.454.38Zone 2 Loti 780.127 sq. ft. $ 00.03 $ 23.403.81 53%

(3 cents)

Linear Frontage/ $10.00 per $ 65,820.006.582 linear feet linear foot

$ 89,223.81 $ 89223.81Zone 3 Lotl1.868.943 sq. ft. $00.01 $18,689.43 11%

(l cent)

$18.689.43Total/lan $167.367.62

7. The time and manner of collecting the assessments. .

The Alpha PBID is established with a successful petition drive by more than 30% of theproperty owners who must pay into the District. These petitions demonstrate stakeholdersupport for the District and trigger a Proposition 218 mail ballot procedure. The AlphaPBID, can be established and function for a maximum of 10 years and must ,be re-established through a simiar petitioning and balloting process at the end of its pre-designated life. The Greater Leimert Park Vilage/Crensha~ Corridor BID Steering

Greater Leimert Park Vilage/Creiishaw Corridor PBID 11 Revised Management District Plaii - 2005

Committee elected to establish the District for the period of 10 years to save on the costsrequired to re-establish the District within 4 - 5 years, (as mandated under state law).

As provided by local ordinance, the Greater Leimert Park Vilage/Crenshaw CorridorProperty Business Improvement District appears as a separate line item on the annualpropert tax bils prepared by the County of Los Angeles. Propert tax bils are generallydistributed in the Fall and payment is expected by lump sum or in two installments. TheCounty of Los Angeles distributes the assessments collected to the City of Los Angeles whothen forwards them to the non-profit management entity, pursuant to the authorization ofthis plan. Existing laws for enforcement and appeal of property taxes apply to the

Management District assessments.

8. Anv Rules and Regulations to be Applicable to the District:

Throughout this process, the Greater Leimert Park Vilage/Crenshaw Corridor PropertyOwners expressed concerns that the City of Los Angeles maintain existing services atverifiable "baseline" service levels. A formal base level of services policy ensures thatexisting City Servces are enhanced and not replaced by the new BID services.

Pursuant to the Landscaping, Security, Programming and Maintenance Propert and. Business Improvement Ordinance, a Management' District can establish rules and

regulations that uniquely apply to the District. A few initial rules and regulations shouldbe considered by the Greater Leimert Park Vilage/Crenshaw Corridor Advisory Boardand the non-profit management entity in the administration of the. District.

Competitive Bidding:The non-profit management entity should develop a policy for competitive bidding.The policy aims to maximize service quality, efficiency and cost effectiveness. Thelow-bid contract may not always be the best contract and consideration shóuld bemade to vendors and contractors who are actually based in the Greater LeimertPark/Crenshaw Corridor, or adjacent communities.

Conflict of Interest:Any stakeholder who serves on the management entity's Board of Directors shallrecuse themselves from any vote in which a potential conflct of interest is apparent.Such potential conflcts include, but are not limted to, prioritiing capitalimprovement projects which result in special benefit to specific propert owners,prioritization of services to benefit a particular owner or group of owners, hiring orselecting the relatives of Board members, etc.

Greater Leitiiert Park Vilage/Crenshaw Corridor PBID 12 Revised Management District Plan - 2005

Open Door Policy:Based upon the recent Court of Appeals ruling, HED vs. Epstein, the non-profitmanagement entity, contracted with the City to administer the District, is subject tothe open meeting provisions of the Brown Act. Meetings of the Board of themanagement entity administering the District should be open to all stakeholderspaying into the District. Regular financial reports should be submitted to the

Committee members and made available upon request by the membership. Sub-Committee meetings of the PBID' Committee should be open and encourage

participation among various stakeholders, business owners and communitymembers. The Board shall retain the right to enter into executive session forreasons including, but not limited to strategic planning, legal matters, personnelissues, etc.

Group Advocacy:It is a policy of the non-profit management entity to be commltted to workig withother City-wide. Business Improvement Districts. The true success of the BID'sefforts in the City of L.A. is seen in the shaping of City policies and ordinances

towards its various business Districts.

9. A Statement Placed in a Conspicuous Place in the District Plan Statim! the

Assessments for the Maintenance of Improvements Constructed bv the District. ifanv.shall Continue to be Levied on Each Parcel of Land within the District for a Period ofTime Equal to the Useful Life of the Improvement Whether the District isDisestablished or the Term ofthe Original Lew has Expired.

Assessments for the maintenance of improvements constructed by the District, shallcontinue to be levied on each parcel of land within the District for a period of time,as determined by the City Clerk, equal to the useful life of the improvement whether

. the District is disestablished or the term of the original levy has expired. The City ofLos Angeles shall not be responsible for the maintenance nor repair of any privatelyfunded, special improvements made in the Greater Leimert Park/Crenshaw

Corridor business District in its implementation of the enhanced servces Districtcreated by' the estabiishment of the BID. If the District is disestablished during thetime the capital improvements are stil in need of ongoing maintenance, the

assessment District wil be. reduced accordingly to accommodate the annualmaintenance needs.

10. Advisory Board and Management oft/ie District

The non-profit management entity is charged with the day-to-day operations of theManagement District.

Greater Leimert Park Vilage/Creiishaw Corridor PlJID 13 Revised Maiidgement District Plan - 2005

ADVISORY BOARD:'The final management structure includes 1) an Advisory Board, and 2) a non-profitmanagement entity to administer the BID's programs.

The Advisory Board appointment and duties is in accordance with Section 6.616 ofChapter 9 of Division 6 of the Los Angeles Administrative Code. Accordingly, members ofthe Advisory Board are appointed by the City Council and must include at least onemember that is a business licensee within the District but not also a property owner withinthe District. The Advisory Board adopts an annual service plan, including budgets andmonitor the service delivery. The Advisory Board submits its report annually to the CityCouncil on the anniversary of the District's renewal.

NON-PROFIT MANAGEMENT ENTITY:Upon approval of the Revised Management District Plan by the propert owners of theDistrict, the City shall enter into a contractual relationship with a non-profit managemententity for administration of the BID's programs. The non-profit management entity shallstrive to meet the following operational objectives for the Greater Lcimert Park/CrenshawCorridor business District....

· Create and manage programs that best respond to the top priorities of the Districtproperty owners;

· Maximize coordination the City government to avoid duplication of services and toleverage resources; .

· Deliver services through a cost-effective, non-bureaucratic and easy to accessorganizational structure;

· Provide accountability and responsiveness to those who pay.

Greater Leimert Park Vilage/Crenshaw Corridor PBID 14 Revised Manageme1l District Plan - 2005

MAP OF THEGREATER LEIMERT PAR VILLAGE /

CRENSHAW CORRORPROPERTY BUSINESS IMPROVEMENT DISTRICr¡

I'

Council File 96.1477Ordinance 1711384 Mapped By: DEPAIlTMENTOF CITY PLANNING - GIS DIVISION -t. NolToScaø

..... h ~'ll'

GJY"l'''i.~"".~

P¡i3:?tBr¡t¡1 B.I.O. PROPERTIES (pROPERTY BASED)

B.1.0, BOUNDARY

i.iinortm,aml JUl 2003

, ,YEARLY PROJECTION OF ASSESSMENTS

ANFUNDING CATEGORIES

FOR THEGREATER,LÈIMERT PAR VILLAGE /

CRENSHAW CORROR.PROPERTY BUSINESS IMPROVEMENT DISTRICT

2005 - 2013

Gre

ater

Lei

mer

t Par

k V

ilage

I C

rens

haw

Cor

ridor

PB

IDB

udge

t '

Yea

rly P

roje

ctio

ns w

ith 5

% A

nnua

l Adj

ustm

ent

. BID

Yea

r20

055%

2006

5%20

075%

2008

5%20

095%

Proj

ecte

d B

udge

tM

aint

enan

ce$8

8,24

8.00

$4,4

12.4

0$9

2,66

0.40

$4,6

33.0

2$9

7,29

3.42

$4,8

64.6

7$1

02,1

58.0

9$5

,107

.90

$107

,266

.00

$5,3

63.3

0M

arke

ting

$25,

000.

00$1

,250

.00

$262

50.0

0$1

,312

.50

$27,

562.

50$1

,378

.13

$28,

940.

63$1

,447

.03

$30,

387.

66$1

,519

.38

Adm

inis

trtio

n$4

5,50

0.00

$2,2

75.0

0$4

7,77

5.00

$2,3

88.7

5$5

0,16

3.75

$2,5

08.1

9$5

2,67

1.94

$2,6

33.6

0$5

5,30

5.53

$2,7

65.2

8C

ontin

genc

y$8

,619

.00

$430

.95

$9,0

49.9

5$4

52.5

0$9

,502

.45

$475

.12

$9,9

77.5

7$4

98.8

8$1

0,47

6.45

$523

:82

10ta

i$1

67,3

67.0

0$8

,368

.35

$175

735.

35$8

,786

.77

$184

,522

.12

$9.2

26.1

1$1

93.7

48.2

2$9

,687

.41

$203

,435

.63

$101

71.7

8 '

BID Year

2010

'5%

2011

5%20

125%

2013

Proj

ecte

d B

udge

tM

aint

enan

ce$1

12,6

29.3

0$5

,631

.46

$118

,260

.76

$5,9

13.0

4$1

24,1

73.8

0$6

,208

.69

$130

,382

.49

Mar

ketin

g$3

1,90

7.04

$1,5

95.3

5$3

3,50

2.39

- $1,675.12

. $35,177.51

$1,7

58.8

8$3

6,93

6.39

Adm

inis

trat

ion

$58,

070.

81$2

,903

.54

$60,

974.

35$3

,048

.72

$64,

023.

07$3

,201

.15

$67,

224.

22C

ontin

genc

y$1

1,00

0.27

$550

.01

$11,

550.

28$5

77.5

1$1

2,12

7.80

$606

.39

$12,

734.

19io

ta$2

13,6

07.4

2$1

0,68

0.37

$224

,287

.79

$11,

214.

39$2

35,5

02.1

8$1

1,77

5.11

$247

,277

.29

LIST OF PARCELS TO BE ASSESSED

LUI I"",UNI tlLU\: I"\;I VI"

NO. APN SITUS ADDRESS ZONE AREA FT SF TOTAL ASMT1 5013-013-013 441 CRENSHAW BLVD 2 14,04 92 0 O.tlO'l :i1,;'41.202 5013-013-014 441 CRENSHAW BLVD 2 1,760 0 0 0,03% $52,803 5013-023-005 4414 CRENSHAW BLVD 2 776 25 0 0,16% $273,284 5013-023-006 444 CRENSHAW BLVD 2 5,800 60 0 0.46% $774,005 5013-023-007 44 CRENSHAW BLVD 2 11,600 200 0 1,40% $2,348,006 5013-023-008 4414 CRENSHAW BLVD 2 3,480 4 0 0,09% $144,407 5013-023-012 CRENSHAW BLVD 2 19,750 182 0 1,44% $2,412,508 5023-008.002 4340 LEIMERT BLVD 2 8,867 73 0 0,60% $996,019 5023-008-003 4340 LEIMERT BLVD 2 3,712 61 0 0.43% $721,3610 5023-008.004 4332 LEIMERT BLVD 2 1,8.96 42 0 0.28% $476,8811 5024-006-001 CRENSHAW BLVD 2 3,299 15 0 0,15% $248,9712 5024-006-02 4301 CRENSHAW BLVD 2 3,30 30 0 0,24% $399,0013 5024-006-003 437 S CRENSHAW BLVD 2 3,30 30 0 0,24% $399,0014 5024-006.004 4309 CRENSHAW BLVD 2 3,465 30 0 0.24% $403.9515 5024-006.005 4313 CRENSHAW BLVD 2 5,198 45 0 0,36% $605.9416 5024-06-006 4317 CRENSHAW BLVD, 2 5,198 45 . 0 0.36% $605,9417 5024-006-007 4321 CRENSHAW BLVD 2 3,465 30 0 0,24% $403,9518 5024-006-08 4325 CRENSHAW BLVD 2 3,465 30 0 0.24% $403,9519 5024-6-009 4327 CRENSHAW BLVD 2 3,465 30 0 0.24% $403,9520 5024-.010 4331 CRENSHAW BLVD 2 6,930 60 0 0,48% $807,9021 5024-06-011 4343 CRENSHAW BLVD 2 10,395 90 0 0.72% $1,211.8522 5024-6.012 4345 CRENSHAW BLVD 2 15,44 154 0 1.20% $2,003,2023 5024-0013 433 CRENSHAW BLVD 2 15,94 86 0 0.80% $1,33.2024 5024-007-01 4257 CRENSHAW BLVD 2 2,990 27 ° 0,21% $3,7025 5024-007-002 4263 CRENSHAW BLVD 2 6,960 55 0 0.45% $758,8026 5024-7-03 4267 CRENSHAW BLVD 2 11,210 100 0 0.80% $1,336,3027 5024-007-Q 4275 CRENSHAW BLVD 2 5,50 50 0 0.40% $665,0028 5024-7-005 4279 CRENSHAW BLVD 2 5,50 50 0 0,40% $665,0029 5024-oo7-D 4283 CRENSHAW BLVD 2 2,750 25 0 0.20% $332.5030 5024-007-007 4285 CRENSHAW BLVD 2 2,750 25 0 0.20% $32.5031 5024-7.008 4287 CRENSHAW BLVD 2 2,20 20 0 0.16% $266.0032 5024-7-009 4289 CRENSHAW BLVD 2 3,190 29 0 0.23% $385.7033 5024-7-023 4299 CRENSHAW BLVD 2 10,250 85 0 0.69% $1,157,5034 5024-008001 4241 CRENSHAW BLVD 2 3,660 30 0 0.24% $409,8035 5024-008-02 CRENSHAW BLVD 2 4,56 40 0 0,32% $53,8036 5024-8-03 4233 CRENSHAW BLVD 2 4,56 40 0 0.32% $536.8037 5024-008004 4229 CRENSHAW BLVD 2 4,55 40 0 0.32% $536.7138 5024-8-005 4225 CRENSHAW BLVD 2 4,557 40 0 0,32% $536.7139 5024-008.008 4213 CRENSHAW BLVD 2 4,557 40 0 0.32% $56,7140 5024-00-009 4209 CRENSHAW BLVD 2 4,557 40 0 0,32% $536,7141 5024-008-022 CRENSHAW BLVD 2 4,360 40 0 0.32% $530,8042 5024-8.023 4245 CRENSHAW BLVD 2 16,120 147 0 1,17% $1,953,6043 5024-8-024 CRENSHAW BLVD 2 9,114 80 0 0,64% $1,073.244 5024-008-025 3610 STOCKER ST 2 9,490 110 0 0.83% $1,38.7045 5024--00 4124 CRENSHAW BLVD 2 3,800 40 0 0.31% $514,0046 5024-9.005 4120 CRENSHAW BLVD 2 3,80 40 0 0,31% $514,0047 5024-009-006 4116 CRENSHAW BLVD 2 3,80 40 0 0,31% $514,0048 5024-oog-007 4108 CRENSH..W BLVD 2 7,60 80 0 0.61% $1,028,0049 5024-009-008 4080 CRENSHAW BLVD 2 11,400 120 0 0.92% $1,542,0050 5024-009-009 4074 CRENSHAW BLVD 2 3,800 40 0 0.31% $514,OQ51 5024-009-010 4070 CRENSHAW BLVD 2 3,800 40 0 0,31% $514,0052 5024-9-011 4064 CRENSHAW BLVD .2 3,80 40 0 0,31% $514,0053 5024-009-012 4058 CRENSHAW BLVD 2 4,226 45 0 0.34% $576.7854 5024-009.013 4050 CRENSHAW BLVD 2 8,843 70 0 0,58% $965,2955 5024-009.014 3552 MARTIN lUTHER KING JR BLVD 2 7,100 71 0 0.55% $923,0056 5024-00-015 3540 MARTIN LUTHER KING JR BLVD 2 6,100 41 0 0.35% $593,0057 5024-009.030 4140 CRENSHAW BLVD 2 19,390 185 0 1.45% $2,431.7056 5024-014-001 3405 W 43RD ST 1 21,910 203 12,673 2.87% $4807,3559 5024-015-001 344 W 43RD ST 1 20,420 100 12,963 2,25% $3,761,2560 5024-017-005 4278 CRENSHAW BLVD 2 3,800 40 0 0.31% $514,0061 5024-17-006 4276 CRENSHAW BLVD 2 3,80 40 0 0,31% $514,0062 5024-17-007 4270 CRENSHAW BLVD 2 3,800 40 0 0.31% $514,00

, 63 5024-17-008 4252 CRENSHAW BLVD 2 18,800 200 0 1.53% $2,56,00.64 5024-17.009 4242 CRENSHAW BLVD 2 14,971 120 0 0.99% $1,64.1365 5024-17-010 4230 CRENSHAW BLVD 2 22,050 240 . 0 1.63% $3,061,50

.66 5024-017-011 4210 CRENSHAW BLVD 2 9,500 100 0 o.n% $1,285.00: 67 5024-17-012 4200 CRENSHAW BLVD 2 10,63 95 0 0.76% $1,26.9068 5024-17-035 4294 CRENSHAW BLVD 2 15,620 152 0 1.19% $1,98.60

, 69 5024-018-001 341 W 43RD PL 1 6,60 60 8,280 1.26% $2,106,00; 70 5024-18-002 3411 W 43RD PL 1 5,58 50 5,550 0.93% $1,55,70

GREATER LEiMERT PARK I CRENSHAW CORRIDORPROPERTY BUSINESS IMPROVEMENT DISTRICT

ASSESSMENT ROLL

_____ .. _I: f"

......... ii LOT' FRONT tlLD~ PCTOFNO. APN SITUS ADDRESS ZONE ARE FT SF TOTAL ASMT

71 5024-018-03 34111/2 W 43RD PL 1 3,620 32 3,764 0,62% $1,029.4072 5024-018- . 3417 W 43RD PL 1 5,450 46 4,720 0,83% $1,386,0073 5024-18-00 3423 W 43RD PL 1 5,250 40 6,800 0,97% $1,630,0074 5024-018-007 4330 CRENSHAW BLVD 2 20,670 212 0 1,64% $2,740,1075 5024-18-008 4320 CRENSHAW BLVD 2 9,410 93 0 0.72% $1,212,3076 5024-018-009 4314 CRENSHAW BLVD 2 4,420 40 0 0.32% $532,6077 5024-018-010 438 CRENSHAW BLVD 2 6,09 56 0 0.44% $742,7078 5024-18-012 344 W 43RD ST 1 12,970 146 9,021 1,99% $3,331,9579 5024-018-016 43 DEGNAN BLVD 1 13,084 86 15,500 2,22% $3,708,3680 5024-18-017 4311 DEGNAN BLVD 1 7,80 60 0 0.54% $912,0061 5024-018-018 4317 DEGNAN BLVD 1 17,858 137 16,656 2,74% $4,582,7282 5024-018-19 4333 DEGNAN BLVD 1 5,152 54 4,320 0.83% $1,394,0883 5024-018.020 4337 DEGNAN BLVD 1 5,00 50 4,600 0,83% $1,390,0084 5024-018-021 4306 CRENSHAW BLVD 2 4,610 45 0 0,35% $588.3085 5024-018-022 4300 CRENSHAW BLVD 2 8,190 61 0 0.51% $855.7086 5024-018-023 3426 W 43RD ST 1 8,64 117 7,914 1,61% $2,702,7087 5024-18-90 LEIMERT BLVD 2 44,039 642 0 4,63% $7,741,17 R88 5024-018-901 43RDST 1 9,145 102 0 0,83% $1,385,80 C89 5024-018-902 CRENSHAW BLVD 2 60,110 0 0 1,08% $1,803.30 C90 5024-18-903 43RDST 1 810 7 0 0,06% $102.40 C91 5024-19-02 431 LEIMERT BLVD 2 2,510 25 ° 0.19% $325.3092 5024-19-03 4339 LEIMERT BLVD 2 5,83 80 ° 0,58% $974.9093 5024-19-00 3331 W 43RD PL 1 3,280 47 2,969 0,63% $1,04,5594 5024-19- 3343 W 43RD PL 1 5,990 82 5,984 1,17% $1,957,2095 5024-19-008 4330 DEGNAN BLVD 1 7,80 154 7,017 1.74% $2,90.5596 5024-19-013 4307 LEIMERT BLVD 2 11,38 87 ° 0,72% $1,211,40

. 97 5024-019-014 439 LEIMERT BLVD 2 3,08 25 ° 0,20% $32.4098 5024-19-015 4315 LEIMERT BLVD 2 6,05 49 ° 0,40% $671.5099 5024-19-016 4319LEIMERT BLVD 2 6,930 42 ° 0.38% $627,90100 5024-019-017 4323 LEIMERT BLVD 2 4,180 38 0 0.30% $50,40101 5024-19.:18 4327 LEIMERT BLVD 2 5,760 50 ° 0,40% $672.80102 5024-19-90 43RDST 1 49,36 272 0 2,80% $4,694.40103 5024-19-901 LEIMERT BLVD 2 1,760 10 ° 0.09% $152,80104 5024-019-902 3341 W 43RD PL 1 21,600 38 17,258 2,29% $3,832,70105. 5024-019-903 DEGNAN BLVD 1 7,590 69 0 .0,59% , $993,60106 5024-19-90 4300 DEGNAN BLVD 1 23,223 197 0 1,73% $2,898.92107 5024-20-1 4299 LEIMERT BLVD 2 22,675 95 0 0,97% $1,63,25108 5024-24-1 3339 W 43RD ST 1 ' 21,910 203 16,229 3,19% $5,34,75109 5032-002-038 3625 STOCKER ST 3 14,659 0 ° 0,09% $146,59110 5032-02-039 4101 CRENSHAW BLVD 3 371,566 ° ° 2,22% $3,715,66111 5032-02-040 CRENSHAW BLVD 3 14,074 0 0 0,08% $140,74112 5032-02-041 3649 STOCKER ST 3 13,769 ° 0 0.08% $137.69113 5032-02-042 3701 STOCKER ST 3 19,220 ° 0 0,11% $192,20114 5032-02-04 3715 SANTA ROSALIA DR 3 14,028 ° 0 0,08% $140,28115 5032-02-0 3755 SANTA ROSALIA DR 3 11,882 0 0 0,07% $118.82116 5032-oo2-Q 3767 SANTA ROSALIA DR 3 12,211 0 0 0,07% $122,11117 5032-02-047 3791 SANTA ROSALIA DR 3 19,370 ° 0 0,12% $193,70118 5032.002-048 MARLTON AVE 3 14,301 ° ° 0,09% $143,01119 5032-002-04 MARLTON AVE 3 12,378 ° 0 0,07% $123.78120 5032-002-052 3755 SANTA ROSALIA DR 3 112,820 0 ° 0,67% $1,128,20121 5032-02-03 3650 MARTIN LUTHER KING JR BLVD 3 185,565 0 0 1,11% $1,855,65122 5032.002-054 4101 CRENSHAW BLVD 3 55,321 0 0 0,33% $553,21123 5032-002-055 4005 CRENSHAW BLVD 3 85,377 0 0 0,51% $853,77124 5032-02-056 MARTIN LUTHER KING JR BLVD 3 7,000 0 0 0,04% $70,00125 5032-02-057 MARLTON AVE 3 28,070 0 0 0,17% $280,70126 5032-02-058 CRENSHAW BLVD 3 71,438 0 0 0.43% $714.38127 5032-002-059 CRENSHAW BLVD 3 247,420 0 0 1,48% $2,474.20128 5032-002-060 CRENSHAW BLVD 3 8,000 0 0 0.05% $80.00129 . 5032-02-061 3650 MARTIN LUTHER KING JR BLVD 3 29,000 0 0 0,17% $290,00130 5032-002-063 4020 MARL TON AVE 3 59,677 0 0 0.36% $596,77131 5032-002-04 MARTIN LUTHER KING JR BLVD 3 6,160 0 0 0.04% $61,60132 5032-002.065 3650 MARTIN LUTHER KING JR BLVD 3 455,637 0 0 2.72% $4,556,37133 5033035 4034 CRENSHAW BLVD 2 21,877 90 0 0,93% $1,556,31134 5033-4-90 CRENSHAW BLVD 2 30,100 217 0 1,64% $3,Onoo135 5033-004-901 CRENSHAW BLVD 2 32,093 219 0 1,86% :¡3,152,79

GREATER LEIMERT PARK I CRENSHAW CORRIDORPROPERTY BUSINESS IMPROVEMENT DISTRICT

ASSESSMENT ROLL

EC & PARKS - GEN FUNDITY PARKING - GEN FUNDITY PARKING - GEN FUNDITY PARKING - GEN FUND

CITY PARKING - GEN FUNDCITY PARKING - GEN FUNDLACRALACRALACRA

DWPDWP

ANNUAL ASSESSMENT TOTAL $167,367.62

SUMMARY OF REVISIONS TOTHE GREATER LEIMERT PARK VILLAGE I CRENSHAW CORRIDOR BID

MANAGEMENT DISTRICT PLAN

The Greater Leimert Park Vilage / Crenshaw Corridor Business Improvement District (BID)Advisory Board recommends that the following revisions be approved to the BID'sManagement District Plan. These revisions wil allow for a non-profit management entity tobe contracted with the City to administer the BID's programs and allow the BID to beginoperation'.

Simultaneously with, and contingent upon, the successful modification of the ManagementDistrict Plan, the BID Advisory Board has asked the City Clerk to conduct a 'Request ForQualifications' process to identify, select and procure the services of a non-profit corporationas the BID's administrator.

SUMMARY

All references in the BID's Management District Plan to the "Greater Leimert ParkVilage I Crenshaw Corridor PBID Management Corporation" have been deleted andchanged to the "non-profit management entity." References to BID "years" and thelife of the District have been appropriately updated throughout. Numerous 'other minoredits and corrections, having no material effect on the BID's programs and activities,have been made as well. The requested modifications are in order to allow for theselection of a qualified non-profit corporation with a track record of successfulcommunity projects to administer the BID's programs rather than the BID itselfforming their own management corporation for that purpose as originally outlined inthe management plan. In line with this intent, language throughout the entireManagement District Plan has been revamped to accurately reflect this change and itsimplications.

The major changes are found on the following pages in the Management District the plan:

. Page 3. Executive Summary. The Executive summary has been updated andcorrected where appropriate to accurately reflect the current status ofthe BID.The programs, activities, assessments and benefit zones of the BID have notbeen changed from the originaf Management District Plan.

Page 14. Management of the District. (Section 10) In this section and in all othersections where åppropriate, the language referring to the "Greater LeimertPark Vilage I Crenshaw Corridor PBID Management Corporation," has beendeleted and all pertinent references to the entity administering the BID'sprograms have been replaced with, "non-profit management entity." All otherlanguage contained in the Management District Plan referring to the previousdescription of the 'Management Corporation' have been revised accordingly.

Page 1 of 2

Page 14. Advisory Board and Management of the District. (Section 10). In thissection and in all other sections where appropriate, the language referring tothe makeup of the Advisqry Board has been changed to, "The Advisory Boardappointment and duties shall be in accordance with Section 6.616 of Chapter 9of Division 6 of the Los Angeles Administrative Code. Accordingly, membersof the Advisory Board are appointed by the City Council and must include atleast one member that is a business licensee within the district but not also aproperty owner within the District." All other references to the Advisory Boardin the management plan have been revised accordingly.

Appendices: Map of the District. (Attachment) Updated with current City Planning map ofthe BID area and parcel delineations.

Nine Year Projection of' Assessments and Funding Categories.(Attachment) Updated for statutorily established life from current year forward.

List of Parcels to be Assessed. (Attachment) Updated with current APN

information.

Additionally, throughout the 'Revised Management District Plan for the GreaterLeimert Park Vilage/Crenshaw Corridor Property Business ImprovementDistrict' document, language been updated and corrected where appropriate toaccurately reflect the current status of the BID. The programs, activities,assessments and benefit zones of the BID have not been changed from theoriginal Management District Plan. Also, where appropriate, grammar,punctuation, and capitalization have been corrected from the original anddiction has been clarified where necessary. '

-,'

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