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CONTRACT 3650 OtherDAVID E. JANSSEN Chief Administrative Officer County of Los Angeles CHIEF ADMINISTRATIVE OFFICE 36 5 0 713 KENNETH HAHN HALL OF ADMINISTRATION - LOS ANGELES, CALIFORNIA 90012 (213) 974 -1101 hftp://cao.lacounty.gov Board of Supervisors GLORIA MOLINA First District September 20, 2006 Mr. Gary Chicots Interim Director Planning and Building Safety City of El Segundo 350 Main Street El Segundo, CA 90245 -3813 Dear Mr. Chicots: ECEOWEP SEP 2 2 2006 Planning and Building Safety Dept. YVONNE B. BURKE Second District ZEV YAROSLAVSKY Third District DON KNABE Fourth District MICHAEL D. ANTONOVICH Fifth District Attached is the fully executed agreement between the County of Los Angeles and the City of El Segundo, completing the exchange of funds between our two agencies (Attachment 1). This is being sent to you in accordance with the June 21, 2006 letter from Seimone Jurjis (Attachment II). The County Auditor - Controller will be sending the warrant for $58,500.00 under separate cover. If you have any questions, please call me at (213) 974 -4362. DAVID E. JANSSEN Chief Administrative Officer N . rman Braverman Capital Projects /Debt Management Division Attachments (Agreement Transmittal — El Segundo) "To Enrich Lives Through Effective And Caring Service" 76® ATTACHMENT I FUNDING AGREEMENT FOR EXCHANGE OF GENERAL TAX REVENUES BETWEEN THE COUNTY OF LOS ANGELES AND THE CITY OF EL SEGUNDO ?_, �r O FUNDING AGREEMENT FOR EXCHANGE OF GENERAL TAX REVENUES BETWEEN THE COUNTY OF LOS ANGELES AND THE CITY OF EL SEGUNDO AS THIS AGREEMENT is made and entered into this 23' day of 7'", 2006 BY COUNTY OF LOS ANGELES, a body corporate and politic, hereinafter referred to as "County ", AND CITY OF EL SEGUNDO a public agency, hereinafter referred to as "City". WITNESSETH: WHEREAS, the County is desirous of exchanging Community Development Block Grant (CDBG) funds for general tax revenues for the purpose of implementing CDBG- eligible projects for low- and moderate - income persons in the County of Los Angeles; WHEREAS, the City is willing to assist the County in performing such services by agreeing to an exchange of CDGB funds for general tax revenues; WHEREAS, Government Code Section 53703 authorizes counties and cities to take all necessary actions to participate in various federally- funded programs; WHEREAS, the parties have determined that the this funding exchange will enhance the health and welfare of the residents of the County and the City; NOW, THEREFORE, in consideration of the mutual promises, covenants and conditions set forth herein, the parties hereto agree as follows: A. Approved Funding and Costs 1. The County hereby grants to the City the amount of $58,500.00 of general tax revenue funds in exchange for $90,000.00 of CDBG funds to support the development of low- and moderate income housing in the County. 2. The County Funds will be paid to the City within 30 days of an invoice from the City for the full amount provided for in this Agreement. 3. The transfer of these funds was approved by the County Board of Supervisors on March 21, 2006. C. Agreement Term This Agreement will remain in force until execution of the funding agreement with the City, the transfer of the CDBG funds from the City to the County and the transfer of the general tax revenue from the County to the City. D. Financial Records 1. The City agrees to maintain satisfactory financial accounts, documents and records of the expenditure of County Funds and to make them available to the County for auditing at reasonable times. The City also agrees to retain such financial accounts, documents and records for five (5) years following the expiration or prior termination of this Agreement. 2. The City agrees to use a generally accepted accounting system. The City also agrees to maintain, and make available for County inspection, accurate records of all of its costs, disbursements and receipts with respect to its activities under this Agreement. The City will provide the County Chief Administrative Office within one hundred twenty (120) days after the end of its fiscal year, a report itemizing actual expenditures funded by monies received pursuant to this Agreement. E. Notices and Approvals All notices and approvals shall be directed to and made by the following representatives of the parties: a. To the County: Chief Administrative Office Attn: Norman Braverman Kenneth Hahn Hall of Administration, Room 754 500 West Temple Street Los Angeles, CA 90012 b. To the City: City of El Segundo Attn: Director, Planning and Building and Safety 350 Main Street El Segundo, Ca 90245 (310) 524 -2354 N: /bf3 /nb /CDC /EI Segundo Tax Swap for CDBG Funds 2 3650 . F. Nondiscrimination The City shall not discriminate against any person on the basis of race, color, sex, sexual orientation, age, religious belief, national origin, marital status, physical or mental handicap, medical condition, or place of residence in the use of the County Funds paid to the City pursuant to this Agreement. G. Severability If any provision of this Agreement, or the application thereof, is held to be invalid, that invalidity shall not affect other provisions or applications of the Agreement that can be given effect without the invalid provision or application, and to this end the provisions of the Agreement are severable. H. Effective Date The effective date of this Agreement shall be the date that it has been executed by both parties. IN WITNESS WHEREOF, the City has executed this Funding Agreement, or caused it to be duly executed by its authorized representative, and the County of Los Angeles by order of its Board of Supervisors, has delegated to its Chief Administrative Officer the authority to execute this Agreement on its behalf. CITY : Jeq,ffi % wart, City Manager APPROVED AS TO FORM: Date NAME OF" /or pity Clerk or Person Approving for City City Attorn By " r rger, As Is ant City Attorney N: /bf3 /nb /CDC /EI Segundo Tax Swap for CDBG Funds N COUNTY County of Los Angeles /tea g � Date A> Y David E. Janssen Chief Administrative Officer APPROVED AS TO FORM: RAYMOND G. FORTNER, JR. County Counse By Principal Deputy 4unybbunsel N: /bf3 /nb /CDC /EI Segundo Tax Swap for CDBG Funds 4 3bbp . ATTACHMENT II LETTER FROM THE CITY OF EL SEGUNDO Department of Planning and Building Safety June 21, 2006 Mr. Norman Braverman Elected officials: Chief Administrative Office Kenneth Hahn Hall of Administration, Room 754 Kelly yDowell, Mayor 500 West Temple Street Eric Mo Los Angeles, CA 90012 Mayayor r Pro Tim Jim Boulgarides, Council Member GA Jacobson, cobs Subject: City of El Segundo Funding Agreement and Invoice Completing C, Member the Community Development Block Grant (CDBG) Exchange of Funds Bill Fisher, Council Member Transaction Cindy Mortesen, city Clerk Ralph Lenphera, City Treasurer Dear Mr. Braverman: Appointed officials: Enclosed is Invoice Number 1 in the amount of $58,500.00, requesting the General Tax Revenues from the County of Los Angeles as part of the approved Jeffrey Stewart, City Manager exchange of Community Development Block Grant funds with the City of El Mark D. ley, citty Segundo. Additionally; please find enclosed one original signed contract entitled, yAtto Aetorn.y 9 "Funding Agreement for Exchange of General Tax Revenues Between the County of Los Angeles and the City of El Segundo ". Please return a fully Department Directors: executed Funding Agreement to the City of El Segundo, to the attention of: Bill Crow*, Assistant City Manager Brat Plumlee, Director of Planning and Building Safety Administrative Services City of El Segundo Norm Angelo, Fire Chief 350 Main Street Debra Brighton, Library£ Cable Services El Segundo, CA 90245 Saimons Judie, Planning and Building J.ckw.yt Should any questions arise, please contact Ms. Tina Gall, CDBG Consultant for PoliceChiel the City of El Segundo at (310) 524 -2354. Steven Finton, Public Works • Vacant - Recreation a Parka Sincerely, Seimone J rjis, E., Director www.eisegundo.org Planning and Building Safety Attachments: Invoice #1 Funding Agreement 350 Main Street, El Segundo, California 90245 -3813 Phone (310) 524 -2380 FAX (310) 322 -4167