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SR-404-004 (39) PCD:SF:AS:JL:SR:BR:F:\PLAN\SHARE\COUNCIL\STRPT\FM\fm54215condo.doc Council Mtg: April 12, 2005 Santa Monica, California TO: Mayor and Councilmembers FROM: City Staff SUBJECT: Resolution Approving Final Tract Map No. 54215 for a 33-Unit Condominium Project at 1906-1922 Broadway INTRODUCTION This report recommends that the City Council approve a Final Tract Map for the following condominium project. The Vesting Tentative Tract Map was approved by the Planning Commission on August 20, 2003. TRACT MAP ADDRESS SUBDIVIDER UNITS 54215 1906-1922 Broadway Broadway Lofts, LLC 33 BACKGROUND After a public hearing and careful review of the record and staff recommendations, the Planning Commission approved a Vesting Tentative Tract Map for the above project on August 20, 2003. The action of the Planning Commission was based on its findings that the proposed subdivision will have no significant environmental impact and is in conformance with all state and local laws and regulations, and applicable General Plan Elements. The Final Map conforms to the Tentative Map. The License Division reports that the developer and City entered into an agreement (through the recordation of a lien against the property) to pay the condominium tax on November 24, 2004 in the amount of $33,000.00. The project has been approved by the Los Angeles County Engineer’s office and certified by the City Engineer for conformance with the Tentative Map and conditions thereon, the Subdivision Map Act and local ordinances. The City Attorney's office has approved the Covenants, Conditions and Restrictions for the Final Map as complying with the conditions of the Tentative Map and applicable laws on March 7, 2005. BUDGET/FINANCIAL IMPACT The recommendation presented in this report does not have a budget or fiscal impact. RECOMMENDATION It is recommended that the City Council adopt the accompanying resolution approving Final Tract Map No. 54215. Prepared by: Suzanne Frick, Director of Planning & Community Development Amanda Schachter, Planning Manager Jonathan R. Lait, AICP, Acting Principal Planner Bill Rodrigues, AICP, Associate Planner Attachments: A. Resolution (See Adopted Resolution No. 10029 (CCS)).