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SR-404-005 (25) PCD:SF: AS:PF:SDL:F:\CityPlanning\Share\COUNCIL\STRPT\2005\05-FIM-005 1243 Franklin Street.doc Council Mtg: May 17, 2005 Santa Monica, California TO: Mayor and City Council FROM: City Staff SUBJECT: Resolution Approving Final Tract Map No. 53666 for a 5-Unit Condominium Project at 1243 Franklin Street. INTRODUCTION This report recommends that the City Council authorize the City Manager to negotiate and execute an Agreement for Completion of Public Improvements and transmits for City Council approval a Final Tract Map for the following condominium project. The Vesting Tentative Tract Map was approved by the Planning Commission on September 15, 2003. TRACT MAP ADDRESS SUBDIVIDER UNITS No. 53666 1243 Franklin Street Franklin Street Condo project LLC 5 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 September 15, 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 Business License Division reports that the developer must pay the condominium tax prior to certificate of occupancy in the amount of $5,000 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. 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. 53666. Prepared by: Andy Agle, Interim Director of Planning & Community Development Amanda Schachter, Planning Manager Paul Foley, Senior Planner Sarah Lejeune, Associate Planner Attachment: A. Resolution (See Adopted Resolution No. 10037 (CCS). 2