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SR-01-22-2008-1FCity Council Meeting: January 22, 2008 Agenda Item: 1 ~' ~ To: Mayor and City Council From: Eileen Fogarty, Director, Planning and Community Development Subject: Final Tract Map No. 61782 for an Eighteen-Unit Condominium Project Recommended Action Staff recommends that the City adopt the accompanying resolution approving Final Tract Map No. 61782 for 1112-1122 Pico Blvd. Executive Summary This report transmits for City Council approval a Final Tract Map for the following condominium project. The Tentative Tract Map was approved by the Planning Commission on April 19, 2006. TRACT MAP ADDRESS SUBDIVIDER UNITS No. 61782 1112-1122 Pico Blvd. Pico Eleven LLC Eighteen (18) Discussion After a public hearing and careful review of the record and staff recommendations, the Planning Commission approved the Tentative Tract Map for the above project on April 19, 2006. 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 developer will be required to show proof of payment of the condominium tax of $18,000 prior to issuance of a building permit. The Final Map 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 1 Engineer's office indicates that off-site public improvements are being assessed on the Final Map and therefore; a subdivision improvement agreement will be prepared and a performance bond and a labor and materials bond, payable by the project applicant, shall be posted through the City Attorney's office. The City Attorney's office has•. approved the Covenants, Conditions and Restrictions for the Final Map as complying with the conditions of the Vesting Tentative Map and applicable laws. Financial Impacts & Budget Actions The recommendation presented in this report does not have a budget or fiscal impact. Prepared by: Bradley J. Misner, AICP, Senior Planner Forwarded to Council: G Planning & Community Manager Attachments: A. Resolution 2 Reference Resolution No. 10268 (CCS).