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SR-10-28-2008-1DCity Council Meeting: October 28, 2008 .Agenda Item: ~ "-D To: Mayor and City Council From: Eileen Fogarty, Director, Planning and Community Development Subject: Resolution Approving .Final Tract Map No. 062922 for a Nine-Unit Condominium Project at 125 Pacific Street. Recommended Action Staff recommends that the City adopt the accompanying resolution. approving Finat Tract Map No. 062922. Executive Summary This report transmits. for City Council approval a Final Tract Map for the following condominium project. The Tentative Parcel Map was approved by the Planning Commission on December 14, 2005. PARCEL MAP ADDRESS SUBDIVIDER UNITS No. 062922 125 Pacific Street 125 Pacific, LLC 9 Discussion After a public hearing and careful review of the record and staff recommendations, the Planning Commission approved a Tentative. Tract Map for the above project on December 14, 2005. An extension of time on the Tentative Tract Map was granted by the Planning. Commission on February 20, 2008. 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 $9,000 prior to issuance of building permit. The Final Map has 1 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 Engineer's office indicates that there are no required off-site public improvements. 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. Prepared by: Scott Albright, Associate Planner Approved: Forwarded to Council: Director (/ " Planning & Community Attachments: A. Resolution P.,L'arrtont Ewe Ci anager 2 Reference Resolution No. 10353 (CCS).