Los Angeles Municipal Code Art. 7 Control, Acquisition, and Disposition of Real Property for Economic…

Section

• 22.1460 Control of Real Property for Economic Development.

• 22.1461 Real Property.

• 22.1462 Relocation of Displaced Persons.

Notwithstanding the authority provided to the Department of General Services in Chapter 21 of Division 22 of this Code, the Department shall have charge, superintendence, and control of all City-owned real property, the use of which currently is or is intended to be for economic development purposes, projects, or activities.

SECTION HISTORY

Article and Section Added by Ord. No. 188,945, Eff. 6-29-26, Oper. 7-1-26.

The Department shall, subject to the provisions of this chapter, as well as applicable federal, state, and local laws, have the powers provided in this section for the acquisition, development, and disposition of real property for economic development purposes, projects, and activities.

(a) Acquisition of Real Property. The Department, subject to Council authorization, shall have the power and is authorized to acquire any real property by purchase, lease, gift, devise, or any other means authorized by law that may be necessary or convenient to carry out its economic development functions under this chapter.

(b) Demolition and Clearance of Real Property. Except as otherwise provided in the Charter, the Department is authorized to perform the following powers on City-owned real property:

(1) Demolish and clear buildings, structures, and other improvements as necessary to carry out the purposes and objectives of this chapter;

(2) Take such actions as it deems reasonably necessary to prepare real property for development; and

(3) Take such actions as it deems reasonably necessary to remedy any hazardous material or condition.

(c) Conveyance of City Interests in Real Property. The Department is authorized to convey any interest owned or controlled by the City in real property at its fair reuse value to carry out the public purposes and objectives of this chapter in accordance with the procedures set forth in Section 7.27.2 of this Code. Any such conveyance shall be made pursuant to one or more agreements requiring the development, use, and maintenance of such real property for economic development, and such agreement(s) shall additionally require as a condition precedent to the conveyance that one or more deed restrictions be recorded against the conveyed interest restricting the development and use and requiring the maintenance of such real property so as to insure that the economic development purpose for which the conveyance was made is fulfilled for such period of time as is determined to be appropriate.

SECTION HISTORY

Article and Section Added by Ord. No. 188,945, Eff. 6-29-26, Oper. 7-1-26.

If and to the extent the execution of any agreement or any aspect of development or operation of an economic development project or activity results in the permanent or temporary displacement of any occupants of a site, the Department shall insure full compliance with applicable statutes and regulations with respect to relocation planning, advisory assistance, and payment of monetary benefits.

SECTION HISTORY

Article and Section Added by Ord. No. 188,945, Eff. 6-29-26, Oper. 7-1-26.