Monday | February, 08 2010 powered by: Action Technology
Agenda 
Welcome to Luma!

Address
1100 South Hope Street
Los Angeles, CA 90015
Front Desk: (213) 742-0387

Management Company
Action Property Management
Phone: (800) 400-2284
Fax: (949) 450-0303
www.actionlife.com
General Manager
Francis Langlois | Email Manager
Corporate Office
2603 Main Street, Suite 500
Irvine, CA 92614
Manager Assistant
Lori Shilling
Concierge - The Beverly Hills Concierge Service
www.lumaconcierge.com

Front Desk
Karen Tolliver
Mervyn Ward
Bryan Almeida
Landon Lewis
Engineer
Walter Hernandez
Board of Directors Meeting Notice 
Upcoming Board of Directors Meeting  
Next regular meeting of the board is scheduled for Monday, February 8, 2010
Location: Villa Flores - 1020 South Flower Street, Los Angeles, CA 90015
Time: 7:00 p.m.
posted: 8/15/2008
Manager's Message 
Park for South Park (update)  
At our meeting at Jan Perry's office last month, Greg Fischer agreed to call on 5 properties to ascertain the feasibility of acquiring propoerty for a park and the owners' willingness to sell.  Our committee subsequently submitted a list of 6 properties.  Greg Fischer forwarded the list to Mike Shull at LA Recreation and Parks Dept. to follow up. 
 
Michael Pearce (who lives at Evo) and I met with Mike Shull.  Mr. Shull reported that he has contacted the owners of all of the properties except one.  He stated that he did not contact the owner of 1130 S Hope St. (Gladstone), because he is uncertain as to the identity of the owner.
 
One owner stated that the property was not for sale, the property at the northeast corner of 11th and Hope (Desmond Bldg.)
 
Mr. Shull remains in contact with the other property owners, and will continue to discuss the feasibility of acquisition with them.
 
As to the property at the block bounded by 12th, Olive, Pico, and Grand (owned by the State Bar), the owner has not established a selling price ,and the property is probably too large to be acquired by the City with current funding.  Michael Pearce will try to interest a developer to build ~ 300 condo units in a tower on part of the site to defray purchase costs so that a park can be built on the rest.  The key to kick this property off will be some type of agreement between the owner and a developer.
 
It appears that we will not be in a position to submit an application for Prop. 80 funding by March 1 on any of the sites.  However, there should be another funding cycle under Prop. 80 in ~ 1 year.
 
If the city can lock up one of the properties (keep your fingers crossed that maybe one of the owners will lower the price enough), then we can submit an application in the next funding cycle to build the park!
 
Jed Springer
A Park In South Park
posted: 1/14/2010
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