9/12/2025
1 CITY COUNCIL MEETING
SEPTEMBER 9, 2025
RESOLUTION FOR THE
APPROVAL THE RELOCATION
PLAN FOR THE TENANTS OF
1975 EAST 21 STREET AND
2107 CHERRY AVENUE
April 22, 2025- Approved Purchase and Sale Agreement
1975 East 21 Street and 2107 Cherry Avenue
Parks and Recreation Master Plan (2021) and Civic Center Master Plan (2024) Propose Use: Signal Hill Park Expansion
Proper ty Occupancy: 2 Residential Studios- 1 bedroom/1 bathroom each 1- Commercial studio- Photography Studio
Tenant Relocation Requirement-California Government Code Section 7267 et seq.
Background
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9/12/2025
2 • March 2025-Monument Right of Way Services, Irvine
• Scope of work:
Phase 1-Relocation Costs Analysis
Phase II • Legal Notices- GIN, NOEs • Tenant Interviews and Surveys • Relocation eligibility • Preparation of a Relocation Plan Phase III • Final Implementation of Tenant Relocation Assistance • Assistance with lease applications or down payment assistance. • Assistance with submitting relocation claims. • June 18, 2025-Notice of Eligibility and Relocation Plan Notice
• July 24, 2025-30 Day public review period
Tenant Relocation Plan
Relocation Plan Findings-Residential
1. Housing Mix
2. Occupancy Standards
3. Income
Housing Mix and Occupancy
• Residential Unit A- one bedroom-occupancy-single adult • Residential Unit B-one bedroom-occupancy-Head of Household with two minors • One Bedroom Residential = three individuals • Sufficient Inventory of Replacement Housing. • Average one-bedroom rent $1,853 Income
• Department of Housing and Community Development (HCD) • Los Angeles County 2025 Area Median Income (AMI) $106,600. • Residential Households determined within the Low-Income Category Preferred Relocation Area
• Signal Hill and City of Lakewood
Current Bedrooms
Monthly
Rent
Residential
Unit
Unit A $1,500 1
Unit B $1,400 1
Figure A
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9/12/2025
3 Relocation Plan Findings Non-Residential
Commercial Occupancy
• 1,040 square feet • In His Image Photography- sole proprietorship • Monthly rate of $1,075
Full Business Interview- pending
• Operations, equipment, income, specific relocation needs. • Moving and re-establishments assistance Comparable Sites
• Comparable square footage
• Listings range between $1,485-$6,250
• $1.65-$3.50 per square foot
Photography
Studio
Current
Monthly
Rent
Commercial
Unit
Unit A $1,075 1
Fiscal Impact
Relocation Plan Authorization
Relocation Benefits: • Total Estimated Benefits: $111,970 • Contingency (10%): $11,197
• Total: $123,167
Budget Adjustment Resolution: • Transfer $123,167 from Park Reserve Fund (117) • Capital Improvement Reserve (113) • Capital Outlay (400) 5 6
9/12/2025
4 Aug 2024
Property Listed for Sale
Sep 2024
City Council Approved LOI Feb 2025 Monument Services April, 2025Approved Purchase and Sale Agreement
Sep 9, 2025
City Council Meeting
Relocation Plan and Assistance
Sep 2025
90-Day Notice to Vacate Issuance
90-day period Oct Nov Dec December 2025 Units Vacated September 9, 2025 WE ARE HERE Relocation Plan Timeline
RECOMMENDATIONS
1. Adopt a resolution approving the
Relocation Plan
2. Authorize a budget adjustment
appropriating a total of $123,167
from the Park Development Fund for
relocation assistance, and authorize
the City Manager, to implement the
approved Relocation Program.
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9/12/2025
5 Difference for 42
months
Difference
FMV-Current Rent
Tenant’s
Current Rent
Fair Market Value
(FMV) of Rent
$3,000 - $2,000 = $1,000 x42 $42,000
• Methodology: household size, fair market value, and tenant’s current rent • Per 25 CCR (§)6104, replacement housing payment shall be for 42 months. • Sample calculation:
• Monument calculated the total amount for all households as $111,970.00 • 10% contingency of $11,197.00
• The total calculated relocation costs will be $123,167.00 Assistance Methodology
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