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Council approves expedited acquisition of Temple Beverly Park, aims to close escrow by Feb. 1
Summary
The council approved findings to expedite purchase of Temple Beverly Park (227 North Lake Street) so escrow can close by Feb. 1; the purchase will use previously authorized Proposition A2 funds, council members said.
The Los Angeles City Council approved findings under council rules to expedite the city’s acquisition of Temple Beverly Park at 227 North Lake Street near Temple and Alvarado, allowing staff to meet a February 1 escrow deadline. City staff told the council the Board of Recreation and Park Commissioners had acted to acquire the property and that the quick action was necessary…
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