FRIENDS OF THE HOLLYWOOD CAP PARK HOLLYWOOD FREEWAY CENTRAL PARK
6464 SUNSET BLVD 535, HOLLYWOOD, CA 90028 hollywoodcentralpark.org

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Organizations Filed Purposes: IN RELATION TO THE ENVIRONMENTAL IMPACT REPORT, THE ADEIR WAS SUBMITTED TO THE RECREATION AND PARKS ON APRIL 26, 2019. FHCP FINANCE COMMITTEE BEGAN WORK ON THE 2 OPPORTUNITY ZONES WITHIN THE PARK AREA. IN OCTOBER 2019, FHCP PRESENTED THE PARK PROJECT TO ALL CITY MANAGERS FROM EACH CITY DEPARTMENT AS WELL AS THE MAYORS OFFICE. FHCP CONTINUED MEETING QUARTERLY WITH COUNCIL MEMBER MITCH O'FARRELL. FHCP SIGNED A COMMITMENT LETTER WITH LA BUILDING AND CONSTRUCTION TRADES. FHCP ADVOCATED ON BEHALF OF THE HCP IN WASHINGTON DC AND SACRAMENTO. FHCP REPRESENTATIVES ATTENDED CITY PARKS ALLIANCE BIENNIAL CONFERENCE IN DENVER, COLORADO. IN DECEMBER 2019, FHCP SPONSORED AN IDEAS AND INSPIRATION COMPETITION FOR ARCHITECTURAL STUDENTS. AN EVENT WAS HELD ON DECEMBER 10, 2019 TO HONOR THE MORE THAN 89 STUDENT PARTICIPANTS AND SHOW CASE THEIR IDEAS FOR THE HOLLYWOOD CENTRAL PARK. FHCP CONTINUES TO WORK WITH GOVERNOR NEWSOMS OFFICE AND CALDOT TO MOVE THE PLANNING PROCESS FORWARD. FHCP PARTICIPATED IN THE

TO RAISE FUNDS TO CREATE A NEW PARK IN HOLLYWOOD, ONE OF THE MOST DENSE AND GREEN SPACE STARVED NEIGHBORHOODS IN LOS ANGELES, BY COVERING A PORTION OF THE HOLLYWOOD FREEWAY (US 101) WITH A 38-ACRE STREET LEVEL REGIONAL PARK.

THE HOLLYWOOD CENTRAL PARK IS A LANDMARK INFRASTRUCTURE PROJECT THAT WILL CREATE MORE THAN 35,000 DIRECT AND INDIRECT JOBS OVER 10 YEARS, PROVIDE ECONOMIC STIMULUS AND LONG TERM ECONOMIC SECURITY, PROVIDE HEALTHY COMMUNITIES AND PROVIDE CHILDREN WITH OPEN GREEN SPACE IN WHICH TO GROW AND THRIVE.THE HOLLYWOOD CENTRAL PARK WILL TRANSFORM HOLLYWOOD'S DISADVANTAGED COMMUNITIES INTOTHRIVING ECONOMIC ENGINES AND IS AN INVESTMENT IN OUR CHILDREN, OUR COMMUNITY AND OUR FUTURE.

IN ACCORDANCE WITH US GAAP CONTRIBUTION OF SERVICES ARE RECOGNIZED IF THE SERVICES RECEIVED (a) CREATE OR ENHANCE NONFINANCIAL ASSETS OR (b) REQUIRE SPECIALIZED SKILLS THAT ARE PROVIDED BY INDIVIDUALS POSSESSING THOSE SKILLS, AND (c) THE SERVICES AND COSTS WOULD TYPICALLY NEED TO BE PURCHASED IF NOT PROVIDED BY DONATION. CONTRIBUTED SERVICES THAT DO NOT MEET THE CRITERIA ARE NOT RECOGNIZED.FHCP RECEIVES A SIGNIFICANT AMOUNT OF DONATED SERVICES FROM UNPAID PROFESSIONAL VOLUNTEERS WHO ASSIST IN CARRYING OUT THE ORGANIZATION'S PROGRAM SERVICES.SEE SCH D AND SCH O FOR DETAIL.

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