Los Angeles

Budget & Finance

September 09, 2025 Item #2

Agenda Item 2

(2)\n15-1207-S3\nCD 9\nCity Administrative Officer report and Addendum relative to requesting\nauthorization for the issuance and sale in a principal amount up to\n$990 million of Municipal Improvement Corporation of Los Angeles\n(MICLA) lease revenue bonds 2025-A (Los Angeles Convention\nCenter) and MICLA lease revenue bonds series 2025-B (Los Angeles\nConvention Center) (Federally Taxable).\n(This item is referred to Economic Development and Jobs and\nBudget and Finance Committees. Economic Development and\nJobs Committee waived consideration of the item.)\nFiscal Impact Statement: Yes\nFinancial Policies Statement: Yes\nDebt Impact Statement: Yes