Los Angeles
City Council
Agenda Item 14
(14) 12-0963-S1 CDs 4,5,13 ECONOMIC AND COMMUNITY DEVELOPMENT COMMITTEE REPORT relative to the Hollywood Media District (Property-Based) Business Improvement District (BID) Fiscal Year (FY) 2023 Annual Planning Report. Recommendations for Council action: FIND that: The FY 2023 Annual Planning Report for the Hollywood Media District (Property-Based) BID attached to the City Clerk report dated January 10, 2023, attached to the Council file, complies with the requirements of the State Law. The increase in the 2023 budget concurs with the intentions of the Hollywood Media District (Property-Based) BID's Management District Plan and does not adversely impact the benefits received by assessed property owners. ADOPT said FY 2023 Annual Planning Report for the Hollywood Media District (Property-Based) BID, pursuant to the State Law.