City Council

(31) 23-0386 COMMUNICATION FROM THE CITY CLERK and RESOLUTION relative to the signature examination and verification of an initiative petition submitted to the City regarding Limits on Healthcare Executive Compensation. Recommendations for Council action: ADOPT the accompanying RESOLUTION requesting that the Registrar-Recorder/County Clerk conduct the signature examination and verification of an initiative petition submitted to the City of Los Angeles regarding Limits on Healthcare Executive Compensation. AUTHORIZE the City Clerk to transmit the approved RESOLUTION to the Los Angeles County Board of Supervisors for consideration and approval. AUTHORIZE the City Clerk to submit the petition to the Los Angeles County Registrar- Recorder/ County Clerk. Fiscal Impact Statement: The City Clerk reports that the City will reimburse the County Registrar-Recorder/County Clerk for the examination and verification of the Limits on Healthcare Executive Compensation Initiative Petition signatures. The costs are being determined and the City Clerk will report back on the cost.