City Council

(2) 14-0943-S2 ECONOMIC AND COMMUNITY DEVELOPMENT COMMITTEE REPORT relative to the Los Angeles Tourism Marketing District (Property-Based) Business Improvement District (BID) Fiscal Year (FY) 2023 Annual Planning Report. Recommendations for Council action: FIND that: The attached Annual Planning Report for the Los Angeles Tourism Marketing District BID's 2023 FY complies with the requirements of the State Law. The increase in the 2023 budget concurs with the intentions of the Los Angeles Tourism Marketing District BID's Management District Plan and does not adversely impact the benefits received by assessed property owners. ADOPT the Annual Planning Report for the Gateway to the Los Angeles Tourism Marketing District BID's 2023 FY, attached to the Council File, pursuant to the State Law.