Los Angeles

City Council

May 23, 2023 Item #15

Agenda Item 15

(15) 13-0705-S1 CD 5 ECONOMIC AND COMMUNITY DEVELOPMENT COMMITTEE REPORT relative to the Melrose (Property-Based) Business Improvement District Fiscal Year 2023 Annual Planning Report. Recommendations for Council action: FIND that: The FY 2023 Annual Planning Report for the Melrose (Property-Based) BID, attached to the City Clerk report dated December 13, 2022, 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 Melrose BID’s Management District Plan and does not adversely impact the benefits received by assessed property owners. ADOPT the FY 2023 Annual Planning Report for the Melrose BID, pursuant to the State Law.