Los Angeles

City Council

February 28, 2024 Item #22

Agenda Item 22

(22) 18-0734-S2 CD 14 TRADE, TRAVEL AND TOURISM COMMITTEE REPORT relative to requesting an analysis on the Venice Hope Hotel project and related economic incentives, updating analyses as required. Recommendation for Council action, pursuant to Motion (de Leon - Blumenfield): INSTRUCT the Chief Legislative Analyst (CLA) to present a report regarding the previously requested analysis on the Venice Hope Hotel project and related economic incentives, updating any outdated analysis as required. Fiscal Impact Statement: Neither the City Administrative Officer nor the CLA has completed a financial analysis of this report.