Los Angeles
City Council
Agenda Item 1
(1) Tuesday 180525S1 - July 30, 2024 - PAGE 4 motion to send an item "forthwith" if adopted by ten (10) votes, suspends these rules and requires the City Clerk to forward the matter to the Mayor, or other officer, without delay. RULE 16 MOTIONS Council Rule No. 16, in part, allows a member to send an item directly to the Council without it having to go to a Council Committee first, by giving the City Clerk a motion (seconded by an additional member) during a Council session to be placed on the next regular available Council agenda. Los Angeles City Council Agenda Tuesday, July 30, 2024 JOHN FERRARO COUNCIL CHAMBER ROOM 340, CITY HALL 200 NORTH SPRING STREET, LOS ANGELES, CA 90012 10:00 AM Roll Call Approval of the Minutes Commendatory Resolutions, Introductions and Presentations Multiple Agenda Item Comment Public Testimony of Nonagenda Items Within Jurisdiction of Council Items Noticed for Public Hearing (1) 180525S1 CD 1 MOTION (HERNANDEZ PADILLA) and RESOLUTION relative to issuing Multifamily Housing Revenue Bonds, in an amount not to exceed $25,730,000, to finance the new construction of the 137unit multifamily housing development known as West Third Apartments project located at 19001906 West 3rd Street in Council District 1. Recommendations for Council action, SUBJECT TO THE APPROVAL OF THE MAYOR: 1. CONSIDER the results of the Tax Equity and Fiscal Responsibility Act of 1982 (TEFRA) public hearing held on June 7, 2024 for West Third Apartments. 2. ADOPT the accompanying TEFRA RESOLUTION, attached to the Motion, approving the issuance of bonds in an amount not to exceed $25,730,000 for the construction of a 137unit multifamily housing development located at 19001906 West 3rd Street in Council District 1.