Los Angeles

City Council

July 31, 2024 Item #1

Agenda Item 1

(1) Wednesday 24­0635 - July 31, 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 Wednesday, July 31, 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) 24­0635 CD 8, CD 10 PUBLIC ANNOUNCEMENT OF BALLOT TABULATION and ORDINANCE FIRST CONSIDERATION relative to establishment of the Greater Leimert Park Village / Crenshaw Corridor Business Improvement District (BID), pursuant to Section 53753 of the California Government Code, Section 36600 et seq. of the California Streets and Highways Code and Article XIII D of the California Constitution. Recommendations for Council action, if the tabulation of ballots indicates majority support, SUBJECT TO THE APPROVAL OF THE MAYOR: 1. PRESENT and ADOPT the accompanying ORDINANCE, dated July 26, 2024, establishing the BID and confirming the assessments to be levied upon properties within the BID, as described in the Management District Plan. 2. AUTHORIZE the City Clerk, subject to approval of the City Attorney, to prepare, execute and administer an operating agreement between the City and a non­profit corporation for the administration of the BID’s programs. Fiscal Impact Statement: The City Clerk reports that direct costs associated with Department administrative expenses will be charged to the District and will be recovered from assessments collected. Wednesday 31, - Julyon Assessment levied 2024 the - City­owned properties withinPAGE 5 the District to be paid from the General Fund total $117,274.76. for the first year of the BID. 2. AUTHORIZE the City Clerk, subject to approval of the City Attorney, to prepare, execute and administer an operating agreement between the City and a non­profit corporation for the administration of the BID’s programs. Fiscal Impact Statement: The City Clerk reports that direct costs associated with Department administrative expenses will be charged to the District and will be recovered from assessments collected. Assessment levied on the City­owned properties within the District to be paid from the General Fund total $117,274.76. for the first year of the BID. Funding is available in the BID Trust Fund No. 659 to pay the General Fund share of the assessment for the first operating year. Proposition 218 requires the separation of general benefits from the special benefits. The general benefit portion for the District is $12,400.00 for the first year. However, funds other than assessment revenue must be budgeted annually for the general benefit expense for the remaining years of the BID’s ten­year term.