Los Angeles

City Council

August 27, 2024 Item #42

Agenda Item 42

(42) 24­0893 CD 15 ADMINISTRATIVE EXEMPTION and TRADE, TRAVEL AND TOURISM COMMITTEE REPORT relative to the issuance of the Los Angeles Harbor Department 2024 Refunding Revenue Bonds. Recommendations for Council action, SUBJECT TO THE APPROVAL OF THE MAYOR: 1. ADOPT the determination by the Board of Harbor Commissioners (BOHC) that the proposed action is administratively exempt from the requirements of the California Environmental Quality Act (CEQA) under Article II Section 2(f) of the Los Angeles City CEQA Guidelines. 2. APPROVE the Port of Los Angeles Resolution Nos. 24­10395 and 24­10396 authorizing the issuance of the Los Angeles Harbor Department 2024 Refunding Revenue Bonds. Fiscal Impact Statement: The BOHC reports that there is no impact to the General Fund.