Budget & Finance

(11)\n25-0006-S38\nCD 11\nEconomic and Workforce Development Department (EWDD) report\ndated June 16, 2025 relative to the feasibility of creating a Climate\nResilience District for the directly impacted and adjacent areas of the\nPacific Palisades Fire; and, Substitute Motion (Park – Lee) dated\nDecember 9, 2025 and EWDD report dated January 27, 2026 relative\nto the potential adoption of a Disaster Recovery District pursuant to\nSenate Bill 782 to support recovery in the Palisades Fire Disaster\nArea, and funding for a feasibility study. [The EWDD report dated\nJune 16, 2025 and Substitute Motion (Park – Lee) were referred to\nthe Budget and Finance Committee and Economic Development\nand Jobs Committee for further consideration when the City\nCouncil considered the matter on December 9, 2025. The EWDD\nreport dated January 27, 2026 is referred to the Budget and\nFinance Committee, Economic Development and Jobs\nCommittee, and Ad Hoc Committee for LA Recovery.]\nFiscal Impact Statement: Yes