City Council

(1) 24-0635-S1\nCD 8, CD 10 ECONOMIC DEVELOPMENT AND JOBS COMMITTEE REPORT\nrelative to Fiscal Year (FY) 2026 Annual Planning Report (APR) for the\nGreater Leimert Park Village/Crenshaw Corridor, Property-Based,\nBusiness Improvement District (BID).\nRecommendations for Council action:\n1. FIND that the APR for the Greater Leimert Park\nVillage/Crenshaw Corridor 2025-2034 BID's 2026 FY attached\nto the City Clerk report dated January 27, 2026, attached to the\nCouncil file, complies with the requirements of the State Law.\n2. FIND that the increase in the 2026 budget concurs with the\nintentions of the Greater Leimert Park Village/Crenshaw\nCorridor 2025-2034 BID’s Management District Plan and does\nnot adversely impact the benefits received by assessed\nproperty owners.\n3. ADOPT said APR for the Greater Leimert Park\nVillage/Crenshaw Corridor 2025-2034 BID’s 2026 FY, pursuant\nto the State Law.\nFiscal Impact Statement: The City Clerk reports that there is no\nimpact to the General Fund associated with this action.